Market by Product Type, Payment Mode, and Country Outlook | Forecast 2022-2028
Based on Triton Market Research’s estimates, the B2B eCommerce market in the Middle East and Africa is likely to showcase revenue growth at a CAGR of 19.74% during the forecast period 2022-2028.
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The
countries assessed in the region comprise:
•
The United Arab Emirates
•
Saudi Arabia
•
Turkey
•
South Africa
•
Rest of Middle East & Africa
In
the Middle East and Africa, the United Arab Emirates captures the highest
shares. The market’s
growth is primarily supported by the expansion of business-to-business websites
and internet penetration across nations. Besides this, the increased number of
digital buyers has prompted the growth of the B2B eCommerce market across the
Middle East and Africa.
In the UAE, there have been significant
developments that are expected to widen the market’s scope over the upcoming
years. For instance, in 2022, Anchanto expanded its position by partnering with
the Logistics Executive Group. This accelerated the growth of its existing
customer base in the region. Further, DXBUY collaborated with Tabby to expand
its B2B eCommerce platform. Hence, such developments are fueling the
business-to-business eCommerce market.
In Saudi Arabia, several business-to-business
eCommerce websites have witnessed substantial growth. In this regard, numerous
players have adopted strategic initiatives to expand their footings in the
market. For instance, Retailo Technologies gained Series A funding which
comprised equity and debt capital. This funding further expanded the company’s
position in various verticals. Further, Sary secures Series B funding that will
help it to launch new products and services. Thus, such funding efforts are
anticipated to propel the B2B eCommerce market on a growth path.
Business-to-business eCommerce presents a great
opportunity for the F&B industry. Since the perishable nature of products
makes speed and efficiency important, several companies have entered the online
platform to gain a competitive edge. For instance, A1 Cuisines Pvt Ltd launched
its first B2B marketplace, BeverageCart, for delivery at hotels, restaurants,
and caterers. The market’s growth is
established based on segments such as product type and payment mode. The
product type section includes food and beverage, automotive, industrial &
science, consumer electronics, construction, beauty & personal care,
clothing, sports, and others.
Flexfire
LEDs, Global Sources, Kompass, MSC Industrial Direct, Quill Corporation,
ThomasNet, and Flipkart, are notable companies in the market.
Global Sources is a multichannel
business-to-business sourcing platform committed to facilitating global trade.
The company connects buyers and verified suppliers globally with accurate
market information and tailored sourcing solutions. The company offers
suppliers integrated marketing solutions to generate sales leads and build an
image across over 240 nations, including in the Middle East and Africa.
Key deliverables of the report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the B2B eCommerce market revenue growth in the Middle East and Africa and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces
● A wide-ranging study of factors that will challenge the Middle
East and Africa B2B eCommerce market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
1. MIDDLE
EAST AND AFRICA B2B ECOMMERCE MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE B2B ECOMMERCE MARKET
2.2. KEY
INSIGHTS
2.2.1. INCREASING
POPULARITY OF OMNICHANNEL SALES
2.2.2. GOVERNMENTS
SHIFTING TOWARDS ONLINE MARKETPLACES
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. PRODUCT
LAUNCHES & DEVELOPMENTS
2.6.2. PARTNERSHIPS
& AGREEMENTS
2.7. MARKET
