This is anticipated to create lucrative growth opportunities over the forecast period. China Cross-border e-commerce platforms have been expanding rapidly and have gradually been replacing the traditional models such as haitao or daigou (people buying a product tax-free overseas and then re-selling it in the local market). There are several reasons such as varied product pricing and, differentiation, quality, shipping options, and payment methods that enable a consumer to buy a … What is Cross-border E-commerce? (The free sample of this report is readily available on request). Cross-Border B2C E-Commerce Market Is Expected To be Worth Around USD 4,856.1 Billion By 2027 – ZMR October 15, 2020 GMT Global cross-border B2C e-commerce market expected to reach around USD 4,856.1 billion by 2027, growing at a CAGR of 27.4% between 2019 and 2027 Cross-border e-commerce occurs when a consumer chooses to buy a product from an online seller located in another country. Advanced e-commerce technologies subtract marketing costs which have developed the target market. Among these regions, Europe is anticipated to be the dominating region over the forecast period due to the increasing number of online buyers. Please verify your address ( ) — click the link in your verification email. German Zalando is followed by British Fruugo, Asos and Farfecth marketplaces. Based on end-user, the market is classified into adults, teenagers/millennials, senior citizens, and others. Global Cross-Border B2C E-Commerce market in 2019 was approximately USD 780 Billion. The digital wallets category is predicted to hold the highest share as this payment method is utilized most. Europe Cross-border E-commerce market is projected to witness a high growth driven by the high population and increasing penetration of internet and mobile phones, and efficient logistics in the region. Among these regions, Europe is anticipated to be the dominating region over the forecast period due to the increasing number of online buyers. Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. Ask our sales team for report customization. ), Cross-Border B2C E-Commerce Market: Regional Analysis. Browse the full “Cross-Border B2C E-Commerce Market By Category (Entertainment & Education, Apparel & Accessories, Consumer Electronics, Home Furnishing, Personal Care & Beauty, Healthcare & Nutrition, Footwear, Food & Beverage, and Others), By Payment Method (Digital Wallets, Credit/Debit Cards, Internet Banking, and Others), By Offering (In-House Brands and Assorted Brands), and By End-User (Adults, Teenagers/Millennial, Senior Citizens, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/cross-border-b2c-e-commerce-market-by-category-852. All rights reserved. Follow Us LinkedIn:https://www.linkedin.com/company/fnfresearch, Follow Us Twitter: https://twitter.com/fnfresearch, Browse Our Blog: https://www.investrecords.com | Invest Records, Registration on or use of this site constitutes acceptance of our, Salesforce falls 11% after confirming $27.7 billion Slack acquisition and forecasting slower growth », Countries worldwide are passing laws to kill the gas-powered car — here's who's going all-electric, and when », The growing number of online buyers has propelled the target market growth as well, Target market generated revenue of around USD 560 Billion in 2018, Europe was the major revenue generator in 2018, Apparel & accessories, digital wallets, assorted brands, and adults categories of category, payment method, offering, and end-user segments were the major revenue generators in 2018. Get an Additional List of Market Players, Request a Free Report Brochure: https://www.fnfresearch.com/sample/cross-border-b2c-e-commerce-market-by-category-852, Cross-Border B2C E-Commerce Market: Key Segments Analysis. Apparel & accessories, digital wallets, assorted brands, and adult categories of category, payment method, offering, and end-user segments are estimated to be the leading ones in 2026. Attracted to international brands by price, variety, and security offered in the online shopping experience, Latin Americans are increasingly looking outside their region for myriad goods and services. (The free sample of this report is readily available on request). This statistical dossier takes an in-depth look at the current state of cross-border e-commerce worldwide. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. The Global Cross-border E-commerce Logistics Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. Don't have a Benzinga account? The adult's segment is expected to hold the highest market share owing to the utilization of cross-border B2C e-commerce mostly by adults. According to Kaleido’s new report on B2C Cross-border eCommerce: Market Outlook 2021, regional growth of cross-border sales will outstrip domestic eCommerce growth in all regions. Globalization has accelerated the variety and volume of cross-border transactions in products and services via widespread and rapid diffusion of technology. According to the research study, the global Cross-Border B2C E-Commerce Market size & trends was estimated at USD 780 Billion in 2019 and is expected to reach USD 4,820 Billion by 2026, at 27% CAGR through 2027. By payment method, the market includes digital wallets, credit/debit cards, internet banking, and others. The payment method for cross-border e-commerce involves digital wallets, credit/debit cards, and internet banking. Browse through 34 Tables & 92 Figures spread over 195+ Pages and in-depth TOC on "Global Cross-Border B2C E-Commerce Market Size & Share 2020 Analysis and Forecast to 2027". Eventbrite - Nordic E-Commerce Association presents Cross-border E-Commerce Opportunities for sports brands in China - Tuesday, December 8, 2020 - Find event and ticket information. This is has been driving the global cross-border B2C e-commerce market trends. © 2020 Insider Inc. and finanzen.net GmbH (Imprint). This enables companies to reach dispersed markets. