DUBLIN–(BUSINESS WIRE)–The “China B2C E-Commerce Market 2024” report has been added to ResearchAndMarkets.com’s offering.
The popularity of Social Commerce remains strong in China and is extending into Western markets
By 2027, the B2C E-Commerce market is expected to grow substantially, with online retail sales projected to exceed half of total retail sales, showcasing a significant CAGR from 2023 onwards and driven by Social Commerce and integration of AI. Advancements like AI integration in online shopping experiences are gaining momentum, meeting evolving consumer demands.
There has also been a notable uptick in discount B2C E-Commerce adoption, especially during the recent 2023 holiday season, influenced by economic uncertainty and slower retail recovery post-COVID, with this trend originating from China and beginning to impact Western markets.
Major B2C E-Commerce players dominate the domestic market in China
Taobao & Tmall and JD.com dominate the domestic B2C E-Commerce landscape in China as of 2023. As the market continues to evolve rapidly, businesses are advised to keep pace with emerging trends and seize opportunities within this dynamic environment. According to findings in the report, specific sectors are experiencing robust growth, such as food and clothing online retail, with annual growth rates of around +11% each in 2023.
Key Questions Answered:
Key Topics Covered:
1. Key Takeaways
2. Management Summary
3. China in Global Comparison
4. China in APAC Comparison
5. China B2C E-Commerce Market Overview
6. China B2C E-Commerce Product Categories and Players
7. China B2C E-Commerce Market Overview in Rural Areas
8. China Livestreaming E-Commerce Market Overview
9. China Social Commerce Market Overview
10. China Discount B2C E-Commerce Market Overview
A selection of companies mentioned in this report includes
Alibaba Group
Amazon
Cluse
JD.com Inc
Meta
Pinduoduo Inc
Shein
Taobao and Tmall
Temu
TikTok
Walmart Inc
For more information about this report visit https://www.researchandmarkets.com/r/fc3aqe
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