E-commerce market is anticipated to grow at a considerable CAGR of 12.9% during the forecast period. The market growth is driven by the strong and steady growth of internet users and rising awareness related to online shopping, increasing online product launching, low price due to bulk purchases, and so on. In addition, an increasing number of exclusive products in the market and lower prices of goods due to the direct distribution channel and economies of scale further contribute to the growth of the global e-commerce market.
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E-commerce includes buying and selling raw materials, products, services, or any kind of goods and services through an electronic medium (internet) by the consumer, retailer, and business. Whereas, e-commerce retail is the exchange of goods and services between an online retail company and consumers (generally end-users). The e-commerce transaction can be of different types such as business to Business or B2B (Cisco, Alibaba), Business to Consumer or B2C (Amazon, Walmart), and Consumer to Consumer or C2C (eBay). E-commerce sales for businesses have been steadily increasing, and with the migration of virtually all transactions to digital due to the COVID Pandemic, global sales through e-commerce sales channels such as websites and online marketplaces increased overall in 2020.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global E-Commerce Market by Model Type
- B2B
- B2C
Global E-Commerce Market by Product Type
- Electronics
- Apparel
- Healthcare
- Beauty and Personal Care
- Pharmaceuticals, and Nutritional Products
- Others
- Home Furnishing Products
- Books
- Grocery
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Alibaba Group Holding Ltd.
- com, Inc.
- ASOS PLC
- eBay Inc.
- com
- Qoo10 Pte. Ltd.
- Rakuten Group
- Shopify
- Snapdeal Pvt Ltd.
- Walmart Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global e-commerce market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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