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Global B2C E-Commerce Market Size, Trends, and Analysis - Forecasts To 2026 By Type (B2C Retailers, Classifieds), By Application (Automotive, Beauty & Personal Care, Books & Stationery, Consumer Electronics, Clothing & Footwear, Home Décor & Electronics, Sports & Leisure, Travel & Tourism, Media & Entertainment, Information Technology (Software), Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
The B2C E-Commerce Market is projected to grow from USD 4.03 trillion in 2021 to USD 6.43 trillion by 2026 at a CAGR value of 9.8% between 2021 to 2026. Expanding discretionary income, soaring global per capita spending, and growing internet usage can all be linked to market expansion. The rising technology usage, along with the widespread provision of smartphones, has made the e-commerce sector more accessible and profitable. The increased usage of social media is driving up demand for electronic purchases of numerous items and services. The market is anticipated to develop rapidly over the forecast period, primarily to rising digital reliance and the comfort of purchasing on digital platforms. It has grown as a result of a hectic lifestyle and the availability of alternatives for shopping from the luxury of one's own home.
Convenience is the primary driver of the total expansion of the online buying sector. Customers may locate their desired items by browsing the webpage and get more information about numerous products. Customers are increasingly using smartphones to buy products and services digitally, causing a paradigmatic transition away from e-commerce and toward m-commerce. The absence of a well-organized offline retailing industry is also fueling worldwide expansion.
Rapid urbanization, product versatility, low costs owing to direct interaction between vendors and consumers, and the digital transformation are all predicted to boost worldwide market expansion. The rising technological penetration, backed by the widespread provision of smartphones, as well as the development of logistics and delivery companies, are expected to boost demand throughout the forecast period.
Furthermore, increased spending power & worldwide per median wealth, an increase in online consumers, and other variables including lower pricing rates, efficient payment options, same-day deliveries, and simple return regulations are expected to drive market expansion. Nonetheless, possible market limitations include internet fraud operations, lower dependability, and various tax system assessments. While internet service coverage is increasing in underserved areas, technological developments including artificial intelligence, machine learning, and robotics provide positive growth prospects.
Factors such as busy lives, expanding internet prevalence, growing smartphone use, and the developing movement of dramatic fashion are driving up demand for quality clothes and beauty products through online services. This is one of the most important elements impacting the market favorably. Furthermore, the benefits of B2C e-commerce services, including ease, 24/7 distribution, simple return procedures, numerous payment choices, and quick product category browsing, are expanding their acceptance in the electronics, automobile, and travel and tourism sectors throughout the world.
Aside from that, with the abrupt coronavirus disease (COVID-19) epidemic, governments in a number of nations declared a state of emergency. This led to the interim shutdown of brick-and-mortar establishments and an increase in the global demand for B2C e-commerce alternatives.
Furthermore, in order to acquire a larger customer base, many businesses are implementing creative marketing techniques including contests, freebies, free add-ons, and engagement and incentive programs. Additionally, with the growing impact of social media platforms, B2C e-commerce is expected to expand since it enables small businesses to work with renowned online services.
According to the type, the two categories include B2C retailers and classifieds. The category of B2C retailers is the largest shareholder. Over the forecast period, the retailers' segment is likely to be driven by growth in mobile payments and online banking. Additionally, urbanization and smart public infrastructure in emerging nations have led to a more westernized culture, which is shifting purchasing habits from conventional to online. The rise is ascribed to considerations like the convenience of operating a business as a result of globalization, a strong logistical network, and increasing demand across geographies.
According to the application analysis, the eleven segments are automotive, beauty & personal care, books & stationery, consumer electronics, clothing & footwear, home décor & electronics, sports & leisure, travel & tourism, media & entertainment, information technology (software), and others.
The clothing and footwear category generated the most revenue and is projected to maintain its dominance during the forecast period. This is due to the huge development of online clothing marketplaces, which merchants and manufacturers use to promote their products. Spending on fashion portals is advantageous since it allows for numerous payment and product choices, delivery services, and quick returns.
