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Retail E-Commerce Market size is expected to reach USD 11.15 Tn. by 2030, as per Stellar Market Research

08-29-2024 09:19 AM CET | IT, New Media & Software

Press release from: STELLAR MARKET RESEARCH

Retail E-Commerce Market

Retail E-Commerce Market

Global Retail E-Commerce Market size was valued at USD 5.50 Tn. in 2023 and is expected to reach USD 11.15 Tn. by 2030, at a CAGR of 10.52%

๐—ง๐—ผ ๐—ฎ๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ฑ๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐˜€ ๐—ฟ๐—ฒ๐—ด๐—ฎ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต, ๐˜ƒ๐—ถ๐˜€๐—ถ๐˜ ๐˜๐—ต๐—ฒ ๐—ณ๐—ผ๐—น๐—น๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐˜„๐—ฒ๐—ฏ๐—ฝ๐—ฎ๐—ด๐—ฒ:https://www.stellarmr.com/report/retail-e-commerce-market/2371

Retail E-Commerce Market Dynamics

The retail e-commerce market is witnessing the rise of subscription services which cater to consumer demands in convenient, personalized, and curated way. Birchboxa, FabFitFun, Boxycharm, HelloFresh (Germany), Blue Apron (U.S.), Netflix, and Spotify are some companies applying personalized experiences for their consumers. The growing penetration of mobile phones have been a driving factor in the retail e-commerce market, as some countries such as India witnesses over 60% of retail e-commerce transactions through mobile phones. The customer expectations for faster delivery, more personalized shopping experiences, and superior customer support have forced the market to evolve. To match Amazon's speed, Walmart has investmented in its e-commerce infrastructure, adopting cutting-edge technologies.

Retail E-Commerce Market Regional Insights

The North American retail e-commerce market, specifically the USA retail e-commerce market, dominated the global e-commerce market in 2023. The region is equipped with advanced logistics, delivery infrastructure, strong smartphone adoption, and high internet penetration are main factors responsible for the growth of North American retail e-commerce market.

The Asia Pacific retail e-commerce market is expected to grow at the fastest rate during the forecast period. South Korea e-commerce market portrays its significant share of GDP attributed to e-commerce sales. With digital infrastructure and consumer base, South Korea e-commerce market is positioned to rise further in global e-commerce rankings by the end of the decade.

๐—ง๐—ผ ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐— ๐—ผ๐—ฟ๐—ฒ ๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†, ๐—ฃ๐—น๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—–๐—น๐—ถ๐—ฐ๐—ธ ๐—›๐—ฒ๐—ฟ๐—ฒ:https://www.stellarmr.com/report/req_sample/retail-e-commerce-market/2371

Retail E-Commerce Market Scope:

Market Size in 2023 USD 5.5 Tn.

Market Size in 2030 USD 11.15 Tn.

CAGR 10.52% (2024-2030)

Forecast Period 2024-2030

Base Year 2023

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

Retail E-Commerce Market Segments

By Product

Groceries
Apparels and Accessories
Footwear
Personal and Beauty Care
Furniture and Household Decor
Electronic Goods
Others

By Type

Hybrid Marketplace
Pure Marketplace
Brand
Retail Chain
Others

๐—ง๐—ผ ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐— ๐—ผ๐—ฟ๐—ฒ ๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†, ๐—ฃ๐—น๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—–๐—น๐—ถ๐—ฐ๐—ธ ๐—›๐—ฒ๐—ฟ๐—ฒ:https://www.stellarmr.com/report/req_sample/retail-e-commerce-market/2371

Retail E-Commerce Market Players

North America

Amazon (USA)
Walmart (USA)
eBay (USA)
Target (USA)
Shopify (Canada)
Etsy (USA)
Wayfair (USA)
Wish (USA)
Best Buy (USA)
Europe

Zalando (Germany)
ASOS (United Kingdom)
Otto Group (Germany)
Allegro (Poland)
Asia Pacific

Alibaba (China)
JD.com (China)
Flipkart (India)
Tmall (China)
SHEIN (China)
Rakuten (Japan)
Middle East and Africa (MEA)

Jumia (Nigeria)
Takealot (South Africa)
Noon (UAE)
South America

MercadoLibre (Uruguay)
B2W Digital (Brazil)

๐—ง๐—ผ ๐—ฎ๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ฑ๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐˜€ ๐—ฟ๐—ฒ๐—ด๐—ฎ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต, ๐˜ƒ๐—ถ๐˜€๐—ถ๐˜ ๐˜๐—ต๐—ฒ ๐—ณ๐—ผ๐—น๐—น๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐˜„๐—ฒ๐—ฏ๐—ฝ๐—ฎ๐—ด๐—ฒ:https://www.stellarmr.com/report/retail-e-commerce-market/2371

Related Reports

The Global E-Commerce International Market was valued at USD 23 Tn. in the year 2023 and is expected to reach USD 167.21 Tn. by 2030 with a growing CAGR of 32.73% over the forecast period of 2024-2030

E-commerce Independent Software Vendors [ISVs] Market size was valued at USD 12.72 Bn. in 2023 and the total E-commerce Independent Software Vendors' revenue is expected to grow by 18.5% from 2024 to 2030, reaching nearly USD 41.75 Bn

The duty-Free Retail Market was valued at USD 50.74 billion in 2023. Global Duty-Free Retail Market size is estimated to grow at a CAGR of 9.1 % over the forecast period

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4 Kothrud

Pinnac Memories Fl. No. 3

Kothrud, Pune, Maharashtra, 411029

sales@stellarmr.com

+91 9607365656

About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

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