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Global Cross-border B2C E-commerce Market to reach USD 3428.46 billion by the end of 2029

Global Cross-border B2C E-commerce Market Size study & Forecast, by Offering (In-House Brands, Assorted Brands), by Payment Method (Digital Wallets, Credi/Debit Cards, Internet Banking, Others), by Category (Entertainment & Education, Apparel & Accessories, Consumer Electronics, Home Furnishing, Personal Care & Beauty, Healthcare & Nutrition and Others) and Regional Analysis, 2022-2029

Product Code: ICTE-41874183
Publish Date: 16-11-2022
Page: 200

Global Cross-border B2C E-commerce Market is valued at approximately USD 719.02 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 25.0% over the forecast period 2022-2029. Cross-border e-commerce refers to e-commerce that occurs across international borders. It describes the transnational and international exchange of commodities purchased and sold from internet shops. This exchange happens between a company, a retailer, or a brand and its client. A contemporary method of international trade that involves a transaction organisation shared by two or more countries is cross-border e-commerce. The Cross-border B2C E-commerce market is expanding because of factors such as rising prevalence of smartphones and internet, rising young metropolitan population and formulation developments. However, number of logistic issues, including import regulations and high shipping costs may halt market growth.

According to Statista, in year 2021 there were around 6,259 million smartphone subscribers which increased to 6,567 million in year 2022 and it is projected to increase to 7,690 million smartphone subscribers by year 2027. As a result, the increase in number of smartphone subscribers leads to rise in the adoption of e-commerce industry. Other important components driving the growth of market are rising urbanization and rising convenience with window shopping.

