Cross-Border B2C E-Commerce Market: Rising to New Heights with a Projected Value of USD 3149.68 Billion by 2029


Posted July 12, 2023 by Komal20

Cross-Border B2C E-Commerce Market: Rising to New Heights with a Projected Value of USD 3149.68 Billion by 2029
 
Cross-Border B2C E-Commerce Market Overview:

The Cross-Border B2C E-Commerce Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Cross-Border B2C E-Commerce Market, as well as the causes for variances in the industry’s growth in different regions.

The Cross-Border B2C E-Commerce Market was valued at USD 944.75 Billion in 2022, and it is expected to reach USD 3149.68 Billion by 2029, exhibiting a CAGR of 18.77 % during the forecast period (2023-2029)

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Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.

Segmentation:

With the greatest revenue share in the Cross-Border B2C E-Commerce Market in 2022, the Assorted Brands category dominated. The COVID-19 outbreak has caused an increase in demand for a number of goods. In the coming decades, the public's inclination for online shopping for a range of products, including as clothing, food, and beverages, is anticipated to fuel the growth of the diverse brand sector.

Paying Arrangement Outlook, The category for digital wallets is anticipated to experience the largest CAGR during the projection period, at 19.55%. The introduction of international B2C payment platforms via digital wallets is anticipated to hasten the segment's expansion. For instance, HSBC bank unveiled a global multi-currency virtual wallet in 2022. Users of wallets can make international payments easier by doing so with minimum documentation needed. Additionally, it is projected that the expansion of a number of digital wallet companies would present a wide range of opportunities for the sector to flourish globally with greater financial inclusivity.
1 Global Cross-Border B2C E-Commerce Market, By Offering (2022-2029)
• In-house Brands
• Assorted Brands

2 Global Cross-Border B2C E-Commerce Market, By Payment Method (2022-2029)
• Digital Wallets
• Credit/Debit Cards
• Internet Banking
• Others

3 Global Cross-Border B2C E-Commerce Market, By Category (2022-2029)
• Entertainment & Education
• Apparel & Accessories
• Consumer Electronics
• Home Furnishing
• Personal Care & Beauty
• Healthcare & Nutrition
• Footwear
• Food & Beverage
• Others

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Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research is used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

• The biggest players in Cross-Border B2C E-Commerce Market are as follows:

1.Amazon.com Inc.
2. Etsy Inc
3.eBay Inc
4.Alibaba Group
5.Wish Inc
6.Vee Pee
7.Cnova
8.Asos Plc
9.Fruugo
10. JD.com (Jing Dong)
11.Apple Inc
12. DHL Group
13. Box Me
14. Pay pal
15. Asia Commerce
16.Sing Post
17. Shipping Cart
18.Anchanto
19.SIA Joom (Latvia)
20.Zalando
21.Others

Regional Analysis:

Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Cross-Border B2C E-Commerce Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on the Cross-Border B2C E-Commerce Market:

End-user industries where Cross-Border B2C E-Commerce Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Cross-Border B2C E-Commerce Market manufacturers, influencing the development of the Cross-Border B2C E-Commerce Market in 2020. End-user business demand for Cross-Border B2C E-Commerce Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.

Key Questions Answered in the Cross-Border B2C E-Commerce Market Report are:

In 2021, which segment held the highest proportion of the Cross-Border B2C E-Commerce Market?

What is the Cross-Border B2C E-Commerce Market’s competitive landscape?

What are the primary drivers assisting the Cross-Border B2C E-Commerce Market growth?

Which region has the most market share in the Cross-Border B2C E-Commerce Market?

What will be the Cross-Border B2C E-Commerce Market’s CAGR throughout the projected period?

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Issued By Komal
Country India
Categories Aerospace , Apparel , Automotive
Last Updated July 12, 2023