Business-to-Consumer E-Commerce Market in China to grow at a CAGR of 30.62% during the period 2016 - 2020; Finds New Report

Report forecast the Business-to-Consumer e-Commerce Market in China to grow at a CAGR of 30.62% during the period 2016-2020.

Online retail is a part of B2C e-commerce and refers to commerce activities over the Internet. A wide range of products is sold in the B2C e-commerce market, and these broadly fall under one of these product categories: apparel, footwear, and accessories; consumer electronics and electricals; beauty and personal care; infants and mothers; publications; food and beverages; and other products.

The sheer consumption potential of China has resulted in the country gaining the interest of retailers across the world. While traditional retailing has a significant hold in the retail space in the country, e-commerce has gained considerable traction in the last few years. Within the e-commerce space, the B2C space in particular has been the interest of global heavyweights such as Amazon and Alibaba, which are active in multiple verticals in the online retailing space.

The report covers the present scenario and the growth prospects of the B2C e-Commerce Market in China for 2016-2020. To calculate the market size, the report considers the revenue generated from the online business-to-consumer sales of products such as apparel, footwear, accessories, consumer electronics and electricals, cosmetics, food and beverages, infants and mothers, publications and others.

According to the report, a key growth driver in this market is the facility of free shipping and hassle-free returns offered by online vendors. Free shipping has become the standard for many online retailers in China. These retailers are also offering hassle-free return policies to attract customers. Approximately 90% of online retailers in China offer free shipping and in-store pickup. Retailers like Alibaba, Tmall, JD.com, Dangdang, Suning, and Vipshop offer free shipping on all orders during holiday seasons

Further, the report states that a major challenge faced by retailers in this market is the slow pace of growth in payment options. Most consumers prefer COD as a payment method.

B2C e-Commerce Market in China 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the business-to-consumer (B2C) e-Commerce market in China: Alibaba, Dangdang, JD.com, Suning (Suning Commerce Group), and Vipshop.

Other Prominent Vendors in the market are: Amazon China, Best Buy, GOME, Jumei, LightInTheBox, Overstock, Rakuten, Sun Art, Walmart, and Yixun.

Market driver

• Free shipping and hassle-free returns
• For a full, detailed list, view our report

Market challenge

• Slow pace of growth in payment options
• For a full, detailed list, view our report

Market trend

• Growth of m-commerce
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 84 pages and 77 Exhibit “Business-to-Consumer E-Commerce Market in China 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Country profile: China, Market segmentation by device used for shopping, Market segmentation by customer category, Market segmentation by product category, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.

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