The market for B2C E-commerce is expected to grow at a CAGR of around 13.5% from 2020 to 2027 and expected to reach the market value of around US$ 10.5 Tn by 2027.
B2C e-commerce is a business model based on transactions of funds or data, over an electronic network, primarily the internet, through a company website featured with an online catalog for the customers who are the end-users of these products. Some of the benefits associated with B2C e-commerce include global reach, no physical overhead required, more data to profile customers, and trackable marketing among others. Moreover, some of the major challenges faced by the B2C e-commerce model include consumer traffic, payment processing, client support, and product accessibility.
Market Dynamics
The increasing usage of smartphones and desktops coupled with the growing penetration of internet subscriptions worldwide is the major factor supporting the market growth. The ongoing development and advancement in ICT infrastructure in developing economies is further proliferating the market growth. The increasing population base along with the rising disposable income and living standard is additionally boosting the growth of B2C E-commerce. Moreover, the recent pandemic has also given a push to the customer to opt for online shopping instead of store-based shopping in order to avoid close contact with the people.
On the other hand, the threat of security over the internet and the need for a continuous supply of high-speed internet service is likely to restrict the growth over the forecast period from 2020 to 2027.
Segment Instance of Global B2C E-commerce Market
Smartphones segment accounted for the maximum revenue share in the global B2C E-commerce market
In 2019, smartphones are leading the market of B2C E-commerce across the globe due to their vast usage and convenience. The exponential increase in the number of mobile phone users every year is the major factor supporting the segmental market value. Another factor driving segmental growth is the launch of mobile applications by the players for the smartphone users along with the user-friendly website and secured platform for making transaction
North America dominated the B2C E-commerce in 2019
In 2019, North America led the B2C E-commerce market, whereas the region is leading the market so far from the development of the B2C E-commerce business model. The early adoption in the major economies of the region including the US and Canada is contributing to the regional market value. The presence of major players in the region like Amazon, Best Buy Company, Inc., eBay Inc., and WalMart Stores, Inc. among others are additionally contributing to the regional market value. The presence of an aware population which is used to with this B2C e-commerce platforms and businesses is further contributing to the regional market value.
Asia Pacific is projected to exhibit fastest growth over the forecast period from 2020 to 2027
The continuously developing sales in prominent economies of the region including China, India, Indonesia, Vietnam, and Singapore are supporting the fastest growth of the region. Additionally, the increasing focus of the major players in the region owing to the increasing volume of online sales is additionally bolstering the regional market value. The increasing marketing budget of the players for encouraging users to shop online through their offered platform is further propelling the regional market growth. Additionally, the increasing number of occasional campaigns and discount periods is boosting the market value.
Key Market players
The players profiled in the report include Alibaba Group Holding Ltd., Amazon.com, Inc., Best Buy Company, Inc., Cnova N.V., eBay Inc., Jd.com, Inc., Otto GmbH & Co. KG, Rakuten, Tesco PLC, WalMart Stores, Inc., and others.
Market Segmentation
Market By Product
Apparel and Accessories
Travel
Electronics
Books, Music
Health
Others
Market By Device
PCs
Smart Phone
Tablet
Others
Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
CHAPTER 1.Industry Overview of B2C E-commerce
1.1.Definition and Scope
1.1.1.Definition of B2C E-commerce
1.1.2.Market Segmentation
1.1.3.Years Considered for the Study
1.1.4.Assumptions and Acronyms Used
1.1.4.1.Market Assumptions and Market Forecast
1.1.4.2.Acronyms Used in Global B2C E-commerce Market
1.2.Summary
1.2.1.Executive Summary
1.2.2.B2C E-commerce Market By Product
1.2.3.B2C E-commerce Market By Device
1.2.4.B2C E-commerce Market by Regions
CHAPTER 2.Research Approach
2.1.Methodology
2.1.1.Research Programs
2.1.2.Market Size Estimation
2.1.3.Market Breakdown and Data Triangulation
2.2.Data Source
2.2.1.Secondary Sources
2.2.2.Primary Sources
CHAPTER 3.Market Dynamics And Competition Analysis
3.1.Market Drivers
3.1.1.Driver 1
3.1.2.Driver 2
3.2.Restraints and Challenges
3.2.1.Restrain 1
3.2.2.Restrain 2
3.3.Growth Opportunities
3.3.1.Opportunity 1
3.3.2.Opportunity 2
3.4.Porter’s Five Forces Analysis
3.4.1.Bargaining Power of Suppliers
3.4.2.Bargaining Power of Buyers
3.4.3.Threat of Substitute
3.4.4.Threat of New Entrants
3.4.5.Degree of Competition
3.5.Market Concentration Ratio and Market Maturity Analysis of B2C E-commerce Market
3.5.1.Go To Market Strategy
3.5.1.1.Introduction
3.5.1.2.Growth
3.5.1.3.Maturity
3.5.1.4.Saturation
3.5.1.5.Possible Development
3.6.Technological Roadmap for B2C E-commerce Market
3.7.Value Chain Analysis
3.7.1.List of Key Manufacturers
3.7.2.List of Customers
3.7.3.Level of Integration
3.8.Cost Structure Analysis
3.8.1.Price Trend of Key Raw Materials
3.8.2.Raw Material Suppliers
3.8.3.Proportion of Manufacturing Cost Structure
3.8.3.1.Raw Material
3.8.3.2.Labor Cost
3.8.3.3.Manufacturing Expense
3.9.Regulatory Compliance
3.10.Competitive Landscape, 2019
3.10.1.Player Positioning Analysis
3.10.2.Key Strategies Adopted By Leading Players
CHAPTER 4.Manufacturing Plant Analysis
4.1.Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2.R&D Status and Application Source of B2C E-commerce Major Manufacturers in 2019
CHAPTER 5.B2C E-commerce Market By Product
5.1.Introduction
5.2.B2C E-commerce Revenue By Product
5.2.1.B2C E-commerce Revenue (US$ Mn) and Forecast, By Product, 2016-2027
5.2.2.Apparel and Accessories
5.2.2.1.Apparel and Accessories Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3.Travel
5.2.3.1.Travel Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4.Electronics
5.2.4.1.Electronics Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.5.Books, Music
5.2.5.1.Books, Music Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.6.Health
5.2.6.1.Health Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.7.Others
5.2.7.1.Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6.B2C E-commerce Market Revenue By Device
6.1.Introduction
6.2.B2C E-commerce Revenue (US$ Mn) By Device
6.2.1.B2C E-commerce Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
6.2.2.PCs
6.2.2.1.PCs Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3.Smart Phone
6.2.3.1.Smart Phone Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4.Tablet
6.2.4.1.Tablet Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.5.Others
6.2.5.1.Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7.North America B2C E-commerce Market By Country
7.1.North America B2C E-commerce Overview
7.2.U.S.
