IMRG Capgemini: Online Shopping On The Rise In The Middle East

Mohamed Marwen Meddah | September 2, 2009 | comment View Comments

imrgAccording to the IMRG Capgemini e-Retail Sales Index, online sales showed a significant increase this year across the Middle East.

Shoppers spent US$8.2 billion online in July 2009, 15.7% more than was spent in June 2009 and 16.8% more than July 2008.

The driving force for the increase appeared to be the clothing, footwear and accessories sector, which showed growth of 18% month on month and 17% year on year.

Retailers across Middle East are predicted to sell US$90 billion in goods and services online in 2010, up 37% from last year.

E-commerce is still a key growth market for the Middle East and has seems to have shifted more into focus for a number of retailers in the midst of the Global recession.

[Source: BI-ME]

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