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Global Cross-Border B2C E-Commerce Market Share, Size: By Category: Apparel and Accessories, Food and Beverage, Consumer Electronics, Home Furnishing, Personal Care and Beauty, Healthcare and Nutrition, Others; By Offering: In-house Brands, Assorted Brands; By Payment Method; Regional Analysis; Competitive Landscape; 2024-2032
Global Cross-Border B2C E-Commerce Market Outlook
The global cross-border B2C e-commerce market size reached approximately USD 1.01 trillion in 2023. The market is estimated to grow at a CAGR of 23.1% in the forecast period of 2024-2032, reaching a value of around USD 6.72 trillion by 2032.
Key Trends in the Market
Cross-border B2C e-commerce refers to the online purchase and sale of products on e-commerce apps, websites, and social media across worldwide borders. This platform offers the facility of direct sales of products and services from businesses to consumers without the requirement of a middleman.
- The burgeoning popularity of social commerce due to the rising demand for a convenient and frictionless shopping experience is one of the key cross-border B2C e-commerce market trends. Social media platforms offer the provision of direct communication between brands and customers, which strengthens customer relations.
- The emergence of new payment methods such as mobile and cryptocurrency wallets integrated with biometric and encryption technology, which offers advanced security and speed, is also a crucial trend aiding the market expansion.
- Several market players are also incorporating localisation strategies to display the website in the local language of international shoppers for their convenience, which further provides impetus to the cross-border B2C e-commerce market growth.
- The integration of advanced technologies such as artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) in cross-border e-commerce platforms to enhance customer interaction through chatbots and offer features like virtual try-ons before purchase is aiding the market growth.
Market Analysis
Based on category, the market is divided into apparel and accessories, food and beverage, consumer electronics, home furnishing, personal care and beauty, and healthcare and nutrition, among others. The cross-border B2C e-commerce market segmentation, on the basis of offering, includes in-house brands and assorted brands.
Based on payment method, the market is classified into digital wallets, credit/debit cards, and internet banking, among others. The major regional markets of cross-border e-commerce are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the cross-border B2C e-commerce market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Amazon.com, Inc.
- eBay Inc.
- Alibaba Group Holding Limited
- JD.com Inc.
- SIA Joom
- BoxMe Global
- Shopify Inc.
- Fruugo.com Ltd.
- Lazada Group
- Shopee Singapore Private Limited
- Others
Market Share by Payment Method
As per the cross-border B2C e-commerce market analysis, credit/debit cards occupy a sizeable portion of the market share, owing to their widespread acceptance across the world. International payment solutions such as PayPal and WorldPay, among others, are integrating credit and debit cards into their applications to ease the convenience for customers.
Meanwhile, digital wallets are expected to witness robust growth in the forecast period, due to the increased launch of multi-currency digital wallets across the world.
Market Share by Region
The Asia Pacific accounts for a significant portion of the global cross-border B2C e-commerce market share due to the rapid growth in population and increased penetration of the internet in the region. The rise in disposable income, coupled with the economic growth of developing countries, also provides a positive market outlook.
The growing trade relations between different countries also facilitate the market for e-commerce platforms in the region. Additionally, North America is expected to gain substantial growth in upcoming years as the high price level index of the region enables customers to purchase products from other countries at inexpensive prices.
Competitive Landscape
Amazon.com, Inc. is a global e-commerce company, incorporated in 1994 and based in Washington, the United States. The company is customer-centric and aims to improve its products and services to provide a better customer experience.
eBay Inc., established in 1995, is a multinational e-commerce corporation, with its headquarters in California, the United States. The corporation connects millions of sellers and buyers from across the world through its platform.
Alibaba Group Holding Limited, founded in 1999 and headquartered in Zhejiang, China, is a major retail and e-commerce company. It aids small and medium enterprises with global sales through its e-commerce platform.
