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Japan ecommerce Market will be US$ 325.9 Billion by 2026 | Renub Research
Japan ecommerce Market
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Besides that single language culture of Japan enables every customer to get adequate information about products listed on ecommerce sites. Japan has one of the advanced infrastructures in the world with better internet connectivity and the urban population who are willing to buy products through ecommerce sites. According to Renub Research analysis Japan ecommerce Market is forecasted to be US$ 325.9 Billion by the end of the year 2026.
The impact of COVID-19 on Japan eCommerce Market
Japanese government had imposed lockdown and declared a state of emergency to prevent the citizen from the deadly impact of COVID, due to this supply chain of goods was disturbed in the first half of the year 2020. During this period, only medical and essentials goods were allowed to be supplied in Japan. The market for other goods like clothing, footwear, bags and accessories declined in this period. Items like personal hygiene were sold at higher prices and in larger quantity. According to Renub Research analysis, the ecommerce market in Japan will decline in the year 2020, and it will recover in the year 2021 to grow at a much higher rate in the forecasted years.
Ecommerce companies like Amazon, Yahoo and Rakuten are investing heavily in Japan to get ahead in the race. Most of the companies are also providing better services like same-day delivery and personalized products to targeted customers.
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Market Summary:
Market by Segments: The market and market share of following segments like Fashion, Electronics & Media, Toys, Hobby & DIY, Furniture & Appliances and Food & Personal Care are covered in this research report.
Market by Sub-Segments: This research report has covered the market and market share of following Sub-Segments: Apparel, Footwear, Bags & Accessories, Consumer Electronics, Books, Movies, Music & Games, Toys & Baby, Sports & Outdoor, Hobby & Stationery and DIY, Garden & Pets, Furniture & Homeware, Household Appliances, Food & Beverages, Personal Care.
By Company: Company Overview, Recent Developments and Sales Analysis of Rakuten, Amazon Japan, Kakaku Inc., Yahoo Japan, and DMM.com Ltd. Are provided in this research report.
Industry Related Opportunity:
Global eCommerce Market: https://www.renub.com/global-e-commerce-market-p.php
France Ecommerce Payment Market: https://www.renub.com/france-ecommerce-payment-market-p.php
About Company:
Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Also Read: https://renubresearchinfographiczone.blogspot.com/2020/10/japan-e-commerce-market.html
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Renub Research
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Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
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