Peru E-Commerce Market Report 2023; Size, Share & Growth till 2028

How Big is the Peru E-Commerce Market?

The Peru E-commerce market size reached US$ 10.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 46.1 Billion by 2028, exhibiting a growth rate (CAGR) of 28% during 2023-2028.

What is E-Commerce?

Electronic (e)-commerce refers to the purchasing and selling of goods and services through online platforms and digital channels. It comprises a diverse range of activities, such as online retail stores, digital marketplaces, and business-to-business (B2B) exchanges. It relies on internet connectivity and enables companies and consumers to engage in commercial activities without the constraints of physical locations. It is time saving and offers enhanced convenience, accessibility, and experience to individuals. As it provides doorstep delivery services and ease of ordering products from anywhere, the demand for e-commerce is rising in Peru.

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Peru E-Commerce Market Trends and Drivers:

At present, the increasing utilization of smartphones, tablets, and laptops, along with the ease of internet facilities, represents one of the primary factors impelling the growth of the market in Peru. Apart from this, the growing reliance on digital transactions among individuals is positively influencing the market outlook in Peru. Additionally, the rising preference for online shopping due to enhanced convenience and a wider range of offerings is strengthening the growth of the market. Besides this, the increasing adoption of fifth-generation (5G) technology for a quick and hassle-free shopping experience is bolstering the growth of the market in Peru. Furthermore, the rising influence of social media, coupled with the increasing number of e-commerce websites, is supporting the growth of the market.

Peru E-Commerce Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are:

Amazon.com, Inc.
Linio International Marketplace
Mercado Libre
Oechsle
OLX
Platanitos
Plazave
Ripley
Rosatel
S.A.C.I.Falabella

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The report segmented the market on the basis of region, product type, transaction and payment mode.

Breakup by Product Type:

Home Appliances and Electronics
Clothing and Footwear
Beauty and Personal Care
Groceries
Books
Others

Breakup by Transaction:

Business-to-Business
Business-to-Consumer
Consumer-to-Consumer
Others

Breakup by Payment Mode:

Cash Payment
Bank Transfer
Card Payment
Digital Wallet
Others

Breakup by Region:

Costa
Sierra
Amazonia

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.