C2C E-commerce Market Key Trends And Competitor Assessment 2024-2033

"The new report published by The Business Research Company, titled ""C2C E-commerce Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the C2C e-commerce market size has grown exponentially in recent years. It will grow from $2,003.69 billion in 2023 to $2490.06 billion in 2024 at a compound annual growth rate (CAGR) of 24.3%. The C2C e-commerce market size is expected to see exponential growth in the next few years. It will grow to $5983.83 billion in 2028 at a compound annual growth rate (CAGR) of 24.5%.

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Online Payment Methods Fuel The C2C E-Commerce Market Growth
The increasing adoption of online payment methods is expected to propel the growth of the C2C e-commerce market going forward. Online payment methods refer to a digital or electronic system that enables individuals and businesses to make and receive payments over the Internet. These payment methods are on the rise due to increasing mobile penetration and Internet availability, pandemic impact, and security enhancements. Online payment methods automate various aspects of the payment process, reducing manual intervention and streamlining operations for C2C e-commerce platforms. These methods also enable C2C e-commerce platforms to reach a global audience. For instance, in September 2023, according to reports published by Electronic Payments International, a UK-based payments company, in 2022, the total number of digital payments in the UK increased to 45.7 billion, representing an increase of 13% from 40.4 billion in 2021. Additionally, the number of contactless payments rose by 30% to 17 billion. Nearly a third of adults are registered for at least one mobile payment service. Therefore, the increasing adoption of online payment methods is driving the growth of the C2C e-commerce market.

Strategic Collaborations Are Revolutionizing The C2C E-commerce Market
Major companies operating in the C2C e-commerce market are focusing on the adoption of strategic collaborations to gain a competitive edge in the market. These collaborations enhance C2C e-commerce providers' offerings, expand their reach, and improve the overall user experience. These organizations may combine their expertise and resources to build a more robust and comprehensive e-commerce ecosystem. Flipkart Commerce Cloud refers to a cutting-edge platform designed to revolutionize retail and e-commerce operations globally. For instance, in February 2022, valU, an Egypt-based fintech platform, and PayTabs Egypt, an Egypt-based payment processing company, partnered with Mazadat, an Egypt-based provider of C2C e-commerce platforms, to enhance payment solutions and services within the entertainment industry and e-commerce businesses. This collaboration will allow Mazadat's users to utilize valU's BNPL services for C2C and B2C e-commerce and process online payments via PayTabs Egypt's payment gateway. This agreement represents valU's first move into the C2C e-commerce market, and it comes at an important time given the rapid changes in customers' shopping patterns, the online purchase boom, and the ever-increasing usage of technology in all aspects of life, particularly in light of the COVID-19 pandemic.

The C2C e-commerce market covered in this report is segmented -

1) By Type: B2C Retailers, Classifieds
2) By Platform: Web-based, Mobile Application
3) By Application: Automotive, Beauty And Personal Care, Books And Stationery, Consumer Electronics, Clothing And Footwear, Home Décor And Electronics, Sports And Leisure, Travel And Tourism, Media And Entertainment, Information Technology (Software)

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Major companies operating in the C2C E-commerce market are Amazon.com Inc., JD.com Inc., Alibaba Group Holding Limited, PayPal Holdings Inc., Taobao, eBay Inc., Airbnb Inc., Flipkart Internet Private Limited, Shopify Inc., ASOS plc, Etsy Inc., OLX Inc., Squarespace Inc., Craigslist Inc., Fiverr International Ltd., Make My Trip Pvt. Ltd., BigCommerce Holdings Inc., Poshmark Inc., Depop Ltd., Shopee Pte. Ltd., Tradesy Inc., uBid Holdings Inc., Auctions.com LLC, Quikr India Private Ltd., WooCommerce

Contents of the report:
1. Executive Summary
2. C2C E-commerce Market Report Structure
3. C2C E-commerce Market Trends And Strategies
4. C2C E-commerce Market - Macro Economic Scenario
5. C2C E-commerce Market Size And Growth
…..
27. C2C E-commerce Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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