The B2C e-commerce sales are expected to cross $1 trillion in 2016 globally according to the report.UK, Germany, and South Korea were the top three countries globally by active online shopper penetration in the fourth quarter of 2015.
The developing nations in Asia-Pacific, the Middle East and Africa especially are predicted to stand out in terms of growth, with their share of global B2C e-commerce market increasing through 2019.
The untapped potential of emerging B2C e-commerce markets stemmed from growing internet and online shopper penetration said the report. In five years to 2015, the number of Internet users in Asia and the Middle East grew by a high double-digit percentage and in Africa the growth was in a three-digit range, according to the report findings.
Internet penetration rates in Latin America, Asia-Pacific and Africa were still below the global median, as of last year. As newly connected individuals discover the advantages of online purchases, three out of the top five countries by number of online shoppers are predicted to be from the emerging Asia by 2019.
The report covers global, regional and country levels including m-commerce, cross-border shopping, social commerce and omnichannel retail. (HO)
Fibre2Fashion News Desk – India
| On 16th Apr 2021
Vietnam's exports to its partners in the Comprehensive and...
Smartwool, a Denver, US-based maker of merino wool apparel for active ...
Steve Madden Ltd, a leading designer and marketer of fashion-forward...
International apparel brands
Launched first collection at onset of Covid
Fashion tech has to be lean and very productive
Still struggling to mop up higher sales
Established in 2017 and headquartered New York, the label Harleen Kaur...
Jumac, pioneers in
spinning can manufacturing in India, was founded in...
Dr. Vijaya Kumar
Dr MM Kariappa founded the Vogue Institute of Art & Design in 1996....
With forces in engineering and process development, Andritz Nonwoven...
Arevo, based in Silicon Valley in California, develops technology to...
Dieffenbacher India Pvt Ltd
Germany-based Dieffenbacher Group is a producer of high-quality composites ...
Vidur Adlakha & Riccardo Bennidini
With an active presence in US, Italy and India, clothing brand La Fuori...
Sailesh Singhania Label
The Sailesh Singhania label was created to promote handwoven sarees and...
Label Sneha Arora
Sneha Arora, an alumnus of National Institute of Fashion Technology,...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.
Download Free Report
Rising Opportunities in Technical Textiles Market: 2020-2026
Thank you for showing interest in our free report on 'Rising Opportunities in Technical Textiles Market: 2020-2026'
You will receive an email shortly with a link to download the report and in case if you don't receive our email, you can write back to firstname.lastname@example.org.