According to the latest report from the IMARC group, entitled “B2C E-commerce Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the The global B2C e-commerce market reached a value of US$4.1 trillion in 2021. Looking ahead, IMARC Group expects the market to reach US$6.8 trillion by 2027, exhibiting a CAGR of 9.02% over the period 2022-2027. Business-to-consumer (B2C) e-commerce is the sale of goods and services between a business and its end users over the Internet. It provides global reach, enables traceable marketing, and reduces physical overhead. It helps to collect real-time data, increase business opportunities and personalize marketing techniques. At present, B2C e-commerce is gaining momentum all over the world.
As the novel coronavirus (COVID-19) crisis grips the world, we are continuously monitoring changes in markets, as well as consumer buying behaviors around the world – our estimates on the latest market trends and values planned after taking into account the impact of this pandemic.
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Global B2C E-commerce Market Trends:
Rising demand for high-end apparel and cosmetics through online portals owing to growing internet penetration and increasing smartphone sales represents one of the major factors favorably influencing the market. Apart from this, increasing adoption of B2C e-commerce in electronics, automotive, travel and tourism industries across the globe is bolstering the growth of the market. This can be credited with its benefits including 24/7 delivery, easy return policies, convenience, and multiple payment options. Additionally, the coronavirus disease (COVID-19) outbreak and subsequent lockdowns imposed by government agencies in several countries have led to a growing reliance 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
- Reservation Holdings Inc.
- eBay Inc.
- JD.com Inc.
- Macy’s Inc.
- Makemytrip Limited
- Otto GmbH & Co KG
- Rakuten Inc.
- Walmart Inc.
Breakdown by type:
- B2C retailers
Breakdown by application:
- Beauty and personal care
- Consumer electronics
- Clothes and shoes
- Books and stationery
- Interior decoration and electronics
- travel and tourism
Breakdown by region:
- North America (USA, 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, Others)
Main 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
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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