B2C E Commerce Market Size, Share & Growth | Forecast [2031]

B2C E Commerce Market Size, Share & Growth | Forecast [2031]

Segments - B2C E-commerce Market by Types (B2C Retailers and Classifieds), Applications (Automotive, Beauty & Personal Care, Books & Stationery, Consumer Electronics, Clothing & Footwear, Home Décor & Electronics, Sports & Leisure, Travel & Tourism, Media & Entertainment, Information Technology, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :ICT-SE-2133 | 4.7 Rating | 73 Reviews | 192 Pages | Format : PDF Excel PPT

Report Description


B2C E-commerce Market Outlook 2031

The B2C e-commerce market size was valued at USD 4.40 Trillion in 2022 and is likely reach to USD 10.04 Trillion by 2031, expanding at a CAGR of 9.6% during the forecast period, 2023–2031. The growth of the market is attributed to the rising global per capita income, disposable income, and expanding internet penetration.

B2C E-commerce Market Outlook

B2C e-commerce is a type of digital platform that provides products and services to the consumers directly from the businesses. Presently, e-commerce is becoming very popular due to the presence of a large number of consumers globally who are willing to adopt online system for various needs.

Digital revolution has supported B2C services in various industrial sectors and played a crucial role in day-to-day’s life of people worldwide.

Additionally, rising distribution and shipping organizations has fueled the global B2C e-commerce market. One key aspect of the rapid market expansion is due to several facilities such as various options of products available on the website and anyone can shop through these portals with the comfort of home.


Convenience is the major factor for overall online shopping industry. Customers have this facility to find their required products by visiting the website and gain extra insights on various products. The market is observing exemplar shift toward e-commerce due to customers increasingly using smartphones to purchase services and goods online.

The industry is comparatively secure and the competitiveness continues to be high due to mergers and acquisitions. The growing opportunities for tremendous growth of players and attracting large number of investors from several global giants are major factors that push to increase the market competition.

On the other hand, the companies are continuously making efforts to stand out themselves in the global competition by providing various product offerings with innovative services.

  • Rising technology adoption with the ease of availability has allowed the e-commerce sector to be more efficient and better geographical reachable. This is anticipated to boost the market growth.
  • The growing use of social networks is further increased demand for online purchasing services and products. This is expected to propel the market expansion in the coming years.
  • Offering easy access and convenience of shopping using online platforms and rapid increased in digital dependency are expected to drive the market growth.
  • The COVID19 pandemic has scaled up B2C e-commerce platforms with a high demand for essential goods products from e-commerce services including personal care products, groceries, and bathroom essentials. 

Scope of B2C E-commerce Market Report                          

The report on the global B2C e-commerce market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

B2C E-commerce Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (B2C Retailers and Classifieds) and Applications (Automotive, Beauty & Personal Care, Books & Stationery, Consumer Electronics, Clothing & Footwear, Home Décor & Electronics, Sports & Leisure, Travel & Tourism, Media & Entertainment, Information Technology, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Amazon.com, Inc.; Alibaba Group Holding Limited; ASOS Plc; Ebay. Inc.; MakeMyTrip Pvt. Ltd.; and Flipkart Internet Private Ltd.

B2C E-commerce Market Segment Insights

B2C retailers segment is expected to grow at a rapid pace

Based on types, the global B2C e-commerce market is bifurcated into B2C retailers and classifieds. The B2C retailers segment is expected to grow at a rapid pace of the market due to increase in mobile transactions and internet banking.

However, the classifieds segment is projected to represent a substantial growth rate in the coming years owing to an increase in low cost of online advertising, mobile classifieds advertising, and decreasing the print advertising market.

B2C E-commerce Market Types

Clothing & footwear segment is projected to expand at a considerable CAGR

On the basis of applications, the market is segmented into automotive, beauty & personal care, books & stationery, consumer electronics, clothing & footwear, home décor & electronics, sports & leisure, travel & tourism, media & entertainment, information technology, and others.

The clothing & footwear segment is projected to expand at a considerable CAGR during the forecast period owing to massive expansion of online apparel marketplace especially for clothes and footwear. Several retailers and manufactures are entering into partnership to enhance their goods sale using e-commerce sites.

