Cross-Border B2C E-Commerce Market 2021

AbsoluteMarketsInsights Presents “Cross-Border B2C E-Commerce Market Research Report –Global Forecast to 2030” New Document to its Studies Database

The globalization, digital revolution and increasing penetration of internet has revolutionized the international trade of goods. The aforementioned factors have evolved and made business transactions easier and more effective, which not only has a positive impact on the business of companies but also contributed to the positive growth of the economic structure of nations. Globalization is also increasing the diversity and volume of cross-border transactions in products and services by rapid integration with technology. Additionally, the rise of e-commerce and globalization has altogether changed the consumption patterns of the consumer by providing them an efficient medium for cross-border purchasing. In addition, globalization is constantly enabling the companies to increase their customer base, and deal effectively with changing patterns in retail sales. Globalization is also benefiting the e-commerce sector across the globe to reduce the cost of the transaction along with efficient operating performance. Thus, the increasing globalization is among the major factors leading towards increased cross border transactions which is further driving the growth of cross-border B2C e-commerce market.

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Major Key Players:

Some of the prominent players operating in the global cross-border b2c e-commerce market include Amazon.com, Inc., eBay Inc., JD.com, Ali Express amongst others.

Key Findings of the Report:

In terms of revenue, global cross-border B2C e-commerce market is expected to reach US$ 4,856.1 Billion by 2027 owing to growing international trade related activities in developing countries such as China and India.

On the basis of category, healthcare and nutrition in global cross-border B2C e-commerce market is expected to grow exponentially over the forecast period.

Based on the payment method, digital wallets in cross-border B2C e-commerce market is projected to hold largest market share over the forecast period owing to government initiative to promote digital transactions coupled with growing prevalence of fintech startups. However, internet banking is expected to register highest CAGR during forecast period.

On the basis of end user, adults are expected to hold the largest market share owing to increase e-commerce shopping by them. However, senior citizens is expected to register highest CAGR during forecast period.

Market Segmentation

By Category

Apparel and Accessories

Entertainment and Education

Consumer Electronics

Home Furnishing

Personal Care and Beauty

Healthcare and Nutrition

Footwear

Food and Beverage

Others

By Offering

Brand Products

In-house Brand Products

By Payment Method

Credit/Debit Cards

Digital Wallets

Internet Banking

Others

By End Users

Teenagers/Millennial

Adult

Senior Citizens

Others

By Region:

North America

U.S.

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Sweden

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia

Indonesia

Thailand

Malaysia

Singapore

Rest of Southeast Asia

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

.…

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Shreyas Tanna

Phone: +91-740-024-2424

Absolute Markets Insights

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