Global B2C e-commerce Market Growth (Status and Outlook) 2024-2030
According to our LPI (LP Information) latest study, the global B2C e-commerce market size was valued at US$ 4366.3 million in 2023. With growing demand in downstream market, the B2C e-commerce is forecast to a readjusted size of US$ 8210.1 million by 2030 with a CAGR of 9.4% during review period.
The research report highlights the growth potential of the global B2C e-commerce market. B2C e-commerce are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of B2C e-commerce. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the B2C e-commerce market.
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.
According to International Telecommunication Union (ITU), the global Internet users (online population) were more than 5 billion. And the number of online shoppers was also increasing. In 2022, the global e-commerce market penetration rate increased to 19.7%, and the e-commerce market reached $5.5 trillion. At the same time, the Asian e-commerce market ranked at the top of the revenue ranking, which has reached $1.8 trillion. According to the National Bureau of Statistics, China was the largest online retail market in 2022, with online retail sales of 13.79 trillion yuan and a year-on-year increase of 4%. Among them, the online retail sales of physical goods were 11.96 trillion yuan, with a year-on-year increase of 6.2%, which accounted for 27.2% of the total retail sales of consumer goods.
Key Features:
The report on B2C e-commerce market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the B2C e-commerce market. It may include historical data, market segmentation by Type (e.g., B2C Retailers, Classifieds), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the B2C e-commerce market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the B2C e-commerce market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the B2C e-commerce industry. This include advancements in B2C e-commerce technology, B2C e-commerce new entrants, B2C e-commerce new investment, and other innovations that are shaping the future of B2C e-commerce.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the B2C e-commerce market. It includes factors influencing customer ' purchasing decisions, preferences for B2C e-commerce product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the B2C e-commerce market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting B2C e-commerce market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the B2C e-commerce market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the B2C e-commerce industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the B2C e-commerce market.
Market Segmentation:
B2C e-commerce market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
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.