Overview of the Global B2C E-commerce Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “Global B2C E-commerce Market By Application (Consumer Electronics, Automotive, Books & Stationery, Clothing & Footwear, Beauty & Personal Care, Media & Entertainment, Home décor & electronics, Travel & Tourism, Sports & Leisure, Information & Technology, Others), By Type (B2C Retailers, Classifieds), The Global B2C E-commerce Market size is valued at around USD 5.8 Trillion in 2023 and is projected to grow at a CAGR of around 11.5% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Global B2C E-commerce Market Growth and Scope:
Base Year: 2023
Forecast Period: 2024-30
Historical Data: 2019-22
CAGR (2024-30): 11.5%
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Global B2C E-commerce Market Driver:
Expanding Internet Penetration and Smartphone Usage – More individuals are using smartphones & internet to obtain information, which allows businesses to reach a larger audience and draw in previously untapped potential clients. As a result, the market size and opportunities for B2C e-commerce companies have increased. Regardless of location or time constraints, consumers can purchase online around the clock due to smartphones and internet connections. Online shopping is made easier by this accessibility and convenience, which promotes increased usage and market expansion.
Moreover, social networking sites, which are primarily accessible via smartphones, are becoming more and more integrated with online retailers. This promotes B2C e-commerce growth by giving brands and influencers the ability to directly drive online purchases within social media apps, engage with consumers, and showcase products. Businesses can use smartphone and internet data to target particular interest groups and demographics with tailored marketing efforts. By focusing on specific target audiences, marketing campaigns become more effective and generate more conversions, which in turn helps the market expand.
A Comprehensive Analysis of Leading Companies of B2C E-commerce Market by MarkNtel Advisors:
- Alibaba Group Holding Limited, Inc
- Amazon
- ASOS
- eBay Inc
- Flipkart Internet Private Limited
- com, Inc
- MAKEMYTRIP PVT. LTD
- OLX
- Paypal Holdings Inc
- Craigslist Inc.
- Booking Holdings Inc.
- Walmart
- Others
Key B2C E-commerce Market Segmentation:
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/b2c-e-commerce-market.html
-By Type
- B2C Retailers
- Classifieds
The largest market category in the Global B2C E-commerce Market is made up of B2C retailers. This indicates that direct sales from companies to customers, as opposed to sales through online marketplaces or other channels, account for the bulk of online sales in the B2C e-commerce sector.
-By Application
- Consumer Electronics
- Automotive
- Books & Stationery
- Clothing & Footwear
- Beauty & Personal Care
- Media & Entertainment
- Home décor & electronics
- Travel & Tourism
- Sports & Leisure
- Information & Technology
- Others
One of the largest segments of the B2C e-commerce industry is clothing & footwear. It holds a sizable proportion of the market and routinely places among the top categories in terms of online sales.
-By Variety
- Golden Nugget
- Black Gold
- Honey Gold
- Lemon Gold
- Others
Geographical Analysis
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Asia-Pacific is unquestionably the leader in B2C e-commerce as the globe comes to appreciate the convenience of online shopping.
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
Note: If you need additional information not included in the report, we can customize it to suit your requirements.
About Us –
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 11.50+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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