Panama: e-commerce market revenue 2021-2029

The revenue is forecast to experience significant growth in all segments in 2029. Especially notable is the remarkably robust growth observed in the Food segment as we approach the end of the forecast period. This value, reaching 44.5 million U.S. dollars, stands out significantly compared to the average changes, which are estimated at 16.025 million U.S. dollars.

Find other insights concerning similar markets and segments, such as a comparison of user penetration in the United Kingdom and a comparison of average revenue per user (ARPU) in Canada.

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Revenue of the e-commerce market in Panama from 2021 to 2029, by segment (in million U.S. dollars)

Characteristic	Food	Fashion	Consumer Electronics	Furniture	Beauty & Personal Care	Toys & Hobby	Beverages	Media
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The eCommerce Beauty & Personal Care market refers to the online retailing of beauty and personal care products. It includes various products such as skincare, haircare, makeup, fragrances, and personal hygiene items. This market allows consumers to conveniently purchase these products from the comfort of their homes, offering a wide range of options and competitive prices.

Structure:

The market consists out of several parts, namely: Beauty Tech, Cosmetics, Fragrances, Personal Care, Skin Care. For more information on the definitions, please visit the respective market page.

Additional information:

eCommerce Beauty & Personal Care comprises revenues, users, average revenue per user, and penetration rates. Revenues are derived from annual filings, national statistical offices, Google- and Alibaba-Trends and industry knowledge. Sales Channels show online and offline revenue shares, as well as, desktop and mobile sales distribution. Revenues are including VAT. The market only displays B2C revenues and users for the above-mentioned markets, hence C2C, B2B and reCommerce is not included.

Key players in the market are companies, such as L'Oréal, Estée Lauder, and Procter & Gamble.

Market numbers for the total market sizes (online + offline) can also be found on the respective pages of the Consumer Market Insights.

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