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. "


E-commerce

Trend Forecast

<<:  51.4% of Japanese women prefer to buy cosmetics on Qoo10

>>:  Amazon's Florida factory has more robots than workers

Recommend

What is Fuming erp? Fuming erp Review, Features

Fuming ERP creates professional systems for custom...

What is Storenvy? Storenvy Review, Features

Storenvy is a San Francisco startup. It is a mash...

What is Cuckoo

Shenzhen Cuckoo Information Technology Co., Ltd. ...

Shenzhen seller files lawsuit after being owed more than $5 million

Shenzhen-based seller Gemtek has filed a major la...

Wenzhou pet town rises, dog chews output value reaches 4.5 billion yuan

When talking about Wenzhou, Zhejiang, people may ...

What is Xinjingquan Logistics? Xinjingquan Logistics Review, Features

Xinjingquan Logistics (Beijing Xinjingquan Express...

What is Xinyi Supply Chain? Xinyi Supply Chain Review, Features

Xinyi Supply Chain (Zhejiang Xinyi Supply Chain Ma...

About 20,800 bicycles recalled due to risk of injury

With the outbreak of the COVID-19 pandemic, more ...