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BRICS e-commerce Retail Market Report 2021: By Key Players, Size, Share and Forecast 2021-2027

10-20-2021 11:56 AM CET | Logistics & Transport

Press release from: Orion Market Research

BRICS e-commerce retail market is anticipated to grow at a modest CAGR of around 13.5% during the forecast period (2021-2027). The e-commerce retail market in Brazil, Russia, India, China, and South Korea are gaining popularity in the last few decades. The rising internet penetration and smartphone users are the prominent factors driving the growth of the market in BRICS countries. According to the experts of the Global Rus Trade report in 2017, the volume of e-commerce of BRICS countries is expected to increase 3 times within five years. E-commerce becomes a driver of economic growth in the BRICS countries, especially during the crisis due to the coronavirus pandemic.

A full report of BRICS e-commerce Retail Market is available at: https://www.omrglobal.com/industry-reports/brics-e-commerce-retail-market

Internet penetration is the key factor in increasing market value, and it is further projected to grow. In line with this, in 2017, Internet penetration in Brazil was 68% Internet users of the total population in Brazil. The average share of the Brazilian population using different media platforms is 58% of Internet users. The share of e-shoppers was 38% (using smartphones and tablets). In Brazil, the share of e-commerce in GDP was only 0.92%. In the same year, the volume of the e-commerce market in Russia increased to 1.04 trillion rubles ($0.014 trillion), and internet penetration was 73% of Internet users of the total population in Russia. On the other hand, In 2018, retail e-commerce sales in India reached US$ 32.7 billion, and it is expected that in 2020, the Indian e-commerce market will grow to US$ 71.94 billion. This figure is expected to further grow more, which in turn, will drive the market growth.

Besides, some of the challenges faced in BRICS e-commerce development comprises logistics infrastructure, regulations, cross-border custom issues, and language barriers. For instance, In Russia, the language barrier in cross-border e-commerce stands out.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/brics-e-commerce-retail-market

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By End-User
o By Products
o By Device Used
• Regions Covered-
o Brazil
o Russia
o India
o China
o South-Korea
• Competitive Landscape- Flipkart Pvt. Ltd.., Amazon.Com, Inc., Alibaba Group Holding Ltd., Alphabet Inc., JD.com Inc., Homeshop18, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

BRICS e-comerce Retail Market Report Segment

By End-User

• Business to Consumer (B2C)
• Business to Business (B2B)
• Customer to Customer (C2C)

By Products

• Electronics
• Fashion
• Healthcare
• Automobile
• Beauty and Personal Care
• Others

By Device Used

• Smartphone
• Tablets
• Personal Computer

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/brics-e-commerce-retail-market

Company Profiles

• Flipkart Pvt. Ltd
• Amazon.Com, Inc.
• Jasper Infotech Pvt Ltd (Snapdeal)
• eBay Inc.
• Clues Network Pvt. Ltd.
• HomeShop18
• Tencent Holdings Ltd
• Alibaba Group Holding Ltd.
• Alphabet Inc.
• JD.Com Inc.
• citilink.ru
• LAMODA
• FedEx Corp.
• DHL International GmbH
• Zando

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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