Southeast Asia's e-commerce is growing rapidly and is expected to surpass the UK in the future!

According to foreign media reports , in 2020 , the number of Internet users in Southeast Asia continued to grow, with more than 40 million becoming Internet users, bringing the number of Internet users in Southeast Asia to 440 million . Among them, more than 90% of users said they would continue to shop through online channels.

The e-commerce industry in Southeast Asia is growing rapidly, and more and more e-commerce platforms are gradually expanding their business scope to Southeast Asia. Some experts predict that by 2025, Southeast Asia 's e-commerce industry is likely to surpass the UK.

The world's largest e-commerce markets are the United States and China, followed by the United Kingdom. It is understood that British e-commerce currently ranks third in the world, accounting for 4.8% of the global market share . In the future, when Southeast Asian e-commerce revenue exceeds that of the United Kingdom, it will become one of the world's three largest markets.

It is reported that one of the important driving forces behind the rapid growth of the e-commerce industry in Southeast Asia is the Thai market. Thai people were already very familiar with online shopping before the epidemic. Some experts predict that the total value of Thailand's e-commerce will increase to US$35 billion by 2025.

In addition to Thailand, Vietnam is also one of the countries with the fastest growth in e-commerce in the past two years. Affected by the epidemic, in just two years, Vietnam has become one of the countries with the strongest potential for e-commerce and logistics development in the region.

At the same time, Vietnam is also an important part of the Southeast Asian e-commerce market. It is reported that Vietnam 's e-commerce revenue is expected to reach US$21 billion this year , and by 2025, it is very likely to achieve US$39 billion in revenue.

Electronic payment is also one of the driving forces accelerating the rapid development of the Southeast Asian e-commerce market, and now more and more Thais are beginning to use electronic payment . A report from the Bank of Thailand shows that as more and more Thais turn to electronic payment.

Especially after the outbreak of the global COVID-19 pandemic, electronic payment and online shopping have become the choice of more and more people. The Southeast Asian e-commerce market will further expand in the future. Relevant sellers can pay more attention to the development trends of e-commerce in Southeast Asia.

Southeast Asia

E-commerce market

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