Ecommerce share of total retail sales across asiapacific in 2017. Facts about indonesiaindonesia is huge101 about indonesia. Sheji ho contributor sheji ho is the group cmo of acommerce. In the time period between 2016 and 2021, ecommerce sales in asiapacific are forecasted to experience hefty doubledigit growth rates as well as an increase in the digital commerce share. More posts by this contributor alibabas trojan horse for southeast asia 10 trends that will shape southeast. Chinas ecommerce market offers a glimpse to the future of global retailing. Electronic commerce or ecommerce in southeast asia is the buying and selling of products. But has slowly been advancing on its largest competition. Few companies like photobook malaysia started in 2005 with a seed fund of rm1. Regarding singapore, it contains the regions most advanced ecommerce market, the largest b2c ecommerce share of total retail sales, and the highest internet penetration.
Revenue is expected to show an annual growth rate cagr 20192023 of 10. There are safety concerns involved, yes, but with proper verifications, it can be. The global retail ecommerce market is expected to witness high growth during the forecast period, favored by growing digital dependency and convenient online shopping channels. In indonesia, tokopedia, which has a web traffic market share of 25 per cent, was the most visited ecommerce website, followed by shopee, which has a 22 per cent market share. In line with indonesias promising ecommerce market supported by rising internet penetration, rising smartphone penetration and per capita gdp growth in southeast asias largest economy.
These were the mostused ecommerce apps in southeast asia in q3. In 2014, analysys international enfodesk reported that accounted for just 17. During that year, amazon accounted for 15 percent of global ecommerce gmv, while alibaba property ranked third with 14 percent revenue share. In 2019, asiapacifics e commerce sales are projected to increase by onequarter, helping. Its a battle that will likely span decades, and in the next few years, be most. Electronic commerce, in a broad sense, is the use of computer networks to improve organizational performance. Digital commerce 360retail, formerly internet retailer, is the leading source for ecommerce news, strategies and research. Driven by a relatively high internet penetration rate, the ecommerce market in malaysia is going from strength to strength and is. The asia and pacific region holds the largest share of. Flipkart has over 100 million registered users and 43% share of the entire indias ecommerce market. Methodology of our singapore b2c ecommerce market 2015 report in this country report, major trends in the b2c ecommerce market, sales figures, b2c ecommerce share of.
According to a report by iresearch 4 platforms have a market share. Luxury ecommerce is booming in china marketing china. Heres the breakdown of where the regions at and where its headed. Prnewswire the asiapacific b2c ecommerce market 2019. Asia is the worlds largest ecommerce marketplace and continues to grow rapidly. Our 2020 asia report include trends, statistics, opportunities, sales data, market share, segmentation projections on the ecommerce market. That means amazon is expected to capture nearly half of the u. Market volume of the ecommerce sector in germany from 2006 to 2020. Just like amazon, flipkart first sold books, but it quickly started offering. And while your weekly grocery shop or a book order might seem to have changed little in recent years, there is great innovation in ecommerce. An indepth look at local ecommerce markets for six of southeast asia s largest economies. Asia pacifics share of global retail ecommerce sales, in %, 2019f. Guide to understanding the ecommerce market in china.
Southeast asia s top ecommerce platforms and retailers. The scale and growth rate of ecommerce in asia really sets it apart from other parts of. Shopee, lazada and tokopedia were the mostused ecommerce. Many obstacles dont let the ecommerce online sector develop including internet infrastructure outside of major. The most important ecommerce battle in the world right now is between alibaba and amazon. The ecommerce market encompasses the sale of physical goods via a digital channel to a private end user b2c. Mercadolibre, for instance, the ecommerce leader that first began in argentina and modeled itself after ebay, has been in brazil for 19 years. Ecommerce is so popular today in china that 79% of. Message for southeast asias brickandmortar retailers.
The jingdong group formerly 360buy, a wellknown player in chinas ecommerce market, has also been developing its ebook presence. Do you feel the asian ecommerce market would never be able to give a sturdy. Digital commerce 360retail formerly internet retailer. The asia pacific e book reader market estimated to account for a market value share of about 27% by the end of 2017 will experience an increase in market share to the tune of a whopping 310 basis points to hold a market share of about 30% by the end of the forecast period in 2020. Indonesia, malaysia, the philippines, singapore, thailand, and vietnam. This statistic shows the ecommerce market value in singapore from 2014 to 2015, with a forecast from 2016 to 2020. Forget china, theres an ecommerce gold rush in southeast. These were the mostused ecommerce apps in southeast asia. This statistic presents the ecommerce market share of leading eretailers worldwide in 2017. You think asia lags behind other continents if we take digital lifestyle into consideration. Six of the top 10 fastestgrowing ecommerce countries in 2019 hail from the asiapacific region, led by india and the philippines at more than 30% growth and rounded out by china, malaysia. Amazon to take almost 50 percent of us ecommerce market. But despite this being common knowledge, the most recent data behind the explosion in amazons market position is still stunning to behold.
China, today, is characterised by mobilefirst consumer behaviour, vibrant social commerce adoption, and a. Its hard to fathom, but china only recently surpassed the us in ecommerce sales in 20 for the first time. We can also conclude that luxury ecommerce market in china is evolving and that this industry will mature in 2018. Its no secret that amazon is dominant in ecommerce. Ecommerce has eclipsed nonstore retailing in asia pacific, with urban consumers shifting from bulk purchases. The growth of ecommerce in southeast asia bloomberg. Embracing the ecommerce revolution in asia and the pacific. However, ecommerce in the grocery sector is a challenge. B2c ecommerce market size, share global industry report. An example of brands who targeted this new group of. Ecommerce market which boomed economic growth in bangladesh.
Share of online sales in this category is low because most people, for a host of reasons, prefer to buy food in brickand. Malaysias ecommerce market goes from strength to strength. Methodology of our malaysia b2c ecommerce market 2015 report in this country report, major trends in the b2c ecommerce market, sales figures, b2c ecommerce share of. Thats according to a recent study by ubs, which showed the. China alone is the largest ecommerce market in the world. The fast growing ecommerce market in the country will touch usd 84 billion in 2021 from usd 24 billion in 2017 on account of a healthy growth in organised retail. In 2018, the percentage of consumers who made at least one purchase online. Several global and regional websites are fighting tooth and nail for market share, with some local players using their weight in singapore as a foothold to expand abroad. Ecommerce logistics market size, share, service providers.
The b2c ecommerce market size was valued at usd 2,724. Increasing profitability, gaining market share, improving customer. The kindle ereader, the companys first consumer electronics device when it was released in 2007, became a digital marketplace designed to build off the companys base of book lovers. Ecommerce companies could soon be eating your lunch. Compelling opportunities and important challenges for the future of ecommerce in southeast asia. Ecommerce is an exciting way of conducting businesses and buying products or services. Asiapacific is the global leader in b2c ecommerces share of total retail sales, ahead of regions such as western europe and north america.
In asiapacific, techsavvy consumers have already embraced the convenience of online shopping. The online market for buying groceries and other consumable products. Several global and regional websites are fighting tooth and nail for market share. Amazon sees in brazil continentsize profits and problems.
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