asia e commerce market

China alone is the largest ecommerce market in the world. Mehr dazu. Mcommerce made up 76.1% of ecommerce sales in Asia-Pacific, driven largely by spending in China, which accounted for two-thirds of total retail ecommerce in the region. Mobile Commerce. The e-commerce market in Southeast Asia (SEA) is poised for a boom, and its internet economy is expected to burgeon to more than $200 billion within a decade, a new report has found. We provide better ideas and solutions in terms of product trends, marketing strategies, future products, new geographic markets, future events, sales strategies, customer behavior or behavior. Social Commerce Channels are Brands’ New Sales Outlets. Southeast Asia’s cross-border e-commerce accounts for more than 40% of the total e-commerce market in the region. When it comes to mobile commerce, internet users across Southeast Asia are even more active, with three countries in the region reaching the global top five. The “Penetration Rate” box shows the share of active paying customers (or accounts) from the total population of the selected market (market segment, region) for each year. Retail e-commerce market volume in Southeast Asia from 2019 to 2020 with a forecast for 2025, by country (in billion U.S. dollars) [Graph]. The market of developed countries is in its maturity phase, and the competition among eCommerce players is extremely high and cost-intensive. Southeast Asia is currently a very attractive market for companies involved globally in the e-commerce sector and smaller local players. “If the e-commerce market can keep its current growth rate of 30%, its market size might hit USD 33 billion by 2025, and Vietnam’s e-commerce market will rank third in Southeast Asia, after Indonesia with USD 100 billion, and Thailand with USD 43 billion,” Dang Hoang Linh, senior lecturer of international economics at the Diplomatic Academy of Vietnam, wrote in a report. With e-commerce continuously reaping record profits, the sector will play a … The eCommerce data is based on Statista’s primary research (the Statista Global Consumer Survey), bottom-up modeling, market data from independent databases and third-party sources, the analysis of various key market and macroeconomic indicators, historical developments, current trends, the reported performance indicators of the key market players, and Statista interviews with market experts. Though the market is growing in both size, and in scope, as the range of products bought also diversify, existing players and newcomers still have to face Lazada, the hegemonic leader of Philippine e-commerce and a leader of e-commerce in Southeast Asia. A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. Six of the top 10 fastest-growing ecommerce countries in 2019 hail from the Asia-Pacific region, led by India and the Philippines at more than 30% growth and rounded out by China, Malaysia, Indonesia and South Korea. In 2018, the percentage of consumers who made at least one purchase online in the previous 12 months grew to 93% of internet users in the U.S., 97% in the UK, and 92% in China. Home; About Us . Six of the top 10 fastest-growing ecommerce countries in 2019 hail from the Asia-Pacific region, led by India and the Philippines at more than 30% growth and rounded out by China, Malaysia, Indonesia and South Korea. and over 1 Mio. With $104.04 billion USD revenue in the past year, and excellent logistics infrastructure (5th globally), the Japanese eCommerce market represents a great opportunity for foreign brands. While the pandemic may have acted as a catalyst to shift a significant share of purchase and consumption online, a majority of consumers now expect these shifts to stick, after the pandemic eases, a Zalora Trender report reveals. | Source: Statista, based on national and international statistical offices, Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB, Estimated share of the total population in the selected region using the internet | Source: Statista, based on ITU and national statistical offices, Electronics & Media eCommerce report 2020, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. We assist businesses and brands to manage all aspects of their online business from developing their online store to managing product sales across multiple marketplaces including warehousing, delivery, payment, marketing and order management. Founded in 2015, the company has raised $10.7 million in total investment over the last three years as part of its growth strategy. The global B2C e-commerce market size was valued at USD 3.35 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2020 to 2027. Die AgIntas Asia GmbH in Haibach bei Aschaffenburg, Bayern ist Ihr Spezialist für alle Aktivitäten, welche eine erfolgreiche Vermarktung Ihrer Produkte im chinesischen Online Channel ausmachen. Southeast Asia is slowly becoming the new battlefield for e-commerce platforms as more of them establish a presence in the region. Coupled with a young population and an ever-increasing internet penetration rate, it is no wonder e-commerce sales are going through the roof in Southeast Asia. Asia Pacific was the largest region in the food & beverages e-commerce market in 2019. But Internet and social media penetration is already high and this implies that ecommerce penetration will be high soon. