Government initiatives and investment will escalate China e-commerce industry amidst COVID-19 pandemic

China e-commerce logistics market is projected to exhibit a considerable CAGR of 18.8% during the forecast period (2019-2025). The Government of China has promoted the investment and establishment of special e-commerce zones (SEZ), such as the China Hangzhou Cross-border E-commerce Comprehensive Pilot Area for the development of the e-commerce market. In May 2020, China’s State Council issued the approval of the establishment of integrated pilot zones for cross-border e-commerce in 46 cities. With an increasing number of global internet users, as well as improved systems of cross-border payment, logistics, and other services, the e-commerce market is booming in China. A large number of SMEs in China and network operators began to directly participate in international trade, which was also undergoing tremendous changes. Moreover, the increasing urban population in the country is encouraging e-commerce market growth. For instance, according to the World Bank, in 2019, the urban population in China was 60.0%, whereas it was 58.0% in 2017. The urban consumer spending on electronics and personal care products is significantly rising due to the rising standard of living which is contributing to the e-commerce market in the country. 

Browse the full report description China E-Commerce Market Size, Share & Trends Analysis Report by Type (Electronics, Apparel, Healthcare, Pharmaceuticals, and Nutritional Products, Beauty and Personal Care, and Others), Impact of COVID-19 on China E-Commerce Industry, and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/china-e-commerce-market 

A number of cross-border e-commerce platforms, such as Alibaba and JB.com has been contributing significantly to the market growth. In April 2018, JD.com has collaborated with Walmart on e-commerce, including launching Sam’s Club Flagship Store and Walmart China Flagship Store on JD.com on JD Worldwide and a one-hour delivery service from Walmart Stores through the JD Daojia app, as well as leveraging one another’s supply chain to increase product selection for customers across China.

Market Coverage

Key questions addressed by the report

• What is the market growth rate during the forecast period?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and coming years?

o Recovery Timeline

o Deviation from pre-COVID-19 

o Most affected region/segment

o Recommendations 

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

China E-Commerce Market – Segmentation

By Product Type

• Electronics
• Apparel
• Healthcare
• Pharmaceuticals, and Nutritional Products
• Beauty and Personal Care
• Others