It is estimated that China's e-commerce sales will reach 2 trillion US dollars in 2025!

It is estimated that China's e-commerce sales will reach 2 trillion US dollars in 2025!

Recently, FedEx released the white paper "Overview of Major Trends in E-Commerce", revealing the most significant trends in the development of global e-commerce.

 

According to reports, the global e-commerce market is booming during the pandemic. Companies of different sizes hope to use this trend to develop their businesses. As a result, more and more new companies are joining the e-commerce field. According to FedEx's forecast, the average growth rate of global e-commerce will reach 47% in the next five years .

 

The growth rate of e-commerce in the Asian market is higher than the global average , reaching 51% . The European market and the North American market are ranked second with growth rates of 42% and 35% respectively . By 2025, the e-commerce market size in the Middle East and Africa is expected to reach US$73 billion.

 

In addition, the report also places special emphasis on the Chinese market. In the next few years, the growth of China's e-commerce sector will be ahead of other regions in Asia. According to FedEx's forecast, China's e-commerce sales will grow to nearly US$2 trillion by 2025.

 

With the increasing penetration of e-commerce in some developed regions, second-tier cities and rural areas have become target markets for some brands to explore business opportunities. Some traditional offline retail stores are hoping to establish new connections with customers through e-commerce platforms, which is also a major driving force for the future development of e-commerce.

 

The rapid development of e-commerce has also created huge development opportunities for the e-commerce logistics industry . According to a white paper released by FedEx, the annual growth rate of the global e-commerce logistics market is expected to reach 6.6% between 2021 and 2028. By 2028 , the global e-commerce logistics market is expected to reach US$118.847 billion.

 

Charlie Su, senior vice president of marketing and customer experience for Asia Pacific, Middle East and Africa at FedEx Express, said: "Emerging technologies are changing consumer behavior and leading the next wave of e-commerce revolution. To win in the fierce e-commerce competition , companies must continuously rethink and reshape the forms and channels of interaction with consumers. "


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