Jan 16, 2020 for 2025, the indonesian e commerce market was predicted to generate 82 billion u. Guide to understanding the ecommerce market in china. Accordingly, dutch companies should pay particular attention to. The flourishing level of business and the stilluntapped potential are combining to make the area very exciting for online sellers. South asia, and southeast asia, as of december 2017. New york, june 12, 2017 prnewswire with estimated growth rates in the double digits, southeast asia is leaving its mark on the worldwide ecommerce scene. The biggest international online bookstore in thailand. Internationalization and managing networks in the asia.
For instance, while china has high growth potential but less favorable online consumer behavior and. Global e commerce market share of leading e retailers 2018. Southeast asia b2c ecommerce market 2017 pr newswire. Several markets experienced higher consumer spending and ecommerce activity, as well as improving export business. There is no questioning the impact that e commerce is having on how consumers shop and buy.
In 2017, retail ecommerce sales worldwide amounted to 2. Jul 03, 2018 southeast asias online shopping market is big and getting bigger. 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. The most sophisticated digital economy of southeast asia, singapore already has a wellserved e commerce market with several international companies competing for its limited but affluent. We are pleased to present our 2017 asia ecommerce industry overview. In 2017, the government launched promptpay service that allows. According to nielsen e commerce measurement powered by rakuten intelligence, u. New startups are entering the market and big established bricks and mortar brands are increasingly pushing to achieve significant chunks of the e commerce market. Developing ecommerce market entry strategies in asia pacific, advisory report 2015 these countries present viable business opportunities but are clearly part of a highly fragmented region. With carrefours ecommerce attempts, competition of the online channels among supermarkets, hypermarkets, convenience stores is set to become more intense. E commerce index ranked the economy as the 7th most attractive market in a list of top 30 economies globally 2.
Dublinbusiness wireresearch and markets has announced the addition of the thailand b2c e commerce market 2017 report to their offering. The ecommerce market encompasses the sale of physical goods via a digital channel to a private end user b2c. Annual sales have expanded significantly since 2015, jumping 47. The e commerce market in china is expected to grow by about 19 percent year on year in 2017, a report said on thursday. Feb 12, 2018 the 3rd ecommerce expo asia gathered 53 worldfamous exhibitors and there were over 50,000 visitors joined the expo. In the time period between 2016 and 2021, ecommerce sales in asiapacific are forecasted to experience hefty doubledigit growth rates as well. Among the e commerce markets in the world, japan ranks as the third largest and one of the fastest growing. Internationalization and managing networks in the asia pacific consists of theories and analysis in sections that are related to network management, the power of business networking and the significance and role that business networking plays in propelling organizations towards international business, especially in asia. The state of indian ecommerce in 2017 china and the us may be the biggest markets for ecommerce, but ignore india at your own peril, as it is the fastest growing market for the sector. Asiapacific b2c ecommerce market 2017 research and markets. Evolution or revolution c 2014 t n company 7 emerging markets race to embrace e commerce the appetite for online browsing is strongest in the largely developing regions of latin america and asia.
Developing ecommerce market entry strategies in asia pacific. Michael kors raises outlook on asia, ecommerce sales. Thailand b2c ecommerce market 2017 research and markets. Forget china, theres an ecommerce gold rush in southeast asia. Dublin, june 09, 2017 globe newswire research and markets has announced the addition of the southeast asia b2c ecommerce market.
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. Jun 14, 2017 asia pacific b2c e commerce market 2017. In this report, we explore the drivers of growth in vietnams retail sector, and take a look at. Apr 26, 2017 the report titled thailand b2c ecommerce market 2017 published by says that thailand is the second largest economy in southeast asia, behind indonesia, and also ranks second in b2c ecommerce sales. Global e commerce market share of leading e retailers 2018 digital market outlook. In asiapacific, techsavvy consumers have already embraced the convenience of online shopping. Forget china, theres an ecommerce gold rush in southeast. Transaction value of chinas mobile e commerce market.
These are the big trends driving sea ecommerce in 2019. This report ecommerce in china the future is already here builds on the survey findings of the global total retail 2017. The online market is expected to grow by 56% in 20152020. Among the fastest growing subsectors of chinas ecommerce market is cbec the purchase of overseas products via ecommerce platforms. The ecommerce market of southeast asia is substantial, and still developing at a rapid pace. Top 10 e commerce sites in singapore 2019 with welldeveloped infrastructures and a high income, digitallysavvy population, singapore is a very mature market for e commerce.
Indeed, the rise of ecommerce and digital retail channels in vietnam is one of the top trends to watch. Retail in vietnam navigating the digital retail landscape. While the market is still in its formative stages, the country has ruled the e commerce scene is southeast asia. Uniting integrators, commercial and postal operators, it discussed the key challenges facing. E commerce markets are growing at noticeable rates. New york, june 12, 2017 prnewswire with estimated growth rates in the double digits, southeast asia is leaving its mark on the worldwide e commerce scene. Thailand second largest ecommerce b2c market in southeast asia. The asia pacific ecommerce region apac accounted for 40 per cent of all ecommerce sales across the globe in the first quarter of 2017. According to nielsen ecommerce measurement powered by rakuten intelligence, u. Retail 2017 survey highlights mobile commerce, secure platforms, and big data analytics, among others, as key investment areas for global retailers to thrive in years to come.
