Top 10 Countries Ruling the Ecommerce Market
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ECOMMERCE MARKET GROWTH OF TOP COUNTRIES 10 Conceptualized by Michal Aldrich of UK, back in 1979, the online shopping concept has popularized over the years and has spread all worldwide. The pioneers in this field were Amazon and eBay. The growth of e-commerce market continues to rise steeply showing no signs of slowing down. Here are top 10 countries which now rule the e-commerce market: E-commerce share in total retail sales: In China, 36% of the population is using e-commerce platform, recording a 35% sales increase/annual growth. Credit goes to subsidiaries of Alibaba Group, namely TaoBao, Alibaba.com, Tmall, etc. Alibaba boomed the e-commerce business growth and is currently the largest online retailer in China. CHINA UNITED STATES UNITED KINGDOM SOUTH KOREA Holds the number two position in this global list- Greater involvement in the e-commerce seams robust with a 67% e-shoppers’ count around the country. The US e-commerce market is mainly led by Amazon, eBay and Walmart. The United Kingdom has one of the highest sales percentages of the total retail sales. Rakuten is the leading m-commerce innovator in the world and Japan’s e-commerce sales have a huge influence of this company. The percentage of e-shoppers in Japan are placed at 70% count. UK’s Biggest e-commerce websites include Amazon UK, Argos, and Play.com, and has a staggering count of e-shoppers at 81%. JAPAN GERMANY After the UK, Germany is the 2nd largest e-commerce market in Europe and has its e-commerce roots in Amazon has a deep penetration in France with local retailers setting the foot in the e-commerce market as well. This country has the fastest wireless internet speed and stands 7th in this list. Coupang is the leading online giant claiming itself as the amazon of South Korea by taking the advantage of their high-speed internet service. By the last reports of 2016, e-shoppers in Germany were calculated to be 67.6% eBay and Otto are not too far behind. FRANCE CANADA Amazon strongly prevails the e-commerce sales in Canada, while Costco runs second in the competition Canada has a huge e-commerce market but with low competition. Amazon reigns the country's e-commerce market, trailing by local brand Costco. Coming at number 9, Russia has one of the largest population of internet users at 59% and yet only 2% of that contributes to the e-commerce market sales because Russians mostly prefer to pay cash. The biggest e-commerce retailers in the country are Ulmart, Citilink, and Ozon. Brazil comes to the 10th position with a decent growth at about 22%. However, the e-commerce sales in Brazil are pretty low in comparison to other countries. Local online retailers like MercadoLibre and B2W are the only significant leaders of e-commerce in Brazil. For now, these ten countries could make it to the Top Ten. But several other e-commerce markets speeding rapidly and are likely to overtake one another. The ones to really watch out for – Southeast Asia and India. China would be exceeding $1 trillion in retail e-commerce sales by 2018. The United States till then will maintain the second position. Amazon seems to rule the world of e-commerce market with progressive growth. The E-shoppers in France are estimated to be at a 66% count. France globally settles in at number 6 with the e-commerce market practically topped by Odigeo, a travel company. Online Sales amount $672 B 15.9% E-commerce share in total retail sales: Online Sales amount $340 B 7.5% E-commerce share in total retail sales: Online Sales amount $99 B 14.5% E-commerce share in total retail sales: Online Sales amount $73 B 8.4% E-commerce share in total retail sales: Online Sales amount $37 B 9.8% RUSSIA E-commerce share in total retail sales: Online Sales amount $20 B 2% E-commerce share in total retail sales: Online Sales amount $79 B 5.4% E-commerce share in total retail sales: Online Sales amount $43 B 5.1% E-commerce share in total retail sales: Online Sales amount Online Sales amount $30 B 5.7% BRAZIL E-commerce share in total retail sales: $19 B 2.8% Presented by Source: business.com www.appseconnect.com INTERESTING FACTS
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Transcript of Top 10 Countries Ruling the Ecommerce Market
E C O M M E R C E M A R K E TG R O W T H O F
TOP COUNTRIES10
Conceptualized by Michal Aldrich of UK,
back in 1979, the online shopping concept has popularized over the
years and has spread all worldwide.