The key regions considered for the Global Cross-border B2C E-commerce Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Due to variables including the region’s sizable client base, the Asia Pacific region is predicted to be the top region among these. Additionally, it is anticipated that the region’s expanding international commercial links will fuel regional growth. Over the course of the forecast period, North America is anticipated to have tremendous growth. The growing desire for affordable, high-quality products is responsible for this increase. Furthermore, this region’s high Price Level Index (PLI) stimulates the expansion of the regional market by enabling consumers to browse for goods at competitive prices.
Major market players included in this report are:
Amazon.com, Inc.
Alibaba Group Holding Limited
eBay Inc.
ASOS
Jingdong JD.com
Fruugo.com Ltd.
Veepee
Rakuten
SIA Joom (Latvia)
Zalando
Recent Developments in the Market:
 In February 2022, to increase the seller’s reach, Shopify and JD.com, a Chinese e-commerce company, partnered up. The JD Marketplace channel was consequently introduced to the Shopify platform, allowing retailers to launch their businesses in China in 3 weeks as opposed to the usual 12 months.
 In Aug 2019, Citibank introduced a global wallet that enables users to make online purchases in 150 different countries without having to convert money.
Global Cross-border B2C E-commerce Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Offering, Payment Method, Category, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
In-House Brands
Assorted Brands
By Payment Method:
Digital Wallets
Credit/Debit Cards
Internet Banking
Others
By Category:
Entertainment & Education
Apparel & Accessories
Consumer Electronics
Home Furnishing
Personal Care & Beauty
Healthcare & Nutrition
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Cross-border B2C E-commerce Market, by Region, 2019-2029 (USD Billion)
1.2.2. Cross-border B2C E-commerce Market, by Offering, 2019-2029 (USD Billion)
1.2.3. Cross-border B2C E-commerce Market, by Payment Method, 2019-2029 (USD Billion)
1.2.4. Cross-border B2C E-commerce Market, by Category, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cross-border B2C E-commerce Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cross-border B2C E-commerce Market Dynamics
3.1. Cross-border B2C E-commerce Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing young metropolitan population
3.1.1.2. Increasing penetration of smartphones and internet
3.1.2. Market Challenges
3.1.2.1. A number of logistic issues, including import regulations
3.1.2.2. High shipping cost
3.1.3. Market Opportunities
3.1.3.1. Growing preference for online shopping due to social media’s influence
3.1.3.2. Rising adoption and acceptance of digitization
Chapter 4. Global Cross-border B2C E-commerce Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Cross-border B2C E-commerce Market, by Offering
6.1. Market Snapshot
6.2. Global Cross-border B2C E-commerce Market by Offering, Performance – Potential Analysis
6.3. Global Cross-border B2C E-commerce Market Estimates & Forecasts by Offering, 2019-2029 (USD Billion)
6.4. Cross-border B2C E-commerce Market, Sub Segment Analysis
6.4.1. In-House Brands
6.4.2. Assorted Brands
Chapter 7. Global Cross-border B2C E-commerce Market, by Payment Method
7.1. Market Snapshot
7.2. Global Cross-border B2C E-commerce Market by Payment Method, Performance – Potential Analysis
7.3. Global Cross-border B2C E-commerce Market Estimates & Forecasts by Payment Method, 2019-2029 (USD Billion)
7.4. Cross-border B2C E-commerce Market, Sub Segment Analysis
7.4.1. Digital Wallets
7.4.2. Credi/Debit Cards
7.4.3. Internet Banking
7.4.4. Others
Chapter 8. Global Cross-border B2C E-commerce Market, by Category
8.1. Market Snapshot
8.2. Global Cross-border B2C E-commerce Market by Category, Performance – Potential Analysis
8.3. Global Cross-border B2C E-commerce Market Estimates & Forecasts by Category, 2019-2029 (USD Billion)
8.4. Cross-border B2C E-commerce Market, Sub Segment Analysis
8.4.1. Entertainment & Education
8.4.2. Apparel & Accessories
8.4.3. Consumer Electronics
8.4.4. Home Furnishing
8.4.5. Personal Care & Beauty
8.4.6. Healthcare & Nutrition
8.4.7. Others
Chapter 9. Global Cross-border B2C E-commerce Market, Regional Analysis
9.1. Cross-border B2C E-commerce Market, Regional Market Snapshot
9.2. North America Cross-border B2C E-commerce Market
9.2.1. U.S. Cross-border B2C E-commerce Market
9.2.1.1. Offering breakdown estimates & forecasts, 2019-2029
9.2.1.2. Payment Method breakdown estimates & forecasts, 2019-2029
9.2.1.3. Category breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Cross-border B2C E-commerce Market
9.3. Europe Cross-border B2C E-commerce Market Snapshot
9.3.1. U.K. Cross-border B2C E-commerce Market
9.3.2. Germany Cross-border B2C E-commerce Market
9.3.3. France Cross-border B2C E-commerce Market
9.3.4. Spain Cross-border B2C E-commerce Market
9.3.5. Italy Cross-border B2C E-commerce Market
9.3.6. Rest of Europe Cross-border B2C E-commerce Market
9.4. Asia-Pacific Cross-border B2C E-commerce Market Snapshot
9.4.1. China Cross-border B2C E-commerce Market
9.4.2. India Cross-border B2C E-commerce Market
9.4.3. Japan Cross-border B2C E-commerce Market
9.4.4. Australia Cross-border B2C E-commerce Market
9.4.5. South Korea Cross-border B2C E-commerce Market
9.4.6. Rest of Asia Pacific Cross-border B2C E-commerce Market
9.5. Latin America Cross-border B2C E-commerce Market Snapshot
9.5.1. Brazil Cross-border B2C E-commerce Market
9.5.2. Mexico Cross-border B2C E-commerce Market
9.6. Rest of The World Cross-border B2C E-commerce Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Amazon.com, Inc.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Alibaba Group Holding Limited
10.2.3. eBay Inc.
10.2.4. ASOS
10.2.5. Jingdong JD.com
10.2.6. Fruugo.com Ltd.
10.2.7. Veepee
10.2.8. Rakuten
10.2.9. SIA Joom (Latvia)
10.2.10. Zalando
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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