In 2017, retail e commerce sales worldwide amounted to 2. Jun 22, 2015 sheji ho contributor sheji ho is the group cmo of acommerce. Nearly half of online spending in thailand came from m commerce in 2016. This timeline shows the retail e commerce sales figures in asia pacific from 2014 to 2015. Thailand second largest ecommerce b2c market in southeast. Dublin, june 09, 2017 globe newswire research and markets has announced the addition of the southeast asia b2c ecommerce.
Overview of e commerce market and international comparisons, march 2017 b2c e commerce sales in southeast asia, by country, incl. More posts by this contributor 11 trends that will shape southeast asian ecommerce in 2017 10 trends that will shape southeast asian e. Thailand, in usd million, 2015 total retail sales and retail e commerce sales, in usd billion, and e commerce share of total retail sales, in %, in. Other barriers to ecommerce success include internet access, shipping costs, high taxes and problematic delivery logistics. Insights into the growth of the asian ecommerce market with payment methods, online shopper profiles, digital advertising, logistics and economy all profiled. Asia pacific b2c e commerce market 2017 asia pacific forecasted to take half of global online retail sales by 2021, reports. Top ecommerce trends to inform your 2017 marketing strategy.
State of ecommerce in southeast asia 2017 by iprice group. An efficient ecommerce marketplace requires information and communication technology infrastructureincluding internet access, speed. There is no questioning the impact that ecommerce is having on how consumers shop and buy. Embracing the ecommerce revolution in asia and the pacific. Uniting integrators, commercial and postal operators, it discussed the key challenges facing the industry, offering key insights into the solutions which will overcome new challenges. A research conducted in 2016 by the ministry of economy, trade and industry indicates that the japanese e commerce btoc market. What will thailands ecommerce market look like in five years. Asia is the worlds largest ecommerce marketplace and continues to grow rapidly. Retail transaction of chinas rural e commerce market amounts to 894.
Ecommerce share of retail sales in asiapacific in 2017 by country. This statistic shows retail ecommerce sales as a percent of total retail sales in selected asia pacific countries in 2017. Heres the breakdown of where the regions at and where its headed. Confidential ecommerce in asia broad perspectives august 2017. Unfortunately, its also fraught with questions and challenges. Apart from consumer electronics stores, book shops asia books and. Then i handpicked titles from that group, based on customer ratings and relation to ecommerce.
The scale and growth rate of ecommerce in asia really sets it apart from other parts of. This report ecommerce in china the future is already here builds on the survey findings of the global total retail 2017 to identify nine key. Persistence market research offers a four year trend analysis for 2012 to 2016 and a four year forecast for the global e book reader market between 2017 and 2020. May 17, 2017 thailands e commerce market ranks second and also has the highest rate of m commerce penetration. Metro manila, philippines embracing the e commerce revolution in asia and the pacific. The state of indian ecommerce in 2017 tech in asia.
With this in mind, it will be interested to see how 2017 will contribute to the industrys growth. To help you take hold of the opportunities, weve pulled together comprehensive data and organized everything into 11 international growth trends. Jun 09, 2017 dublin, june 09, 2017 globe newswire research and markets has announced the addition of the southeast asia b2c e commerce market 2017 report to their offering. While the market is still in its formative stages, the country has ruled the ecommerce scene is southeast asia for quite some time now.
Post, parcel, ecommerce conference leaders in logistics. There are a number of attractive ecommerce markets within. Find promotions or preorder book, ebook, magazine, emagazine, stationery and more. The lazadaalibaba deal, alibabas largest overseas acquisition to date, is a pivotal event for southeast asia and its implications span the entire commerce value chain from digital advertising. China has entered a new retail era characterized by online and offline. Top ecommerce trends to inform your 2017 marketing. Assessing retail store size and the impact of ecommerce. Asia is the farthest down the ecommerce maturity curve. Just like amazon, flipkart first sold books, but it quickly started offering. This study demonstrates the market dynamics and trends globally across five regions north america, latin america, europe, asia. Transaction value of chinas crossborder import e commerce amounts to 1.
Regarding singapore, it contains the regions most advanced e commerce market, the largest b2c e commerce share of total retail sales, and the highest internet penetration. Like most emerging ecommerce markets in southeast asia, cash reigns as the most. Asia ecommerce broad perspectives 2h2017 slideshare. Embracing the ecommerce revolution in asia and the pacific asia is the worlds largest ecommerce marketplace and continues to grow rapidly. Promoting e commerce to globalize asiapacific economic. Indeed, the rise of e commerce and digital retail channels in vietnam is one of the top trends to watch. New startups are entering the market and big established bricks and mortar brands are increasingly pushing to achieve significant chunks of the e commerce market as consumers increasingly move online.572 1220 1177 979 116 854 1026 1208 515 1214 521 1356 1162 598 94 890 1496 603 1073 1041 595 1435 1540 249 1319 990 1016 1230 539 1305 1427 1496 477 912 825