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Global B2C E-Commerce Market 2023

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    Report

  • 123 Pages
  • September 2023
  • Region: Global
  • yStats GmbH & Co. KG
  • ID: 5876302

Argentina is set to experience the biggest B2C E-Commerce market growth by 2025

Developed B2C E-Commerce markets are expected to undergo a significant decline in growth

Globally, the B2C E-Commerce market experienced a peak growth during the pandemic years and is further projected to witness the smallest growth since many years prior. The growth rate is shifting from a continuous double-digit percentage in annual growth until 2022 to a lasting single-digit percentage from 2022 onward. This trend is particularly evident in developed markets such as the U.S. and Europe, which are forecasted to encounter single-digit growth in market size by 2027. These projections align with the findings in the report.

Interestingly, the Asia-Pacific region is positioned to lead in B2C E-Commerce sales value, surpassing North America and Western Europe. Furthermore, China is expected to establish its dominance over the U.S. and Europe in terms of B2C E-Commerce sales value by 2025, with its value almost ten times that of the U.S. value alone.

Latin America displays major growth potential post-pandemic

Conversely, while developed markets experience restrained growth, Latin America stands out as a region with significant post-pandemic growth potential. Latin America is projected to display a mid-range double-digit Compound Annual Growth Rate (CAGR) in its B2C E-Commerce market between 2022 and 2025. Notably, in 2022, Brazil held a prominent lead in B2C E-Commerce market size, followed by Mexico and Argentina. Intriguingly, Argentina, despite ranking third in market size in 2022, is anticipated to exhibit the most substantial CAGR in the region by 2025. These observations underscore the considerable growth potential outlined in the recent publication.

Questions Covered

1. What is the projected B2C E-Commerce market size in various regions by 2027?
2. Which countries will have the biggest B2C E-commerce market growth by 2027?
3. What are the major B2C E-Commerce trends worldwide in 2023?
4. Which demographic shopped online the most in 2022 in Europe?
5. In Latin America, which were the most used payment methods in B2C E-Commerce in 2022?

Countries Covered

  • USA
  • UK
  • France
  • Russia
  • Spain
  • Germany
  • Italy
  • Poland
  • Austria
  • China
  • South Korea
  • Japan
  • Australia
  • India
  • Singapore
  • Brazil
  • Mexico
  • Colombia
  • Argentina
  • Peru
  • Chile
  • UAE
  • Saudi Arabia
  • Egypt
  • Nigeria
  • South Africa
  • Kenya