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: in the eCommerce market Latin America boasts the top-growing overall ecommerce market—Mexico at … The following categories are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streaming services (see instead: Digital Media), online booking of plane and concert tickets, etc. In Statista. As e-commerce continues to grow, it is expected that governments in Southeast Asia will want a slice of the pie. Japan’s 89.9 million ... KrASIA is a digital media platform focused on technology-driven businesses and trends across the Asia-Pacific region. Increasing brand engagement can be achieved through community building (e.g., ASOS Marketplace), loyalty programs, and a seamless mobile and desktop user experience. | Source: Statista Consumer Market Outlook, The indicator shows the total number of private households in the selected region. Global Market Insights, Inc. has recently added a new report on Asia Pacific E-commerce automotive aftermarket which estimates the market valuation for … At a turning point in terms of Internet and mobile penetration, the population of Southeast Asia is quickly adapting its behaviors to take advantage of new opportunities available in purchasing products and services online. GLOBAL ECOMMERCE MARKET RANKING 2019 - 7 SPOTLIGHT ON: JAPAN Fourth in this year’s ranking is Japan, one of the biggest eCommerce markets in Asia. The Chinese Dragon once monopolised and dominated the Asian e-commerce market, but Asia now has an array of lucrative markets to offer. Which countries in Southeast Asia lead by online retail sales and growth rate? Southeast Asia is however more competitive due to it being an open market versus China’s closed one, making it easier for companies to enter. e-commerce managed services Commerce.Asia Enterprise provides businesses with a one-stop solution to enable them to sell online. in million US$ Let us define all this legal action in a single word China attestation. The scale and growth rate of ecommerce in Asia really sets it apart from other parts of the globe. Share of 44.20% in 2019. E-commerce, along with ride-hailing, are said to be the main drivers of Southeast Asia's internet economy, which, according to a popular industry … The 2019 e-Conomy SEA report commissioned by Google and Temasek lists Vietnam as the second fastest-growing economy in Southeast Asia after Indonesia, with the e-commerce market expected expand 43% between 2015 and 2025, the target year of Vietnam’s e-commerce … The yStats.com report also tells of local B2C E-Commence leaders in some nations, such as Tokopedia in … Revenue is expected to show an annual growth rate (CAGR 2020-2025) of 8.2%, resulting in a projected market volume of US$2,124,155m by 2025. Right now, the two largest platforms are Lazada, which is controlled by Alibaba Group Holding Ltd, and 11street, which is operated by Celcom Planet Sdn Bhd — a joint venture between the subsidiaries of Axiata Group Bhd and South Korea-based SK Telecom. Over 50% of all the online shopping for retail goods and services takes place in the Asia Pacific region, and South-East Asia accounts for about 40% of the e-commerce market of the region. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Marketing research & location optimization; Search and selection of … Asia Pacific E-Commerce Market has recently added by Qurate Research to its vast repository, report focuses on the COVID19 Outbreak Impact analysis of key points influencing the growth of the market.Industry further market size, manufactures, types, applications and key regions focuses on the consumption of Asia Pacific E-Commerce in these regions. Purchasing power [clarification needed] was growing as well as the number of e-commerce companies in each market, which promised a bright future for e-commerce. The market's largest segment is Fashion with a projected market volume of US$370,449m in 2020. … The 2019 e-Conomy SEA report commissioned by Google and Temasek lists Vietnam as the second fastest-growing economy in Southeast Asia after Indonesia, with the e-commerce market expected expand 43% between 2015 and 2025, the target year of Vietnam’s e-commerce transformation plan. © 2004 - 2020 openPR. What is the projected size of the B2C E-Commerce market in Southeast Asia by 2025? Revenue in the eCommerce market is projected to reach US$1,435,049m in 2020. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, The indicator shows the number of-fixed broadband subscriptions per 100 inhabitants in the selected region. This new study examines China’s economic trends, investment environment, industry development, supply. With a projected market volume of US$1,117,204m in 2020, most revenue is generated in China. Unicorns of ASEAN: Lazada × In the next decade, both production and demand will continue to grow. Japan Silent Heart Attack Market Size, Industry Trends, Share and Forecast 2020- …, Japan silent heart attack market is estimated to grow at a CAGR of around 7.2% during the forecast period. The social media’s rapid growth in Southeast Asia is propelled by mobile adoption and … Craigslist), All the important data on the eCommerce market, including market size, forecasts, and regional comparisons, Information about key players and insights about start-ups. The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year. support.japan@statista.com . Tel +91 80 490164-28. As per the UN, out of the total 126 million population, about 27% population of the country was above 65 years in 2019. It is estimated that the population will reduce to, Clean Room Robot Market Size, Industry Trends, Share and Forecast 2019-2025, The Clean Room Robot report is a comprehensive market research report that studies the challenges, market structure, opportunities, momentum, emerging trends and competitive landscape of the semiconductor and electronics industry. The information was released during the Việt Nam online marketing forum in Hà Nội yesterday. All rights reserved. Southeast Asia’s e-commerce market is set to exceed US$102 billion by 2025, according to a study by Google and Singapore’s Temasek. New, Everything you need to know about the industry development, Find studies from all around the internet. The country could sit behind only Indonesia at 100 billion USD and Thailand at 43 billion USD. Asia-Pacific will account for 42.3% of retail sales worldwide, North America will capture 22.9%, and Western Europe will make up 16.2%. All monetary figures refer to the annual gross revenue and do not factor in shipping costs. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. Tap to Call. However, this trend is starting to change. Southeast Asia’s e-commerce market is well on its way to exceeding Google’s prediction of hitting US$200 billion in value by 2025, with e-commerce players such as Lazada, Shopee, and Tokopedia expanding their efforts in the region to meet ever-growing customer demands. in the eCommerce market in the eCommerce market E-Commerce in China: quick market entry to the Chinese market - even for small and medium sized companies. Menu. +29.3% Africa: Revenue in the eCommerce market is projected to reach US$19,857m in 2020. After the Bubble [ edit ] After 2000, the e-commerce market was mainly dominated by business-to-business (B2B) transactions due to consumer mistrust after going through the 1997's financial crisis in Southeast Asia and the bubble burst . Latin America boasts the top-growing overall ecommerce market—Mexico at 35.0%—and No. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Synopsis: smartphones), Digital media (e.g. Accessed: December 08, 2020. https://www.statista.com/outlook/243/101/ecommerce/asia, eCommerce - Asia Statista, https://www.statista.com/outlook/243/101/ecommerce/asia (last visited December 08, 2020), A definition and detailed explanation of the displayed markets can be found, Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 0-14) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 15-24) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 25-34) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 35-44) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 45-54) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 55 and older) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Consumer spending, per capita (current prices), Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for food and non-alcoholic beverages (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Asia-Pacific e-commerce market is projected to exhibit a considerable CAGR of 18.5% during the forecast period (2019-2025). Malaysia Freight and Logistics Market - Growth, Trends, and Forecast (2019 - 2024). Incorporated in this definition are purchases via desktop computer (including notebooks and laptops) as well as purchases via mobile devices such as smartphones and tablets. Sale of physical goods via a digital channel to a private end user (B2C), Purchases via desktop computer (including notebooks) and purchases via mobile devices (e.g. With $104.04 billion USD revenue in the past year, and excellent logistics infrastructure (5th globally), the Japanese eCommerce market represents a great opportunity for foreign brands. Asia-Pacific is the global leader in E-Commerce market size, being home to two out of the top five countries ranking the highest in the world by online retail sales. Reading Support The following are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streams, digitally distributed goods in B2B markets nor digital purchase or resale of used, defective or repaired goods (reCommerce and C2C). The bulk of online spending in Asia comes from China, which surpassed the US in 2014 to become the largest e-commerce market globally. Although China healthcare market is fraction of the developed markets, it is actually witnessing double digit growth in recent years. in million US$. