DUBLIN, April 9, 2024 (GLOBE NEWSWIRE) — “Egypt Social Commerce Market Intelligence and Future Growth Dynamics Databook – Social Commerce Trends, Operational KPIs, Retail Product Dynamics by End User Sector, Added 50+ KPIs on Consumer Demographics and Consumer Demographics – Q1 2024 Update report ResearchAndMarkets.com Recruitment.
Egypt boasts a thriving social commerce sector
Egypt's social commerce industry is undergoing a period of significant growth, with an expected annual increase of 36.1% and a valuation of USD 1.41 billion in 2024. The compound annual growth rate (CAGR) from 2024 to 2029 is 29.8%. , Egypt's social commerce gross merchandise merchandise (GMV) is expected to increase from USD 1.03 billion in 2023 to USD 5.20 billion by the end of 2029.
In-depth analysis has revealed over 50 key performance indicators (KPIs) that are important to understand the multifaceted dynamics of the Egyptian social commerce market. These include insights into retail product trends across a variety of categories, including clothing, footwear, beauty, personal care, and electronics. Additionally, end-use segments such as B2B, B2C, and C2C are meticulously detailed along with device usage, purchase locations, city demographics, and payment methods, giving stakeholders a panoramic view of the market. You can strategize effectively.
Market size and consumer behavior: key drivers of growth
Comprehensive analysis extends to forecasts by retail product category, end-use consumer segment, device, location, payment method, and platform. We also explore emerging trends such as video commerce and group purchasing. A closer look at consumer demographics and behaviors such as age, income level, and gender provides further granularity for a deeper understanding of market growth drivers.
Data-centric market analysis gives experts an edge
This significant expansion in social commerce is being driven by a variety of factors, including increased mobile and internet penetration, innovative payment solutions, and changes in consumer purchasing behavior. Experts in this field can leverage these data-centric insights to identify market opportunities, develop targeted strategies, and respond to market-specific trends and risks.
conclusion
Overall, the findings highlight the vibrancy and potential of Egypt's social commerce environment. Forward-looking organizations and investors will find the market rife with opportunities for growth and innovation.
Key attributes:
| report attributes | detail |
| number of pages | 70 |
| Forecast period | 2024-2029 |
| Estimated market value in 2024 (USD) | $1.4 billion |
| Projected market value to 2029 (USD) | $5.2 billion |
| compound annual growth rate | 29.8% |
| Target area | Egypt |
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Egypt social commerce market
