The global retail e-commerce market is anticipated to grow at a considerable CAGR of 9.1 % during the forecast period. The various initiatives such as Digital India, Make in India, Start-up India, Skill India, and Innovation Fund. The timely and effective implementation of such programs is supporting the growth of E-commerce in the country, which is positively impacting the growth of the retail e-commerce market over the forecast. For instance, in November 2021, the Government e-Marketplace (GeM) portal served 7.96 million orders worth Rs 152,315 crore (US$ 20.40 billion) to 55,433 buyers from 3.06 million registered sellers and service providers. Moreover, in October 2021, the Government e-Marketplace (GeM) portal served 7.78 million orders worth $19.29 billion to 54,962 buyers from 2.92 million registered sellers and service providers.
Browse the full report description of “Global Retail E-Commerce Market Size, Share & Trends Analysis Report by Product (Groceries, Apparels & Accessories, Footwear, Personal & Beauty Care, Furniture & Household Decor, Electronic Goods, and Others), and by Type (Pure Market Place and Hybrid Market Place) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/retail-e-commerce-market
Furthermore, the major developments in the Indian e-commerce sector by companies are another factor propelling the growth of the retail e-commerce market over the forecast. For instance, Flipkart, India's e-commerce powerhouse, announced in July 2021 that it has raised US$ 3.6 billion in new funding from various sources including sovereign funds, private equities, and Walmart (parent company).
• In June 2021, Grofers, the grocery delivery start-up, reportedly entered the unicorn club, after raising US$ 120 million from Zomato, the food delivery platform.
• In June 2021, Mastercard invested an undisclosed amount in Instamojo, a payments firm, to help digitize online stores and process their payments more seamlessly.
• In March 2021, Purplle, an online beauty store, raised US$ 45 million from Sequoia Capital India, Verlinvest, Blume Ventures, and JSW Ventures.
• In March 2021, the Confederation of All India Traders (CAIT), which represents 80 million traders and 40,000 trader associations, announced the launch of a mobile app for its e-commerce portal, ‘Bharat E-market’. The association aims to get more small traders to sell online easily through smartphones.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product
o By Type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Albertsons Companies, Inc., Amazon.com, Inc., Coupang Corp., Ebates Performance Marketing, Inc. dba Rakuten Rewards, and Flipkart Pvt Ltd., among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Retail E-Commerce Market Report Segment
By Product
By Type
• Pure Market Place
• Hybrid Market Place
Global Retail E-Commerce Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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