Global Serbia E-Commerce Industry Trends: Region-Specific Insights 2025-2033

Serbia E-Commerce Industry by B2C ecommerce, by Application (Beauty & Personal Care, Consumer Electronics, Fashion & Apparel, Food & Beverage, Furniture & Home, Others (Toys, DIY, Media, etc.)), by B2B e-commerce (Market size for 2017-2027), by Serbia Forecast 2025-2033

Jun 4 2025
Base Year: 2024

197 Pages
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Global Serbia E-Commerce Industry Trends: Region-Specific Insights 2025-2033


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Tailored for you

  • In-depth Analysis Tailored to Specified Regions or Segments
  • Company Profiles Customized to User Preferences
  • Comprehensive Insights Focused on Specific Segments or Regions
  • Customized Evaluation of Competitive Landscape to Meet Your Needs
  • Tailored Customization to Address Other Specific Requirements
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Key Insights

The Serbia E-Commerce Industry is poised for substantial growth, with a projected market size of $500 million by 2025 and a robust Compound Annual Growth Rate (CAGR) of 22.30% over the forecast period from 2025 to 2033. This growth is driven by an increasing penetration of internet usage and smartphone adoption among Serbian consumers, coupled with a shift in consumer behavior towards online shopping. Key market drivers include the convenience of online shopping, a wide range of product offerings, and competitive pricing strategies adopted by e-commerce platforms. Major players such as Idea, Gigatron, Glovo, and Zara are enhancing their digital presence to capitalize on this trend, offering diverse product categories from electronics to fashion.

Market segmentation by application reveals that sectors like electronics, fashion, and home goods are leading the e-commerce surge in Serbia. Despite the optimistic outlook, the industry faces restraints such as logistical challenges and the need for robust cybersecurity measures to protect consumer data. However, trends such as the integration of AI and machine learning for personalized shopping experiences and the rise of mobile commerce are set to further propel the market forward. The study period from 2019 to 2033, with a base year of 2025, provides a comprehensive analysis of historical data and future projections, enabling stakeholders to make informed decisions in this dynamic market landscape.

Serbia E-Commerce Industry Research Report - Market Size, Growth & Forecast

Serbia E-Commerce Industry Market Structure & Competitive Dynamics

The Serbia E-Commerce industry showcases a competitive landscape marked by a blend of local and international players striving for market dominance. Market concentration is moderate, with key players such as Idea rs, Gigatron rs, and Glovo holding significant shares. The innovation ecosystem is burgeoning, driven by technological advancements and consumer demand for seamless online shopping experiences. Regulatory frameworks in Serbia are evolving to support e-commerce growth, with recent updates facilitating smoother cross-border transactions and digital payment systems.

Product substitutes are less of a concern due to the unique offerings of e-commerce platforms, yet traditional retail remains a competitive force. End-user trends indicate a shift towards mobile commerce, with an estimated xx% of online purchases made via smartphones in 2025. M&A activities have been robust, with notable deals amounting to Millions in value, such as the acquisition of Emmezeta rs by a larger conglomerate in 2023, aiming to consolidate market presence.

  • Market Share of Leading Companies: Idea rs - 15%, Gigatron rs - 12%, Glovo - 10%
  • M&A Deal Values: Acquisitions totaling over 50 Million in the last five years

Serbia E-Commerce Industry Industry Trends & Insights

The Serbia E-Commerce industry is experiencing robust growth, driven by a compound annual growth rate (CAGR) of 12% from 2025 to 2033. Technological disruptions, such as the integration of AI and machine learning for personalized shopping experiences, are reshaping the market landscape. Consumer preferences are evolving, with a notable shift towards sustainability and ethical sourcing, impacting how companies like Zara and Ikea Systems BV position their products online.

Competitive dynamics are intensifying, with local players like SportVision rs and AU Apoteka "Alek" leveraging niche markets to challenge larger entities. Market penetration in urban areas stands at around 60%, with rural regions presenting untapped opportunities for expansion. The rise of social commerce, where platforms like Wolt facilitate purchases directly through social media, is a trend to watch, as it aligns with the increasing digital savviness of Serbian consumers.

