Business To Business E commerce Market

Business-to-Business E-commerce Market

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Raksha

Author :

Raksha Sharma

Amulya

Fact-checked by :

Amulya Agarwal

Shruti

Editor :

Shruti Bhat

Business-to-Business E-commerce Market Outlook 2031

The global business-to-business (B2B) e-commerce market size was USD 7.08 Trillion in 2022 and is expected to reach USD 31.40 Trillion anticipated to expand at a CAGR of 18% during the forecast period, 2023-2031. The growth of the market is attributed to rising inclination toward online shopping and growing awareness about these B2B portals across the globe.

B2B e-commerce is the sale of goods or services between businesses through online portals. It is used to improve the efficiency and reduce the sales efforts. The Increasing number of companies are listing themselves on B2B portals owing to the ease of carrying out the business with another enterprise.

Business To Business E Commerce Market Outlook

All type of product distributors including wholesalers, manufacturers, and retailers are signing up for these portals to increase their sales. B2B e-commerce helps in transmitting and synchronizing data in real-time and reduces cycle time for enterprises.

Business-to-Business (B2B) E-commerce Market Trends, Drivers, Restraints, and Opportunities

  • B2B ecommerce platforms enable buyers and sellers to place and manage orders from mobile devices as per their convenience. Thus, the growing awareness about the benefits is anticipated to drive the growth of the market.
  • The introduction of B2B portals has reduced the overhead cost of businesses and eliminated the need for intermediaries, which in turn, has increased the number of enterprises and has led to the market growth.
  • Increasing number of unauthorized transactions can restraint the market growth.
  • Rising penetration of automation solutions in the businesses is anticipated to create lucrative opportunities during the forecast period.

Scope of Business-to-Business (B2B) E-commerce Market Report

The report on the business-to-business (B2B) 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

Business-to-business (B2B) E-commerce Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Deployment Types (Supplier-oriented, Buyer-oriented, and Intermediary-oriented) and Applications (Home & Kitchen, Consumer Electronics, Industrial & Science, Healthcare, Clothing, Beauty & Personal Care, Sports Apparels, Books & Stationary, Automotive, 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., eBay Inc., Flipkart.com, IndiaMART InterMESH Ltd., ChinaAseanTrade.com, DIYTrade.com, eworldtrade.com, Flexfire LEDs, Alibaba Group, KellySearch.com, and KOMPASS.

Business-to-Business E-commerce Market Segment Insights

Deployment Type Segment Analysis

On the basis of deployment types, the market is divided into supplier-oriented, buyer-oriented, and intermediary-oriented. The intermediary-oriented segment accounted for a share of over 55% in 2020, in terms of revenue. Intermediary-oriented platforms earn profit through successful transactions that are done between suppliers and distributors.

Meanwhile, the supplier-oriented segment is projected to expand at a CAGR of around 16.5% during the forecast period. Increasing number of suppliers that are setting up an online market place to create an efficient channel to increase their sales is proliferating the growth of the market segment.

Business-to-Business E-commerce Market Deployment Types

Application Segment Analysis

Based on applications, the market is divided into home & kitchen, consumer electronics, industrial & science, healthcare, clothing, beauty & personal care, sports apparels, books & stationary, automotive, and others. The home & kitchen segment accounted for a market share of over 20% in 2020, in terms of revenue. Increasing demand for household products among end-users is spurring the market segment growth.

On the other hand, the consumer electronics segment is projected to expand at a CAGR of around 17% during the forecast period owing to rising disposable income and boost in the manufacturing industry in the emerging economies.

Business-to-Business E-commerce Market Applications

Regional Analysis

On the basis of regions, the market is divided into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific accounted for a market share of more than 65% in 2020, in terms of revenue.

Rising number of suppliers and buyers signing up for online portals, rising penetration of Internet, and increasing adoption of smartphones are some of the key parameters that are positively influencing the regional market growth. The market in North America is expected to expand at a CAGR of around 15% owing to presence of key players and growing penetration of cloud-based services in the region.

Business To Business E Commerce Market Regions

Segments

The business-to-business (B2B) e-commerce market has been segmented on the basis of

Deployment Types

  • Supplier-oriented
  • Buyer-oriented
  • Intermediary-oriented

Applications

  • Home & Kitchen
  • Consumer Electronics
  • Industrial & Science
  • Healthcare
  • Clothing
  • Beauty & Personal Care
  • Sports Apparels
  • Books & Stationary
  • Automotive
  • Others

Regions

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

Key Players

Competitive Landscape

Major players of the business-to-business (B2B) e-commerce market are Amazon.com, Inc., eBay Inc., Flipkart.com, IndiaMART InterMESH Ltd., ChinaAseanTrade.com, DIYTrade.com, eworldtrade.com, Flexfire LEDs, Alibaba group, KellySearch.com, and KOMPASS. Companies are engaging in partnership, collaboration, and merges. Moreover, the companies are focusing on expanding their product portfolio to expand their expand share.

