Retail E-Commerce Market Growth, Size, Share, Industry Report and Forecast 2022-2028

The global retail e-commerce market is anticipated to grow at a considerable CAGR of 9.1 % during the forecast period. The various initiatives such as Digital India, Make in India, Start-up India, Skill India, and Innovation Fund. The timely and effective implementation of such programs is supporting the growth of E-commerce in the country, which is positively impacting the growth of the retail e-commerce market over the forecast. For instance, in November 2021, the Government e-Marketplace (GeM) portal served 7.96 million orders worth Rs 152,315 crore (US$ 20.40 billion) to 55,433 buyers from 3.06 million registered sellers and service providers. Moreover, in October 2021, the Government e-Marketplace (GeM) portal served 7.78 million orders worth $19.29 billion to 54,962 buyers from 2.92 million registered sellers and service providers.

To Request a Sample of our Report on Retail E-Commerce Market: https://www.omrglobal.com/request-sample/retail-e-commerce-market

Furthermore, the major developments in the Indian e-commerce sector by companies are another factor propelling the growth of the retail e-commerce market over the forecast. For instance, Flipkart, India's e-commerce powerhouse, announced in July 2021 that it has raised US$ 3.6 billion in new funding from various sources including sovereign funds, private equities, and Walmart (parent company).

• In June 2021, Grofers, the grocery delivery start-up, reportedly entered the unicorn club, after raising US$ 120 million from Zomato, the food delivery platform.

• In June 2021, Mastercard invested an undisclosed amount in Instamojo, a payments firm, to help digitize online stores and process their payments more seamlessly.

• In March 2021, Purplle, an online beauty store, raised US$ 45 million from Sequoia Capital India, Verlinvest, Blume Ventures, and JSW Ventures.

• In March 2021, the Confederation of All India Traders (CAIT), which represents 80 million traders and 40,000 trader associations, announced the launch of a mobile app for its e-commerce portal, 'Bharat E-market'. The association aims to get more small traders to sell online easily through smartphones.

Market Coverage

• The market number available for - 2021-2028

• Base year- 2021

• Forecast period- 2022-2028

Segment Covered-

· By Product

· By Type

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- including Albertsons Companies, Inc., Amazon.com, Inc., Coupang Corp., Ebates Performance Marketing, Inc. dba Rakuten Rewards, and Flipkart Pvt Ltd., among others.

(Get 15% Discount on Buying this Report)

A full Report of Retail E-Commerce Market is Available @ https://www.omrglobal.com/industry-reports/retail-e-commerce-market

Global Retail E-Commerce Market Report Segment

By Product

· Groceries

· Apparels & Accessories

· Footwear

· Personal & Beauty Care

· Furniture & Household Décor

· Electronic Goods

· Others

By Type

• Pure Market Place

• Hybrid Market Place

Global Retail E-Commerce Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

· Flipkart Pvt Ltd.

· Inter IKEA Systems B.V.

· Otto (GmbH & Co. KG)

· Snapdeal Ltd.

· Taobao

· The Kroger Co.

· Walmart Inc.

Reasons to buy 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:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

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.

This release was published on openPR.