About Cross-Border B2C E-Commerce
Cross-Border B2C E-Commerce is selling products or services via an e-commerce website to buyers overseas. Cross-Border B2C E-Commerce refers to online trading. This online trading is for B2C. Trading between a business (retailer or brand) and a consumer is known as B2C. Cross-Border B2C E-Commerce has gained gigantic momentum in recent years as customers purchase products from outside their borders. Increasing digitization, ease in trading, and consumer preference for online purchasing have to impact the demand for cross-border purchasing in a positive manner. Geographically, North America is witnessing huge demand for Cross-Border B2C E-Commerce which is expected to hold a huge market share followed by Europe and the Asia Pacific regarding emerging markets and industrializations.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market of Cross-Border B2C E-Commerce is expected to grow with rising online purchasing. Several companies are operating in the market to provide a different number of products and services to a number of industrial setup and consumers. The market is highly fragmented with the presence of several market players. Analyst at AMA Research estimates that Chinese Players will contribute the maximum growth to Global Cross-Border B2C E-Commerce market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amazon(United States), Walmart (United States), Alibaba (China), Rakuten (Japan), JD Worldwide (China), VIP International (China), Xiaohongshu (China), Tmall Global (China), YMatou (China), WooCommerce (United States) and OpenCart (Hong Kong) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Cross-Border B2C E-Commerce market by and Region.
On the basis of geography, the market of Cross-Border B2C E-Commerce has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Entertainment & Education will boost the Cross-Border B2C E-Commerce market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Consumer, the sub-segment i.e. Adults will boost the Cross-Border B2C E-Commerce market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Payment Mode, the sub-segment i.e. Digital Wallets will boost the Cross-Border B2C E-Commerce market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offerings, the sub-segment i.e. In-House Brands will boost the Cross-Border B2C E-Commerce market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapidly Growing Industrial Preference for Online Purchasing
Market Growth Drivers:
Growing Digitisation in Industrial Activities, Rising Consumer Preference for Online Purchasing and Increasing Geographical Presence of Online Platforms in Emerging Countries
Challenges:
Hidden Cost of Consumers and Complications Associated with Currency & its Rate Fluctuation
Restraints:
Cross-Border Taxation and Supply Chain Disruption owing to Covid Pandemic
Opportunities:
Growing Technological Advancements with Machine Learning and AI has Created Growth Opportunities, Rising Industrial Infrastructure particularly in the Asia Pacific and Increasing World Trading and Shipments
Key Target Audience
Cross-Border B2C E-Commerce Suppliers/Distributors, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.