The Business Research Company’s Social Commerce Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Social Commerce Global Market Report 2023 evaluates social commerce market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global social commerce market size grew from $534.03 billion in 2022 to $565.83 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The social commerce market size is expected to grow to $689.56 billion in 2027 at a CAGR of 5.1%.
The social commerce market segments in the report are:
1) By Product Type: Personal And Beauty Care, Apparel, Accessories, Home Products, Health Supplements, Food And Beverage, Other Products
2) By Device Type: Laptops And PCs, Mobiles, Other Devices
3) By Bussiness Model: B2C, B2B, C2C
4) By End User: Individual, Commercial
Top Key Players
- Etsy Inc.
- Poshmark Inc.
- Paypal Payments Private Limited
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The table of contents in TBRC’s social commerce market report includes:
- Executive Summary
- Social Commerce Market Characteristics
- Social Commerce Market Trends And Strategies
- Social Commerce Market – Macro Economic Scenario
- Social Commerce Market Size And Growth
.
- Social Commerce Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Social Commerce Market
- Social Commerce Market Future Outlook and Potential Analysis
- Appendix
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