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2025-2034 C2C E-commerce Market Roadmap: Insights for Competitive Advantage
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the C2C E-commerce Market Size By 2025?
In recent times, the C2C e-commerce market has escalated at a massive rate. Its growth is projected to surge from $2490.06 billion in 2024 to $3105.98 billion in 2025, reflecting a Compound Annual Growth Rate (CAGR) of 24.7%. This significant expansion during the historical period stems from increased internet access and smartphone usage, the upward shift in online shopping and digital payments, the burgeoning sharing and peer-to-peer transaction economy, the spread of social media channels promoting C2C business, a consumer inclination for assortment and bespoke products, the convenience and easy reach of online marketplaces, and the emergence of trust-building mechanisms and user reviews.
How Big Is the C2C E-commerce Market Size Expected to Grow by 2029?
The anticipated expansion of the C2C e-commerce market is set to be tremendous in the years to come, with projections indicating a potential rise to $7442.78 billion by 2029, reflecting a compound annual growth rate (CAGR) of 24.4%. This forecasted augmentation can be credited to the ongoing move towards online shopping behaviours, an increase in international c2c transactions, the uptake of mobile-based payment systems and electronic wallets, the growing demand for distinct and handcrafted goods, the expansion of influencer marketing and social commerce, an increased focus on environmentally friendly practices and pre-owned items, along with government regulation and customer welfare precautions. Key trends for the forecast period incorporate the emergence of social commerce platforms, the integration of user-created content, a rise in demand for specialised marketplaces, the creation of secure payment gateway systems, partnerships between platforms and service providers, growth in international trade, the employment of artificial intelligence, and the incorporation of sustainable practices.
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Which Key Market Drivers Powering C2C E-commerce Market Expansion and Growth?
The growth of the C2C e-commerce market is anticipated to be driven by the rising usage of online payment systems. These systems, which facilitate secure financial transactions over the Internet, are growing in popularity owing to factors such as the rise in mobile and Internet usage, the effects of the pandemic, and improved security measures. They not only automate certain aspects of the transaction process, thereby reducing the need for manual intervention and improving efficiency for C2C e-commerce platforms, but also allow these platforms to cater to an international customer base. In a report published by Electronic Payments International in September 2023, it was revealed that in 2022, there was a 13% increase in digital payments in the UK, taking the figure to 45.7 billion from 40.4 billion in 2021. Also, contactless payments saw a 30% increase, bringing the total to 17 billion. Furthermore, nearly one out of three adults is registered with at least one mobile payment service. Hence, the expanding use of online payment systems is boosting the growth of the C2C e-commerce market.
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Which Fast-Growing Trends Are Poised to Disrupt the C2C E-commerce Market?
Prominent firms in the C2C e-commerce sector are leveraging strategic partnerships to obtain a market advantage. These partnerships augment the services of C2C e-commerce companies, broadens their reach, and improves the total user experience. These corporations might pool their knowledge and resources to create a more powerful and all-encompassing e-commerce environment. The Flipkart Commerce Cloud is a high-tech platform intended to transform global retail and e-commerce operations. For instance, in February 2022, valU, a fintech platform from Egypt, and PayTabs Egypt, an Egyptian payment processing firm, collaborated with Mazadat, a C2C e-commerce platform provider also based in Egypt. This partnership aims to improve payment solutions and services for the entertainment industry and e-commerce enterprises. As a result, Mazadat's clients will be able to use valU's Buy Now Pay Later (BNPL) services for C2C and B2C e-commerce along with online payment processing via PayTabs Egypt's payment gateway. This signifies valU's inaugural venture into the C2C e-commerce sector, and it is well-timed given the swift evolution of consumer shopping habits, the surge in online purchases, and the continuous integration of technology in every facet of life, especially during the COVID-19 pandemic.
What Are the Emerging Segments in the C2C E-commerce Market?
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)
Subsegments:
1) By B2C Retailers: Online marketplaces (eBay, Amazon), Niche Online Stores
2) By Classifieds: Online Classified Ad Platforms (Craigslist, OLX), Peer-To-Peer (P2P) Platforms
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Who Are the Global Leaders in the C2C E-commerce Market?
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
Which are the Top Profitable Regional Markets for the C2C E-commerce Industry?
North America was the largest region in the C2C E-commerce market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the C2C E-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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