Online Shopping Market Potential Indicators
- Online shopping market potential indicators 2020
- Online shopping market potential indicators of business
- Online shopping market potential indicators 2019
- Online shopping market potential indicators meaning
- Online shopping market potential indicators of quality
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Online shopping market potential indicators 2020
I am admittedly an Amazon shopping addict, so it was interesting to have a long conversation recently with Chinese colleagues in Nanning about their own growing addictions to online shopping. They are big fans of Taobao, although they also use other e-commerce sites like and My colleagues are representative of a larger trend of Chinese consumers shifting partly from brick-and-mortar shopping to online shopping, and expanding online shopping in its own right. E-commerce now represents a high-growth sector. Though relatively new to online shopping, Chinese consumers already make up for almost half of global online retail sales, and are only growing in numbers. Online retail sales amounted to $581. 61 billion in 2015, surging 33. 3% from the previous year. The volume of online sales in China now exceeds that in the US, and online sales are expected to grow 20% annually by 2020. Furthermore, online shoppers represent the vanguard of China's growth story, since they tend to be young, urban, and highly educated.
Online shopping market potential indicators of business
The infiltration of technology into consumers' lives has also made e-commerce highly preferable among them. Use of smartphones and social media platforms have brought customers to latest trends in terms of fashion, travel, dining, etc. which encouraged them to use online shopping frequently. Favourable changes in the consumers' mind sets towards online shopping have led to its increased adoption rates, which contributed to the e-commerce market globally. The fastest regional market was Asia Pacific, with China as the dominant player. Rapid urbanization has led to the increased consumers' awareness about the online availability of a broad spectrum of products, which encouraged online shopping among them. North America and Europe have also contributed significantly to the global market, due to the strong logistic networks as well as customer base. Further, the outbreak of COVID-19 has shifted consumers' preferences towards online shopping due to the factor of social distancing, which is playing as a pivotal factor in the growth of the e-commerce market across the world.
- Online shopping market potential indicators 2020
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Online shopping market potential indicators 2019
Statista Digital Market Outlook Fashion is the largest B2C eCommerce market segment and its global size is estimated at US$525. 1 billion in 2019. The market is expected to grow further at 11. 4% per year and reach a total market size of US$1003. 5 billion by the end of 2025. What's included? All relevant Fashion eCommerce data, including market size & forecasts for the next five years Regional development with the focus regions & countries: U. S., China, Germany, UK, France, Spain, Italy and Europe as a region Key players and shop analysis Trends and market developments Description Content Tables The report covers the eCommerce Fashion segment which contains Clothing, Shoes and Bags & Accessories which are sold via a digital channel, e. g. desktop computer or mobile device, to an end user. Users represent the people who bought at least one Fashion item in the last 12 months. Well-known online shops for Fashion products are, oder as well as marketplaces like Offline sales, sales from customer-to-customer (resale), for example on marketplaces like ebay, or from business-to-business are not included.
Geographically, it is analyzed across North America (U. S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (India, China, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Key players operating in this market are AmazonFresh, LLC, Koninklijke Ahold Delhaize N. V., Fresh Direct, LLC, mySupermarket Limited,, Inc., Walmart Stores, Inc., Safeway, Inc., ShopFoodEx, Schwan Food Company, and My Brands Inc. POTENTIAL BENEFITS FOR STAKEHOLDERS: The study provides an in-depth analysis of the online grocery market to elucidate the imminent investment pockets. Current trends and future estimations are outlined to determine the overall market potential and to single out profitable trends to gain a stronger market foothold. The report provides information about key drivers, restraints, and opportunities with a detailed impact analysis. Quantitative analysis of the market from 2015 to 2022 is provided to showcase the financial competency.
Online shopping market potential indicators meaning
They have a different attitude toward shopping than older generations, which were shaped as savers by more challenging political and economic circumstances. Younger shoppers are more willing to spend. Compared to brick-and-mortar retailing in China, e-commerce sales often experience fewer licensing requirements and quicker customs clearance. As a result, e-commerce is to some extent replacing shopping in physical marketplaces, and will comprise 42% of growth in private consumption by 2020 according to Boston Consulting and AliResearch. For this reason and others, hypermarkets such as Carrefour and Walmart have shut down a number of stores. Online shopping also allows consumers to access products that are not available in stores, including organic foods and some luxury products from overseas. As consumers in Tier 1 and Tier 2 cities (think Beijing, Shanghai, but also Chongqing and Chengdu) become increasingly savvy online shoppers, there continues to be large potential for online sales particularly in Tier 3 and 4 cities.
Online shopping market potential indicators of quality
Scope of the report: The report provides a comprehensive analysis of the global e-commerce market. The major regional markets (Asia-Pacific, North America, Europe and ROW), along with the country coverage of China, Japan, South Korea, the U. S., the U. K., Germany, France, Spain and Italy have been analyzed. The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth. The competitive landscape of the market, along with the company profiles of leading players (Walmart,,, Alibaba Group, eBay and Zalando) are also presented in detail. Key Target Audience: Online Retailers Raw Material Suppliers Logistic Partners End Users (Businesses & Customers) Investment Banks Government Bodies & Regulating Authorities Please note: 10% free customization equates to up to 3 hours of analyst time.
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