Dublin, Feb. 15, 2016 -- Research and Markets (http://www.researchandmarkets.com/research/m299z3/global) has announced the addition of the "Global Cross-Border B2C E-Commerce 2015" report to their offering.
Cross-border B2C E-Commerce is expanding worldwide. It is projected to see accelerating growth rates until 2017 and then decline slightly, while still maintaining double-digit growth figures. Global online shoppers are motivated to buy directly from foreign online merchants due to better product availability and prices, while among the major hindrances to cross-border purchases are customs charges, higher shipping costs and longer delivery times. Clothing and footwear succeeded as the product category most purchased by cross-border online shoppers across all global regions last year.
Asia-Pacific is predicted to become the largest region in global cross-border online retail, reaching a share of approximately 40% of all cross-border sales in the next years. China is an important country for both cross-border online imports and exports. Close to a third of active online shoppers in China have made purchases across borders, and China-based E-Commerce marketplace AliExpress of Alibaba Group is a popular destination for online shoppers in countries such as Brazil, Russia and others. Alibaba's competitor JD.com also strives to participate in the cross-border boom, having opened a global marketplace for overseas merchants to sell to China and having launched a website targeting Russian online shoppers.
Cross-border online shoppers in Canada and Latin America last year primarily targeted US online retailers. The most popular way of engaging in cross-border trade for the companies from the USA was through marketplaces such as Amazon. Amazon reported that, in 2014, cross-border sales volume of sellers on its marketplace nearly doubled. Online merchants from the UK are popular targets for cross-border online shoppers worldwide as well, with cross-border shipping accounting for nearly a quarter of online orders dispatched from the UK at the end of 2014. Generally, cross-border online shopping was more intense between the EU member states than between the EU countries and non-EU countries, but EU authorities are undertaking efforts to further spur cross-border online shopping, seeing the benefits both for consumers and the businesses.
Key Questions Answered:
- How is cross-border B2C E-Commerce developing around the world?
- Which countries are most targeted by cross-border online shoppers?
- How high is cross-border online shopper penetration in various countries?
- What product categories are most purchased in cross-border B2C E-Commerce?
- Which cross-border strategies are employed by the major online retailers?
Companies Mentioned
- ASOS
- AliExpress
- Alibaba
- Amazon
- Apple
- Casino Guichard-Perrachon S.A.
- DHL
- Dogeared
- eBay
- esco PLC
- FedEx
- Fly London
- Harper's Bazaar
- JD.com
- Kirkland Signature & Unisa
- Liberty Interactive Corporation
- Macy's Inc
- Otto GmbH & Co KG
- PayPal
- Rakuten
- S.Oliver
- Suning Commerce Group Co. Ltda
- Tmall
- UPS
- Ulmart
- Wal-Mart
For more information visit http://www.researchandmarkets.com/research/m299z3/global
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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