The ecommerce and other non store retailers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Ecommerce And Other Non Store Retailers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The ecommerce & other non-store retailers market size has grown rapidly in recent years. It will grow from $4217.88 billion in 2023 to $4712.37 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to internet penetration, changing consumer behavior, mobile commerce (m-commerce), technological advancements, logistics and delivery infrastructure.
The ecommerce & other non-store retailers market size is expected to see rapid growth in the next few years. It will grow to $7328.5 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to e-commerce penetration, omnichannel retailing, personalization and ai, sustainable practices, global expansion. Major trends in the forecast period include continued e-commerce growth, live streaming and social commerce, rise of dtc (direct-to-consumer) brands, blockchain in supply chain.
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Scope Of Ecommerce And Other Non Store Retailers Market
The Business Research Company’s reports encompass a wide range of information, including:
Ecommerce And Other Non Store Retailers Market Overview
Market Drivers –
Retail companies are increasingly working towards providing customers with a seamless shopping experience and are thus working towards integrating their brick-and-mortar stores with online shopping. Omni channel retailing integrates the different methods of shopping available to consumers, such as by phone, online, or in a physical store. Retailers adopting this strategy offer customers numerous ways to purchase their products, through both online and offline channels. Thus, it is more flexible and convenient for consumers to purchase goods or services, which helps to boost sales. For example, Oasis, a UK-based fashion retailer, consolidates its e-commerce site, mobile app, and brick-and-mortar stores to provide an easier and better shopping experience. Associates working in the Oasis are provided iPads to give shoppers on-the-spot information on product availability. If an item is not in stock, the staff uses their iPads to place an online order for the customer. A similar service is provided to online shoppers. If an item is unavailable online, customers can use the company’s service, wherein the retailer searches its stores for the product and ships it to the shopper.
The ecommerce and other non store retailers market covered in this report is segmented –
1) By Type: E-Commerce, Vending Machine Operators, Direct Selling Establishments
2) By Product: Food, Clothing, Healthcare, Electronics, Other Products
3) By Payment Mode: Card Payments, Bank Transfers, Digital Wallets, Cash Payments, Other Payment Modes
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Regional Insights –
North America was the largest region in the e-commerce & other non-store retailers market in 2023. Asia-Pacific was the second-largest region in the e-commerce & other non-store retailers market. The regions covered in the e-commerce and other non-store retailers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies –
Major companies operating in the ecommerce and other non store retailers market include Amazon.com Inc., JD.com Inc., Alibaba Group Holding Limited, Walmart Inc., Suning.com Group, Vipshop Holdings Ltd., Wayfair Inc., Qurate Retail Inc., Otto GmbH & Co KG, eBay Inc., Zalando SE, Rakuten Group Inc., MercadoLibre Inc., Chewy Inc., Etsy Inc., ASOS Plc, Farfetch Limited, Pinduoduo Inc., Shopify Inc., Zara SA, Hennes & Mauritz AB, Nike Inc., Adidas AG, Lululemon Athletica Inc., Under Armour Inc., The RealReal Inc., ThredUp Inc., Poshmark Inc., StockX LLC, GOAT Group LLC.
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