E-Commerce Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032

E-commerce market is anticipated to grow at a considerable CAGR of 12.9% during the forecast period. The market growth is driven by the strong and steady growth of internet users and rising awareness related to online shopping, increasing online product launching, low price due to bulk purchases, and so on. In addition, an increasing number of exclusive products in the market and lower prices of goods due to the direct distribution channel and economies of scale further contribute to the growth of the global e-commerce market.

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The global e-commerce market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America).   Among these regions, the Asia-Pacific region is anticipated to account for a significant share of the e-commerce market during the forecast period. The growth of the e-commerce market in the region is primarily driven by factors such as the growing penetration of e-commerce companies, and the presence of advanced infrastructure.

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  • Market Coverage
  • Market number available for – 2024-2030
  • Base year- 2023
  • Forecast period- 2024-2030
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global E-Commerce Market by Model Type 

  • B2B
  • B2C

Global E-Commerce Market by Product Type

  • Electronics
  • Apparel
  • Healthcare
  • Beauty and Personal Care
  • Pharmaceuticals, and Nutritional Products
  • Others
  • Home Furnishing Products
  • Books
  • Grocery

 Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • Alibaba Group Holding Ltd.
  • com, Inc.
  • ASOS PLC
  • eBay Inc.
  • com
  • Qoo10 Pte. Ltd.
  • Rakuten Group
  • Shopify
  • Snapdeal Pvt Ltd.
  • Walmart Inc.

The Report Covers

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global e-commerce market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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