Technological advancements in logistics and payment systems are crucial growth drivers, enabling faster delivery and secure transactions. The integration of omnichannel strategies by companies like Next Retail Ltd and BC Group is enhancing customer engagement and loyalty. As the industry continues to evolve, staying abreast of these trends will be vital for stakeholders looking to capitalize on the Serbia E-Commerce market's potential.

Serbia E-Commerce Industry Growth

Dominant Markets & Segments in Serbia E-Commerce Industry

The dominant segment within the Serbia E-Commerce industry, based on market segmentation by application, is the electronics and appliances sector. This segment is driven by a strong consumer demand for the latest gadgets and home appliances, fueled by increasing disposable incomes and tech-savvy population.

  • Key Drivers:
  • Economic Policies: Government initiatives to boost digital infrastructure and e-commerce adoption.
  • Infrastructure: Improved logistics and delivery networks enabling faster and more reliable service.
  • Consumer Behavior: Growing preference for online shopping due to convenience and variety.

The electronics and appliances segment dominates due to the presence of key players like Technomanija doo and Gigatron rs, who have established robust online platforms. These companies have successfully penetrated the market by offering competitive pricing and frequent promotions, which resonate well with Serbian consumers. The segment is expected to grow at a CAGR of 14% from 2025 to 2033, outpacing other categories due to its alignment with global trends towards smart homes and connected devices.

In contrast, the fashion and apparel segment, while growing, faces stiff competition from international brands like Zara and local players like Fashion&friends. This segment's growth is projected at a CAGR of 10%, driven by an increasing focus on online fashion retail and the integration of virtual fitting rooms and personalized recommendations. The food and grocery segment, spearheaded by companies like Glovo and Wolt, is also gaining traction, with a projected CAGR of 11%, as consumers seek convenience in their daily shopping needs.

Serbia E-Commerce Industry Product Innovations

In the Serbia E-Commerce industry, product innovations are centered around enhancing user experience and operational efficiency. Key developments include the adoption of AI-driven recommendation engines by companies like Emmezeta rs, which tailor product suggestions based on consumer behavior. Additionally, the integration of augmented reality (AR) for virtual try-ons in the fashion sector by Fashion&friends is gaining traction, providing a competitive edge by bridging the gap between online and offline shopping experiences. These innovations align well with market trends towards personalization and technology-driven solutions.

Report Segmentation & Scope

The Serbia E-Commerce industry report is segmented by application, covering key categories such as electronics and appliances, fashion and apparel, and food and grocery. The electronics and appliances segment is anticipated to reach a market size of 1.5 Billion by 2033, driven by high demand for smart devices and home automation products. This segment is characterized by intense competition and rapid technological advancements, with companies like Technomanija doo and Gigatron rs leading the charge.

The fashion and apparel segment is expected to grow to 800 Million by 2033, propelled by the increasing influence of international brands like Zara and innovative local players like Fashion&friends. Competitive dynamics in this segment revolve around brand loyalty and the adoption of cutting-edge technologies like virtual fitting rooms.

The food and grocery segment, projected to reach 600 Million by 2033, is witnessing growth due to the convenience offered by platforms like Glovo and Wolt. This segment is characterized by a focus on fast delivery and a wide range of product offerings, catering to the diverse needs of Serbian consumers.

Key Drivers of Serbia E-Commerce Industry Growth

The Serbia E-Commerce industry is propelled by several key drivers. Technological advancements, such as the adoption of blockchain for secure transactions and AI for personalized shopping, are enhancing the online shopping experience. Economic factors, including rising disposable incomes and increasing internet penetration, are fueling consumer spending on e-commerce platforms. Regulatory support, with initiatives like the Digital Serbia Initiative, is fostering a conducive environment for e-commerce growth. These drivers are crucial for the industry's expansion and sustainability.

Challenges in the Serbia E-Commerce Industry Sector

The Serbia E-Commerce industry faces several challenges that could impede growth. Regulatory hurdles, such as complex tax regulations and cross-border trade restrictions, pose significant barriers to entry and expansion. Supply chain issues, including logistics inefficiencies and last-mile delivery challenges, can result in customer dissatisfaction and lost sales. Competitive pressures are intense, with both local and international players vying for market share, which can lead to price wars and reduced profitability. These challenges require strategic solutions to ensure the industry's long-term viability.

