Latin America B2C Ecommerce Market Opportunities Databook 2022: Industry to Reach $164.1 Billion in 2022
Dublin, Sept. 13, 2022 (GLOBE NEWSWIRE) -- The "Latin America B2C Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q2 2022 Update" report has been added to ResearchAndMarkets.com's offering.
The Q2 2022 B2C Ecommerce Survey, the market in Latin America is expected to grow by 18.87% on an annual basis to reach US$164.1 billion in 2022.
Medium to the long-term growth story of the B2C Ecommerce industry in Latin America promises to be attractive. The B2C Ecommerce is expected to grow steadily over the forecast period, recording a CAGR of 14.78% during 2022-2026. The country's B2C Ecommerce Gross Merchandise Value will increase from US$138.1 billion in 2021 to US$284.8 billion by 2026.
E-commerce giants are investing billions of dollars to further strengthen their positions
Amid the growing e-commerce market and the fact that more shoppers are expected to enter the industry over the next few years, e-commerce giants are investing billions of dollars in the country to further strengthen their position in the Mexican e-commerce industry.
With growing market competition, the Brazilian B2C e-commerce industry has become a battleground for global and local players. Over the next three to four years, Brazil is expected to be the key growth market for international firms as more mature markets such as Europe and the United States reach saturation.
Like the B2C e-commerce industry in Brazil, mobile commerce - online purchases made through mobile devices - have also recorded strong growth over the last few years. One of the primary reasons behind the growing mobile commerce segment in Brazil is the rapid adoption of social commerce. Live sales streaming sessions have reached millions of consumers across the country.
This has resulted in increased mobile commerce activities over the last two years.
In 2021, online shoppers in Brazil continued to show a healthy interest in buying from international e-commerce platforms. The growing preference for cross-border shopping among Brazilians shows that domestic players can increase their order volume by offering a vast range of products across different categories and at a better price.
Global e-commerce behemoths are seeking to launch their payment services in Brazil amid the rapid digital payment adoption
Along with the rise of the e-commerce industry, Brazil has also witnessed significant growth in adopting digital payment services over the last few years. With most of the population still falling under the unbanked or underbanked category, global e-commerce behemoths are seeking to launch their payment services in Brazil to tap into another high-growth market. For instance,
Scope
B2C Ecommerce Market Size and Future Growth Dynamics
Gross Merchandise Value Trend Analysis
Average Value Per Transaction Trend Analysis
Gross Merchandise Volume Trend Analysis
B2C Ecommerce Market Share by Key Players
Retail Shopping Ecommerce Market Share
Travel Ecommerce Market Share
Food Service Ecommerce Market Share
B2C Ecommerce Market Size and Forecast by B2C Ecommerce Segments (Gross Merchandise Value Trend Analysis, 2017-2026)
Retail Shopping ( breakdown by clothing, footwear & accessories, health, beauty and personal care, food & beverage, appliances and electronics, home improvement, books, music & video, toys & hobby, auto)
Travel and Hospitality (breakdown by air travel, train & bus, taxi service, hotels & resorts)
Online Food Service (breakdown by aggregators, direct to consumer)
Media and Entertainment (breakdown by streaming services, movies & events, theme parks & gaming)
Healthcare and Wellness
Technology Products and Services
B2C Ecommerce Market Size and Forecast by Retail Shopping Sales Channel
Platform to Consumer
Direct to Consumer
Consumer to Consumer
B2C Ecommerce Market Share by Travel and Hospitality Sales Channel
Market Share by Travel and Hospitality Sales Channel
Aggregator App
Direct to Consumer
B2C Ecommerce Market Size and Forecast by Online Food Service Sales Channel
Aggregator App
Direct to Consumer
B2C Ecommerce Market Size and Forecast by Engagement Model (Gross Merchandise Value Trend Analysis, 2017-2026)
Website Based
Live Streaming
B2C Ecommerce Market Size and Forecast by Location (Gross Merchandise Value Trend Analysis, 2017-2026)
Cross Border
Domestic
B2C Ecommerce Market Size and Forecast by Device (Gross Merchandise Value Trend Analysis, 2017-2026)
Mobile
Desktop
B2C Ecommerce Market Size and Forecast by Operating System
iOS/macOS
Android
Other Operating Systems
B2C Ecommerce Market Size and Forecast by City
Tier 1
Tier 2
Tier 3
B2C Ecommerce Market Size and Forecast by Payment Instrument (Gross Merchandise Value Trend Analysis, 2017-2026)
Credit Card
Debit Card
Bank Transfer
Prepaid Card
Digital & Mobile Wallet
Cash
Other Digital Payment
Companies Mentioned
99Food
AJ Mobilidade
Almundo
Amazon
Americanas
Aviatur
Beat
Best Day Travel
BlaBlaCar
Booking.com
Cabify
Casas Bahia
Coppel
CVC Brasil
Decolar Brasil
Despegar
DiDi Food
DiDi Taxi
Etiner
Falabella
FlytourEasy.cl
Fravega
Garbarino
Grupo Exito
Home Center
Hot Sale
iFood
James Delivery
Lider
Magazine Luiza
McDonald's
Mercado Libre
Musimundo
Papa John's
Paris.cl
PedidosYa
Rappi
RecorridoAmazon
Ripley
SinDelantal
TaDa Delivery
Uber
Uber Eats
Viva Aerobus
Volaris
Walmart
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