Enticing e-commerce growth opportunities in the Gulf

Enticing e-commerce growth opportunities in the Gulf

E-commerce skyrocketed in 2020 when the pandemic caused a seismic shift in consumer spending habits. Shoppers around the world turned to their smart devices for everything from groceries to clothing. Two years later, despite getting Covid-19 under control, the e-commerce trend is continuing to gain momentum.

According to data published by leading e-commerce company Shopify, global online retail sales will total €5.33 trillion in 2022. More than 15% of all retail sales in developed markets are currently made online, and growth is expected to reach 24.5% by 2025.