APACis estimated to contribute48%to the growth of the global e-commerce market during the forecast period. APAC is the fastest-growing market due to the growing buying power and economy of the middle-class population. The region comprises countries such as Pakistan, Bangladesh, and Indonesia that...
HANOI, Dec. 18 (Xinhua) -- Vietnam's e-commerce market is growing 35 percent per year, 2.5 times faster than Japan, a Vietnamese official said. Vietnam's e-commerce retail sales growth in the 2016-2020 period is estimated at 20 percent per annum and the country's total retail e-co...
What is the e-commerce market size? What will be the CAGR of global e-commerce market? Who are the prominent players operating in the e-commerce market? Which are the driving factors of the e-commerce market? Which region will lead the global e-commerce market?
Europe e-commerce marketis growing significantly at a CAGR of 19.4% from 2024 to 2030. The shifting preferences of European consumers for convenience and flexibility are prompting them to consider online shopping, thereby driving the growth of the European B2C market. The convenience and accessibility...
Recent Acquisition in Retail e-commerce Market Growth In July 2023, Etsy Inc. completed the acquisition of Brazilian company Elo7. Elo7 is a market that deals in hand crafted goods. The acquisition was completed by investing $217 million. The main aim for this strategic implementation is to ...
E-commerce growth is not equal around the world and is not explained by connectivity. It might not be surprising that digitally developed South Korea is the world’s largest online FMCG market by value share (16.6%). In the USA however, only 1.4% of groceries are bought online. China is...
B2C E-commerce Market Growth & Trends The globalB2C e-commerce marketsize is projected to reach USD 17.77 trillion by 2030, registering a CAGR of 19.1% from 2024 to 2030, according to a new study by Grand View Research Inc. Expanding the market into various product categories, assortments,...
This statistic describes the growth rate of the e-commerce market in the Gulf Cooperation Council in 2015 and a forecast for 2020, by country.
Romania is an important emerging market in e-commerce sector, posting an increase of 24.2 percent in 2015, and an impressive growth of 38 percent in 2016, the biggest growth rate in Europe, and more than double compared with the European average. Yet, Romania is still among the countries wi...
The UK E-commerce Market size is estimated at USD 280.55 billion in 2024, and is expected to reach USD 750.80 billion by 2029, growing at a CAGR of 21.76% during the forecast period (2024-2029). E-commerce has experienced significant growth over the past few decades, driven by consumers...