DRIVERS
2.7.1. GROWTH
IN ONLINE ORDERS
2.7.2. TECHNOLOGICAL
ADVANCEMENTS AND DEVELOPMENTS
2.7.3. EASE
AND ADOPTION OF DIFFERENT PAYMENT MODES
2.8. MARKET
CHALLENGES
2.8.1. CONCERNS
REGARDING DATA PRIVACY AND SECURITY
2.8.2. NEED
FOR HIGH INVESTMENTS
2.9. MARKET
OPPORTUNITIES
2.9.1. ADOPTION
OF SOCIAL COMMERCE
2.9.2. ADOPTION
OF AUGMENTED AND VIRTUAL REALITY
3. MIDDLE
EAST AND AFRICA B2B ECOMMERCE MARKET OUTLOOK - BY PRODUCT TYPE
3.1. CONSUMER
ELECTRONICS
3.2. AUTOMOTIVE
3.3. BEAUTY
& PERSONAL CARE
3.4. INDUSTRIAL
& SCIENCE
3.5. CLOTHING
3.6. SPORTS
3.7. FOOD
AND BEVERAGE
3.8. CONSTRUCTION
3.9. OTHERS
4. MIDDLE
EAST AND AFRICA B2B ECOMMERCE MARKET OUTLOOK - BY PAYMENT MODE
4.1. DIGITAL/MOBILE/E-WALLETS
4.2. CREDIT
AND DEBIT CARDS
4.3. BANK
TRANSFER
4.4. CASH
ON DELIVERY
4.5. OTHERS
5. MIDDLE
EAST AND AFRICA B2B ECOMMERCE MARKET – COUNTRY OUTLOOK
5.1. UNITED
ARAB EMIRATES
5.2. SAUDI
ARABIA
5.3. TURKEY
5.4. SOUTH
AFRICA
5.5. REST
OF MIDDLE EAST & AFRICA
6. COMPETITIVE
LANDSCAPE
6.1. ALIBABA
GROUP HOLDING LTD
6.2. AMAZON
INC
6.3. CHINAASEANTRADE.COM
6.4. DIY
TRADE
6.5. EBAY
INC
6.6. EC21
6.7. EWORLDTRADE
6.8. FLEXFIRE
LEDS
6.9. FLIPKART
6.10. GLOBAL
SOURCES
6.11. INDIAMART
INTERMESH LTD.
6.12. KOMPASS
6.13. MSC
INDUSTRIAL DIRECT
6.14. QUILL CORPORATION
6.15. THOMASNET
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE
1: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE
2: VENDOR SCORECARD
TABLE
3: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)
TABLE
4: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY PAYMENT MODE, 2022-2028 (IN $ MILLION)
TABLE
5: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE
1: MARKET ATTRACTIVENESS INDEX
FIGURE
2: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY PRODUCT TYPE, 2021 & 2028 (IN %)
FIGURE
3: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY CONSUMER ELECTRONICS, 2022-2028 (IN $ MILLION)
FIGURE
4: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE
5: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY BEAUTY & PERSONAL CARE, 2022-2028 (IN $ MILLION)
FIGURE
6: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY INDUSTRIAL & SCIENCE, 2022-2028 (IN $ MILLION)
FIGURE
7: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY CLOTHING, 2022-2028 (IN $ MILLION)
FIGURE
8: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY SPORTS, 2022-2028 (IN $ MILLION)
FIGURE
9: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY FOOD AND BEVERAGE, 2022-2028 (IN $ MILLION)
FIGURE
10: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY CONSTRUCTION, 2022-2028 (IN $ MILLION)
FIGURE
11: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY OTHERS, 2022-2028 (IN $ MILLION)
FIGURE
12: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY PAYMENT MODE, 2021 & 2028 (IN %)
FIGURE
13: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY DIGITAL/MOBILE/E-WALLETS, 2022-2028 (IN $ MILLION)
FIGURE
14: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY CREDIT AND DEBIT CARDS, 2022-2028 (IN $ MILLION)
FIGURE
15: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY BANK TRANSFER, 2022-2028 (IN $ MILLION)
FIGURE
16: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY CASH ON DELIVERY, 2022-2028 (IN $ MILLION)
FIGURE
17: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY OTHERS, 2022-2028 (IN $ MILLION)
FIGURE
18: MIDDLE EAST AND AFRICA B2B ECOMMERCE
MARKET, BY COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE
19: UNITED ARAB EMIRATES B2B ECOMMERCE
MARKET 2022-2028 (IN $ MILLION)
FIGURE
20: SAUDI ARABIA B2B ECOMMERCE MARKET
2022-2028 (IN $ MILLION)
FIGURE
21: TURKEY B2B ECOMMERCE MARKET
2022-2028 (IN $ MILLION)
FIGURE
22: SOUTH AFRICA B2B ECOMMERCE MARKET 2022-2028
(IN $ MILLION)
FIGURE
23: REST OF MIDDLE EAST & AFRICA B2B
ECOMMERCE MARKET 2022-2028 (IN $ MILLION)