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Over 50% of Global Online Retail Sales Stems from Asia-Pacific Region Says New Report

A new publication from Hamburg-based secondary market research firm, “Asia-Pacific B2C E-Commerce Market 2018,” indicates that over one half of total global online retail sales happens in the Asia-Pacific region. The report covers sales data, trends, payment preferences of consumers and other pertinent information about eleven economies of the region.

Hamburg, Germany, July 25, 2018 --( Over 50% of all the online shopping for retail goods and services in the world takes place in the Asia-Pacific region, whose regional leaders, China, Japan, and South Korea are also among the global leaders in B2C E-Commerce. However, the regional growth leaders for the next 5 years are the markets of South and Southeast Asia, such as India, Indonesia, Thailand, Vietnam and the Philippines, according to sources cited in the report, as they grow from a recent low percentage of online shopping penetration.

A large part of the continuing growth of online retail throughout the Asia-Pacific region is due to the spread of Internet connectivity through mobile devices, especially smartphones. The report says that over three-fourths of E-Commerce in the region is M-Commerce, and merchant apps account for more than half of purchases made through a mobile device.

Because of the success of E-Commerce in the Asia Pacific region, competition among online merchants is intense. The regional leaders are China’s Alibaba and but Amazon is attempting to ride the wave of E-Commerce with expansion in the region. Multiple local and regional players also work the Asia-Pacific online retail market, as revealed in the report.

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Press Contact: GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51

Founded in 2005 and headquartered in Hamburg, Germany, is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.

Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.

We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.
Contact Information GmbH & Co. KG
Yücel Yelken
+49 (0)40 39 90 68 50

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