Press release
The Social Commerce Industry in Malaysia is Expected Grow by 45.2% on Annual Basis to Reach US$1,327.5 million in 2022 - PayNXT360| Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators| Social Commerce Industry Market Si
The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 41.2% during 2022-2028. The social commerce GMV in the country will increase from US$1,327.5 million in 2022 to reach US$10,232.9 million by 2028.
In Southeast Asia, social commerce has surpassed in-store retail to become the second most popular shopping method, second only to e-commerce. This growth in the Southeast Asian social commerce industry is led by markets including Singapore, Malaysia, the Philippines, and Thailand. Globally, Malaysia is one of the leading markets when it comes to social commerce adopters. In Malaysia, there is a growing percentage of social media users who are likely to convert into paying customers, thereby resulting in higher revenue per order.
Scope
This report provides in-depth, data-centric analysis of social commerce in Malaysia. Below is a summary of key market segments:
Malaysia Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
Malaysia Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
• Malaysia 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
• Malaysia Social Commerce Industry Market Size and Forecast by End Use Segment, 2019-2028
--B2B
--B2C
--C2C
• Malaysia Social Commerce Industry Market Size and Forecast by End Use Device, 2019-2028
--Mobile
--Desktop
• Malaysia Social Commerce Industry Market Size and Forecast by Location, 2019-2028
--Domestic
--Cross Border
• Malaysia Social Commerce Industry Market Size and Forecast by Location, 2019-2028
--Tier-1 Cities
--Tier-2 Cities
--Tier-3 Cities
• Malaysia 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
• Malaysia 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/malaysia-social-commerce-market-in-1374
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.
Columbia Blvd Suite C15-544670 Portland, Oregon, 97217
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
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Social Commerce Industry in Malaysia is Expected Grow by 45.2% on Annual Basis to Reach US$1,327.5 million in 2022 - PayNXT360| Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators| Social Commerce Industry Market Si here
News-ID: 2617985 • Views: …
More Releases from PayNXT360
Saudi Arabia Social Commerce Market Intelligence and Future Growth Dynamics Data …
According to PayNXT360, social commerce industry in Saudi Arabia is expected to grow by 32.4% on annual basis to reach US$1.38 billion in 2023.
The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 26.6% during 2023-2028. The social commerce GMV in the country will increase from US$1.38 billion in 2023 to reach US$4.48 billion by 2028.
This report provides a detailed data centric analysis…
Saudi Arabia Gift Card and Incentive Card Market Intelligence and Future Growth …
In value terms, the gift card market in Saudi Arabia has recorded a CAGR of 10.7% during 2018-2022. According to PayNXT360, gift card industry in the country is expected to grow by 11.1% on annual basis to reach US$ 1549.6 million in 2023.
The gift card industry in Saudi Arabia will continue to grow over the forecast period and is expected to record a CAGR of 9.7% during 2023-2027. Gift card…
Saudi Arabia Embedded Finance Business and Investment Opportunities Databook - 5 …
According to PayNXT360, Embedded Finance industry in the Saudi Arabia is expected to grow by 38.7% on annual basis to reach US$4,053.1 million in 2023.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 27.2% during 2023-2029. The embedded finance revenues in the country will increase from US$4,053.1 million in 2023 to reach US$12,372.5 million by 2029.
This report provides a detailed data centric…
Saudi Arabia Prepaid Card and Digital Wallet Business and Investment Opportuniti …
According to PayNXT360, the prepaid card market (value terms) in Saudi Arabia increased at a CAGR of 6.8% during 2018-2022. Over the forecast period of 2023 to 2027, the market is expected to record a CAGR of 8.8%, increasing from US$7.31 billion in 2022 to reach US$11.30 billion by 2027.
This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across…
More Releases for Malaysia
Nitrile Gloves Market Analysis, Research Study With Hartalega Holdings Berhad …
Nitrile Gloves Market growth is expected to be driven by rising healthcare expenditures, heightened importance of workplace safety, and growing awareness of healthcare-associated infections. The COVID-19 pandemic has led to an exponential increase in demand for a wide variety of PPE, including gloves. Disposable nitrile gloves are also often used by healthcare professionals to prevent contamination.
The Nitrile Gloves Market research report provides a thorough and comprehensive analysis of the global Industry.…
Non Dairy Creamer Market Future Trends, Revenue Growth, Profitability & Leading …
The "Non Dairy Creamer Market" business report 2021 contains worldwide analysis and estimation of various market-related factors that are incredibly crucial for better decision-making. Competitive analysis has been carried out in this industry analysis report for the major players in the market which supports businesses take better moves for enhancing their product and sales. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price,…
Ophthalmology Market in Malaysia, Ophthalmology Industry in Malaysia, Covid-19 I …
Lower Ophthalmology Costs in Malaysia: Ophthalmology cost in Malaysia is estimated to be comparatively less i.e. 40% less or even more than the spending made by a patient on an average for the same treatment in the US and European countries such as the UK, France, Germany and others. Low cost of Ophthalmology in Malaysia allows patients from the other countries to save a significant amount of money while benefiting…
Malaysia Ophthalmology Market, Malaysia Ophthalmology Industry, Malaysia Ophthal …
The report titled “Malaysia Ophthalmology Market Outlook to 2025- Increase in Ophthalmic Surgeries & Consultations driven by Increasing Ageing Population Proportion and Ophthalmology Technological Advancements" provides a comprehensive analysis of Ophthalmology Services in Malaysia. The report covers various aspects including market size (Total Revenue, Consultations Revenue, Number of Consultations, Surgery Revenue and Number of Surgeries), Market Segmentations by Clinic Specialty (Multi & Single Specialty), by Private and Public Clinics/Hospitals, By…
Malaysia Agriculture Market, Malaysia Agriculture Industry, Malaysia Agriculture …
Agriculture sector is an important sector of Malaysia's economy. There are mainly 3 crops are produced including palm oil, rubber and cocoa. Additionally, country’s farmers produce a number of fruits & vegetables for the domestic market such as bananas, pineapples, coconuts, durian, cabbage, cucumber, long beans, tomato, chilli, okra, spinach, rice, rambutan and others. Country’s tropical climate is extremely favorable for the production of a variety of exotic fruits &…
White Coffee Market Future Growth by 2027 | Oldtown(Malaysia), KOPIKO(Indonesia) …
The "Global White Coffee Market: 2020" Industry Report is a professional and in-depth study on the current state of the White Coffee Market by 4ARC Research . The White Coffee market is supposed to demonstrate a considerable growth during the forecast period of 2020 - 2027. The company profiles of all the key players and brands that are dominating the market have been given in this report. Their moves like…