The streamlined and user-friendly online layout enables faster access of numerous product divisions using the search function, enhancing the consumer's pleasure. Apparel portals assisted in decreasing store crowds, expanding retailer accessibility, and permitting consumers with demanding work schedules to "buy from anywhere".
Furthermore, virtual fitting rooms, door-step distribution, and returns have eliminated the need for conveyance or trip, while websites are available for shopping 24 hours a day, seven days a week.
The Asia Pacific accounted for the largest revenue share and is expected to retain dominance over the forecast period. The area is home to over two-thirds of the world's population, and economic development—particularly in China and India—remains a significant regional growth engine. The increased internet access in second-tier cities and remote locations is linked to the expansion. This area's undeveloped market is a famous target for multinational companies and web shoppers from all over the globe.
North America and Europe are expected to develop steadily throughout the forecast period. North America has one of the world's highest frequencies of internet adoption. Customers are picky about product excellence, content, and pricing, which encourages them to buy international brands and items.
MEA and Latin America are projected to increase significantly throughout the forecast period. The Middle East boasts a vibrant youthful population and one of the highest per capita incomes in the world. Furthermore, the area's fast-growing retail e-commerce business is being driven by rising internet usage.
ALIBABA GROUP HOLDING LIMITED, Amazon.com, Inc., ASOS, eBay Inc., Flipkart Internet Private Limited, JD.com, Inc., MakeMyTrip Pvt.Ltd., OLX, PayPal Holdings, Inc., Craigslist, Inc., among others, are the major companies competing in the market.
Please note: This is not an exhaustive list of companies profiled in the report.
Chapter 1 Methodology
1.1 Market Scope & Definitions
1.2 Estimates & Forecast Calculation
1.3 Historical Data Overview And Validation
1.4 Data Sources
1.4.1 Secondary
1.4.2 Primary
Chapter 2 Report Outlook
2.1 B2C E-Commerce Industry Overview, 2021-2026
2.1.1 Industry Overview
2.1.2 Type Overview
2.1.3 Application Overview
2.1.4 Regional Overview
Chapter 3 B2C E-Commerce Market Trends
3.1 Market Segmentation
3.2 Industry Background, 2021-2026
3.3 Market Key Trends
3.3.1 Positive Trends
3.3.1.1 The expanding internet penetration
3.3.1.2 The easy availability of smartphones
3.3.2 Industry Challenges
3.3.2.1 The online fraud attacks
3.4 Prospective Growth Scenario
3.4.1 Type Growth Scenario
3.4.2 Application Growth Scenario
3.5 COVID-19 Influence over Industry Growth
3.6 Porter’s Analysis
3.7 PESTEL Analysis
3.8 Value Chain & Supply Chain Analysis
3.9 Regulatory Framework
3.9.1 North America
3.9.2 Europe
3.9.3 APAC
3.9.4 LATAM
3.9.5 MEA
3.10 Technology Overview
3.11 Market Share Analysis, 2020
3.11.1 Company Positioning Overview, 2020
Chapter 4 B2C E-Commerce Market, By Type
4.1 Type Outlook
4.2 B2C Retailers
4.2.1 Market Size, By Region, 2021-2026 (USD Trillion)
4.3 Classifieds
4.3.1 Market Size, By Region, 2021-2026 (USD Trillion)
Chapter 5 B2C E-Commerce Market, Application
5.1 Application Outlook
5.2 Automotive
5.2.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.3 Beauty & Personal Care
5.3.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.4 Books & Stationery
5.4.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.5 Consumer Electronics
5.5.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.6 Clothing & Footwear
5.6.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.7 Home Décor & Electronics
5.7.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.8 Sports & Leisure
5.8.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.9 Travel & Tourism
5.9.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.10 Media & Entertainment
5.10.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.11 Information Technology
