Retail E-Commerce Market Booming Worldwide with Latest Trend and Future Scope by 2028

The Retail E-Commerce market is anticipated to grow at a considerable CAGR of 9.1 % during the forecast period. The various initiatives such as Digital India, Make in India, Start-up India, Skill India, and Innovation Fund. The timely and effective implementation of such programs is supporting the growth of E-commerce in the country, which is positively impacting the growth of the retail e-commerce market over the forecast. For instance, in November 2021, the Government e-Marketplace (GeM) portal served 7.96 million orders worth Rs 152,315 crore (US$ 20.40 billion) to 55,433 buyers from 3.06 million registered sellers and service providers. Moreover, in October 2021, the Government e-Marketplace (GeM) portal served 7.78 million orders worth $19.29 billion to 54,962 buyers from 2.92 million registered sellers and service providers.

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Furthermore, the major developments in the Indian e-commerce sector by companies are another factor propelling the growth of the retail e-commerce market over the forecast. For instance, Flipkart, India’s e-commerce powerhouse, announced in July 2021 that it has raised US$ 3.6 billion in new funding from various sources including sovereign funds, private equities, and Walmart (parent company).

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  • Market Coverage
  • Market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Retail E-Commerce Market Report Segment

By Product

  • Groceries
  • Apparels & Accessories
  • Footwear
  • Personal & Beauty Care
  • Furniture & Household Décor
  • Electronic Goods
  • Others

By Type

  • Pure Market Place
  • Hybrid Market Place

Retail E-Commerce Market Report Segment by Region

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

  • Latin America
  • Middle East & Africa

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the Retail 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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