Table of Contents

1. Key Takeaways
  • Key Takeaways of B2C E-Commerce Market and Trends, August 2023 (1 of 2)
  • Key Takeaways of B2C E-Commerce Market and Trends, August 2023 (2 of 2)
2. Management Summary
3. Global
  • B2C E-Commerce Market Overview, June 2023
  • B2C E-Commerce Market Trends, June 2023
  • Social Commerce Market Trends, July 2023
  • B2C E-Commerce Market Size, in USD trillion, & Year-on-Year Change, in %, 2021-2026f
  • B2C E-Commerce Market Size, in USD trillion, 2023e & 2026f
  • B2C E-Commerce Market Size, in USD trillion, 2022 & 2027f*
  • B2C E-Commerce Sales Growth, in %, 2015-2026f
  • B2C E-Commerce Sales Value, in USD trillion, 2023f* & 2025f
  • B2C E-Commerce Sales Value, by Country/Region, in USD trillion, 2025f
  • B2C E-Commerce Sales Value of Top 3 Regions, in USD trillion, 2022
  • Breakdown of B2C E-Commerce Sales Value, by Region, in %, 2022
  • B2C E-Commerce Sales Value of Top 3 Product Categories, in USD billion, 2022
  • Breakdown of B2C E-Commerce Sales Value, by Product Category, in %, 2022
  • Breakdown of Payment Method Types Used in B2C E-Commerce, in %, 2023e
4. North America
4.1. USA
  • Mobile Commerce Market Trends, July 2023
  • B2C E-Commerce Sales, in USD trillion, 2021 & 2022
  • Retail E-Commerce Sales, in USD trillion, in % of Total Retail Sales, 2022-2027f
  • Year-Over-Year Growth in Online Sales, in %, 2013-2022
  • Share of B2C E-Commerce Sales of Total Retail Sales, in %, 2021 & 2022
  • Retail E-Commerce Sales Share of Total Retail E-Commerce Sales, by Product Category, in % of Total Retail E-Commerce Sales, 2023e & 2027f
  • Retail Marketplace E-Commerce Sales, in USD billion, in % of Total Retail E-Commerce Sales, 2023e-2027f
  • Top B2C E-Commerce Marketplaces, by Sales Value, in USD billion, 2023e
  • Total Value of Amazon Retail E-Commerce Sales, in USD billion & Share of Amazon Retail Sales, in % of E-Commerce Sales, 2020-2024f
  • Total Value of Amazon Business Product Sales, in USD billion & Share of Amazon Business Product Sales, in % of B2B E-Commerce Site Sales, 2022e-2026f
  • Overview of Amazon’s B2C and B2B E-Commerce Market, July 2023
  • Comparison of Amazon, eBay and Walmart’s E-Commerce Marketplaces, July 2023
  • TikTok Shop Market Overview, July 2023 (1 of 2)
  • TikTok Shop Market Overview, July 2023 (2 of 2)
5. Europe
5.1. Regional
  • Retail E-Commerce Sales, in USD billion, in % of Total Retail Sales, 2022e-2026f
  • Share of Internet Users Who Shopped Online in the Previous 12 Months, in %, February 2023
  • Share of Respondents Who Shopped Online in Past 12 Months, by Country, in % of Respondents, February 2023 (1 of 2)
  • Share of Respondents Who Shopped Online in Past 12 Months, by Country, in % of Respondents, February 2023 (2 of 2)
  • Share of Internet Users Who Shopped Online in the Past 12 Months, by Age Group, in % of Internet Users, 2022
  • Share of Internet Users Who Shopped Online in the Past 12 Months, by Level of Education, in % of Internet Users, February 2023
  • Share of Internet Users Who Shopped Online in the Past 12 Months, by Employment Status, in % of Internet Users, February 2023
  • Share of Internet Users Who Shopped Online in the Past 12 Months, by Nationality, in % of Internet Users, February 2023
  • Top Product Categories Purchased Online in the Past 12 Months, in % of Internet Users, February 2023
  • Share of Online Shoppers Purchasing from Sellers in the Past 12 Months, by Type of Seller, in % of Online Shoppers, February 2023
  • TikTok Shop Market Overview, July 2023
5.2. UK
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
5.3. France
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
5.4. Russia
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
5.5. Germany
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
5.6. Spain
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
5.7. Italy
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
5.8. Poland
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
5.9. Austria
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
6. Asia-Pacific
6.1. Regional
  • Retail E-Commerce Sales, in USD billion, in % of Total Retail Sales, 2022e-2026f
  • TikTok Shop Market Overview, July 2023
  • B2C E-Commerce Market Size, in USD trillion, 2023e & 2027f
6.2. China
  • B2C E-Commerce Market Size, in USD trillion, 2023e & 2027f
  • Year-Over-Year Growth in B2C E-Commerce Sales, in %, 2022 & 2023e
6.3. South Korea
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
6.4. Japan
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
6.5. Australia
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
6.6. India
  • B2C E-Commerce Market Size, in USD billion, 2022e & 2027f
  • B2C E-Commerce Market Size, in USD billion, 2022e, 2024f, 2026f & 2030f
  • B2C E-Commerce Market Size, in USD billion, in % of Total Retail Market*, FY 2020-FY 2023
  • B2C E-Commerce Marketplace GMV, in USD billion, 2022e & 2027f
  • Number of Online Shoppers, in millions, 2022e & 2027f
  • Annual Number of Online Shoppers, in millions, in % of Year-on-Year Change, FY 2021-FY 2023
  • Average Monthly Number of Online Shoppers, in millions, in % of Annual Online Shoppers, FY 2021-FY 2023
  • Number of B2C E-Commerce MSMEs*, in million, 2022e & 2027f
6.7. Singapore
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
7. Latin America
7.1. Regional
  • B2C E-Commerce Market Size, in USD billion, 2022e & 2025f*
  • B2C E-Commerce Market Size, by Country, in USD billion, 2022e
  • B2C E-Commerce Penetration, in % of Total Retail Sales, by Select Countries, 2022e
  • B2C E-Commerce Market CAGR, by Country, in %, 2022e-2025f
  • Average Annual B2C E-Commerce Spending Per Person, by Country, in USD, 2022e
  • Share of Average Annual B2C E-Commerce Spending Per Person Making Up Total Average Annual Spending Per Person, by Country, in %, 2022e
  • B2C E-Commerce Market Size, by Vertical, in USD billion, 2022e & 2025f
  • CAGR of B2C E-Commerce Market Size, by Vertical, in %, 2022-2025
  • Breakdown of Payment Methods Used in B2C E-Commerce, by Select Countries, in %, 2022e
  • Distribution of B2C E-Commerce Payment Methods, in USD billion, 2022e & 2025f
7.2. Brazil
  • B2C E-Commerce Market Size, in USD billion, 2022e*-2025f*
7.3. Mexico
  • B2C E-Commerce Market Size, in USD billion, 2022e*-2025f*
7.4. Colombia
  • B2C E-Commerce Market Size, in USD billion, 2022e*-2025f*
7.5. Argentina
  • B2C E-Commerce Market Size, in USD billion, 2022e*-2025f*
7.6. Peru
  • B2C E-Commerce Market Size, in USD billion, 2022e*-2025f*
7.7. Chile
  • B2C E-Commerce Market Size, in USD billion, 2022e*-2025f*
8. Middle East & Africa
8.1. Regional
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
8.2. UAE
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
  • Share of Internet Users Engaging in Selected B2C E-Commerce Activities Weekly, in % of Internet Users, Q3 2022
8.3. Saudi Arabia
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
  • Share of Internet Users Engaging in Selected B2C E-Commerce Activities Weekly, in % of Internet Users, Q3 2022
8.4. Egypt
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
  • Share of Internet Users Engaging in Selected B2C E-Commerce Activities Weekly, in % of Internet Users, Q3 2022
8.5. Nigeria
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
  • Share of Internet Users Engaging in Selected B2C E-Commerce Activities Weekly, in % of Internet Users, Q3 2022
8.6. South Africa
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
  • Share of Internet Users Engaging in Selected B2C E-Commerce Activities Weekly, in % of Internet Users, Q3 2022
  • B2C E-Commerce Site Takealot.com Developments, July 2023
8.7. Kenya
  • B2C E-Commerce Market Size, in USD billion, 2023e & 2027f
  • Share of Internet Users Engaging in Selected B2C E-Commerce Activities Weekly, in % of Internet Users, Q3 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Amazon
  • eBay
  • Etsy
  • Lazada
  • Meta
  • Mr D food
  • Nike
  • Pick n Pay
  • Shopee
  • Takealot.com
  • TikTok
  • Tokopedia
  • Walmart