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The US B2C e-commerce market size is projected to reach a value of USD 233.66 billion at a CAGR of 8.12% between 2022 and 2027. The rise in online spending and smartphone penetration is a key feature driving the market growth. The comprehensive report of the B2C e-commerce market in the US offers crucial insights into the industry's changing dynamics, helping businesses to identify growth opportunities in the constantly evolving digital US retail landscape. Mobile commerce is a rapidly growing segment within the market, with many consumers using smartphones and tablets to make purchases.
B2C e-Commerce Market in US market size, Request for Free Report Sample
The growth of the markets is primarily driven by the widespread smartphone adoption. The increased penetration of the Internet, coupled with the convenience of online shopping markets through smart devices and easy online payment methods through PayPal and other sites has fueled this trend. Payment solutions further streamline transactions, enhancing the overall shopping experience for consumers while ensuring stiff competition persists among key market players.
Additionally e-commerce market is experiencing growth by the trend in online shopping through digital platforms. Continuous Sales from big players, recent trends and convenience shopping experience are helping the e-commerce market to grow. Mobile smartphone devices and internet from various marketplaces, and regions offer huge sales on multiple brands.
A significant challenge to the growth of the US region B2C e-commerce market is the critical nature of logistics management, leading to high overhead prices. Issues like inadequate postal addresses and logistical complications, including late deliveries, inefficient routing, and huge prices, can adversely affect the market. These challenges result in increased overhead prices for companies, impacting their profit margins and tarnishing their brand image due to unreliable delivery services. International online retailers based in the US face substantial losses due to these issues.
To address these challenges, online retailers often hire additional field workers to improve delivery services, contributing to higher labor costs and further reducing profit margins. To mitigate these challenges, e-retailers should prioritize effective product distribution by partnering with established regional third-party logistics providers. This approach helps prevent additional labor costs, ensures proper product distribution, and allows third-party logistics providers to handle and resolve any complications that may arise.
Pricing strategies and payment methods significantly impact the US region market, influencing consumer behavior, government regulations and policies, and overall market dynamics. Shipping costs greatly influence purchase decisions. Some businesses include shipping costs in the product price, offering free shipping to attract customers, while others adopt tiered shipping fees or minimum purchase requirements for free shipping. BUY FULL REPORT.
The B2C retailers segment is poised for significant market share growth in the forecast period. The increased prevalence of online shopping and digital experience is a key driver, fostering greater adoption of e-commerce services among B2C companies. Another contributing factor is the rising retail e-commerce sales in the US. Additionally, the demand popularity of secure e-commerce payment platforms has attracted customers, with most online shoppers preferring these platforms for their advanced payment processing technologies. These factors are anticipated to fuel the growth of the B2C e-commerce industry.
Valued at USD 138.64 billion in 2017, the B2C retailers segment is set to continue growing through 2021. The increasing use of mobile devices, including smartphones and tablets, has positively impacted this growth. Initially offering services through websites, many B2C companies have developed mobile apps to enhance customer experience in response to the high adoption of mobile devices. These apps provide improved connectivity and convenient payment options for online shopping. Additionally, they capture user information, enabling market players to retain customers through targeted advertising and personalized shopping experiences. The high penetration of mobile computing devices is driven by factors such as high digital literacy and per capita income, creating substantial growth opportunities for the business to consumer e-commerce industry in 2022.
Amazon - The B2C e-commerce company offers products such as the BENGOO G9000 Stereo Gaming Headset for PS4 PC Xbox One PS5 Controller and other headsets. The retail sales of consumer products and subscriptions through North America-focused online and physical stores. The Amazon business segment also includes export sales from these online stores. The online e-commerce platforms include consumer electronics, clothing, health and beauty products, home and kitchen appliances, toys and games, fitness equipment, groceries, books and media, furniture and home décor, pet supplies, and home and garden products, providing customers with various options.
The market analysis and report covers detailed analyses of the competitive landscape of the market and information about 20 market players, including:
In the dynamic landscape of the US B2C e-commerce market, vendors play a crucial role in shaping market trends and analysis. Furthermost engaged in comprehensive market research and growth strategies, they contribute to both market growth analysis and forecasting.
The developing e-commerce sector has diverse incomes and a wide array of product categories, reflecting the influence of internet penetration, lifestyle changes, and the forces of urbanization and globalization. From streamlined supply chains to the rise of innovative startups, the internet usage paradigm allows consumers to shop from anywhere, blurring the lines between virtual reality and physical location, with secure and convenient payments driving seamless transactions. Countries like Brazil are becoming key players in driving substantial e-commerce revenue, impacting local and global economies. Mobile commerce is a rapidly growing segment within the US B2C e-commerce market, with many consumers using smartphones and tablets to make purchases.
B2C E-Commerce Market In US Scope |
|
Report Coverage |
Details |
Page number |
148 |
Base year |
2022 |
Historic period |
2017 - 2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.12% |
Market growth 2023-2027 |
USD 233.66 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
6.91 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Amazon.com Inc., ASOS Plc, Bed Bath and Beyond Inc., Best Buy Co. Inc., Costco Wholesale Corp., eBay Inc., Etsy Inc., Inter IKEA Systems B.V., Kohls Corp., Kroger Co., Lowes Companies Inc., Macys Inc., Poshmark Inc., Target Corp., The Gap Inc., The Home Depot Inc., Walmart Inc., Wayfair Inc., Williams Sonoma Inc., and Zara |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our market forecasting report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Market Segmentation by Platform
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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