Online Retail, China Market Size Forecast, Top 30 Players Rank and Market Share (Internet Services - Other Internet Services)
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Online Retail, China Market Size Forecast, Top 30 Players Rank and Market Share | |
Online Retail Market Summary Online retail is a type of eCommerce whereby a business sells goods or services directly to consumers from a website. The website may be their own, or it may be owned by a larger retailer or marketplace like Amazon. Online retail is a similar concept to brick-and-mortar retail. According to the new market research report “China Online Retail Market Report 2023-2029”, published by QYResearch, the China Online Retail market size is projected to reach USD 4569 billion by 2029, at a CAGR of 13.1% during the forecast period. This report profiles key players of Online Retail such as Jingdong, Alibaba, Vipshop, Suning.com, Huitongda Network, Haier Smart Home, Xiaomi, Midea, WOERMA(CHINA), Wuhan Zhongnan Commercial. In 2022, the China top 30 Online Retail players account for 14% of market share in terms of revenue. Online retail sales of physical goods were USD 1,674.4 billion, a year-on-year increase of 6.2%, accounting for 27.2% of the total retail sales of consumer goods, further demonstrating its role in stimulating consumption. B2C online retail sales increased by 5.6% year-on-year, accounting for 79.4% of online retail sales. And C2C online retail sales decreased by 0.6% year-on-year, accounting for 20.6% of online retail sales. About QYResearch QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future. QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.  | |
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2024-06-02 (0.254 sec)