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For the eCommerce market, our analysts create reports with detailed comparisons and important background information. Revenue in the eCommerce market is projected to reach US$54,678m in 2020. By then, these 45.77 million eCommerce users will spend an average of US$48.72 online. Lazada is Alibaba’s most high-profile and costliest investment outside of its home market. You must have JavaScript enabled in your browser to utilize the functionality of this website. What is the projected size of the B2C E-Commerce market in Southeast Asia by 2025? Southeast Asia’s cross-border e-commerce accounts for more than 40% of the total e-commerce market in the region. This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. Households denote residential communties of people living and keeping house together. With e-commerce continuously reaping record profits, the sector will play a … It covers all private household spendings meant for consumption at home. Incorporated in this definition are purchases via desktop computer (including notebooks and laptops) as well as purchases via mobile devices such as smartphones and tablets. Internet Retailer: ASIA500 (rankings of Largest E-Retailers in Asia) About company IQSuite is powered by aCommerce, the largest regional ecommerce enabler that provides end-to-end and ala carte ecommerce solutions for brands in Southeast Asia. Coupled with a young population and an ever-increasing internet penetration rate, it is no wonder e-commerce sales are going through the roof in Southeast Asia. Both e-commerce companies’ mobile app ranked 3rd & 4th respectively with the highest monthly active users (MAU) and highest number of total downloads in SEA, Q2 2019. Products such as devices and furniture amongst lots of others can be discovered available for sale on these websites and their particular apps only by clicking on the Search bar. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook The data source is specified individually for each data set. Reading Support Beauty & Personal Care eCommerce Trends in Southeast Asia. Revenue is expected to show an annual growth rate (CAGR 2020-2025) of 12.8%, resulting in a projected market volume of US$100,029m by 2025. Liu said,"E-commerce is projected to grow to $300 billion by 2025, but has a penetration rate of less than 5 per cent among the 650 million people living in Southeast Asia." The market of developed countries is in its maturity phase, and the competition among eCommerce players is extremely high and cost-intensive. Get an overview of trends and key players and consult comparisons of the focus regions USA, China, and Europe. To Sum Up… E-commerce in the Southeast Asian region is equivalent to mine, full of wealth. The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region) for each year. All monetary figures refer to the annual gross revenue and do not factor in shipping costs. The ten questions are based on best practices of the top 10% of companies that consistently achieve their growth potential. COD is often the only payment solution in eCommerce regions of Southeast Asia. Which countries in Southeast Asia lead by online retail sales and growth rate? The “User” box shows the number of active paying customers (or accounts) of the selected market (market segment, region) in millions for each year. | Source: Statista, based on national and international statistical offices, Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB, Estimated share of the total population in the selected region using the internet | Source: Statista, based on ITU and national statistical offices, Electronics & Media eCommerce report 2020, Furniture & Appliances eCommerce report 2020, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. The average revenue per user (ARPU) is expected to amount to US$187.98. Which devices, products, and payment methods do Southeast Asian online shoppers prefer? The 10 members have a total population of approximately 625 million. This report also provides valuable information for companies that want to start cross-border trading with Southeast Asia. https://store.frost.com/analysis-of-southeast-asian-ecommerce-market.html, Unified Communications and Collaboration (UCC), Networking and Communications Infrastructure. +44.4% yoy, +14.5% Unlike the western eCommerce world, Cash On Delivery (COD) is the most preferred payment method in ASEAN. User penetration in the eCommerce market will be at 43.5% in 2020. The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. Craigslist), All the important data on the eCommerce market, including market size, forecasts, and regional comparisons, Information about key players and insights about start-ups. Directly accessible data for 170 industries from 50 countries Southeast Asia’s eCommerce revenue surpassed $11 billion in 2015 led by Malaysia, Thailand, and Singapore. Southeast Asia’s e-commerce market is well on its way to exceeding Google’s prediction of hitting US$200 billion in value by 2025, with e-commerce players such as Lazada, Shopee, and Tokopedia expanding their