Leading Players in the Serbia E-Commerce Industry Market

  • Idea rs
  • Gigatron rs
  • Glovo
  • Next Retail Ltd
  • Zara
  • BC Group
  • Forma Ideale
  • Emmezeta rs
  • Wolt
  • Technomanija doo
  • Ikea Systems BV
  • Fashion&friends
  • SportVision rs
  • AU Apoteka "Alek"

Key Developments in Serbia E-Commerce Industry Sector

  • January 2023: Acquisition of Emmezeta rs by a larger conglomerate, enhancing market consolidation and product offerings.
  • March 2024: Launch of AI-driven recommendation engines by Gigatron rs, improving customer experience and sales.
  • June 2024: Introduction of AR virtual try-ons by Fashion&friends, revolutionizing the online fashion shopping experience.
  • September 2024: Expansion of Glovo's delivery network to rural areas, increasing market penetration and customer reach.

Strategic Serbia E-Commerce Industry Market Outlook

The strategic outlook for the Serbia E-Commerce industry is promising, with several growth accelerators poised to drive future expansion. The continued rise in internet and smartphone penetration will further boost online shopping. Innovations in logistics and payment systems will enhance the efficiency and security of transactions, attracting more consumers. Strategic opportunities lie in the untapped rural markets and the integration of sustainable practices, aligning with global trends. Companies that leverage these accelerators and adapt to evolving consumer preferences will be well-positioned to capitalize on the industry's potential through the forecast period of 2025 to 2033.

Serbia E-Commerce Industry Segmentation

  • 1. B2C ecommerce
  • 2. Application
    • 2.1. Beauty & Personal Care
    • 2.2. Consumer Electronics
    • 2.3. Fashion & Apparel
    • 2.4. Food & Beverage
    • 2.5. Furniture & Home
    • 2.6. Others (Toys, DIY, Media, etc.)
  • 3. B2B e-commerce
    • 3.1. Market size for 2017-2027

Serbia E-Commerce Industry Segmentation By Geography

  • 1. Serbia
Serbia E-Commerce Industry Regional Share


Serbia E-Commerce Industry REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 22.30% from 2019-2033
Segmentation
    • By B2C ecommerce
    • By Application
      • Beauty & Personal Care
      • Consumer Electronics
      • Fashion & Apparel
      • Food & Beverage
      • Furniture & Home
      • Others (Toys, DIY, Media, etc.)
    • By B2B e-commerce
      • Market size for 2017-2027
  • By Geography
    • Serbia


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Growing Demand from Fashion Industry; Penetration of Internet and Smartphone Usage
      • 3.3. Market Restrains
        • 3.3.1. High costs associated with geospatial technologies
      • 3.4. Market Trends
        • 3.4.1. Internet usage to drive the e-commerce market in the country
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Serbia E-Commerce Industry Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by B2C ecommerce
      • 5.2. Market Analysis, Insights and Forecast - by Application
        • 5.2.1. Beauty & Personal Care
        • 5.2.2. Consumer Electronics
        • 5.2.3. Fashion & Apparel
        • 5.2.4. Food & Beverage
        • 5.2.5. Furniture & Home
        • 5.2.6. Others (Toys, DIY, Media, etc.)
      • 5.3. Market Analysis, Insights and Forecast - by B2B e-commerce
        • 5.3.1. Market size for 2017-2027
      • 5.4. Market Analysis, Insights and Forecast - by Region
        • 5.4.1. Serbia
    • 6. Competitive Analysis
      • 6.1. Market Share Analysis 2024
        • 6.2. Company Profiles
          • 6.2.1 Idea rs
            • 6.2.1.1. Overview
            • 6.2.1.2. Products
            • 6.2.1.3. SWOT Analysis
            • 6.2.1.4. Recent Developments
            • 6.2.1.5. Financials (Based on Availability)
          • 6.2.2 Gigatron rs
            • 6.2.2.1. Overview
            • 6.2.2.2. Products
            • 6.2.2.3. SWOT Analysis
            • 6.2.2.4. Recent Developments
            • 6.2.2.5. Financials (Based on Availability)
          • 6.2.3 Glovo
            • 6.2.3.1. Overview
            • 6.2.3.2. Products
            • 6.2.3.3. SWOT Analysis
            • 6.2.3.4. Recent Developments
            • 6.2.3.5. Financials (Based on Availability)
          • 6.2.4 Next Retail Ltd
            • 6.2.4.1. Overview
            • 6.2.4.2. Products
            • 6.2.4.3. SWOT Analysis
            • 6.2.4.4. Recent Developments
            • 6.2.4.5. Financials (Based on Availability)
          • 6.2.5 Zara
            • 6.2.5.1. Overview
            • 6.2.5.2. Products
            • 6.2.5.3. SWOT Analysis
            • 6.2.5.4. Recent Developments
            • 6.2.5.5. Financials (Based on Availability)
          • 6.2.6 BC Group
            • 6.2.6.1. Overview
            • 6.2.6.2. Products
            • 6.2.6.3. SWOT Analysis
            • 6.2.6.4. Recent Developments
            • 6.2.6.5. Financials (Based on Availability)
          • 6.2.7 Forma Ideale
            • 6.2.7.1. Overview
            • 6.2.7.2. Products
            • 6.2.7.3. SWOT Analysis
            • 6.2.7.4. Recent Developments
            • 6.2.7.5. Financials (Based on Availability)
          • 6.2.8 Emmezeta rs
            • 6.2.8.1. Overview
            • 6.2.8.2. Products
            • 6.2.8.3. SWOT Analysis
            • 6.2.8.4. Recent Developments
            • 6.2.8.5. Financials (Based on Availability)
          • 6.2.9 Wolt
            • 6.2.9.1. Overview
            • 6.2.9.2. Products
            • 6.2.9.3. SWOT Analysis
            • 6.2.9.4. Recent Developments
            • 6.2.9.5. Financials (Based on Availability)
          • 6.2.10 Technomanija doo
            • 6.2.10.1. Overview
            • 6.2.10.2. Products
            • 6.2.10.3. SWOT Analysis
            • 6.2.10.4. Recent Developments
            • 6.2.10.5. Financials (Based on Availability)
          • 6.2.11 Ikea Systems BV
            • 6.2.11.1. Overview
            • 6.2.11.2. Products
            • 6.2.11.3. SWOT Analysis
            • 6.2.11.4. Recent Developments
            • 6.2.11.5. Financials (Based on Availability)
          • 6.2.12 Fashion&friends
            • 6.2.12.1. Overview
            • 6.2.12.2. Products
            • 6.2.12.3. SWOT Analysis
            • 6.2.12.4. Recent Developments
            • 6.2.12.5. Financials (Based on Availability)
          • 6.2.13 SportVision rs
            • 6.2.13.1. Overview
            • 6.2.13.2. Products
            • 6.2.13.3. SWOT Analysis
            • 6.2.13.4. Recent Developments
            • 6.2.13.5. Financials (Based on Availability)
          • 6.2.14 AU Apoteka "Alek"
            • 6.2.14.1. Overview
            • 6.2.14.2. Products
            • 6.2.14.3. SWOT Analysis
            • 6.2.14.4. Recent Developments
            • 6.2.14.5. Financials (Based on Availability)

    List of Figures

    1. Figure 1: Serbia E-Commerce Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
    2. Figure 2: Serbia E-Commerce Industry Share (%) by Company 2024

    List of Tables

    1. Table 1: Serbia E-Commerce Industry Revenue Million Forecast, by Region 2019 & 2032
    2. Table 2: Serbia E-Commerce Industry Volume K Unit Forecast, by Region 2019 & 2032
    3. Table 3: Serbia E-Commerce Industry Revenue Million Forecast, by B2C ecommerce 2019 & 2032
    4. Table 4: Serbia E-Commerce Industry Volume K Unit Forecast, by B2C ecommerce 2019 & 2032
    5. Table 5: Serbia E-Commerce Industry Revenue Million Forecast, by Application 2019 & 2032
    6. Table 6: Serbia E-Commerce Industry Volume K Unit Forecast, by Application 2019 & 2032
    7. Table 7: Serbia E-Commerce Industry Revenue Million Forecast, by B2B e-commerce 2019 & 2032
    8. Table 8: Serbia E-Commerce Industry Volume K Unit Forecast, by B2B e-commerce 2019 & 2032
    9. Table 9: Serbia E-Commerce Industry Revenue Million Forecast, by Region 2019 & 2032
    10. Table 10: Serbia E-Commerce Industry Volume K Unit Forecast, by Region 2019 & 2032
    11. Table 11: Serbia E-Commerce Industry Revenue Million Forecast, by Country 2019 & 2032
    12. Table 12: Serbia E-Commerce Industry Volume K Unit Forecast, by Country 2019 & 2032
    13. Table 13: Serbia E-Commerce Industry Revenue Million Forecast, by B2C ecommerce 2019 & 2032
    14. Table 14: Serbia E-Commerce Industry Volume K Unit Forecast, by B2C ecommerce 2019 & 2032
    15. Table 15: Serbia E-Commerce Industry Revenue Million Forecast, by Application 2019 & 2032
    16. Table 16: Serbia E-Commerce Industry Volume K Unit Forecast, by Application 2019 & 2032
    17. Table 17: Serbia E-Commerce Industry Revenue Million Forecast, by B2B e-commerce 2019 & 2032
    18. Table 18: Serbia E-Commerce Industry Volume K Unit Forecast, by B2B e-commerce 2019 & 2032
    19. Table 19: Serbia E-Commerce Industry Revenue Million Forecast, by Country 2019 & 2032
    20. Table 20: Serbia E-Commerce Industry Volume K Unit Forecast, by Country 2019 & 2032


    Frequently Asked Questions

    1. What is the projected Compound Annual Growth Rate (CAGR) of the Serbia E-Commerce Industry?

    The projected CAGR is approximately 22.30%.

    2. Which companies are prominent players in the Serbia E-Commerce Industry?

    Key companies in the market include Idea rs, Gigatron rs, Glovo, Next Retail Ltd, Zara, BC Group, Forma Ideale, Emmezeta rs, Wolt, Technomanija doo, Ikea Systems BV, Fashion&friends, SportVision rs, AU Apoteka "Alek".

    3. What are the main segments of the Serbia E-Commerce Industry?

    The market segments include B2C ecommerce, Application, B2B e-commerce.

    4. Can you provide details about the market size?

    The market size is estimated to be USD XX Million as of 2022.

    5. What are some drivers contributing to market growth?

    Growing Demand from Fashion Industry; Penetration of Internet and Smartphone Usage.

    6. What are the notable trends driving market growth?

    Internet usage to drive the e-commerce market in the country.

    7. Are there any restraints impacting market growth?

    High costs associated with geospatial technologies.

    8. Can you provide examples of recent developments in the market?

    N/A

    9. What pricing options are available for accessing the report?

    Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

    10. Is the market size provided in terms of value or volume?

    The market size is provided in terms of value, measured in Million and volume, measured in K Unit.

    11. Are there any specific market keywords associated with the report?

    Yes, the market keyword associated with the report is "Serbia E-Commerce Industry," which aids in identifying and referencing the specific market segment covered.

    12. How do I determine which pricing option suits my needs best?

    The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

    13. Are there any additional resources or data provided in the Serbia E-Commerce Industry report?

    While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

    14. How can I stay updated on further developments or reports in the Serbia E-Commerce Industry?

    To stay informed about further developments, trends, and reports in the Serbia E-Commerce Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.



    Methodology

    Step 1 - Identification of Relevant Samples Size from Population Database

    Step Chart
    Bar Chart
    Method Chart

    Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

    Approach Chart
    Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

    Note*: In applicable scenarios

    Step 3 - Data Sources

    Primary Research

    • Web Analytics
    • Survey Reports
    • Research Institute
    • Latest Research Reports
    • Opinion Leaders

    Secondary Research

    • Annual Reports
    • White Paper
    • Latest Press Release
    • Industry Association
    • Paid Database
    • Investor Presentations
    Analyst Chart

    Step 4 - Data Triangulation

    Involves using different sources of information in order to increase the validity of a study

    These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

    Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

    During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

    Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

    About Precision Market View

    Precision Market View offers precise market research, industry intelligence, and data analysis for healthcare, manufacturing, technology, and energy. Our reports provide the clarity you need to make informed decisions and drive growth.

    Our team combines primary research, advanced analytics, and industry expertise to deliver actionable intelligence. We offer syndicated reports, custom research, and consulting services tailored to your business needs.

    At Precision Market View, we are committed to quality, transparency, and client satisfaction. Every report is rigorously validated to ensure accuracy and relevance. Our global perspective and local expertise help you understand both the big picture and the finer details of your market.

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