The Business Research Company’s Retail E-Commerce Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Retail E-Commerce Global Market Report 2023 evaluates retail e-commerce market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global retail e-commerce market size is expected to grow from $5.62 billion in 2022 to $6.20 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global retail e-commerce market size is expected to grow to $9.16 billion in 2027 at a CAGR of 10.3%.
The retail e-commerce market segments in the report are:
Retail E-Commerce Market By Type :
Pure Marketplace
Hybrid Marketplace
Brand
Retail Chain
Retail E-Commerce Market By Sector :
Organized
Unorganized
Retail E-Commerce Market By Distribution Channel :
Supermarkets & Hypermarkets
Convenience Stores
Specialty Stores
Department Stores
E-Commerce
Other Distribution Channels
Asia-Pacific was the largest region in the retail e-commerce market in 2022.
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The table of contents in TBRC’s retail e-commerce market report includes:
1. Executive Summary
2. Retail E-Commerce Market Characteristics
3. Retail E-Commerce Market Trends And Strategies
4. Retail E-Commerce Market - Macro Economic Scenario
5. Retail E-Commerce Market Size And Growth
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26. Africa Retail E-Commerce Market
27. Retail E-Commerce Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Retail E-Commerce Market
29. Retail E-Commerce Market Future Outlook and Potential Analysis
30. Appendix
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Global B2C e-commerce Market is expected to reach USD 7,724.8 billion by 2025. The market is estimated to grow at a significant CAGR of 11.7% over the future period as the scope and its applications are rising enormously across the globe.
Rising broadband wireless connections, rising advantages like growing suitability of shopping and time management, and growing number of smartphone users are documented as major factors of B2C e-commerce Market that are estimated to enhance the growth in the years to come.
The B2C e-commerce Market is segmented based on product type, device type, application, and region. Food and beverages; apparel, footwear, and accessories; publications; consumer electronics and electrical; infant’s and mother’s products; and beauty and personal care products that could be explored in B2C e-commerce in the forecast period.
E-commerce is basically abbreviated for electronic commerce that actually consists selling and purchasing of the products and services via electronic systems.
If talking about convenience and easiness, e-commerce store is obviously better than those brick and mortar stores.
Search engines are like the centers where all the websites got ranking and users are searching for it.
Security guards, Buying inventory, Store designs, Staff payment are some of the expenses that cannot be neglected at any cost.
Depending on the type of ecommerce businesses are running, you will be hiring your employees accordingly.
Most of the physical stores are open from 9am to 9pm but online stores are open 24*365.
