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Social Commerce In Asia-Pacific

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    Report

  • 40 Pages
  • May 2025
  • Region: Asia Pacific
  • GlobalData
  • ID: 6145309
Social Commerce in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Social commerce is the process of selling products and services directly through social media platforms such as Facebook, Pinterest, Instagram, etc. The entire shopping experience right from product discovery, selection and checkout takes place directly on the social media.
  • The Asia Pacific social commerce market recorded revenues of $899.17 billion in 2024, representing a compound annual growth rate (CAGR) of 25.7% between 2019 and 2024.
  • The apparel segment accounted for the market's largest proportion in 2024, with total revenues of $362.85 billion, equivalent to 40.4% of the market's overall value.
  • Asia-Pacific accounted for the largest share of 74.8% of the global social commerce market in 2024.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the social commerce market in Asia-Pacific
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the social commerce market in Asia-Pacific
  • Leading company profiles reveal details of key social commerce market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific social commerce market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Asia-Pacific social commerce market by value in 2024?
  • What will be the size of the Asia-Pacific social commerce market in 2029?
  • What factors are affecting the strength of competition in the Asia-Pacific social commerce market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Asia-Pacific's social commerce market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Meta Platforms Inc
8.2. Tencent Holdings Ltd
8.3. Xiaohongshu
8.4. TikTok Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Related the analyst research
10.3. About the Analyst
List of Tables
Table 1: Asia-Pacific social commerce market value: $ million, 2019-24
Table 2: Asia-Pacific social commerce market category segmentation: % share, by value, 2019-24
Table 3: Asia-Pacific social commerce market category segmentation: $ million, 2019-24
Table 4: Asia-Pacific social commerce market geography segmentation: $ million, 2024
Table 5: Asia-Pacific social commerce market value forecast: $ million, 2024-29
Table 6: Meta Platforms Inc: Key Facts
Table 7: Meta Platforms Inc: annual financial ratios
Table 8: Meta Platforms Inc: key employees
Table 9: Meta Platforms Inc: key employees Continued
Table 10: Tencent Holdings Ltd: Key Facts
Table 11: Tencent Holdings Ltd: annual financial ratios
Table 12: Tencent Holdings Ltd: key employees
Table 13: Xiaohongshu: Key Facts
Table 14: TikTok Inc: Key Facts
Table 15: Asia-Pacific Exchange Rate, 2019-24
List of Figures
Figure 1: Asia-Pacific social commerce market value: $ million, 2019-24
Figure 2: Asia-Pacific social commerce market category segmentation: $ million, 2019-24
Figure 3: Asia-Pacific social commerce market geography segmentation: % share, by value, 2024
Figure 4: Asia-Pacific social commerce market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the social commerce market in Asia-Pacific, 2024
Figure 6: Drivers of buyer power in the social commerce market in Asia-Pacific, 2024
Figure 7: Drivers of supplier power in the social commerce market in Asia-Pacific, 2024
Figure 8: Factors influencing the likelihood of new entrants in the social commerce market in Asia-Pacific, 2024
Figure 9: Factors influencing the threat of substitutes in the social commerce market in Asia-Pacific, 2024
Figure 10: Drivers of degree of rivalry in the social commerce market in Asia-Pacific, 2024

Companies Mentioned (Partial List)

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

  • Meta Platforms Inc
  • Tencent Holdings Ltd
  • Xiaohongshu
  • TikTok Inc