Retail E-Commerce Market Size By Product, By Type, By Geographic Scope And Forecast


Posted July 1, 2020 by jennysmith22119

Retail E-Commerce Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow moderately in the forecasted period i.e. 2020 to 2027.

 
Retail E-Commerce Market Size And Forecast
Retail E-Commerce Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow moderately in the forecasted period i.e. 2020 to 2027.

The Global Retail E-Commerce Market report provides a holistic evaluation of the market for the forecast period. 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 involve 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 Retail E-Commerce Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.


What is Retail E-Commerce?
Retail E-Commerce is the sale of goods and services using internet. It can include sale of good and services either on a Business-to-Business (B2B) or Business-to-Consumer (B2C). It involves digitalizing the complete shopping experience from viewing products, comparing, selecting, payment and placing order online through websites, apps, portals etc. through internet. Increasing number of retailers are moving towards e-commerce due to the benefits offered by them and products like groceries, footwear, apparel, personal care, beauty products are among others which are increasingly purchased online as compared to brick and mortar stores.

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Global Retail 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.

Convenience shopping is on the rise due to increase in the technology penetration and internet usage among the customers. According to United Nation’s (UN) report, 3.9 billion people which was 51.2% of people were online in 2018 and the number is expected to increase further as internet penetration increases in rural regions and developing countries further. With the increase in the number of people using internet for availing different services the use of E-commerce is on the rise. convenience shopping lets the customers shop online at the convenience of their place from any device including PC, tablet and smartphones to select, compare, buy and get products and services delivered wherever desired. The technology penetration with development of user-friendly apps and UI’s has narrowed the gap between the experience of shopping in brick and mortar shops and shopping on E-commerce. It has augmented the demand for retail items like groceries, apparels, footwear etc., to be purchased from e-commerce websites. Introduction of SaaS systems, increased convenience of online payments, lower prices of products and increasing trust in consumers for shopping online has increased the number of customers preferring to shop online. Moreover, lesser infrastructure costs, automated checkout procedures which reduce the need of personnel, reduced marketing expense, ability to engage with larger audience on geographic scale are some of the factors among others which are favoring the growth of retailers which makes retail e-commerce a great value proposition to invest in. These factors combinedly have a large impact in driving the growth of Retail E-Commerce Market.


Although, factors like lack of emotional shopping experience for customers, fraud risk, lack of content in local languages etc. are the factors which hinder the growth of the market.

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 Retail E-Commerce Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Retail E-Commerce Market Competitive Landscape
The “Global Retail E-Commerce Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as The Kroger Co, Walmart Inc,, Alibaba Group Holding Ltd, Coupang Corp,, Ebates Inc, dba Rakuten, Amazon,com Inc, eBay Inc, Inter IKEA Systems B,V, Otto (GmbH & Co KG). 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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Retail E-Commerce Market, By Product
• Groceries
• Apparels and Accessories
• Footwear
• Personal and Beauty Care
• Furniture and Household Decor
• Electronic Goods
• Others

Retail E-Commerce Market, By Type
• Pure Marketplace
• Hybrid Marketplace
• Brand
• Retail Chain

Retail 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



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Issued By vmr
Country United States
Categories Business
Tags retail ecommerce market
Last Updated July 1, 2020