Research and Markets: MENA B2C E-Commerce Report 2014

Australia Today

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/j872dq/mena_b2c) has announced the addition of the "MENA B2C E-Commerce Report 2014" report to their offering.

The MENA B2C E-Commerce Report 2014 indicates that Middle East and Northern Africa are among the most dynamic regions in global E-Commerce, with still more growth expected in coming years.

According to the findings of this report, B2C E-Commerce presently accounts for less than 1% of total retail sales in the region, as there are obstacles to overcome to prepare the way for the boom. These obstacles include the low adoption of the online retail channel by local businesses, the predominance of cash on delivery payments, and low consumer acceptance of online shopping, compared to international benchmarks.

Several fast growing local merchants have emerged in response to the developing interest in B2C E-Commerce in the Middle East. Among them are mass merchants JadoPado and Alshop, and online electronics store EmiratesAvenue. Three other regional merchants, online mass merchant Souq.com, online fashion store Namshi and flash sales site MarkaVIP together garnered over USD 70 million of investment in 2012.

Nevertheless, International sites Amazon and eBay are among the most popular shopping destinations of online consumers in the Middle East, though behind regional player Souq.com in terms of annual spending per shopper. Due to relatively low adoption of the online channel by local merchants, cross-border Internet shopping is common. There are even special services that assist consumers in buying from International websites and getting their orders delivered.

Key Topics Covered:

1.Management Summary

2. MENA (Regional)

3. UAE (Top Country)

4. Algeria

5. Bahrain

6. Egypt

7. Iran

8. Iraq

9. Israel

10. Jordan

11. Kuwait