Retail E-Commerce Global Market Report 2023

“Retail E-Commerce Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on retail e-commerce market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for retail e-commerce? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The retail e-commerce market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: Pure Marketplace; Hybrid Marketplace; Brand; Retail Chain

• 2) By Sector: Organised; Unorganised

• 3) By Distribution Channel: Supermarkets & Hypermarkets; Convenience Stores; Specialty Stores; Department Stores; E-Commerce; Other Distribution Channels

• Companies Mentioned: The Kroger Co.; Walmart Inc.; Alibaba Group Holding Ltd.; Coupang Corp.; Ebates Inc.

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the retail e-commerce market are The Kroger Co., Walmart Inc., Alibaba Group Holding Ltd., Coupang Corp., Ebates Inc., Amazon.com Inc., eBay Inc., Inter IKEA Systems B.V., Otto GmbH & Co KG, Taobao, dba Rakuten, Flipkart Private Limited, Myntra, IndiaMART InterMESH Ltd., and ShopClues.

The global retail e-commerce market is expected to grow from $5.62 billion in 2022 to $6.20 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The retail e-commerce market is expected to grow to $9.16 billion in 2027 at a CAGR of 10.3%.

The retail e-commerce market includes revenues earned by entities by providing services such as food e-commerce, grocery e-commerce, and e-commerce logistics and grocery retail. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Retail e-commerce refers to exchange of goods and services via online platform between consumers and a retail distributer.

Asia-Pacific was the largest region in the retail e-commerce market in 2022. The regions covered in the retail e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of retail e-commerce are pure marketplace, hybrid marketplace, brand, and retail chain. Retail e-commerce can operate as a pure marketplace which refers to a marketplace that only provides selling, payment, and transaction facilities for sellers. They are based on organized and unorganized sectors operated through various distribution channels including supermarkets, hypermarkets, convenience stores, specialty stores, department stores, e-commerce, and others.

The increase in the usage of smartphones is significantly contributing to the growth of the retail e-commerce market going forward. Smartphone refers to a cellular telephone with an integrated computer and other features such as an operating system, the ability to run software applications, and web browsing. Smartphones help retail e-commerce by facilitating buying and selling goods and services through this wireless handheld device. For instance, according to Oberlo, a Germany-based drop shipping company, in 2022, the number of global smartphone users were estimated at 6.6 billion, marking a 4.9% annual increase. Therefore increase in the usage of smartphones is driving the retail e-commerce market.

Technological advancement is a key trend gaining popularity in the retail e-commerce market. Major companies operating in retail e-commerce are focusing on using the latest technologies like augmented reality, virtual reality, artificial intelligence, and machine learning to enhance user experience and gain a competitive edge in the market. For instance, Avataar, an India-based 3D and augmented reality company launched its single-click integration solution for online retailers. To provide consumers with an engaging 3D augmented reality (AR) purchasing experience, the company's out-of-the-box product will link with e-commerce platforms like Shopify and BigCommerce. Supernova, Avataar's computer vision, and AI-powered 3D content creation platform, powers the turnkey solution, allowing retailers to swiftly produce 3D product catalogs at scale. Within hours, the proprietary technology scans a merchant's existing product inventory and produces a photorealistic, life-size 3D enhancement. Avataar's platform also provides end-to-end workflow management, which includes quality checks and lives hosting.

In October 2022, The Kroger Co., a US-based grocery retailer and retail e-commerce company acquired Albertsons Companies, Inc. for $25 billion. The acquisition will increase Kroger's size and retail capabilities in the United States. Albertsons Companies, Inc. is a US-based grocery retailer and retail e-commerce company.

The countries covered in the retail e-commerce market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The retail e-commerce market research report is one of a series of new reports from The Business Research Company that provides retail e-commerce market statistics, including retail e-commerce industry global market size, regional shares, competitors with a retail e-commerce market share, detailed retail e-commerce market segments, market trends and opportunities, and any further data you may need to thrive in the retail e-commerce industry. This retail e-commerce market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.