5.11.1 Market Size, By Region, 2021-2026 (USD Trillion)
5.12 Others
5.12.1 Market Size, By Region, 2021-2026 (USD Trillion)
Chapter 6 B2C E-Commerce Market, By Region
6.1 Regional Outlook
6.2 North America
6.2.1 Market Size, By Country 2021-2026 (USD Trillion)
6.2.2 Market Size, By Type, 2021-2026 (USD Trillion)
6.2.3 Market Size, By Application, 2021-2026 (USD Trillion)
6.2.4 U.S.
6.2.4.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.2.4.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.2.5 Canada
6.2.5.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.2.5.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.3 Europe
6.3.1 Market Size, By Country 2021-2026 (USD Trillion)
6.3.2 Market Size, By Type, 2021-2026 (USD Trillion)
6.3.3 Market Size, By Application, 2021-2026 (USD Trillion)
6.3.4 Germany
6.3.4.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.3.4.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.3.5 UK
6.3.5.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.3.5.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.3.6 France
6.3.6.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.3.6.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.3.7 Italy
6.3.7.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.3.7.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.3.8 Spain
6.3.8.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.3.8.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.3.9 Russia
6.3.9.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.3.9.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.4 Asia Pacific
6.4.1 Market Size, By Country 2021-2026 (USD Trillion)
6.4.2 Market Size, By Type, 2021-2026 (USD Trillion)
6.4.3 Market Size, By Application, 2021-2026 (USD Trillion)
6.4.4 China
6.4.4.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.4.4.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.4.5 India
6.4.5.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.4.5.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.4.6 Japan
6.4.6.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.4.6.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.4.7 Australia
6.4.7.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.4.7.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.4.8 South Korea
6.4.8.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.4.8.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.5 Latin America
6.5.1 Market Size, By Country 2021-2026 (USD Trillion)
6.5.2 Market Size, By Type, 2021-2026 (USD Trillion)
6.5.3 Market Size, By Application, 2021-2026 (USD Trillion)
6.5.4 Brazil
6.5.4.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.5.4.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.5.5 Mexico
6.5.5.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.5.5.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.5.6 Argentina
6.5.6.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.5.6.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.6 MEA
6.6.1 Market Size, By Country 2021-2026 (USD Trillion)
6.6.2 Market Size, By Type, 2021-2026 (USD Trillion)
6.6.3 Market Size, By Application, 2021-2026 (USD Trillion)
6.6.4 Saudi Arabia
6.6.4.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.6.4.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.6.5 UAE
6.6.5.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.6.5.2 Market Size, By Application, 2021-2026 (USD Trillion)
6.6.6 South Africa
6.6.6.1 Market Size, By Type, 2021-2026 (USD Trillion)
6.6.6.2 Market Size, By Application, 2021-2026 (USD Trillion)
Chapter 7 Company Landscape
7.1 Competitive Analysis, 2020
7.2 ALIBABA GROUP HOLDING LIMITED
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Strategic Positioning
7.2.4 InfoGraphic Analysis
7.3 Flipkart Internet Private Limited
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Strategic Positioning
7.3.4 InfoGraphic Analysis
7.4 JD.com, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Strategic Positioning
7.4.4 InfoGraphic Analysis
7.5 MakeMyTrip Pvt.Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Strategic Positioning
7.5.4 InfoGraphic Analysis
7.6 OLX
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Strategic Positioning
7.6.4 InfoGraphic Analysis
7.7 PayPal Holdings, Inc
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Strategic Positioning
7.7.4 InfoGraphic Analysis
7.8 Craigslist, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Strategic Positioning
7.8.4 InfoGraphic Analysis
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Strategic Positioning
7.9.4 InfoGraphic Analysis
7.10 ASOS
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Strategic Positioning
7.10.4 InfoGraphic Analysis
7.11 eBay Inc.
7.11.1 Company Overview
7.11.2 Financial Analysis
7.11.3 Strategic Positioning
7.11.4 InfoGraphic Analysis
7.12 Other Companies
7.12.1 Company Overview
7.12.2 Financial Analysis
7.12.3 Strategic Positioning
7.12.4 InfoGraphic Analysis
The Global B2C E-Commerce Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the B2C E-Commerce Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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