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KEY FINDINGS
The Asia-Pacific B2B eCommerce market is anticipated to rise with a 22.00% CAGR over the assessment period, 2022-2030. The market growth is boosted by the rapid rise in digital transformation, penetration of social media, and expansion of new business-to-business eCommerce marketplaces.
MARKET INSIGHTS
The Asia-Pacific B2B eCommerce market growth assessment includes the analysis of India, China, South Korea, Vietnam, Japan, Philippines, Australia & New Zealand, and Rest of Asia-Pacific. In South Korea, growth in the penetration of smartphones and the internet coupled with a rise in online payment with a proliferation of digital marketing, etc., are some of the major factors anticipated to expand the growth of the B2B eCommerce market in South Korea during the forecast period.
Furthermore, an increase in the number of online shoppers across Australia & New Zealand, strategic initiatives taken by the market players of the country, etc., are some of the major factors expected to contribute to the growth of the Australia & New Zealand B2B eCommerce market during the forecast period. Besides, there has been an increase in the number of consumers shopping online. According to industry data, the share of consumers shopping online in New Zealand is expected to increase from 66% of the total population in 2016 to 83% in 2026. This growth is expected to propel the B2B eCommerce market during the assessment years.
Indonesia, Malaysia, Singapore, and other Asian countries have a range of strategic initiatives the market players take. There is also a rise in online and digital buyers, among other major factors expected to contribute to the B2B eCommerce market growth in the Rest of Asia Pacific during the forecast period.
COMPETITIVE INSIGHTS
Some of the key companies include IndiaMART InterMESH Ltd, DIY Trade, Alibaba Group Holding Ltd, Flipkart, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments