Global B2C e-commerce Market Growth (Status and Outlook) 2023-2029
The global market of E-commerce is largely driven by increasing usage of smart phones and desktop coupled with growing penetration of internet subscriptions across the globe. The ongoing improvement of ICT infrastructure in regions like Africa and South America provide numerous opportunities for the B2C E-commerce market to grow over the forecasted period. Other factors propelling the B2C E-Commerce market include increasing population base coupled with rising disposable incomes and rising living standard.
LPI (LP Information)' newest research report, the “B2C e-commerce Industry Forecast” looks at past sales and reviews total world B2C e-commerce sales in 2022, providing a comprehensive analysis by region and market sector of projected B2C e-commerce sales for 2023 through 2029. With B2C e-commerce sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world B2C e-commerce industry.
This Insight Report provides a comprehensive analysis of the global B2C e-commerce landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on B2C e-commerce portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global B2C e-commerce market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for B2C e-commerce and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global B2C e-commerce.
The global B2C e-commerce market size is projected to grow from US$ 4366.3 million in 2022 to US$ 8210.1 million in 2029; it is expected to grow at a CAGR of 9.4% from 2023 to 2029.
In terms of revenue, the Asia Pacific region dominated the industry in 2017 and is expected to remain dominant over the forecast period. This region accounts for high percentage of global population and Chinese & Indian economies are one fastest growing economies of the world. Increasing disposable income and growing internet penetration is driving e-commerce market in this region.
Chinese market is going through a consumer revolution, international products taking benefit of innovative marketing, research techniques and advertising. Brand consciousness is getting more importance in attracting Chinese consumers. Luxury goods and service providers are experiencing great growth in China.
This report presents a comprehensive overview, market shares, and growth opportunities of B2C e-commerce market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
B2C Retailers
Classifieds
Segmentation by application
Automotive
Beauty & Personal Care
Books & Stationery, Consumer Electronics
Clothing & Footwear
Home Décor
Industrial & Science
Sports & Leisure
Travel & Tourism
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Amazon
Walmart
Rakuten, Inc
Aliexpress.com
Alibaba.com
Ebay
JD.com
Flipkart
Lazada
OLX Inc.
Please note: The report will take approximately 2 business days to prepare and deliver.