The Cross-Border B2C E-Commerce Market size was valued at USD 948.27 Bn in 2022 and is expected to reach USD 6112 Bn by 2030 and grow at a CAGR of 26.23% over the forecast period 2023-2030.
B2C cross-border E-Commerce may be described as E-Commerce trading over international boundaries, which entails purchasing and selling things via online storefronts across international and national borders. A transaction organization that operates in two or more nations is involved. The enterprises do business and distribute items utilizing cross-border B2C logistics on the E-Commerce platform.
To Get More Information on Cross-Border B2C E-Commerce Market - Request Sample Report
Internet information technology underpins cross-border B2C E-Commerce. As a result, it expands enterprises' expanding networks, performs paperless transactions, and eliminates downtime obstacles. Increased international commerce across nations, along with an increase in industry mergers and acquisitions, is expected to create lucrative industry growth prospects. However, logistics-related challenges such as import rules, return logistics, long delivery times, and high shipping costs are projected to stymie the expansion of the cross-border B2C E-commerce business.
KEY DRIVERS
An increase in the number of young metropolitan residents who rely significantly on technology.
An increase in the number of young metropolitan residents who rely significantly on technology.
The availability of higher-quality items at lower prices is propelling the industry's expansion.
RESTRAINTS
Data safety is a concern.
A lack of awareness of digital adoption.
OPPORTUNITY
The growing worldwide digital adoption index is expected to generate enormous industrial growth prospects.
The region's digital adoption is measured across many sectors of the economy, including government, people, and industry.
The COVID-19 epidemic has had an impact on a variety of businesses throughout the world. To limit the pandemic's rapid spread, governments throughout the world enacted severe lockdown measures and social distance standards. During the early phases of the pandemic, manufacturing facilities throughout the world were shut down. Furthermore, the post-pandemic economic crisis may cause a major delay in the commercial roll-out of the Cross-Border B2C E-Commerce service business. Small and medium-sized businesses are the backbone of technology providers, and their income has dropped precipitously since the pandemic's appearance in 2020. As a result of supply chain interruptions, industry participants faced several hurdles. However, when additional supplies become available in the second half of 2022, things will improve.
Credit/debit cards are predicted to hold the largest share in 2021 and to dominate the cross-border B2C E-commerce sector in the next years. The acceptance of credit/debit card payments across all E-Commerce platforms accounts for a sizable part of the category. Furthermore, technical improvements such as the adoption of blockchain for improved security are expected to drive category expansion. The multitude of special privileges and bonuses earned by using credit cards is expected to increase the amount paid using this method.
The digital wallets category is expected to develop at the quickest rate in the coming years. The introduction of cross-border B2C payment platforms is expected to propel the segment's growth. Furthermore, the increasing number of non-bank competitors is expected to provide enormous cross-border B2C E-commerce industry development prospects.
On The Basis of Category
Entertainment & Education
Apparel & Accessories
Home Furnishing
Personal Care & Beauty
Healthcare & Nutrition
Footwear
Food & Beverage
Others
On The Basis of Payment Method
Digital Wallets
Credit/Debit Cards
Internet Banking
Others
On The Basis of Offering
In-House Brands
Assorted Brands
On The Basis of End-user
Adults
Teenagers/Millennials
Senior Citizens
Others
.png)
Do You Need any Customization Research on Cross-Border B2C E-Commerce Market - Inquire Now
