Retail E-Commerce Market
Global Retail E-Commerce Market Size, Share & Trends Analysis Report by Product (Groceries, Apparels & Accessories, Footwear, Personal & Beauty Care, Furniture & Household Decor, Electronic Goods, and Others), and by Type (Pure Market Place and Hybrid Market Place) Forecast Period (2022-2028)
The global retail e-commerce market is anticipated to grow at a significant CAGR of 9.1% during the forecast period. E-commerce has transformed the way business is done. The retail landscape has deeply changed during the time of the pandemic and even after. The rapid rise in e-commerce and movement restrictions induced by COVID-19 increased online retail sales is the key factor propelling the growth of the market. For instance, according to the United Nations Conference on Trade and Development, the share of total online retail sales from 16% to 19% in 2020. Moreover, the fluctuation of the COVID-19 pandemic and the ways it influences consumers’ shopping habits will likely continue into the foreseeable future.
Impact of COVID-19 Pandemic on Global Retail E-Commerce Market
COVID-19 has adversely affected the global economy, and the global economy was struggling due to the pandemic. Due to lockdown and government restrictions, people were forced to stay indoors and no physical movements were observed. However, The digital economy boomed during the COVID-19 pandemic. As people embraced social distancing, consumers turned to online shopping more than ever before. Moreover, Retailers stepped up to the challenge, not just by supporting more online sales, but by embracing emerging technologies that created connections with shoppers or made their customer experience more convenient.
Segmental Outlook
The global retail e-commerce market is segmented based on the product and type. Based on the product, the market is augmented into groceries, apparel & accessories, footwear, personal & beauty care, furniture & household decor, Electronic goods, and others. Based on the type, the market is bifurcated into the pure marketplace and hybrid marketplace. The apparel and accessories segment is expected to cater to the growth of the market over the forecast. Online retailers provide consumers with better prices along with more variety, as consumers get products directly from the sellers without involving any third party is the key factor fueling the market growth.
Global Retail E-Commerce Market Share by Product, 2021 (%)
The Groceries Segment is Expected to Hold a Significant Share in the Global Retail E-Commerce Market
Among the product segment, the groceries segment is expected to drive the growth of the segment in the retail e-commerce market over the forecast. During the pandemic, Grocers nationwide responded by expanding their availability of online shopping, adding delivery models, and offering curbside pick-up, which had positively impacted the growth of the market. For instance, according to think global health, from November 2019 to November 2021, Walmart's online sales grew by 87 %, while Amazon experienced a 200 % increase in profits during the pandemic, partially due to Amazon’s food purchases. A nationally representative survey found 34 % of households reported grocery shopping online more since the beginning of the pandemic and 60 % of these households planned to continue shopping online after the pandemic ends.
Regional Outlooks
The global retail 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). The market can be analyzed for a particular region or country level as per the requirement. The North America region is projected to contribute a considerable share of the market over the forecast, due to the availability of high-speed internet along with the well-established supply chain network for the delivery of goods is boosting the growth of the market over the forecast.
Global Retail E-Commerce Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to hold the Considerable Share in the Global Retail E-Commerce Market
The Asia-Pacific region is expected to hold a considerable share in the market over the forecast, due to rapid growth in smartphone adoption along with usage and urbanization is fueling the growth of the market. For instance, according to the India Brand Equity Foundation, with COVID-19-induced lockdowns, the sale of smartphones through online channels increased in 2020. Moreover, the government curbs social distancing and lockdown, there was a 39% rise in the average time spent by an Indian user on a smartphone.
Market Players Outlook
The major companies serving the global retail E-commerce market include Albertsons Companies, Inc., Amazon.com, Inc., Coupang Corp., Ebates Performance Marketing, Inc. dba Rakuten Rewards, Flipkart Pvt Ltd., Inter IKEA Systems B.V., Otto (GmbH & Co KG), Snapdeal Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, parterships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in 2020, Japanese apparel retailer Uniqlo, which entered India in 2019 through the single-brand FDI retail route, launched its full-fledged e-commerce operations in the country in July 2021. This came at a time when online shopping is gaining strong traction amidst the pandemic. The company expects 15% of its total sales to come from the online channel in due course.
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 global 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.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Retail E-Commerce Market
• Recovery Scenario of Global Retail E-Commerce Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Albertsons Companies, Inc.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Albertsons Companies, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Amazon.com, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Coupang Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Ebates Performance Marketing, Inc. dba Rakuten Rewards
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Retail E-Commerce Market by Product
4.1.1. Groceries
4.1.2. Apparels & Accessories
4.1.3. Footwear
4.1.4. Personal & Beauty Care
4.1.5. Furniture & Household Décor
4.1.6. Electronic Goods
4.1.7. Others (Books, Movie Tickets & Food Delivery)
4.2. Global Retail E-Commerce Market by Type
4.2.1. Pure Market Place
4.2.2. Hybrid Market Place
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Flipkart Pvt Ltd.
6.2. Inter IKEA Systems B.V.
6.3. Otto (GmbH & Co. KG)
6.4. Snapdeal Ltd.
6.5. Taobao
6.6. The Kroger Co.
6.7. Walmart Inc.
1. GLOBAL RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL GROCERIES RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL APPARELS & ACCESSORIES RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL FOOTWEAR RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL PERSONAL & BEAUTY CARE RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL FURNITURE & HOUSEHOLD RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ELECTRONIC GOODS RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL OTHERS RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
10. GLOBAL RETAIL E-COMMERCE BY PURE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL RETAIL E-COMMERCE BY HYBRID MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
15. NORTH AMERICAN RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
16. EUROPEAN RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
18. EUROPEAN RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
22. REST OF THE WORLD RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. REST OF THE WORLD RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
24. REST OF THE WORLD RETAIL E-COMMERCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL RETAIL E-COMMERCE MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL RETAIL E-COMMERCE MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL RETAIL E-COMMERCE MARKET, 2021-2028 (%)
4. GLOBAL RETAIL E-COMMERCE MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
5. GLOBAL GROCERIES RETAIL E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL APPARELS & ACCESSORIES RETAIL E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL FOOTWEAR RETAIL E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL PERSONAL & BEAUTY CARE RETAIL E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL FURNITURE & HOUSEHOLD DECORS RETAIL E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL ELECTRONIC GOODS RETAIL E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL OTHERS RETAIL E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL RETAIL E-COMMERCE MARKET SHARE BY TYPE, 2021 VS 2028 (%)
13. GLOBAL RETAIL E-COMMERCE BY PURE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL RETAIL E-COMMERCE BY HYBRID MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL RETAIL E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. US RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
17. CANADA RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
18. UK RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
19. FRANCE RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
20. GERMANY RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
21. ITALY RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
22. SPAIN RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF EUROPE RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
24. INDIA RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
25. CHINA RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
26. JAPAN RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
27. SOUTH KOREA RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD RETAIL E-COMMERCE MARKET SIZE, 2021-2028 ($ MILLION)