  • In 2019, Alibaba Group Holding Limited announced the acquisition of NetEase, Inc., an online e-commerce services provider. This acquisition enabled Alibaba Group Holding Limited to acquire NetEase’s import e-commerce platform known as Kaola and gain a competitive edge in the e-commerce industry.

Business To Business E Commerce Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Business-to-Business 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. Business-to-Business 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. Business-to-Business E-commerce Market - Supply Chain
  4.5. Global Business-to-Business E-commerce Market Forecast
     4.5.1. Business-to-Business E-commerce Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Business-to-Business E-commerce Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Business-to-Business E-commerce Market Absolute $ Opportunity
5. Global Business-to-Business E-commerce Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Business-to-Business E-commerce Market Size and Volume Forecast by Applications
     5.3.1. Home & Kitchen
     5.3.2. Consumer Electronics
     5.3.3. Industrial & Science
     5.3.4. Healthcare
     5.3.5. Clothing
     5.3.6. Beauty & Personal Care
     5.3.7. Sports Apparels
     5.3.8. Books
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Business-to-Business 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. Business-to-Business 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 Business-to-Business E-commerce Demand Share Forecast, 2019-2026
7. North America Business-to-Business 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 Business-to-Business 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 Business-to-Business E-commerce Market Size and Volume Forecast by Applications
     7.4.1. Home & Kitchen
     7.4.2. Consumer Electronics
     7.4.3. Industrial & Science
     7.4.4. Healthcare
     7.4.5. Clothing
     7.4.6. Beauty & Personal Care
     7.4.7. Sports Apparels
     7.4.8. Books
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  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 Business-to-Business E-commerce Demand Share Forecast, 2019-2026
8. Latin America Business-to-Business 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 Business-to-Business 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 Business-to-Business E-commerce Market Size and Volume Forecast by Applications
     8.4.1. Home & Kitchen
     8.4.2. Consumer Electronics
     8.4.3. Industrial & Science
     8.4.4. Healthcare
     8.4.5. Clothing
     8.4.6. Beauty & Personal Care
     8.4.7. Sports Apparels
     8.4.8. Books
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  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 Business-to-Business E-commerce Demand Share Forecast, 2019-2026
9. Europe Business-to-Business 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 Business-to-Business 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 Business-to-Business E-commerce Market Size and Volume Forecast by Applications
     9.4.1. Home & Kitchen
     9.4.2. Consumer Electronics
     9.4.3. Industrial & Science
     9.4.4. Healthcare
     9.4.5. Clothing
     9.4.6. Beauty & Personal Care
     9.4.7. Sports Apparels
     9.4.8. Books
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  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 Business-to-Business E-commerce Demand Share Forecast, 2019-2026
10. Asia Pacific Business-to-Business 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 Business-to-Business 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 Business-to-Business E-commerce Market Size and Volume Forecast by Applications
     10.4.1. Home & Kitchen
     10.4.2. Consumer Electronics
     10.4.3. Industrial & Science
     10.4.4. Healthcare
     10.4.5. Clothing
     10.4.6. Beauty & Personal Care
     10.4.7. Sports Apparels
     10.4.8. Books
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  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 Business-to-Business E-commerce Demand Share Forecast, 2019-2026
11. Middle East & Africa Business-to-Business 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 Business-to-Business 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 Business-to-Business E-commerce Market Size and Volume Forecast by Applications
     11.4.1. Home & Kitchen
     11.4.2. Consumer Electronics
     11.4.3. Industrial & Science
     11.4.4. Healthcare
     11.4.5. Clothing
     11.4.6. Beauty & Personal Care
     11.4.7. Sports Apparels
     11.4.8. Books
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  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 Business-to-Business E-commerce Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Business-to-Business E-commerce Market: Market Share Analysis
  12.2. Business-to-Business E-commerce Distributors and Customers
  12.3. Business-to-Business E-commerce Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Amazon.com, Inc.
     12.4.2. eBay Inc.
     12.4.3. Flipkart.com
     12.4.4. IndiaMART InterMESH Ltd.
     12.4.5. ChinaAseanTrade.com
     12.4.6. DIYTrade.com
     12.4.7. eworldtrade.com
     12.4.8. Flexfire LEDs

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