On the other hand, the consumer electronics segment is anticipated to account for a major market share in the coming years due to increasing internet usage and the growing interest of consumers towards the new electronics products and trends.

B2C E-commerce Market Applications

B2C E-commerce Market Regional Outlook

Asia Pacific is anticipated to constitute a key market share

In terms of regions, the global B2C e-commerce market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.

The market of Asia Pacific is anticipated to constitute a key share of the market during the projected period owing to increasing internet connectivity in second-tier cities & rural areas. Meanwhile, the market of North America is anticipated to expand at a rapid pace during the forecast period due to expanding internet penetration in the region.

B2C E-commerce Market Region

Segments

Types

  • B2C Retailers
  • Classifieds

Applications

  • Automotive
  • Beauty & Personal Care
  • Books & Stationery
  • Consumer Electronics
  • Clothing & Footwear
  • Home Décor & Electronics
  • Sports & Leisure
  • Travel & Tourism
  • Media & Entertainment
  • Information Technology
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the B2C e-commerce market are Amazon.com, Inc.; Alibaba Group Holding Limited; ASOS Plc; Ebay. Inc.; MakeMyTrip Pvt. Ltd.; and Flipkart Internet Private Ltd.

The main market players are continuously engaged in various market development activities such as mergers, acquisitions, research & development, investments for innovative products, and collaborations to enhance their market position.

For instance, Amazon.com, Inc. declared a partnership with FICCI, a non-government, not-for-profit organization in March 2018, which presented a key aspect for the market expansion.

B2C E-commerce Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. B2C E-commerce Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. B2C E-commerce Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. B2C E-commerce Market - Supply Chain
  4.5. Global B2C E-commerce Market Forecast
     4.5.1. B2C E-commerce Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. B2C E-commerce Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. B2C E-commerce Market Absolute $ Opportunity
5. Global B2C E-commerce Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. B2C E-commerce Market Size and Volume Forecast by Types
     5.3.1. B2C Retailers
     5.3.2. Classifieds
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global B2C E-commerce Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. B2C E-commerce Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global B2C E-commerce Demand Share Forecast, 2019-2026
7. North America B2C E-commerce Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America B2C E-commerce Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America B2C E-commerce Market Size and Volume Forecast by Types
     7.4.1. B2C Retailers
     7.4.2. Classifieds
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America B2C E-commerce Demand Share Forecast, 2019-2026
8. Latin America B2C E-commerce Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America B2C E-commerce Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America B2C E-commerce Market Size and Volume Forecast by Types
     8.4.1. B2C Retailers
     8.4.2. Classifieds
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America B2C E-commerce Demand Share Forecast, 2019-2026
9. Europe B2C E-commerce Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe B2C E-commerce Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe B2C E-commerce Market Size and Volume Forecast by Types
     9.4.1. B2C Retailers
     9.4.2. Classifieds
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe B2C E-commerce Demand Share Forecast, 2019-2026
10. Asia Pacific B2C E-commerce Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific B2C E-commerce Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific B2C E-commerce Market Size and Volume Forecast by Types
     10.4.1. B2C Retailers
     10.4.2. Classifieds
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific B2C E-commerce Demand Share Forecast, 2019-2026
11. Middle East & Africa B2C E-commerce Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa B2C E-commerce Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa B2C E-commerce Market Size and Volume Forecast by Types
     11.4.1. B2C Retailers
     11.4.2. Classifieds
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa B2C E-commerce Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global B2C E-commerce Market: Market Share Analysis
  12.2. B2C E-commerce Distributors and Customers
  12.3. B2C E-commerce Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Amazon.com, Inc.
     12.4.2. Alibaba Group Holding Limited
     12.4.3. ASOS Plc
     12.4.4. Ebay. Inc.
     12.4.5. MakeMyTrip Pvt. Ltd.
     12.4.6. Flipkart Internet Private Ltd.

Methodology

Our Clients

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Dassault Aviation
FedEx Logistics
Nestle SA
General Mills
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The John Holland Group
Siemens Healthcare