Other cross-border B2C e-commerce market players include JD.com Inc., SIA Joom, BoxMe Global, Shopify Inc., Fruugo.com Ltd., Lazada Group, and Shopee Singapore Private Limited, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Category |
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| Breakup by Offering |
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| Breakup by Payment Method |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Cross-Border B2C E-Commerce Market Analysis
8.1 Key Industry Highlights
8.2 Global Cross-Border B2C E-Commerce Historical Market (2018-2023)
8.3 Global Cross-Border B2C E-Commerce Market Forecast (2024-2032)
8.4 Global Cross-Border B2C E-Commerce Market by Category
8.4.1 Apparel and Accessories
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Food and Beverage
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Consumer Electronics
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Home Furnishing
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Personal Care and Beauty
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Healthcare and Nutrition
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 Global Cross-Border B2C E-Commerce Market by Offering
8.5.1 In-house Brands
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Assorted Brands
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Cross-Border B2C E-Commerce Market by Payment Method
8.6.1 Digital Wallets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Credit/Debit Cards
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Internet Banking
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Cross-Border B2C E-Commerce Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Cross-Border B2C E-Commerce Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Cross-Border B2C E-Commerce Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Cross-Border B2C E-Commerce Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Cross-Border B2C E-Commerce Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Cross-Border B2C E-Commerce Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Amazon.com, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 eBay Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Alibaba Group Holding Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 JD.com Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 SIA Joom
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 BoxMe Global
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Shopify Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Fruugo.com Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Lazada Group
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Shopee Singapore Private Limited
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Cross-Border B2C E-Commerce Market: Key Industry Highlights, 2018 and 2032
2. Global Cross-Border B2C E-Commerce Historical Market: Breakup by Category (USD Trillion), 2018-2023
3. Global Cross-Border B2C E-Commerce Market Forecast: Breakup by Category (USD Trillion), 2024-2032
4. Global Cross-Border B2C E-Commerce Historical Market: Breakup by Offering (USD Trillion), 2018-2023
5. Global Cross-Border B2C E-Commerce Market Forecast: Breakup by Offering (USD Trillion), 2024-2032
6. Global Cross-Border B2C E-Commerce Historical Market: Breakup by Payment Method (USD Trillion), 2018-2023
7. Global Cross-Border B2C E-Commerce Market Forecast: Breakup by Payment Method (USD Trillion), 2024-2032
8. Global Cross-Border B2C E-Commerce Historical Market: Breakup by Region (USD Trillion), 2018-2023
9. Global Cross-Border B2C E-Commerce Market Forecast: Breakup by Region (USD Trillion), 2024-2032
10. North America Cross-Border B2C E-Commerce Historical Market: Breakup by Country (USD Trillion), 2018-2023
11. North America Cross-Border B2C E-Commerce Market Forecast: Breakup by Country (USD Trillion), 2024-2032
12. Europe Cross-Border B2C E-Commerce Historical Market: Breakup by Country (USD Trillion), 2018-2023
13. Europe Cross-Border B2C E-Commerce Market Forecast: Breakup by Country (USD Trillion), 2024-2032
14. Asia Pacific Cross-Border B2C E-Commerce Historical Market: Breakup by Country (USD Trillion), 2018-2023
15. Asia Pacific Cross-Border B2C E-Commerce Market Forecast: Breakup by Country (USD Trillion), 2024-2032
16. Latin America Cross-Border B2C E-Commerce Historical Market: Breakup by Country (USD Trillion), 2018-2023
17. Latin America Cross-Border B2C E-Commerce Market Forecast: Breakup by Country (USD Trillion), 2024-2032
18. Middle East and Africa Cross-Border B2C E-Commerce Historical Market: Breakup by Country (USD Trillion), 2018-2023
19. Middle East and Africa Cross-Border B2C E-Commerce Market Forecast: Breakup by Country (USD Trillion), 2024-2032
20. Global Cross-Border B2C E-Commerce Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1.01 trillion.
The market is projected to grow at a CAGR of 23.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 6.72 trillion by 2032.
The major market drivers are the proliferation of smartphones, the growth of m-commerce or mobile commerce, and the availability of a wide selection of products on online channels.
The key trends of the market include the burgeoning popularity of social commerce, the emergence of new payment methods such as mobile and cryptocurrency wallets into cross-border e-commerce, and the advent of advanced technologies such as AI, augmented reality (AR), and virtual reality (VR) in cross-border e-commerce platforms.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Different offerings are in-house brands and assorted brands.
The key players in the market are Amazon.com, Inc., eBay Inc., Alibaba Group Holding Limited, JD.com Inc., SIA Joom, BoxMe Global, Shopify Inc., Fruugo.com Ltd., Lazada Group, and Shopee Singapore Private Limited, among others.
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