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Learn moreFeb 2019
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As more Dominican consumers continue to embrace technology and smartphones, their love of devices has had a favourable impact on the growth of internet retailing in the country. In terms of merchandise goods, most purchases are made via websites abroad, especially those based in the US which offer a wider variety of products.
In 2018, local players remained on the side lines of domestic e-commerce in the country. Despite the opportunities that exist for internet retailing and the untapped growth potential on the domestic front, few local companies have chosen to participate actively in this channel.
More local players are expected to enter the internet retailing channel during the forecast period. However, this is likely to be a somewhat gradual process as domestic players remain hesitant to enter the fray.
Given that most online purchases involve cross-border sales from international websites and retailers, it is difficult to clearly define major players within the retail landscape. Access to technology, smartphones and other mobile devices has driven consumer demand for online sales in the Dominican market.
With the large number of authorised couriers operating in the country, some degree of consolidation is expected over the forecast period. This could occur at the regional level to centralise operations within strategic points throughout the country and/or via mergers or acquisitions, as larger retailers purchase some of the companies providing cross-border delivery services in the internet retailing channel.
Given the strong growth witnessed in this channel in recent years, internet retailing is beginning to show signs of maturing. Growth rates are expected to be lower as a result over the forecast period, slowing somewhat compared to the review period.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Internet Retailing industry in Dominican Republic with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Internet Retailing industry in Dominican Republic, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport, our Retailing market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.