Global B2C E-commerce Market Overview:
According to the latest report by IMARC Group, titled “B2C E-commerce Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global B2C e-commerce market reached a value of US$ 4.1 Trillion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.8 Trillion by 2027, exhibiting a CAGR of 9.02% during 2022-2027.
Business-to-consumer (B2C) e-commerce involves selling goods and services between a business and its end users over the internet. It provides global reach, enables trackable marketing, and reduces physical overheads. It assists in gathering real-time data, increasing business opportunities, and personalizing marketing techniques. At present, B2C e-commerce is gaining traction around the world.
|Base Year of the Analysis||2021|
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Global B2C E-commerce Market Trends:
The escalating demand for premium clothes and cosmetics via online portals on account of increasing internet penetration and boosting sales of smartphones represents one of the primary factors favorably influencing the market. Apart from this, the rising adoption of B2C e-commerce in the electronics, automotive, and travel and tourism industries worldwide is strengthening the market growth. This can be accredited to its benefits, including 24/7 delivery, easy return policies, convenience, and multiple payment options. Furthermore, the coronavirus disease (COVID-19) outbreak and subsequently imposed lockdowns by governing agencies of several countries have resulted in the increasing dependence on B2C e-commerce solutions.
Global B2C E-commerce Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- Alibaba Group Holding Limited
- Amazon.com Inc.
- ASOS plc
- Booking Holdings Inc.
- eBay Inc.
- JD.com Inc.
- Macy’s Inc.
- MakeMyTrip Limited
- Otto GmbH & Co KG
- Rakuten Inc.
- Walmart Inc.
Our report has categorized the market based on type and application.
Market Breakup by Type:
- B2C Retailers
Based on the type, the market has been bifurcated into B2C retailers and classifieds.
Market Breakup by Application:
- Beauty and Personal Care
- Consumer Electronics
- Clothing and Footwear
- Books and Stationery
- Home Decor and Electronics
- Travel and Tourism
On the basis of the application, the market has been divided into automotive, beauty and personal care, consumer electronics, clothing and footwear, books and stationery, home decor and electronics, travel and tourism, and others.
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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