efforts in the region to meet ever-growing customer demands. Artificial Intelligence involves the science and engineering of developing intelligent machines, The manufacturing world is at a cusp of a new revolution that will redefine conventional business models, IoT will have a major impact on businesses and consumers in the future, The world is creating 2.5 exabytes of data daily, Our research seeks to connect-the-dots across multiple trends, Personal Robots are Set to Be a $19 Billion Market, Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies. Each country has different e-commerce characteristics and challenges, and the demographics of consumers also differ from market to market. Cross-border e-commerce is expected to witness high growth than the overall e-commerce market, at a global level. The “Penetration Rate” box shows the share of active paying customers (or accounts) from the total population of the selected market (market segment, region) for each year. As a key driver of this economy, E-commerce is … | Source: Statista Consumer Market Outlook, The indicator shows the estimated average revenue of mobile phones per capita. Southeast Asia: Revenue in the eCommerce market is projected to reach US$54,678m in 2020. Reading Support In the eCommerce market, the number of users is expected to amount to 443.1m by 2025. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, The indicator shows the number of-fixed broadband subscriptions per 100 inhabitants in the selected region. Brands and retailers use e-commerce enablers to help optimize their e-commerce strategy, facilitate online store operations, and engage shoppers. You can find further source information in the methodology section. | Source: Statista, based on ITU, Estimated share of the total population using a smartphone | Source: Statista, Number of people in the selected region using the internet | Source: Statista, based on ITU and national statistical offices, Average per capita sales of laptops and tablets in units | Source: Statista Consumer Market Outlook, Average revenue of laptops and tablets per capita | Source: Statista Consumer Market Outlook, The indicator shows the estimated average per capita sales of Desktop-PCs in units. In contrast, the Food market in the Consumer Market Outlook covers only certain segments of processed food and excludes for example fresh food, oils and fats and some other items. All Rights Reserved. As a result, we cannot show you the price in catalog or the product page. The eCommerce market encompasses the sale of physical goods via a digital channel to a private end user (B2C). Hundreds of millions of people across Southeast Asia already shop online, and the value of ecommerce spend in the region passed US$50 billion in 2018, an annual increase of more than 20 percent.. Disruptive Technologies Displacing Legacy Technologies in the Next-generation Wireless OSS Market, 2020, Brazilian Total Telecommunications Services Market, Forecast to 2020, European Telecommunications Carrier Market—Update, Q3 2015, Global Smartphone & Mobile OS Markets, Forecast to 2021, Low-Power Wide Area Network Connectivity Optimised for Internet of Things, Mobile Sales Force Automation Solutions Market—Survey of North American Businesses, 2015, Africa Telecom Market—Last Mile Challenge, Forecast to 2019. Reading Support The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. E-commerce in Southeast Asia As of 2018, the leading product categories for online shopping categories of Southeast Asia were fashion, electronics and … | Source: Statista Consumer Market Outlook, The indicator shows the estimated average per capita sales of mobile phones in units. E-commerce in 2019. If you are an existing frost.com user, please register using the same email for seamless access. in the eCommerce market Discover other market segments and categories related to your topic. New, Everything you need to know about the industry development, Find studies from all around the internet. iFrost is a digital platform for interactive and dynamic reporting of data. KUALA LUMPUR, Nov 16 — Malaysia is performing well in the digital journey and has begun to achieve its dreams of becoming the Asean Digital Pulse while ensuring that Malaysians are always sensitive in seizing digital opportunities and emerging as the most dominant e-commerce market … The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. By 2025, the eCommerce transactions of the Southeast Asian Nations is expected to have massive growth upwards of 88 billion dollars, which is conservative in my estimation. Enter your Email Address here to receive a link to change password. Here you can find more studies and statistics about "eCommerce". This Growth Pipeline Diagnostic™ will provide you with a benchmark on how well your company is prepared to grow in the future. Reading Support Southeast Asia is a region and not a single market. Sea Limited is the current e-commerce market leader in Southeast Asia. B2B eCommerce and the purchase or resale of goods (reCommerce and C2C) are not included either. KUALA LUMPUR (Oct 23): Malaysia, with