Customers can purchase goods from a seller online through electronic retail, also referred to as e-tail or electronic retail. E-retailing, which includes business-to-business (B2B) and business-to-consumer (B2C) sales of goods and services, can be accessed through a website or mobile application. Global e-retail sales totaled about US$ 2,500 billion in 2018 and are projected to reach US$ 5000 billion by 2022.
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The industry concentration ratio and the most recent developments for the market share are shown using tables, figures, graphs, and charts. The report covers product classification, application areas, and geographic regions to explain the perception and scope of the market. Both quantitative and qualitative data from primary and secondary statistical sources are included in the study. This report offers detailed support for businesses and people interested in the market by providing important statistics on the state of the industry. Enhancing the fundamental leadership capabilities of clients and new players in the industry is one of the main objectives of this report.
Top Key Players:
Amazon, Target Corporation, Walmart Inc., Flipkart Pvt. Ltd., eBay Inc., JD.com, Alibaba Group, Rakuten, Newegg, HM, Ikea, Zalando SE, and others are major players in the global e-retail market.
The Regional Evaluation
Between 2017 and 2025, there will likely be an increase in the percentage of people using mobile devices to access the internet, from 43% to 61%. The e-retail market will expand significantly in the North American region during the forecast period. This is due to the existence of Amazon, one of the biggest online retailers in the area. Additionally, it is estimated that 51% of Americans prefer to shop online, which is supported by the fact that over 73% of Americans used a mobile device to access the internet in 2018. The online e-retail market is rapidly expanding in the Asia Pacific region, particularly in China and India. The size of the Indian e-retail market, its propensity to adopt Western culture, and government initiatives like 100% FDI are all contributing factors to its rapid growth.
The "E-Retail Market" by Fortune Business Insights is a comprehensive analysis of the market that spans over 60 geographies and offers high-level market segmentation for each one. In the section on regional and national breakdowns, the market in each geography is examined, along with market size by region and nation. It also evaluates the market's past and projected growth, highlights significant trends, and discusses corporate expansion strategies.
Segmentation of the Global E-Retail Market
By Type:
- Marketplace
- Third-party e-retailers
- Own website
By product category:
- Clothing and Footwear
- Accessories
- Home Appliances
- Food and Personal Care
- Furniture and Home Decor
By Region
- North America (the US and Canada)
- Europe (the United Kingdom, Germany, France, Italy, Spain, Scandinavia, and the rest of Europe)
- Asia Pacific (including Japan, China, India, Australia, Southeast Asia, and the remaining countries in the region)
- South America (including Brazil, Mexico, and the rest of South America)
- Europe, Asia, and Africa (South Africa, GCC, and the Rest of the Middle East and Africa)
The study examines several crucial elements to comprehend the market, such as the most recent market dynamics, growth potential, development trends, market challenges, development threats, and risk factors. The information is easy to understand thanks to this comprehensive market overview. In addition to offering short- and long-term market forecasts, the study provides an analytical stance on the pertinent global market sector.
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The report considers the following significant parameters:
- Size of the global market (in terms of both value and volume), by important business segments, and by promising and developing regions
- Trends that could influence the market
- Options and preferences of consumers, as well as the landscape of vendors and suppliers
- Opportunities for growth that are anticipated during the forecast period
- Problems and restrictions faced by the industry
- Dynamic and trending patterns of consumer spending
- Additional advancements
The Report Responds to the following Frequently Asked Questions
- How much money is made on the market globally through sales, production, and consumption?
- Who are the leading manufacturers in the Market globally?
- Which goods/market segments/applications/fields should I invest in during the market assessment period?
- What challenges and opportunities do global market vendors face?
- What are the main market trends that are influencing the market's expansion?
- How big is the market at the national and regional levels?
- What are the main effects predicted by Porter's five forces model?
- What tactical approaches are thought to be advantageous for entering the market?
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