Cross-Border B2C E-Commerce Market 2021
AbsoluteMarketsInsights Presents “Cross-Border B2C E-Commerce Market Research Report –Global Forecast to 2030” New Document to its Studies Database
The globalization, digital revolution and increasing penetration of internet has revolutionized the international trade of goods. The aforementioned factors have evolved and made business transactions easier and more effective, which not only has a positive impact on the business of companies but also contributed to the positive growth of the economic structure of nations. Globalization is also increasing the diversity and volume of cross-border transactions in products and services by rapid integration with technology. Additionally, the rise of e-commerce and globalization has altogether changed the consumption patterns of the consumer by providing them an efficient medium for cross-border purchasing. In addition, globalization is constantly enabling the companies to increase their customer base, and deal effectively with changing patterns in retail sales. Globalization is also benefiting the e-commerce sector across the globe to reduce the cost of the transaction along with efficient operating performance. Thus, the increasing globalization is among the major factors leading towards increased cross border transactions which is further driving the growth of cross-border B2C e-commerce market.
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Major Key Players:
Some of the prominent players operating in the global cross-border b2c e-commerce market include Amazon.com, Inc., eBay Inc., JD.com, Ali Express amongst others.
Key Findings of the Report:
In terms of revenue, global cross-border B2C e-commerce market is expected to reach US$ 4,856.1 Billion by 2030 owing to growing international trade related activities in developing countries such as China and India.
On the basis of category, healthcare and nutrition in global cross-border B2C e-commerce market is expected to grow exponentially over the forecast period.
Based on the payment method, digital wallets in cross-border B2C e-commerce market is projected to hold largest market share over the forecast period owing to government initiative to promote digital transactions coupled with growing prevalence of fintech startups. However, internet banking is expected to register highest CAGR during forecast period.
On the basis of end user, adults are expected to hold the largest market share owing to increase e-commerce shopping by them. However, senior citizens is expected to register highest CAGR during forecast period.
Market Segmentation
By Category
Apparel and Accessories
Entertainment and Education
Consumer Electronics
Home Furnishing
Personal Care and Beauty
Healthcare and Nutrition
Footwear
Food and Beverage
Others
By Offering
Brand Products
In-house Brand Products
By Payment Method
Credit/Debit Cards
Digital Wallets
Internet Banking
Others
By End Users
Teenagers/Millennial
Adult
Senior Citizens
Others
By Region:
North America
U.S.
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic Countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Union
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
.…
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