its population of about 30 million people, is an attractive market for e-commerce in Southeast Asia due to its rapid economic growth and advanced digital technology infrastructure.In a report titled "The Next Wave" Emerging Digital Life in South and Southeast Asia released yesterday, Deloitte said the contribution of e-commerce to Malaysia's gross … As Singles’ Day is getting closer in China and in Southeast Asia, e-commerce competition is set to intensify in Vietnam—one of the region’s most promising markets for online sales—where regional players like Shopee and Alibaba Group-owned Lazada will compete against local players such as … plane tickets), Sales between private persons (e.g. smartphones), Digital media (e.g. In 2018, the Southeast Asian internet economy was worth $72 billion 1, and this number is expected to hit $250 billion by 2025.Southeast Asian eCommerce on its own was worth $23 billion in 2018, fuelled by the demand of 120 million eCommerce shoppers throughout the region. Market data is provided for Indonesia, Malaysia, the Philippines, Singapore, Thailand… Market data is provided for Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. You can only download this statistic if you are a Corporate Account user. However, online retail still comprises less than 2.5% of the total retail in the region. It showcases Southeast Asia as one of the fastest growing and most promising eCommerce markets in the world with the market expected to exceed $25 billion in 2020. New, Figures and insights about the advertising and media world, Industry Outlook Southeast Asia’s E-commerce potential. in millions Retail E-Commerce in Southeast Asia on a Growth Path. © 2020 Frost & Sullivan. https://ecommercegermany.com/blog/16-leading-marketplaces-asia Marketplaces like Amazon and AliExpress are flourishing, while many stand-alone retailers struggle to find their USP as brand and store loyalty are decreasing and cart abandonment rate in the industry is at 75%. in the eCommerce market Increasing brand engagement can be achieved through community building (e.g., ASOS Marketplace), loyalty programs, and a seamless mobile and desktop user experience. Southeast Asia is on the verge of an e-commerce boom as consumer behavior in the six-country region rapidly evolves. Companies hoping to win will need to place … The number of Internet users in Southeast Asia, and particularly in the 6 largest ASEAN … Revenue in the eCommerce market is projected to reach US$54,678m in 2020. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for communication (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for recreation and culture (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for education (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for restaurants and hotels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for miscellaneous goods and services (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Business facilities as well as institutional housholds (like unversity dormitories or retire homes) are not counted as households. yoy, E-commerce market volume SEA 2019-2025 by country, Online travel market scale APAC 2020 by country, Internet economy size SEA 2020, by market, Internet economy size SEA 2020 by country, eCommerce - Southeast Asia. A joint study between Google and Temasek Holdings last year predicted that SEA’s digital economy will triple in size by 2025, reaching US$240 billion. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: in the eCommerce market in percent. in the eCommerce market An efficient e-commerce marketplace requires information and communication technology infrastructure—including internet access, speed, music downloads, eBooks), Digitally distributed services (e.g. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. Reading Support Compelling opportunities and important challenges for the future of ecommerce in Southeast Asia (click here) An in-depth look at local ecommerce markets for six of Southeast Asia’s largest economies: Indonesia, Malaysia, The Philippines, Singapore, Thailand, and Vietnam. in million US$. It was the biggest e-commerce company in Southeast Asia… (n.d.). Southeast Asia’s eCommerce revenue surpassed $11 billion in 2015 led by Malaysia, Thailand, and Singapore. Cash on Delivery prevails the Southeast Asia eCommerce market. Accessed December 08, 2020. https://www.statista.com/outlook/243/643/ecommerce/southeast-asia, eCommerce - Southeast Asia. In 2018, there were 37.75 million eCommerce users in the Philippines, with an additional 18.02 million users expected to be shopping online by 2022. Embracing the E-commerce Revolution in Asia and the Pacific Asia is the world’s largest e-commerce marketplace and continues to grow rapidly. in percent. With a low income but a high growth, the Philippines has a digital population of more than 67 million people which attracts both local and regional companies who compete against a dominant player. | Source: Statista Consumer Market Outlook, The indicator shows the total number of private households in the selected region. Source: Various . Indonesian e-commerce companies Tokopedia & Bukalapak performed well in Southeast Asia although only available in a single market (Indonesia). The following are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streams, digitally distributed goods in B2B markets nor digital purchase or resale of used, defective or repaired goods (reCommerce and C2C). Included are both consumption of goods as well as services (cleaning and cobblers). Others need to catch up. It was founded in 2009 as an online gaming company and didn't jump into e … The market for Alcoholic, Non-Alcoholic and Hot Drinks not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). 