Industria
Retail E-commerce Market to Reach $17,613.67 Billion, Globally, by 2032 at 12.4% CAGR: Allied Market Research
(We are providing report as per your research requirement, including the Latest Industry Insight's Evolution, Potential and COVID-19 Impact Analysis)
129 – Tables
48 – Charts
400 – Pages
Key factors such as rise in pebetration of artificial intelligence (AI) & voice recognition and increase in trend of digital payments act as the key driving forces of the retail e-commerce market. However, increase in data thefts on e-commerce platform is hampering the market growth. On the other hand, rise in headless and application programming interface-based (API) e-commerce is expected to provide lucrative opportunities for the market growth during the forecast period.
Depending on product, the apparel & accessories segment held the highest market share in 2022, accounting for more than one-fourth of the global retail e-commerce market revenue and is estimated to maintain its leadership status during the forecast period. This is attributed to large global presence of a wide range of apparel and accessory companies. In addition, high demand for changing fashion & trend and rise in the popularity for the same is driving the segment growth. However, the groceries segment is projected to register the highest CAGR of 16.9% from 2022 to 2032 due to increase in convenience for people to order groceries from their homes rather than physically going to the retailer, which is time-consuming.
According to type, the hybrid marketplace segment was the major shareholder in 2022, accounting for around two-fifths of share in the global retail e-commerce market and is estimated to maintain its leadership status throughout the forecast period. A large variety of products are available for customers on the online channel. Selecting and buying products takes less time, therefore making it easier for consumers to shop as per their convenience. In addition, consumers are increasingly physically visiting stores due to curiosity and need for fashionable brands to be a part of trend & status symbol. However, the pure marketplace segment is projected to register the highest CAGR of 15.6% from 2022 to 2032. This is attributed to high curiosity among people to visit the market to physically check the products.
Region wise, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global retail e-commerce market revenue in the region and is expected to dominate the market during the forecast period. This is attributed to presence of a large number of people using internet and smartphones in the region. However, the Middle East & Africa is expected to witness the fastest CAGR of 14.7% from 2022 to 2032 due to rapid digitalization in the region.
The report provides a detailed analysis of these key players of the global retail e-commerce market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, and agreements to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Size, Share, Competitive Landscape and Trend Analysis Report by Product Type (Fashion Accessories, Mobiles and Laptops, Electronics Appliances, Others), by Repayment Model (Manual Repayment Schedules, Automatic Repayment), by End User (Gen Z (21-25), Millennials (26-40), Gen X (41-55), Baby Boomers (56-75)): Global Opportunity Analysis and Industry Forecast, 2023-2032.
Size, Share, Competitive Landscape and Trend Analysis Report by Offering (Assorted Brands, In-House Brands), by Payment Method (Credit/Debit Cards, Digital Wallets, Internet Banking, Others), by Category (Apparel and Accessories, Personal Care and Beauty, Entertainment and Education, Healthcare and Nutrition, Food and Beverage, Others), by End User (Adults, Teenagers/Millennial, Senior Citizens, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.
Size, Share, Competitive Landscape and Trend Analysis Report by Payment Type (Remote Payment, Proximity Payment), by Nature of Payment (Person to Person (P2P), Person to Business (P2B), Business to Person (B2P), Business to Business (B2B)), by Application (Money Transfers, Bill Payments, Airtime Transfers and Top-Ups, Travel and Ticketing, Merchandise and Coupons): Global Opportunity Analysis and Industry Forecast, 2023-2032.
Size, Share, Competitive Landscape and Trend Analysis Report by Type (Proximity Payment, Remote Payment), by Payment Type (Push Payment, Pull Payment), by Age Group (18 to 30 Year, 31 to 54 Year, 55 to 73 Year, Others), by End User (Personal, Business): Global Opportunity Analysis and Industry Forecast, 2021-2031.
Size, Share, Competitive Landscape and Trend Analysis Report by Coverage (Physical Damage, Personal Liability, Other) and by End User (Homeowners, Landlords, Tenants): Global Opportunity Analysis and Industry Forecast, 2023-2032.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware . Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington , New Castle ,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India ( Pune ): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
BFSI Blog
View original content: https://www.prnewswire.co.uk/news-releases/retail-e-commerce-market-to-reach-17-613-67-billion-globally-by-2032-at-12-4-cagr-allied-market-research-302065229.html