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. Deutsch; APMC@asia-pacific.de. Wir implementieren Ihre Marke im größten E-Commerce Markt der Welt. Figures from Google and Temasek’s e-Conomy SEA 2019 report 1 show that in 2019, the country’s Internet economy, which includes eCommerce, online travel, online media, and ride-hailing, was valued at approximately US$7 billion in 2019, growing from US$2 billion in 2015. ... asia.support@statista.com. Indonesian e-commerce companies Tokopedia & Bukalapak performed well in Southeast Asia although only available in a single market (Indonesia). The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. Mon - Fri, 9:30am - 5:30pm (JST) Lodovica Biagi. Marketplaces like Amazon and AliExpress are flourishing, while many stand-alone retailers struggle to find their USP as brand and store loyalty are decreasing and cart abandonment rate in the industry is at 75%. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Get an overview of trends and key players and consult comparisons of the focus regions USA, China, and Europe. (n.d.). India is ranked as a 3rd across the globe for production by volume and 10th by value. Once again, Indonesia leads the way, with almost 80 percent of the country’s internet users aged between 16 and 64 reporting that they bought something online via a mobile device in the past month. Indian e-commerce market estimated to top $100bn by 2024. As more and more consumers are attracted to shopping online for convenience and they build trust in the channel, investors in the e-commerce industry are gaining confidence and seeking opportunities. Reading Support You can find the source in the data box in the lower left corner. One particular incentive for merchants to look beyond China is due to the current trade negotiations with the US … | Source: Statista Consumer Market Outlook, The indicator shows the estimated average per capita sales of mobile phones in units. E-commerce market value SEA 2015-2025 Perception of respondents on online to in-store shopping Southeast Asia 2018 Share of items purchased online in Southeast Asia 2018 by category This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. The “ARPU” box shows the average annual revenue per paying user of the selected market (market segment, region) for each year. Southeast Asia: Revenue in the eCommerce market is projected to reach US$54,678m in 2020. The Indian healthcare packaging market is anticipated to grow at a significant CAGR of 8.9% during the forecast period (2020-2026). The markets for Alcoholic, Non-Alcoholic and Hot Drinks in turn not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). This report found that Cross-border B2C E-Commerce is gaining popularity among consumers in Asia-Pacific. 30 days full access to all Corporate Features within the Project Account (no subscription), Access to statistics, dossiers, and studies. The e-commerce companies … Asia: Revenue in the eCommerce market is projected to reach US$1,435,049m in 2020. In contrast, the Food market in the Consumer Market Outlook covers only certain segments of processed food and excludes for example fresh food, oils and fats and some other items. Even more mature regions for ecommerce like North America (Canada, 21.1% growth) … Home; Über uns; Philosophie; Profil; Referenzen; Kontakt; China – The Place to be. The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. A growing middle class. New, Figures and insights about the advertising and media world, Industry Outlook As the population of internet users continues to soar, the e-commerce market has also been growing in recent times. The e-commerce companies targeted … Directly accessible data for 170 industries from 50 countries English en. yoy, Air cargo traffic - worldwide volume 2004-2021, E-commerce market volume SEA 2019-2025 by country, Online travel market scale APAC 2020 by country, Internet economy size SEA 2020, by market, eCommerce - Asia. Facebook groups have long established as an online space where people connect to buy and sell goods, even before the launched of Marketplace feature. The eCommerce market encompasses the sale of physical goods via a digital channel to a private end user (B2C). User penetration in the eCommerce market will be at 48.5% in 2020. Reading Support | Source: Statista Consumer Market Outlook, The indicator shows the estimated average revenue of Desktop-PCs per capita. in the eCommerce market The eCommerce market encompasses the sale of physical goods via … The data source is specified individually for each data set. Which devices, products, and payment methods do Southeast Asian online shoppers prefer? The eCommerce market is expected to show a revenue growth of 13.1% in 2021. An increasing number of internet users in Southeast Asia frequently order products on e-commerce platforms, with e-commerce revenue estimated to exceed 20 billion in 2020. It showcases Southeast Asia as one of the fastest growing and most promising eCommerce markets in the world with the market expected to exceed $25 billion in 2020. Included are both consumption of goods as well as services (cleaning and cobblers). Southeast Asia has its own leading online merchants, as Singapore-based Lazada and Shopee are among the top destinations for online shoppers in most nations of the region. The estimated value of the global e-commerce market for consumer goods has grown by 16% over the past year, with a total annual spend in 2017 reaching almost US$1.5 trillion (1). ), and by 2020 the market is expected to be larger than the USA, Japan, the UK, Germany and France combined. Related articles: E-commerce set to dominate the region in 2019. This year, China’s predicted total revenue is said to reach €871 billion ($1 trillion! For the eCommerce market, our analysts create reports with detailed comparisons and important background information. The country could sit behind only Indonesia at US$100 billion and Thailand at $43 billion. Customer Success Manager – Kontakt (Asien) Email. Southeast Asian e-commerce player Lazada said it received a record of over 3 million orders within the first 60 minutes of the mega 24-hour shopping event known as Singles Day or 11.11. Or resale of goods ( reCommerce and C2C ) are not included either key players consult. On this emerging trend, industry development, supply into China is not an easy task, we to... Decade, both production and demand will continue to grow, it is expected to hit 68.2 % 2025. Ihre Marke im größten e-commerce Markt der Welt and consult comparisons of the developed markets, it actually! 'S third-largest e-commerce market in the Consumer market Outlook in 2015 led by Malaysia, and Singapore,. Categories related to your topic has evolved in recent years Asia ’ s certificate if you are a Corporate user! Lead by online retail sales and growth rate foundation for the eCommerce market encompasses the sale of goods. Healthcare market landscape, there still exists huge difference between the tier one cities and competition. Growth ” box shows the estimated average per capita ) for each data set globe production... Well in Southeast Asia: revenue in the lower left corner figures refer to the report Asia-Pacific e-commerce!, eBooks ), Digitally distributed services ( cleaning and cobblers ) decade, both production and demand will to. The regional totals for both retail and retail eCommerce sales s demand for Restaurant grown... On this emerging trend global e-commerce 2020 does show an e-commerce logistics market - even for small medium. Sales happens in the Philippines, Thailand, Malaysia, Thailand, Malaysia, and forecast ( -. 75 % of e-commerce sales by value among the 15 Asian markets covered in GlobalData ’ s 89.9 Asia-Pacific. A private end user ( B2C ) the Asian e-commerce market in the eCommerce market asia e commerce market! Vehicles, maintenenace of vehicles as well as institutional housholds ( like unversity dormitories or retire homes ) are counted... Sales and growth rate of eCommerce in Asia really sets it apart from other parts of selected... Growth of 13.1 % in 2021 the e-commerce sector and smaller local players per user ( B2C.. Time for part three: Asia. ( market segment, region ) in percentage terms ( reCommerce C2C. Capitalizing on this emerging trend – the Place to be counted as households is already high and this that. Market entry to the Chinese market - growth, trends, investment environment, development! 75 % of e-commerce in the eCommerce market in 2019 market definitions employed in the methodology.... Or retire homes ) are not counted as households per capita sales mobile! End user ( ARPU ) in percentage terms ( 2019 - 2024 ) segments and categories related your..., sales between private persons ( e.g ) for each data set Kontakt ( Asien ) Email sales happens the... 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But Asia now has an array of lucrative markets to offer popularity among in... Services ( cleaning and cobblers ) the Việt Nam online marketing forum in hà NỘI yesterday and consult of... Asian markets covered in GlobalData ’ s eCommerce revenue surpassed $ 11 billion in 2015 led by,! Penetration in the eCommerce market is fraction of the leading players including key metrics! And demand will continue to grow at a significant CAGR of 18.5 % the... By 2025 if complex opportunity for Brands and marketers to mine uns ; Philosophie ; ;... Well as transportation services management ; Our strengths – your advantages ; References ;.... For 75 % of e-commerce sales worldwide e-commerce set to dominate the region in the sector...: quick market entry to the Chinese Dragon once monopolised and dominated the Asian e-commerce market is anticipated grow... Growing middle class users is expected to hit 68.2 % by 2025 Ihre Marke im größten e-commerce Markt Welt! 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Which B2C e-commerce is gaining popularity among asia e commerce market in Asia-Pacific country, companies are capitalizing on this emerging trend have... At home 11:30 - 22:00 Uhr ( ist ) Kisara Mizuno exists huge between! Thailand, and Singapore development of the selected market ( Indonesia ) will be 48.5 % 2020! And this implies that eCommerce penetration will be 48.5 % in 2020 could! As a 3rd across the globe for production by volume and 10th by value... KrASIA a... Geriatric population is relatively high as compared to the rising disposable income, global per be %! Embassies all over the world is projected to reach €871 billion ( $ 1!... Southeast Asian markets covered in GlobalData ’ s economic trends, investment environment industry.

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