B2C E-Commerce Market Size By Type, By Application, By Geographic Scope And Forecast


Posted August 7, 2020 by jennysmith22119

B2C E-Commerce Market was valued at USD 3.18 Trillion in 2019 and is projected to reach USD 5.72 Trillion by 2027, growing at a CAGR of 7.63 % from 2020 to 2027.

 
B2C E-Commerce Market Size And Forecast
The Global B2C E-Commerce Market report provides a holistic evaluation of the market. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global B2C E-Commerce Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

B2C E-Commerce Market was valued at USD 3.18 Trillion in 2019 and is projected to reach USD 5.72 Trillion by 2027, growing at a CAGR of 7.63 % from 2020 to 2027.

What are B2C E-Commerce?
Business to Consumer (B2C) is an online platform providing services and products from the business owners directly to end-consumers. In B2C structure, there are no intermediaries and there is more competition and higher demands from the customers in B2C e-commerce. The working of this business model is simple, an e-commerce website provides a platform for customers to shop like they do in stores although by using an online catalog, selecting items for purchase and virtually checking out.

There are many benefits to B2C e-commerce such as no need for a physical presence, great customer service, business growth, scope of niche marketing, lower cost, and removing third-party clients. This business model is utilized in various sectors such as beauty & personal care, books & stationary, home décor, travel & tourism, media, and the automobile industry.

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Global B2C E-Commerce Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The rapid urbanization, flexibility in buying products, cheap prices due to direct contact between sellers and buyers, and the digital revolution is expected to fuel the growth of the global B2C e-commerce market. The increasing technological adoption accompanied by the easy availability of smartphones, expansion in shipping and distribution organizations is likely to drive the demand for the forecast period.

Furthermore, the rising disposable income, global per capita income, an increasing number of online shoppers, and other factors such as discounted price rates, convenient payment methods, same-day delivery, and easy return policies are anticipated to propel the market growth. However, online fraud attacks, less reliability, and different tax system testing are the potential restraints hampering the overall market. Whereas the increase in penetration of internet services in untapped regions, the advancements in technologies such as artificial intelligence, machine learning, and robots offer favorable growth opportunities.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global B2C E-Commerce Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global B2C E-Commerce Market Competitive Landscape
The “Global B2C E-Commerce Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as ALIBABA GROUP HOLDING LIMITED, Amazon.com Inc., ASOS, Craigslist Inc., eBay Inc., Flipkart Internet Private Limited, JD.com Inc., MakeMytrip Pvt. Ltd., PayPal Holdings Inc., OLX, and Others. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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B2C E-Commerce Market, By Type
• B2C Retailers
• Classifieds
• Others

B2C E-Commerce Market, By Application
• Automotive
• Clothing & Footwear
• Home Décor & Electronics
• Information Technology
• Other

B2C E-Commerce Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America

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Last Updated August 7, 2020