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PayNXT360 Expects the Social Commerce Industry in Vietnam to Grow by 66.0% on Annual Basis to Reach US$2,153.6 million in 2022| Social Commerce Industry Market Size and Forecast by Retail Product Categories| Social Commerce Industry Market Size and Foreca

04-26-2022 03:55 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: PayNXT360

PayNXT360 Expects the Social Commerce Industry in Vietnam

Social Commerce industry in Vietnam has recorded strong growth over the last four quarters, supported by increased e-commerce penetration and rising social commerce adoption in small cities.

According to PayNXT360's Q1 2022 Social Commerce Survey, social commerce industry in Vietnam is expected to grow by 66.0% on annual basis to reach US$2,153.6 million in 2022.

The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 57.4% during 2022-2028. The social commerce GMV in the country will increase from US$2,153.6 million in 2022 to reach US$31,090.4 million by 2028.

Scope

This report provides in-depth, data-centric analysis of social commerce in Vietnam. Below is a summary of key market segments:

Vietnam Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028

Vietnam Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028

• Vietnam Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2019-2028
­--Clothing & Footwear
­--Beauty and Personal Care
­--Food & Grocery
­--Appliances and Electronics
­--Home Improvement
­--Others

• Vietnam Social Commerce Industry Market Size and Forecast by End Use Segment, 2019-2028
­--B2B
­--B2C
­--C2C

• Vietnam Social Commerce Industry Market Size and Forecast by End Use Device, 2019-2028
­--Mobile
­--Desktop

• Vietnam Social Commerce Industry Market Size and Forecast by Location, 2019-2028
­--Domestic
­--Cross Border

• Vietnam Social Commerce Industry Market Size and Forecast by Location, 2019-2028
­--Tier-1 Cities
­--Tier-2 Cities
­--Tier-3 Cities

• Vietnam Social Commerce Industry Market Size and Forecast by Payment Method, 2019-2028
­--Credit Card
­--Debit Card
­--Bank Transfer
­--Prepaid Card
­--Digital & Mobile Wallet
­--Other Digital Payment
­--Cash

• Vietnam Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour,2021
­--By Age
­--By Income Level
­--By Gender

To get detailed insights and FREE sample report please click here @
https://www.paynxt360.com/report-store/view/vietnam-social-commerce-market-int-1393

Reason to buy

• In-depth Understanding of Social Commerce Market Dynamics: Understand market opportunities and key trends along with forecast (2019-2028).

• Insights into Opportunity by end-use sectors - Get market dynamics by end-use sectors to assess emerging opportunity across various end-use sectors.

• Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate social commerce strategy; assess market specific key trends, drivers, and risks in the industry.

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PayNXT360 is a strategy research and consulting firm providing a business intelligence on BNPL, prepaid cards, digital & mobile wallets, embedded finance, digital lending, remittance, and innovative payment solutions. Through exhaustive databases and in-depth analyst reports, we offer detailed and unbiased insights into emerging opportunities and risks across global markets. For more information, please visit our website www.paynxt360.com

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