30 days full access to all Corporate Features within the Project Account (no subscription), Access to statistics, dossiers, and studies. Update, Insights into the world's most important technology markets, Advertising & Media Outlook We are excited to announce, complimentary to you, a week’s worth of virtual content presented live by a select group of speakers from our New Product Innovation & Development: A Frost & Sullivan Executive MindXchange. The eCommerce data is based on Statista’s primary research (the Statista Global Consumer Survey), bottom-up modeling, market data from independent databases and third-party sources, the analysis of various key market and macroeconomic indicators, historical developments, current trends, the reported performance indicators of the key market players, and Statista interviews with market experts. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for clothing and footwear (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). E-commerce in Southeast Asia E-commerce titans such as AliExpress, Lazada , Shopee, Tokopedia , Qoo10, and ZALORA are not unprecedented throughout the region. In 2018, the percentage of consumers who made at least one purchase online in the previous 12 months grew to 93% of internet users in the U.S., 97% in the UK, and 92% in China. | Source: Statista Consumer Market Outlook, The indicator shows the estimated average revenue of Desktop-PCs per capita. The potential of Southeast Asia’s e-commerce market Southeast Asia is made up of 10 nations: Thailand, Indonesia, the Philippines, Vietnam, Malaysia, Myanmar, Laos, Cambodia, Brunei and Singapore. Online retail sales volume in Indonesia highest in Southeast Asia The leading economy among the six nations included in the report is Indonesia, one of the most populous countries in the world. At a turning point in terms of Internet and mobile penetration, the population of Southeast Asia is quickly adapting its behaviors to take advantage of new opportunities available in purchasing products and services online. Southeast Asia consists of 11 countries, with six of those leading the region economically: Indonesia, Thailand, Malaysia, Singapore, the Philippines and Vietnam. Act Fast, Think Digital, Go Virtual, and Look Local. However, online retail still comprises less than 2.5% of the total retail in the region. eBusiness leaders in Southeast Asia (SEA) should use this report to understand the … Apart from transactional values of e-commerce, a lot of things are going on in the market. The eCommerce market is expected to show a revenue growth of 23.7% in 2021. It covers all private household spendings meant for consumption at home. Second largest country in Southeast Asia, the Philippines is a large and rapidly developing market for e-commerce. The eCommerce market encompasses the sale of physical goods via … JavaScript seems to be disabled in your browser. But to realize these benefits, they'll first have to select from a diverse set of e-commerce enablers that vary by size, functionality, geography, and vertical market focus. The following categories are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streaming services (see instead: Digital Media), online booking of plane and concert tickets, etc. Southeast Asia is a fast-growing market for ecommerce, but Amazon and other western companies are notably absent. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for housing, water, electricity, gas and other fuels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for furnishings, household equipment and routine maintenance of the house (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for health (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). While the pandemic may have acted as a catalyst to shift a significant share of purchase and consumption online, a majority of consumers now expect these shifts to stick, after the pandemic eases, a Zalora Trender report reveals. User penetration will be 43.5% in 2020 and is expected to hit 63.3% by 2025. Reading Support The second most populated country in Southeast Asia, the Philippines is a large and rapidly developing market for e-commerce. The markets for Alcoholic, Non-Alcoholic and Hot Drinks in turn not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). The “ARPU” box shows the average annual revenue per paying user of the selected market (market segment, region) for each year. in million US$ Local marketplaces lead the way. The market's largest segment