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Cross-Border B2B Electronic Commerce Market Size in 2023: Demand Analysis | Valuates Reports
According to new survey, global Cross-Border B2B Electronic Commerce market is projected to reach US$ 157260 million in 2029, increasing from US$ 128170 million in 2022, with the CAGR of 3.0% during the period of 2023 to 2029.
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According to International Telecommunication Union (ITU), the global Internet users (online population) were more than 5 billion. And the number of online shoppers was also increasing. In 2022, the global e-commerce market penetration rate increased to 19.7%, and the e-commerce market reached $5.5 trillion. At the same time, the Asian e-commerce market ranked at the top of the revenue ranking, which has reached $1.8 trillion. According to the National Bureau of Statistics, China was the largest online retail market in 2022, with online retail sales of 13.79 trillion yuan and a year-on-year increase of 4%. Among them, the online retail sales of physical goods were 11.96 trillion yuan, with a year-on-year increase of 6.2%, which accounted for 27.2% of the total retail sales of consumer goods.
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By Type
• Buyer-oriented E-commerce
• Supplier-oriented E-commerce
• Intermediary-oriented E-commerce
By Application
• Beauty & Personal Care
• Books & Stationery
• Consumer Electronics
• Clothing & Footwear
• Sports & Leisure
• Travel & Tourism
Key Players
Amazon, Alibaba, Walmart, JD, Rakuten, Inc, Aliexpress.com, Ebay, Flipkart, LightInTheBox, SHEIN, IndiaMART
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