Asia-Pacific e-commerce industry is anticipated to see a CAGR of 18.5% during the period (2019-2025). The Asia-Pacific e-commerce market is growing considerably owing to rising disposable income, growing internet penetration, and emerging cross-border e-commerce market. The increasing investment from prominent e-commerce companies in the Asia-Pacific region such as Alibaba, Amazon, and Walmart will drive the e-commerce market in the Asia-Pacific region. The e-commerce companies targeted the most emerging and lucrative markets such as China, and India to cater to opportunities created by the cohesive government policies and rising investment from the market players. Alibaba, JD.com, Pinduoduo, and Amazon are dominating the e-commerce market in the Asia-Pacific region.
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The region is expected to see a marginal downfall in 2020, post the outbreak of the COVID-19 pandemic. However, the e-commerce industry in Asia-Pacific will recover this decline in market value by 2021. The major economies that are contributing to the growth of the Asia-Pacific e-commerce industry include China, India, and Japan. As per OMR analysis, China holds more than one-fourth share of the global e-commerce industry. Several cross-border e-commerce platforms, such as Alibaba and JB.com have been contributing to the market growth in China. Alibaba and Tencent-backed JD.com Inc. reported that online sales of grocery, fresh produce, and consumer essentials grew significantly during the COVID-19 crisis, driving up the country’s online retail sales of physical goods by 3.0% in the first two months of 2020.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Asia-Pacific E-Commerce Market – Segmentation
By Product Type
- Electronics
- Apparel
- Healthcare
- Pharmaceuticals, and Nutritional Products
- Beauty and Personal Care
- Others
Asia-Pacific E-Commerce Market – Segmentation by Geography
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Alibaba Group Holding Ltd.
- com, Inc.
- Bukalapak
- eBay, Inc.
- Flipkart
- com
- Pinduoduo, Inc.
- Qoo10 Pte. Ltd.
- Rakuten Group
- Snapdeal Pvt. Ltd.
- com
- Walmart Inc.
The Report Covers
- Comprehensive research methodology of the Asia-Pacific e-commerce industry.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific e-commerce industry.
- Insights about market determinants that are stimulating the Asia-Pacific e-commerce industry.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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