Group Buying Market to Grow at a CAGR of 8.8% by 2033 - Asia-Pacific Leads the Digital Commerce Revolution

According to a new study by DataHorizzon Research, the "Group Buying Market" is projected to grow at a CAGR of 8.8% from 2025 to 2033, driven by the increasing adoption of social commerce, the rise of community-driven e-commerce platforms, and the growing consumer preference for collective purchasing discounts. Group buying, also known as collective buying, enables consumers to leverage bulk purchasing power to obtain significant discounts on goods and services. The model has seen exponential growth with the rise of digital platforms and mobile commerce, especially in emerging markets where cost-sensitive consumers and digital connectivity are reshaping retail dynamics.

Market Size & Insights

The global group buying market has emerged as one of the most transformative trends in modern retail, integrating the power of social media, online communities, and e-commerce platforms. The group buying market was valued at USD 42.3 billion in 2024 and is expected to reach USD 98.7 billion by 2033, growing at a CAGR of 8.8% from 2025 to 2033, as online users increasingly engage in collaborative purchasing. The surge in smartphone penetration, digital payments, and social networking platforms has fueled the expansion of group buying across both developed and emerging economies.

Businesses are using group buying platforms to reduce marketing costs while attracting high-volume orders through community-based engagement. E-commerce giants are also integrating group buying features into their mobile apps to increase user interaction and sales conversions. Furthermore, technological advancements like AI-based recommendation systems, live commerce, and influencer-driven campaigns are enhancing customer experience and boosting market growth. As consumers continue to prioritize value, transparency, and convenience, group buying platforms are redefining the digital shopping ecosystem.

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Important Points

• Group buying combines e-commerce and social networking to create value-driven community shopping experiences.
• The model encourages collective purchasing, leading to discounted prices and improved customer loyalty.
• Social media integration and influencer marketing play a pivotal role in boosting visibility.
• E-commerce players are incorporating gamification and rewards to attract repeat buyers.
• The trend is expanding beyond retail into travel, dining, healthcare, and entertainment services.
• Growing smartphone and mobile payment adoption accelerates the market's digital shift.

Key Factors Driving the Future Growth of the Group Buying Market

• Social Commerce Boom: Increasing use of social media platforms for product discovery and group purchase coordination.
• Cost Efficiency: Consumers and sellers benefit from lower costs through bulk buying and reduced marketing expenses.
• Mobile Penetration: Widespread access to mobile internet and digital wallets enhances user participation.
• AI and Data Analytics: Personalized recommendations and optimized pricing strategies improve user experience.
• SME Adoption: Small and medium enterprises leverage group buying platforms to expand market reach.
• Consumer Trust: Transparency in pricing and peer reviews encourages repeat group purchases.

Top 10 Market Companies

• Groupon, Inc.
• Pinduoduo Inc.
• Alibaba Group (Juhuasuan)
• Meituan
• JD.com, Inc.
• Amazon.com, Inc.
• LivingSocial
• DealFind
• BuyWith
• SocialBuy

Market Segments

By Product Category:
o Travel & Leisure
o Food & Beverage
o Retail Products

By Platform Type:
o Web-based
o Mobile Apps
o Social Commerce
o Hybrid Platforms

By Business Model:
o B2C
o B2B
o C2B
o P2P

By Deal Type:
o Flash Sales
o Daily Deals
o Bulk Purchases
o Limited-Time Offers

By Payment Method:
o Digital Wallets
o Credit/Debit Cards
o Mobile Payment
o Bank Transfer

By Target Audience:
o Individual Consumers
o Small Businesses
o Corporate Buyers
o Community Groups

By Geographic Reach:
o Local Deals
o National Offers
o International Deals
o Cross-border Commerce

By Service Category:
o Product Sales
o Services
o Experiences
o Subscriptions
o Mixed Bundles

Recent Developments

• Global e-commerce giants have launched AI-enabled group buying platforms that recommend deals based on user behavior.
• Live-stream group buying events are gaining traction across Asia-Pacific, particularly in China and Southeast Asia.
• Companies are investing in gamification and referral incentives to enhance user engagement and retention.
• Cross-border group buying models are emerging, allowing consumers to access international deals collectively.
• Strategic partnerships between fintech and e-commerce companies are improving payment security and user convenience.
• Localized apps are being developed in emerging markets to cater to regional shopping habits and cultural preferences.

Regional Insights

The Asia-Pacific region dominates the global group buying market, accounting for the largest share due to the massive popularity of social commerce platforms in China, India, and Southeast Asia. Platforms like Pinduoduo, Meituan, and JD.com have revolutionized collective shopping through innovative features like live-stream deals and influencer marketing. North America and Europe are witnessing steady growth as social media integration in e-commerce increases. Meanwhile, Latin America and the Middle East are emerging as promising markets, supported by expanding internet infrastructure and the growing adoption of digital payment systems.

Market Outlook

The future of the group buying market lies in its convergence with social media, AI-driven personalization, and immersive digital experiences. As consumers seek both value and community engagement, group buying platforms are expected to evolve into dynamic ecosystems combining entertainment, commerce, and social networking. Innovations such as live-streaming commerce, virtual try-ons, and AI chatbots will redefine how consumers discover, share, and purchase deals collectively.

Moreover, the increasing adoption of blockchain for secure transactions and smart contracts will enhance transparency and reduce fraud, further strengthening consumer trust. Small and medium-sized businesses will also play a key role in market expansion, leveraging group buying platforms to access large-scale audiences without significant advertising costs.

By 2033, the global group buying market is anticipated to become a key pillar of the digital economy-merging technology, trust, and collaboration into one cohesive consumer experience. According to DataHorizzon Research, the market's growth will be driven by technological evolution, community engagement, and an ongoing shift toward cost-conscious, digital-first consumer behavior.

Contact:
Ajay N
Ph: +1-970-633-3460

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Company Name: DataHorizzon Research
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Colorado, United States.
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DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR's comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.

This release was published on openPR.