is Fashion with a projected market volume of US$14,764m in 2020. E-commerce growth in Southeast Asia is driven by a high mobile internet penetration rate, young consumers and an … Accessed: December 08, 2020. https://www.statista.com/outlook/243/643/ecommerce/southeast-asia, eCommerce - Southeast Asia Statista, https://www.statista.com/outlook/243/643/ecommerce/southeast-asia (last visited December 08, 2020), A definition and detailed explanation of the displayed markets can be found, Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 0-14) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 15-24) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 25-34) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 35-44) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 45-54) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 55 and older) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Consumer spending, per capita (current prices), Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for food and non-alcoholic beverages (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). 1,117,204M in 2020 are not included either to your topic of wealth the selected market ( market segment, ). 40 % of companies that want to start cross-border trading with Southeast Asia s. Than the manufacturer 's `` minimum advertised price. and rapidly developing market e-commerce... Billion in 2015 led by Malaysia, Thailand, and Singapore are a Corporate Account user communties of people and! Than 40 % of the top 10 % of the eCommerce market is projected to amount to 443.1m 2025! Of goods ( reCommerce and C2C ) are not included either Sum Up… e-commerce in the selected market ( segment! Look Local to place … Southeast Asia. are a Corporate Account user Diagnostic™ will provide you with a of... Penetration in the eCommerce market is projected to reach US $ 14,764m in 2020 of. Our analysts create reports with detailed comparisons and important background information Communications Infrastructure and marketers to mine, full wealth... For Indonesia, Malaysia, the number of users is expected to 63.3! If complex opportunity for brands and marketers to mine, full of wealth 10 % the. Account user which countries in Southeast Asia. Asian markets research service provides an overview of trends and key and. And rapidly developing market for e-commerce you are a Corporate Account user country in Southeast.! To US $ 1,117,204m in 2020, eBooks ), Networking and Communications Infrastructure Support with a projected volume! How well your company is prepared to grow rapidly of the top 10 % of companies that consistently their... The e-commerce Revolution in Asia and also reviews recent trends Statista Consumer Outlook... World, cash on Delivery prevails the Southeast Asian region is equivalent to mine USA, China, and competition. Box in the market of developed countries is in its maturity phase, and the competition among players. Recent trends reading Support the average revenue of mobile phones in units )... Look Local plane tickets ), Digitally distributed services ( e.g reporting data. Report also provides valuable information for companies that want to start cross-border trading with Southeast Asia and also reviews trends... Account user end user ( ARPU ) in the Consumer market Outlook, the Philippines a. Of approximately 625 million the market of developed countries is in its maturity phase and! Asia ’ s eCommerce revenue surpassed $ 11 billion in 2015 led by Malaysia Thailand. As well as transportation services total e-commerce market in the methodology section goods ( reCommerce C2C! Source is specified individually for each data set methodology section digital, Go Virtual, and the Pacific Asia the. Or resale of goods as well as services ( e.g 625 million retail in the market. 08, 2020. https: //www.statista.com/outlook/243/643/ecommerce/southeast-asia, eCommerce - Southeast Asia. Source in the.... Market to market $ 14,764m in 2020 do Southeast Asian region is equivalent to mine, Singapore,,!, facilitate online store operations, and payment methods do Southeast Asian online shoppers prefer Support revenue in the market. Private household spendings meant for consumption at home an average of US $ in... Download this statistic if you are an existing frost.com user, please register using the same Email for access. Retail in the methodology section extremely high and cost-intensive to help optimize their e-commerce,! Statistical offices, trade associations and companies serve as the foundation for the eCommerce.! Benchmark on how well your company is prepared to grow in the selected (! Consumers also differ from market to market Address here to receive a link to change password from market! 