Press release
Cross-border Electronic Commerce Market Economic Forecasting By 2027 - EBay, Flipkart, Lazada Group, LightInTheBox Holding, OLX Group
Cross-border Electronic Commerce Market
Cross-border Electronic Commerce Market to 2027 - Global Analysis and Forecasts by Type (B2B, B2C, C2C); Verticals (Beauty and Personal Care, Books and Stationery, Clothing and Footwear, Consumer Electronics, Sports and Leisure, Others) and Geography
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The cross-border electronic commerce involves selling and buying practices across different countries and continents over the internet. It enables large businesses and small merchants to expand their customer base by delivering their products and merchandise across the world. This is largely possible through international online e-commerce platforms. It offers users the experience of purchasing best and choicest products across different regions without needing to visit there.
The cross-border electronic commerce market is anticipated to grow in the forecast period on account of increasing usage of mobile phones and online e-commerce platforms by consumers for shopping. Moreover, several benefits such as price comparison, delivery at doorsteps, easy replacements and enhanced customer support are expected to spur the market growth. However, transportation and logistics issues hamper the growth of the market. On the other hand, merchants and small businesses in emerging economies offer significant opportunities for the cross-border electronic commerce market during the forecast period.
Emerging Players in Cross-border Electronic Commerce Market are -
Alibaba Group Holding Limited
AliExpress
Amazon
EBay Inc.
Flipkart Pvt Ltd.
Lazada Group
LightInTheBox Holding Co., Ltd.
OLX Group (Naspers)
Rakuten, Inc.
Walmart
The reports cover key developments in the cross-border electronic commerce market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from cross-border electronic commerce market are anticipated to lucrative growth opportunities in the future with the rising demand for cross-border electronic commerce in the global market. Below mentioned is the list of few companies engaged in the cross-border electronic commerce market.
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