Thursday, December 1 2022

Expert Market Research’s new report titled “Global B2C E-commerce Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027”, gives an in-depth analysis of the global B2C E-commerce Market, assessing the market based on its segments such as Types, Applications and Major Regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2017-2027)

• Historical market size (2021): 3,700 billion USD
• Forecast CAGR (2022-2027): 9.8%
• Projected market size (2027): 6.4 trillion USD

The growth of the B2C e-commerce market can be attributed to increasing internet penetration, increasing disposable incomes, and increasing smartphone ownership. With increasing brand awareness and emphasis on product quality, price and composition, consumers increasingly prefer to purchase products from B2C e-commerce platforms. Consumers in developing countries are also using B2C e-commerce platforms for hassle-free shopping, especially in the wake of the COVID-19 pandemic. Additionally, rising sales of apparel and consumer electronics in countries like India and China are increasing the reliance on B2C e-commerce platforms, which is providing impetus for the growth of the market.

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Industry definition and major segments

B2C e-commerce, known as retail e-commerce, is a digital sales model that involves direct sales between online sellers and consumers. It improves the global reach of small businesses and reduces overhead. Additionally, B2C e-commerce facilitates business operations while enhancing the overall consumer experience.

Market, by Type, can be split into:

• B2C retailers
• Offers

Based on Application, the market is categorized into:

• Automotive
• Beauty and personal care
• Books and stationery
• Consumer electronics
• Clothes and shoes
• Interior decoration and electronics
• Sports and leisures
• Travel and tourism
• Media and entertainment
• Information technology (software)
• Others

The regional B2C e-commerce markets are:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market trends

With the rapid digital revolution, consumers are prioritizing sales channels that provide direct interaction between consumers and sellers, thus propelling the B2C e-commerce market. Ease of use, convenience, diverse product availability and cost-effective alternatives offered by online platforms are also increasing their popularity and driving the market growth. Rapid technological advancements and growing accessibility of smartphones are expected to provide lucrative growth opportunities for the market growth. Further, the market is expected to be supported by the growing use of social media platforms for B2C shopping, growing ease of doing business, and growth in logistics infrastructure.

Main market players

Major players in the market are Alibaba Group Holding Limited, Inc., eBay Inc., Flipkart Group, and Myntra, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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About Us

Expert Market Research (EMR) is a leading market research company with clients worldwide. Through comprehensive data collection and skillful data analysis and interpretation, the company provides its clients with comprehensive, up-to-date and actionable market insights that enable them to make informed and intelligent decisions and strengthen their position in the market. market. The customer base ranges from Fortune 1000 companies to small and medium-sized businesses.

EMR customizes syndicated reports based on client requirements and expectations. The company is active in more than 15 leading industry fields, including food and beverage, chemicals and materials, technology and media, consumer goods, packaging, agriculture and chemical products. pharmaceuticals, among others.

Over 3,000 EMR consultants and over 100 analysts work very hard to ensure that clients get only the most up-to-date, relevant, accurate and actionable information in the industry so they can formulate informed business strategies , efficient and intelligent and secure their market leadership.

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