The Social Commerce Industry in Brazil is Expected to Grow over the Forecast Period, Recording a CAGR of 39.7% during 2022-2028 - PayNXT360| Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators| Social Commerce Industry

According to PayNXT360's Q1 2022 Social Commerce Survey, social commerce industry in Brazil is expected to grow by 44.9% on annual basis to reach US$2,218.6 million in 2022.

The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 39.7% during 2022-2028. The social commerce GMV in the country will increase from US$2,218.6 million in 2022 to reach US$15,901.7 million by 2028.

Social commerce has gained widespread popularity among consumers globally, including in Latin American countries such as Brazil. According to PayNXT360, purchasing products through social media platforms such as Facebook and Instagram is expected to grow faster than other traditional channels in the next six to eight quarters.

Scope

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

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

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

• Brazil 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

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

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

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

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

• Brazil 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

• Brazil 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/brazil-social-commerce-market-inte-1357

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

This release was published on openPR.