|[August 19, 2014]
Research and Markets: Asia-Pacific B2C E-Commerce Market 2014
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/wc5t3n/asiapacific_b2c)
has announced the addition of the "Asia-Pacific
B2C E-Commerce Market 2014" report to their offering.
Asia-Pacific is the fastest growing region on the global B2C E-Commerce
market. Between 2013 and 2018 it is forecasted to grow by over 20%
annually and surpass North America to become the number one region
worldwide in terms of B2C E-Commerce sales. The large population base
coupled with increasing Internet connectivity and disposable incomes set
the stagefor this rapid growth.
The booming Asia - Pacific market is a field of activity for both
regional and global players. The three largest companies based in the
region are China-based Alibaba and JD.com and Japan's Rakuten. While
Alibaba and JD.com shine on the global stage through IPO offerings,
Rakuten pursues customers around the globe by launching marketplaces
beyond the home region. Among the global brands with the large shares in
the region are Amazon, eBay (News - Alert) and Yahoo.
China is the largest online shopping market in the Asia-Pacific region
and second largest worldwide. The number of online shoppers, at over 300
million in 2013 continues to grow as Internet penetration continues. The
hottest trends on the booming E-Commerce market in China are the
development of mobile and social channels for online shopping, growing
popularity of group-buying websites and the rise in purchases of luxury
The number two market in Asia-Pacific and number three worldwide in
terms of online retail sales is Japan. Though the market is one of the
most advanced, further growth of close to 10% is still expected,
primarily from development of new channels, such as M-Commerce, whose
share on total retail has reached double-digit figures.
For more information visit http://www.researchandmarkets.com/research/wc5t3n/asiapacific_b2c
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