7.2.1.U.S. B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
7.2.2.U.S. B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016-2027
7.3.Canada
7.3.1.Canada B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
7.3.2.Canada B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016-2027
7.4.North America PEST Analysis
CHAPTER 8.Europe B2C E-commerce Market By Country
8.1.Europe B2C E-commerce Market Overview
8.2.U.K.
8.2.1.U.K. B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.2.2.U.K. B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016-2027
8.3.Germany
8.3.1.Germany B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.3.2.Germany B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016-2027
8.4.France
8.4.1.France B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.4.2.France B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016-2027
8.5.Spain
8.5.1.Spain B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.5.2.Spain B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016-2027
8.6.Rest of Europe
8.6.1.Rest of Europe B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.6.2.Rest of Europe B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016-2027
8.7.Europe PEST Analysis
CHAPTER 9.Asia Pacific B2C E-commerce Market By Country
9.1.Asia Pacific B2C E-commerce Market Overview
9.2.China
9.2.1.China B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.2.2.China B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
9.3.Japan
9.3.1.Japan B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.3.2.Japan B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
9.4.India
9.4.1.India B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.4.2.India B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
9.5.Australia
9.5.1.Australia B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.5.2.Australia B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
9.6.South Korea
9.6.1.South Korea B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.6.2.South Korea B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
9.7.Rest of Asia-Pacific
9.7.1.Rest of Asia-Pacific B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.7.2.Rest of Asia-Pacific B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
9.8.Asia Pacific PEST Analysis
CHAPTER 10.Latin America B2C E-commerce Market By Country
10.1.Latin America B2C E-commerce Market Overview
10.2.Brazil
10.2.1.Brazil B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.2.2.Brazil B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
10.3.Mexico
10.3.1.Mexico B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.3.2.Mexico B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
10.4.Rest of Latin America
10.4.1.Rest of Latin America B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.4.2.Rest of Latin America B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
10.5.Latin America PEST Analysis
CHAPTER 11.Middle East & Africa B2C E-commerce Market By Country
11.1.Middle East & Africa B2C E-commerce Market Overview
11.2.Saudi Arabia
11.2.1.Saudi Arabia B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.2.2.Saudi Arabia B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
11.3.UAE
11.3.1.UAE B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.3.2.UAE B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
11.4.Rest of Middle East & Africa
11.4.1.Rest of Middle East & Africa B2C E-commerce Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.4.2.Rest of Middle East & Africa B2C E-commerce Market Revenue (US$ Mn) and Forecast By Device, 2016 - 2027
11.5.Middle East & Africa PEST Analysis
CHAPTER 12.Player Analysis Of B2C E-commerce
12.1.B2C E-commerce Market Company Share Analysis
12.2.Competition Matrix
12.2.1.Competitive Benchmarking of key players by price, presence, market share, and R&D investment
12.2.2.New Product Launches and Product Enhancements
12.2.3.Mergers And Acquisition In Global B2C E-commerce Market
12.2.4.Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 13.COMPANY PROFILE
13.1.Alibaba Group Holding Ltd.
13.1.1.Company Snapshot
13.1.2.Business Overview
13.1.3.Financial Overview
13.1.3.1.Revenue (US$ Mn), 2019
13.1.3.2.Alibaba Group Holding Ltd. 2019 B2C E-commerce Business Regional Distribution
13.1.4.Product/ Service and Specification
13.1.5.Recent Developments & Business Strategy
13.1.6.Manufacturing Plant Footprint Analysis
13.2.Amazon.com, Inc.
13.3.Best Buy Company, Inc.
13.4.Cnova N.V.
13.5.eBay Inc.
13.6.Jd.com, Inc.
13.7.Otto GmbH & Co. KG
13.8.Rakuten
13.9.Tesco PLC
13.10.Wal-Mart Stores, Inc.
13.11.Others
