eCommerce market in Oman
Oman is one of the smaller markets for eCommerce with a predicted revenue of US$266.3 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 10.2%, resulting in a projected market volume of US$393.3 million by 2028. With an expected increase of 13.0% in 2024, the Omani eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Oman, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Omani eCommerce market. Electronics is the largest market and accounts for 23.8% of the Omani eCommerce revenue. It is followed by Hobby & Leisure with 22.5%, Fashion with 18.6%, Furniture & Homeware with 12.1%, Care Products with 8.7%, DIY with 7.8%, and Grocery with the remaining 6.6%.
Market development
eCommerce revenue development in Oman
Oman is one of the smaller markets for eCommerce with a predicted revenue of US$266.3 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 10.2%, resulting in a projected market volume of US$393.3 million by 2028. With an expected increase of 13.0% in 2024, the Omani eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Oman, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Omani eCommerce market. Electronics is the largest market and accounts for 23.8% of the Omani eCommerce revenue. It is followed by Hobby & Leisure with 22.5%, Fashion with 18.6%, Furniture & Homeware with 12.1%, Care Products with 8.7%, DIY with 7.8%, and Grocery with the remaining 6.6%.
eCommerce revenue development in Oman
eCommerce revenue growth in Oman
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 56.9 | 35.5 | 14.9 | 93.7 | 64.2 | 39.2 | 54.2 | 39.7 |
Market comparison
The Omani eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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