Market Size of Qatar E-Commerce Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 4.18 Billion |
| Market Size (2029) | USD 6.55 Billion |
| CAGR (2024 - 2029) | 9.40 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Qatar Ecommerce Market Analysis
The Qatar E-Commerce Market size is estimated at USD 4.18 billion in 2024, and is expected to reach USD 6.55 billion by 2029, growing at a CAGR of 9.40% during the forecast period (2024-2029).
With the highest GDP per capita in the world and a reliance on international partners to fulfill strategic goals, Qatar emerges as an excellent place for commercial growth, creating economic prospects for many nations. In the near future, the e-commerce market in Qatar is expected to grow strongly, particularly in the services industry.
- The soccer tournament organized in Qatar in 2022 brought new opportunities for businesses to capitalize on this major event. As people from different countries turned out to watch FIFA World Cup, companies adopted various strategies to showcase their presence. FIFA introduced an online tool for event organizers who wanted to stage public viewing events during the FIFA World Cup Qatar 2022.
- FIFA World Cup official retail Partner, Qatar Duty-Free (QDF), launched the first FIFA store at Hamad International Airport. The store will have an impressive collection of FIFA Official World Cup merchandise, souvenirs, collectibles, and team jerseys. The move was to attract the tourists returning after the world cup. People can shop for memorable souvenirs to mark an unforgettable experience.
- The Formula One Grand Prix, Expo 2023, and the Asian Football Confederation (AFC) Asian Cup will occur in Qatar in 2023, providing travel and tourism companies with an excellent chance to create robust business developments.
- The outbreak of Covid-19 brought a fundamental and structural change in the retail industry. Many renowned brands have drastically reduced their presence on the high street or have switched to just conducting business online. The traditional retail sector has been forced to change and enter a new era. Online retail and physical retail will continue evolving together, but it is observed companies will invest in cutting-edge technologies and innovative stores.