In 2021, Asia Pacific will account for the greatest revenue share of the worldwide cross-border B2C E-commerce market. This massive industry share can be attributable to rising internet and smartphone usage in emerging markets. Furthermore, the industry's expansion is being fueled by increased urbanization, rising living standards, and rising disposable income. The existence of a huge customer base in the Asia Pacific is expected to fuel market expansion. Furthermore, the region's developing trade links are expected to provide substantial market growth potential. Furthermore, the North America Cross-Border B2C E-Commerce industry is expected to rise steadily in the next years. The rapidly expanding market in North America can be attributable to the rising demand for high-quality items at reasonable prices. The lack of items at lower prices in the domestic market is expected to boost market expansion. Furthermore, the region's massive internet-purchasing client base is likely to provide enormous market growth prospects. Because of the reduced prices, most US customers choose to buy from China.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major players are Alibaba/AliExpres, Amazon, ASOS, eBay, iHerb, Joom, Lazada, Pinduoduo, Shein, Shopee & Other Players
Amazon-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 948.27 Billion |
| Market Size by 2030 | US$ 6112 Billion |
| CAGR | CAGR 26.23% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Category (Entertainment & Education, Apparel & Accessories, Consumer Electronics, Home Furnishing, Personal Care & Beauty, Healthcare & Nutrition, Footwear, Food & Beverage, Others) • by Payment Method (Digital Wallets, Credit/Debit Cards, Internet Banking, Others) • by Offering (In-House Brands and Assorted Brands) • by End-user (Adults, Teenagers/Millennials, Senior Citizens, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Alibaba/AliExpres, Amazon, ASOS, eBay, iHerb, Joom, Lazada, Pinduoduo, Shein, Shopee |
| Key Drivers | •An increase in the number of young metropolitan residents who rely significantly on technology. •The availability of higher-quality items at lower prices is propelling the industry's expansion. |
| Market Restraints | •Data safety is a concern. •A lack of awareness of digital adoption. |
Ans: - The estimated market size for the Cross-Border B2C E-Commerce market for the year 2028 is USD3853.33 Bn.
Ans: - Data safety is a concern and a lack of awareness of digital adoption.
Ans: - Asia Pacific will account for the greatest revenue share of the worldwide cross-border B2C E-commerce market.
Ans: - The major key players are Alibaba/AliExpres, Amazon, ASOS, eBay, iHerb, Joom, Lazada, Pinduoduo, Shein, Shopee.
Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Cross-Border B2C E-Commerce Market Segmentation, by Category
8.1 Entertainment & Education
8.2 Apparel & Accessories
8.3 Consumer Electronics
8.4 Home Furnishing
8.5 Personal Care & Beauty
8.6 Healthcare & Nutrition
8.7 Footwear
8.8 Food & Beverage
8.9 Others
9. Cross-Border B2C E-Commerce Market Segmentation, by Payment Method
9.1Digital Wallets
9.2 Credit/Debit Cards
9.3 Internet Banking
9.4 Others
10. Cross-Border B2C E-Commerce Market Segmentation, by Offering
10.1 In-House Brands
10.2 Assorted Brands
11. Cross-Border B2C E-Commerce Market Segmentation, by End-user
11.1 Adults
11.2 Teenagers/Millennials
11.3 Senior Citizens
11.4 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Alibaba/AliExpres
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Amazon
13.3 ASOS
13.4 eBay
13.5 iHerb
13.6 Joom
13.7 Lazada
13.8 Pinduoduo
13.9 Shein
13.10 Shopee
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Retail Ready Packaging Market size was USD 74.7 billion in 2023 and is expected to Reach USD 107 billion by 2031 and grow at a CAGR of 4.6% over the forecast period of 2024-2031.
The Filling Machines Market size was USD 9.50 billion in 2023 and is expected to Reach USD 13.40 billion by 2031 and grow at a CAGR of 4.4% over the forecast period of 2024-2031.
The Stick Packaging Market Size was valued at USD 909.805 million in 2023 and will reach $1378.80 million by 2032 and grow at a CAGR of 4.75% by 2024-2032.
The Dairy Packaging Market size was USD 24.56 billion in 2023 and is expected to Reach USD 33.04 billion by 2031 and grow at a CAGR of 3.78 % over the forecast period of 2024-2031.
The Frozen Food Packaging Market Size was valued at USD 46.5 billion in 2023 and is projected to reach USD 72.28 billion by 2031 growing at a CAGR of 5.67% from 2024 to 2031.
The Flexible Packaging Market size was valued at USD 273.02 billion in 2023 and is expected to Reach USD 418.12 billion by 2032 and grow at a CAGR of 4.85% over the forecast period of 2024-2032.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
