Global Cross-Border B2C E-Commerce Market Overview:
Cross-Border B2C E-Commerce is selling products or services via an e-commerce website to buyers overseas. Cross-Border B2C E-Commerce refers to online trading. This online trading is for B2C. Trading between a business (retailer or brand) and a consumer is known as B2C. Cross-Border B2C E-Commerce has gained gigantic momentum in recent years as customers purchase products from outside their borders. Increasing digitization, ease in trading, and consumer preference for online purchasing have to impact the demand for cross-border purchasing in a positive manner. Geographically, North America is witnessing huge demand for Cross-Border B2C E-Commerce which is expected to hold a huge market share followed by Europe and the Asia Pacific regarding emerging markets and industrializations.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Growing Digitisation in Industrial Activities
- Rising Consumer Preference for Online Purchasing
- Increasing Geographical Presence of Online Platforms in Emerging Countries
Roadblocks
- Cross-Border Taxation
- Supply Chain Disruption owing to Covid Pandemic
Opportunities
- Growing Technological Advancements with Machine Learning and AI has Created Growth Opportunities
- Rising Industrial Infrastructure particularly in the Asia Pacific
- Increasing World Trading and Shipments
Challenges
- Hidden Cost of Consumers
- Complications Associated with Currency & its Rate Fluctuation
Competitive Landscape:
The market of Cross-Border B2C E-Commerce is expected to grow with rising online purchasing. Several companies are operating in the market to provide a different number of products and services to a number of industrial setup and consumers. The market is highly fragmented with the presence of several market players.
Some of the key players profiled in the report are Amazon(United States), Walmart (United States), Alibaba (China), Rakuten (Japan), JD Worldwide (China), VIP International (China), Xiaohongshu (China), Tmall Global (China), YMatou (China), WooCommerce (United States) and OpenCart (Hong Kong). Analyst at AMA Research see Chinese Players to retain maximum share of Global Cross-Border B2C E-Commerce market by 2027. Considering Market by Category, the sub-segment i.e. Entertainment & Education will boost the Cross-Border B2C E-Commerce market. Considering Market by Consumer, the sub-segment i.e. Adults will boost the Cross-Border B2C E-Commerce market. Considering Market by Payment Mode, the sub-segment i.e. Digital Wallets will boost the Cross-Border B2C E-Commerce market. Considering Market by Offerings, the sub-segment i.e. In-House Brands will boost the Cross-Border B2C E-Commerce market.
What Can be Explored with the Cross-Border B2C E-Commerce Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cross-Border B2C E-Commerce Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cross-Border B2C E-Commerce
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cross-Border B2C E-Commerce market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cross-Border B2C E-Commerce market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cross-Border B2C E-Commerce Suppliers/Distributors, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.