The pioneers in this field were Amazon and eBay.
The growth of e-commerce market continues to rise steeply showing no signs of slowing down.
Here are top 10 countries which now rule thee-commerce market:
E-commerce share in total retail sales:
In China, 36% of the population is using e-commerce platform, recording a 35% sales increase/annual growth.
Credit goes to subsidiaries of Alibaba Group, namely TaoBao, Alibaba.com, Tmall, etc.
Alibaba boomed the e-commerce business growth and is currently the largest online retailer in China.
CHINA
UNITED STATES
UNITEDKINGDOM
SOUTHKOREA
Holds the number two position in this global list-
Greater involvement in the e-commerce seams robust
with a 67% e-shoppers’count around the country.
The US e-commerce market is mainly led by Amazon, eBay and Walmart.
The United Kingdom has one of the highest sales percentages of the
total retail sales.
Rakuten is the leading m-commerce innovator in
the world and Japan’s e-commerce sales have a
huge influence of this company.
The percentage of e-shoppers in Japan are placed at 70% count.
UK’s Biggest e-commerce websites include Amazon UK, Argos, and Play.com, and has a staggering count of e-shoppers at 81%.
JAPAN
GERMANY
After the UK, Germany is the 2nd largest e-commerce market in Europe and has its e-commerce roots in
Amazon has a deep penetration in France with local retailers setting the foot in the e-commerce market as well.
This country has the fastest wireless internet speed and stands 7th in this list.
Coupang is the leading online giant claiming itself as the amazon of South Korea by taking the advantage of their high-speed internet service.
By the last reports of 2016, e-shoppers in Germany were calculated to be 67.6%
eBay and Otto are not too far behind.
FRANCE
CANADA
Amazon strongly prevails the e-commerce sales in Canada, while Costco runs second in the competition
Canada has a huge e-commerce market but with low competition.
Amazon reigns the country's e-commerce market, trailing by local brand Costco.
Coming at number 9, Russia has one of the largest population of internet users at 59% and yet only 2% of that contributes to the e-commerce market sales because Russians mostly prefer to pay cash.
The biggest e-commerce retailers in the country are Ulmart, Citilink, and Ozon.
Brazil comes to the 10th position with a decent growth at about 22%. However, the e-commerce sales in Brazil are pretty low in comparison to other countries.
Local online retailers like MercadoLibre and B2W are the only significant leaders of e-commerce in Brazil.
For now, these ten countries could make it to the Top Ten. But several other e-commerce markets speeding rapidly and are likely to overtake one another. The
ones to really watch out for – Southeast Asia and India.
China would be exceeding $1 trillion in retail e-commerce sales by 2018.
The United States till then will maintain the second position.
Amazon seems to rule the world of e-commerce market with progressive growth.
The E-shoppers in France are estimated to be at a 66% count.
France globally settles in at number 6 with the e-commerce market practically topped by Odigeo, a travel company.
Online Sales amount $672 B 15.9%
E-commerce share in total retail sales:
Online Sales amount $340 B 7.5%
E-commerce share in total retail sales:
Online Sales amount $99 B 14.5%
E-commerce share in total retail sales:
Online Sales amount $73 B 8.4%
E-commerce share in total retail sales:
Online Sales amount $37 B 9.8%
RUSSIAE-commerce share in total retail sales:
Online Sales amount $20 B 2%
E-commerce share in total retail sales:
Online Sales amount $79 B 5.4%
E-commerce share in total retail sales:
Online Sales amount $43 B 5.1%
E-commerce share in total retail sales:
Online Sales amount
Online Sales amount
$30 B 5.7%
BRAZIL
E-commerce share in total retail sales:
$19 B 2.8%
Presented by
Source: business.comwww.appseconnect.com
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