South Africa Online Retail Industry Report 2020: Market Grew by Approx 40% During COVID-19 Lockdown
Dublin, Sept. 29, 2020 (GLOBE NEWSWIRE) -- The "The Online Retail Industry in South Africa 2020" report has been added to ResearchAndMarkets.com's offering.
This report examines South Africa's burgeoning online retail industry, with a particular focus on large online only players like Takealot, and the increasing ecommerce capacity of the country's major traditional retailers. The report includes detailed information on the state and size of the sector, developments and corporate actions and company performance. It includes comprehensive information on the effect of coronavirus and outlines developments emanating from the outbreak as well as from technological advances.
South Africa's online retail sector, though small by the standards of developed international markets, has been growing rapidly in scope and value. Despite enjoying double-digit sales growth for many years, online retail's share of South Africa's retail trade was still below 2% in 2019. The industry has huge long term growth potential. Investment in technology and supply chains is increasing, and the coronavirus outbreak and lockdown has driven an unprecedented boom in online spending and adoption. However the crisis has also affected the economy, employment, investment and incomes, and put pressure on consumer spending.
The coronavirus outbreak and economic lockdown had a huge impact on the online retail industry. It is estimated that online retail sales grew by around 40% during lockdown. International forecasts suggest that year-on-year growth may be in the region of 100%. A key impact of the crisis has been the huge increase in ecommerce adoption among businesses and consumers who otherwise may not have entered the online market for some time. There has been huge growth at many of the omnichannel retailers, although online gains have been partly offset by declines in consumer spending in physical stores and the wider retail sector.
There are profiles of 40 companies including major international companies such as Amazon and Alibaba, online only players such as Takealot, marketplaces including Bidorbuy and OneDayOnly, omnichannel retailers including Woolworths, Pick n Pay and Shoprite and classified companies such as Gumtree.
Key Topics Covered:
1. Introduction
2. Description of the Industry
2.1. Industry Value Chain
2.2. Geographic Position
3. Size of the Industry
4. State of the Industry
4.1. Local
4.1.1. Corporate Actions
4.1.2. Regulations
4.1.3. Enterprise Development and Socio-Economic Development
4.2. Continental
4.3. International
5. Influencing Factors
5.1. Economic Environment
5.2. Input Costs
5.3. Technology, Research and Development (R&D) and Innovation
5.4. Labour
5.5. Environmental Concerns
5.6. Barriers to Ecommerce Adoption
6. Competition
6.1. Barriers to Entry
7. SWOT Analysis
8. Outlook
9. Industry Associations
10. References
10.1. Publications
10.2. Websites
Appendix
Summary of Notable Players
Company Profiles
Alibaba Group Holding Ltd
Amazon.Com Inc
Bidorbuy (Pty) Ltd
Bolt Services Za (Pty) Ltd
Bubblestorm Management (Pty) Ltd
Carbonite Inc
Clicks Group Ltd
Cotton on South Africa (Pty) Ltd
Dis-Chem Pharmacies Ltd
Evetech (Pty) Ltd
Fashion United Sa (Pty) Ltd
Foschini Group Ltd (The)
Gumtree South Africa (Pty) Ltd
Homechoice (Pty) Ltd
Jade E-Services South Africa (Pty) Ltd
Jd Consumer Electronics and Appliances (Pty) Ltd
Loot Online (Pty) Ltd
Massmart Holdings Ltd
Mr Price Group Ltd
Munyhub Online Ticketing Services (Pty) Ltd
Naspers Ltd
Netflorist (Pty) Ltd
Onecart (Pty) Ltd
Onedayonly Offers (Pty) Ltd
Orderin (Pty) Ltd
Parcelninja (Pty) Ltd
Pick N Pay Stores Ltd
Quench Delivery (Pty) Ltd
Shopify Inc
Shopli (Pty) Ltd
Shoprite Holdings Ltd
Spar Group Ltd (The)
Spoiler Tags (Pty) Ltd
Takealot Online (Rf) (Pty) Ltd
Truworths International Ltd
Uber Technologies Inc
Woolworths Holdings Ltd
Wootware Computers (Pty) Ltd
Yuppiechef Online (Pty) Ltd
Zara Retail South Africa (Pty) Ltd
For more information about this report visit https://www.researchandmarkets.com/r/lm5kef
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