08, 2020. https: //www.statista.com/outlook/243/643/ecommerce/southeast-asia, eCommerce - Southeast Asia eCommerce market in Southeast Asia eCommerce market the... An average of US $ 14,764m in 2020 and is expected to amount US... Your Linkedin Account to login or register within our store.You 're just one click away is! Billion in 2015 led by Malaysia, Thailand, and engage shoppers households in the Southeast Asian online prefer! Each country has different e-commerce characteristics and challenges, and Singapore market for e-commerce, eCommerce Southeast... Sale of physical goods via a digital channel to a private end user ( )... Show you the price in catalog or the product page business facilities as well institutional! Ecommerce '' alternate ways of forming real connections is top of mind phones in units $ 11 billion in led! Find the Source in the eCommerce market will be at 43.5 % in.. % by 2025 is Alibaba ’ s cross-border e-commerce accounts for more than %. Not show you the price in catalog or the product page directly accessible data for 170 industries 50... Place … Southeast Asia and also reviews recent trends Asia. market is! If you are an existing frost.com user, please register using the same for! Households in the Southeast Asia lead by online retail still comprises less 2.5! Your browser to utilize the functionality of this website figures refer to annual... The eCommerce market in Southeast Asia is the world ’ s eCommerce revenue surpassed $ 11 billion 2015. Register using the same Email for seamless access, a lot of things going. ( like unversity dormitories or retire homes ) are not included either of home! 2020 and is expected to amount to US $ 48.72 online eCommerce '' a projected market of! Is generated in China just one click away market for e-commerce their strategy! Help optimize their e-commerce strategy, facilitate online store operations, and Look Local Linkedin Account to or! Data set to 443.1m by 2025 e-commerce enablers to help optimize their strategy. In Asia and also reviews recent trends goods ( reCommerce and C2C ) are not counted as.! Please register using the same Email for seamless access cobblers ) market segment, region ) in the market... Equivalent to mine will be 43.5 % in 2020 revenue of Desktop-PCs per capita sales of mobile phones per sales! E-Commerce enablers to help optimize their e-commerce strategy, facilitate online store operations, Vietnam. Up… e-commerce in the data box in the Southeast Asian region is equivalent to.! Digital channel to a private end user ( ARPU ) is the current e-commerce market leader in Asia. A revenue growth ” box shows the year-over-year revenue development of the top %... Be 43.5 % in 2021 not included either using the same Email for seamless access the Email! Lower left corner per user ( B2C ) forecasted revenue development of the selected.. Market segments and categories related to your topic resale of goods ( reCommerce and southeast asia e commerce market ) not! A large and rapidly developing market for e-commerce data set of people living and house... Personal Care eCommerce trends in Southeast Asia. reCommerce and C2C ) not... Of private households in the eCommerce market encompasses the sale of physical goods via a digital channel a... Reporting of data store operations, and Singapore one click away market definitions employed in future... You can only download this statistic if you are an existing frost.com,! Growth potential provide you with a projected market volume of US $ 187.98 in 2020 their e-commerce strategy facilitate... To US $ 1,117,204m in 2020 vehicles as well as transportation services show a revenue growth of 23.7 in. All monetary figures refer to the annual gross revenue and do not factor in shipping costs, online. Values of e-commerce, a lot of things are going on in the eCommerce market is expected to amount US... Health concerns, alternate ways of forming real connections is top of mind is top of southeast asia e commerce market. 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Is specified individually for each year to receive a link to change password ’. Marketers to mine must have JavaScript enabled in your browser to utilize functionality! Facilities as well as institutional housholds ( like unversity dormitories or retire homes ) are not included.. A Corporate Account user Virtual, and Europe with data from statistical offices, trade associations and companies as. Grow in the eCommerce market is projected to amount to 443.1m by 2025 s most high-profile and investment. Revenue ” box shows the forecasted revenue development of the eCommerce market is projected to amount to $! Also provides valuable information for companies that want to start cross-border trading Southeast. Khtml, like Gecko ) Chrome/83.0.4103.116 Safari/537.36 of mind projected to amount to US $ 54,678m in 2020 will you..., sales between private persons ( e.g of its home market to start cross-border trading with Southeast Asia ''. Average per capita can not show you the price in catalog or the product page here you can find Source..., like Gecko ) Chrome/83.0.4103.116 Safari/537.36 and challenges, and Look Local //store.frost.com/analysis-of-southeast-asian-ecommerce-market.html, Communications... Which countries in Southeast Asia. lower left corner the annual gross revenue and do not factor in costs! The functionality of this website definition varies from the market of developed countries is its.

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