In 2015, e-commerce revenues in China grew by 42% to reach $672 billion, making it by far the largest e-commerce market in the world. In fact, China accounts for 40% of the world’s total e-commerce revenues.
Read MoreAcross the developed world, several markets have become established as dominant players in international e-commerce – the U.S., the U.K., Germany, Japan and France, just to name a few. But huge potential exists in other commercial centers that are recently emerging as major global markets. For some, that potential is only just beginning to be realized,…
Read MoreIndia, the second most populous country in the world, is currently experiencing a remarkable “digital boom”. Thanks to the ever increasing internet access and the expanding payment options, consumers experience fewer and fewer barriers to shop online. Discover the many opportunities of e-commerce in India in this country factsheet. Please fill out the form…
Read MoreThe land of the rising sun has one of the most attractive online economies and its maturity only accentuates this attractiveness. The country ranks fourth in the world in terms of e-commerce revenue. 75% of the population has already made an online purchase and 20 % of these online shoppers buy cross-border. Discover more in our country…
Read MoreDriven by a booming population, improving internet access and rising disposable incomes, Asia Pacific is the world’s fastest-growing e-commerce region (yStats). Meanwhile, young, tech-savvy populations underpin rapid growth in Latin America and the Middle East, and e-commerce continues to account for a growing share of retail spending in Europe and North America. Let’s examine projected…
Read MoreThe four international e-commerce markets below show that e-commerce potential lies in more emerging economies than just China and India—and that there is still compelling potential in mature economies like Italy. South Korea South Korea is a mature e-commerce market backed by a strong currency, enthusiastic e-shoppers, high credit-card penetration and the highest broadband penetration—97%—worldwide…
Read MoreIn a previous factsheet, we have already covered Chinese e-commerce. However, given its special status, today we are focusing on Hong Kong. As a special administrative region of China, it has characteristics that make it attractive, particularly for e-tailers interested in expanding their activities in Asia. Landmark Global has a local presence there for good…
Read MoreAn e-commerce boom in emerging markets across South America, Asia and Eastern Europe is being propelled by smartphone proliferation, improving broadband and rapid economic growth.Here are some tips on how e-tailers can tackle emerging markets. General tips Fast developing low-to-middle income economies often struggle to meet the burgeoning demands of increasingly affluent populations – something…
Read MoreA city-state of almost 700 km² with a population of just over 5 million inhabitants, Singapore is nonetheless making its mark on the global economy. In addition, it has been classified as “the best place for doing business” for seven consecutive years by the World Bank. Some even go so far as to call it…
Read MoreWe discussed this subject in a previous article: the development of e-commerce is largely driven by emerging countries, with China, Russia and Brazil playing the most significant role. Among the challenges to be met by foreign companies wishing to gain presence on those markets is that of logistics. How is this sector, driven by the…
Read MoreWith a surface area of over 7 million square kilometres and 23 million inhabitants, Australia is an extremely atypical country. To provide a comparison which helps to understand this particularity, the country has twice the surface area of India and a population smaller than the state of Texas. What are the effects for online industry…
Read MoreEmerging countries hold enormous potential for e-commerce growth. According to A.T. Kearney’s 2013 Global Retail E-commerce Index report, the online retail industry has grown at 17 percent CAGR globally over the past five years, with growth particularly strong in Latin America (27%) and Asia Pacific (25%). The advancement of technology and improved access to the…
Read MoreApproximately one trillion euro: this is the astronomical turnover record that will be achieved in 2014 in global B2C e-commerce according to eMarketer. This spectacular growth is almost completely thanks to rapidly developing emerging markets according to the specialist website. 2014 will be a crucial year for global e-commerce. For the first time, consumers in Asia will…
Read MoreUnable to ‘try’ before they buy, consumers would never embrace online clothes shopping – or so many retail analysts once argued. Yet according to yStats, apparel is now the biggest e-commerce sector worldwide, the fastest-growing US e-commerce category, and accounts for more than three-quarters of internet sales in China. With New York Fashion Week in…
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