Stay up to date with B2C e-commerce market research offered by HTF MI. Check how key trends and emerging drivers are shaping the growth of this industry.
—Criag Francis
PUNE, MAHARASHTRA, INDIA, September 25, 2023 /EINPresswire.com/ — HTF MI launched a final commercial study with the Global B2C E-Commerce Market Research Forecast to 2029. This B2C e-commerce market report brings data for the estimated year 2023 and forecasted to 2029 in terms of market value (trillion USD) and volume (MT). The study is conducted by applying both top-down and bottom-up approaches and other iterative methods used to validate and size the market estimation and B2C e-commerce market trends. Additionally, to complement the information, EXIM data, consumption, supply and demand figures, gross price analysis, market revenue and gross margins. Some of the companies listed in the research study are ALIBABA GROUP HOLDING LIMITED (China), Amazon.com, Inc. (United States), eBay. Inc. (US), ASOS (UK), Flipkart Internet Private Limited (India), macys.com (US), Walmart Stores, Inc. (US), Apple Inc. (US) ), priceline.com SARL. (United States), Rakuten, Inc. (Japan), Otto Group (Germany) etc.
Market Overview
The B2C (Business-to-Consumer) e-commerce market is a segment of e-commerce that involves the sale of products or services directly from businesses to individual consumers. It has seen considerable growth and transformation over the years, driven by factors such as technological advancements, changing consumer preferences and the proliferation of online shopping platforms.
The global B2C e-commerce market was valued at $3.65 trillion in 2023 and is expected to reach $7.9 trillion by 2028, growing at a CAGR of 7.9% during 2023-2028.
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Market Scope/Segment Breakdown
The global B2C e-commerce market has been analyzed on various dimensions including market size and share analysis in dollar terms as well as volume* and price. The segments included in the market study are mentioned below and have been examined both qualitatively and quantitatively.
Based on type, the market is divided into B2C retailers, categorized and on the basis of applications, the market is divided into automobiles, beauty & personal care, books & stationery, consumer electronics, clothing & footwear, sports & leisure, travel. and tourism, media and entertainment, information technology (software), others. The consumer goods segment) accounted for the highest market share in 2022 and is therefore expected to be the next fastest growing segment throughout the forecast period.
The report covers information regarding competitive outlook including market share and company profiles of key players operating in the global B2C e-commerce market. Some of the players profiled in the study are ALIBABA GROUP HOLDING LIMITED (China), Amazon.com, Inc. (United States), eBay. Inc. (US), ASOS (UK), Flipkart Internet Private Limited (India), macys.com (US), Walmart Stores, Inc. (US), Apple Inc. (US) ), priceline.com SARL. (United States), Rakuten, Inc. (Japan), Otto Group (Germany) etc.
By geography: North America, Europe, Southeast Asia, China, Japan, India, Middle East, Africa, LATAM, others
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Qualitative insights from the study
B2C e-commerce market trends
• Mobile commerce (M-Commerce): increasing use of smartphones for shopping.
• Omnichannel retail: Seamless integration of online and offline shopping channels.
• Personalization: tailor-made AI-powered shopping experiences.
• Sustainability: Focus on environmentally friendly products and practices.
B2C eCommerce Market Drivers
• Convenience for the consumer: ease and accessibility of online shopping.
• Technological advancements: innovations in e-commerce technologies.
• Impact of the pandemic: accelerated digital adoption due to COVID-19.
• Awareness of sustainable development: growing base of environmentally conscious consumers.
• Social media influence: Social platforms drive purchasing decisions.
B2C Ecommerce Market Opportunity
• Global expansion: exploit international markets.
• Niche markets: targeting specialized customer segments.
• Subscription models: offering recurring subscription services.
• Market growth: expanding product offerings through markets.
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Research objective
• Define and describe B2C e-commerce segmented by product and service, application, end user and region.
• Estimate and forecast B2C e-commerce value in billions of dollars.
• To estimate and forecast the market size for different segments with respect to region name.
• Profile key players and comprehensively analyze their market position in terms of ranking and core competencies.
• To analyze the markets situation with respect to trends, outlook and industry contribution to the total market by identifying the high growth segments of B2C e-commerce and providing the competitive landscape.
• Ensure the attractiveness of the industry using various tools such as Porter’s Five Forces Analysis and PESTEL analysis.
Market size estimation
Both top-down and bottom-up approaches are used to validate the global B2C e-commerce market size and estimate the market size for manufacturers, type, and regions.
The market estimates presented in this report are based on the marketed sales price of B2C e-commerce, excluding any discounts given by the manufacturer, distributor, wholesaler or traders. Percentage breakdowns, market shares and product segment breakdowns are derived from the weights assigned to each segment based on their usage rate and average selling price. The regional breakdowns of the overall B2C e-commerce market and its sub-segments are based on the percentage of adoption or usage of the given product in the respective region or country.
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FIVE FORCES ANALYSIS AND PESTLE:
In order to better understand the B2C e-commerce market conditions, a five forces analysis is conducted, including buyer bargaining power, supplier bargaining power, threat of new entrants, threat of substitutes, and threat of rivalry.
• Politics (political policy and stability as well as trade, tax and tax policies)
• Economic (interest rate, employment or unemployment rate, raw material costs and exchange rate)
• Social (changing family demographics, education levels, cultural trends, attitudinal changes and changes in lifestyles)
• Technological (developments in digital or mobile technology, automation, research and development)
• Legal (Labour legislation, consumer law, health and safety, international and commercial regulations and restrictions)
• Environmental (climate, recycling procedures, carbon footprint, waste disposal and sustainability)
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Criag Francis
HTF Market Intelligence Consulting Pvt Ltd
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