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. There are several categories of cross-border e-commerce such as entertainment & education, apparel & accessories, consumer electronics, home furnishing, personal care & beauty, healthcare & nutrition, footwear, and food & beverage. Southeast Asia’s cross-border e-commerce accounts for more than 40% of the total e-commerce market in the region. The report ensures a 360-degree assessment, bringing out the complete key insights of … Indian sellers have found top markets in the United States, the United Kingdom, mainland Europe and Australia through ebay cross-border e-commerce. Global cross-border B2C e-commerce market expected to reach around USD 4,856.1 billion by 2027, growing at a CAGR of 27.4% between 2019 and 2027. Meanwhile, they are also invigorating the region's digital economy through cross-border e-commerce, including live streaming sales, online shops and sub-applications on mobile devices. ), Read,Cross-Border B2C E-Commerce Industry Press Release, Smart Fleet Management Market:https://www.fnfresearch.com/global-smart-fleet-management-market-by-hardware-tracking-1010, Automotive Blockchain Market: https://www.fnfresearch.com/automotive-blockchain-market-by-application-smart-contracts-supply-1130, eDiscovery Market: https://www.fnfresearch.com/ediscovery-market-by-component-software-hardware-by-deployment-1159, Enterprise Governance, Risk & Compliance Market: https://www.fnfresearch.com/enterprise-governance-risk-compliance-market-by-components-software-1188, Point-of-Sale Terminals Market:https://www.fnfresearch.com/point-of-sale-terminals-market-by-product-fixed-1228. Browse the full "Cross-Border B2C E-Commerce Market By Category (Entertainment & Education, Apparel & Accessories, Consumer Electronics, Home Furnishing, Personal Care & Beauty, Healthcare & Nutrition, Footwear, Food & Beverage, and Others), By Payment Method (Digital Wallets, Credit/Debit Cards, Internet Banking, and Others), By Offering (In-House Brands and Assorted Brands), and By End-User (Adults, Teenagers/Millennial, Senior Citizens, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/cross-border-b2c-e-commerce-market-by-category-852. Cross-border ecommerce has evolved remarkably since our first global survey in 2013, often in line with global trends. Global Cross-border E-commerce Logistics Market Overview. Cross-border e-commerce is expected to witness high growth than the overall e-commerce market, at a global level. • Report Introduction, Overview, and In-depth industry analysis, • Provide Chapter-wise guidance on Request, • Regional Analysis with Graphical Representation of Size, Share & Trends, • Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis, (Note: The sample of this report is updated with COVID-19 impact analysis before delivery). The research study of the global Cross border E commerce Market market provides the market size information and market trends along with the factors and parameters impacting it in both the short and long term. The trade is between a business or retailer or brand and customer. European-based marketplaces have a high market share in the cross border market. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business. Browse through 34 Tables & 92 Figures spread over 195+ Pages and in-depth TOC on “Global Cross-Border B2C E-Commerce Market Size & Share 2020 Analysis and Forecast to 2027”. The cross border e-Commerce market in Korea has been continuously growing in Korea. Globalization has enhanced the volume and variety of cross-border transactions in services as well as products through rapid and widespread diffusion of technology. “With cross-border e-commerce accounting for just 2.2% of the total online retail market, there is significant runway for long-term growth for brands and retailers.” For its part, Alibaba Group last year said it would import $200 billion worth of goods to China by 2023, helping to further drive the trend. The market is expected to grow at a CAGR of 27% and is anticipated to reach around USD 4,820 Billion by 2026. The digital wallets category is predicted to hold the highest share as this payment method is utilized most. Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. This report segments the Cross-Border B2C E-Commerce market as follows: Global Cross-Border B2C E-Commerce Market: By Category Segmentation Analysis, Global Cross-Border B2C E-Commerce Market: By Payment Method Segmentation Analysis, Global Cross-Border B2C E-Commerce Market: By Offering Segmentation Analysis, Global Cross-Border B2C E-Commerce Market: By End-User Segmentation Analysis, Request Customized Copy of Report @ https://www.fnfresearch.com/customization/cross-border-b2c-e-commerce-market-by-category-852, (We customize your report according to your research need. It is also known as online trade between businesses and consumers (B2C), two businesses (B2B), or two consumers (C2C). The 5 th Global Cross-border E-commerce Summit, under the framework “New Tides in Qiantang River, Digital Trends along the Silk Road”, was held on November 24 and 25 in … This has propelled the target market as well. This report segments the Cross-Border B2C E-Commerce market as follows: Global Cross-Border B2C E-Commerce Market: By Category Segmentation Analysis, Global Cross-Border B2C E-Commerce Market: By Payment Method Segmentation Analysis, Global Cross-Border B2C E-Commerce Market: By Offering Segmentation Analysis, Global Cross-Border B2C E-Commerce Market: By End-User Segmentation Analysis, Request Customized Copy of Report @ https://www.fnfresearch.com/customization/cross-border-b2c-e-commerce-market-by-category-852, (We customize your report according to your research need. In addition, advanced e-commerce technologies subtract marketing costs as well as administration expenditures. By offering, the Cross-Border B2C E-Commerce market includes in-house brands and assorted brands. 2019 to 2026. Advanced e-commerce technologies subtract marketing costs which have developed the target market. By creating an account, you agree to theTerms of Service and acknowledge our Privacy Policy. The trade is between a business or retailer or brand and customer. Apparel & accessories, digital wallets, assorted brands, and adult categories of category, payment method, offering, and end-user segments are estimated to be the leading ones in 2026. Follow Us LinkedIn: https://www.linkedin.com/company/fnfresearch, Follow Us Twitter: https://twitter.com/fnfresearch, Browse Our Blog: https://www.investrecords.com | Invest Records, Thank you for subscribing! According to the research study, the global Cross-Border B2C E-Commerce Market size & trends was estimated at USD 780 Billion in 2019 and is expected to … A daily collection of all things fintech, interesting developments and market updates. Cross-border e-commerce is an international online trade. Create one. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. But when we consider markets that are the only operation in Europe, the Zalando brand will rank first. Cross-border e-commerce is an international online trade. ), Cross-Border B2C E-Commerce Market: Regional Analysis. In terms of region, the target Cross-Border B2C E-Commerce market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All of this serves to reduce the trial-and … However, customer data belongs to the marketplace which may prove as a restraining factor over the forecast period. Cross-border eCommerce will witness an average annual growth rate of 14% over the next five years, compared to 9% accounted for by domestic eCommerce spend. Based on end-user, the market is classified into adults, teenagers/millennials, senior citizens, and others. By offering, the Cross-Border B2C E-Commerce market includes in-house brands and assorted brands. A new business intelligence report released by HTF MI with title "Global Cross-border E-commerce Market Report 2019 - History, Present and Future" is … The apparel & accessories are likely to hold the highest market share over the forecast period due to the maximum usage of cross-border B2C e-commerce in terms of apparel & accessories. What’s more—cross-border e-commerce is growing more than double that of domestic e-commerce, at 42% annually through 2021. Disclaimer | Cross-border e-commerce is utilized by adults, teenagers/millennials, or senior citizens. The apparel & accessories are likely to hold the highest market share over the forecast period due to the maximum usage of cross-border B2C e-commerce in terms of apparel & accessories. The platform’s cross border trade business in India has been in operation for more than a decade now. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Europe is anticipated to continue its dominance in 2026 as well. Commerce Policy | Meanwhile, they are also invigorating the region's digital economy through cross-border e-commerce, including live streaming sales, online shops and sub-applications on mobile devices. In terms of region, the target Cross-Border B2C E-Commerce market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Ask our sales team for report customization. Globalization has enhanced the volume and variety of cross-border transactions in services as well as products through rapid and widespread diffusion of technology. The subdued appetite for risky international business expansion from our survey respondents is reflected in these unsettled times. On the basis of category, the cross-border B2C e-commerce market includes entertainment & education, apparel & accessories, consumer electronics, home furnishing, personal care & beauty, healthcare & nutrition, footwear, food & beverage, and others. Singapore-based DBS announced it is the first bank to partner with JD Logistics (JDL), the supply chain and logistics business group of JD.com, to provide supply chain financing to Hong Kong-based small and medium-sized enterprises (SMEs) in the cross-border e-commerce import business. The assorted brand's category is likely to hold the largest market share as these brands hold maximum demand.