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Asia-Pacific B2C E-Commerce Market 2017 - Research and MarketsThe "Asia-Pacific B2C E-Commerce Market 2017" report has been added to Research and Markets' offering. Asia-Pacific is the largest and one of the fastest growing online retail markets worldwide. The report reveals that this region is predicted to make up almost half of global B2C E-Commerce sales by 2021. It also maintains a share of more than 50% in terms of global sales when services and C2C sales are included. In the time period between 2016 and 2021, E-Commerce sales in Asia-Pacific are forecasted to experience hefty double-digit growth rates as well as an increase in the digital commerce share of retail. In this same time frame, India ranks highest regarding growth rate in the region, exceeding even China. Both countries are set to experience future growth stemming from rural areas due to rapidly rising Internet and online shopper penetration rates. Nations in Southeast Asia are also experiencing E-Commerce growth spurts. Australia, Japan, and South Korea are forecasted to see moderate growth rates as they are advanced markets and the rate of online shopping penetration is already high. To give an example, the share of online retail sales compared with total retail sales is close to 20% in South Korea. The amount of new online shoppers is beginning to stagnate and as a result, E-Commerce is making changes to stimulate more purchases by reducing delivery times, increasing number of products and making a shift to M-Comerce. Mobile is the key trend found amongst the entire Asia-Pacific region. In many countries, M-Commerce's share of B2C E-Commerce sales is already more than one-third, and is as high as almost half in some markets. An increase to smartphone penetration rates underlines this pattern and leading marketplaces like Amazon, Alibaba, JD.com, Flipkart, Lazada and Rakuten see evidence towards increased mobile traffic and share of transactions. Key Questions Answered
Key Topics Covered: 1. Management Summary 2. Regional Overview 3. Advanced Markets 4. Emerging Markets Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/research/clmcw2/asiapacific_b2c
View source version on businesswire.com: http://www.businesswire.com/news/home/20171020005608/en/ |