Global eCommerce and Other Non-Store Retailers Market to Reach $5.7 Trillion by 2027




Complimentary updates for one yearGlobal eCommerce and Other Non-Store Retailers Market to Reach $5.7 Trillion by 2027
– In the changed post COVID-19 business landscape, the global market for eCommerce and Other Non-Store Retailers estimated at US$2.3 Trillion in the year 2020, is projected to reach a revised size of US$5.7 Trillion by 2027, growing at a CAGR of 13.5% over the analysis period 2020-2027. eCommerce, one of the segments analyzed in the report, is projected to record a 14.6% CAGR and reach US$5.1 Trillion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Direct Selling Establishments segment is readjusted to a revised 7.3% CAGR for the next 7-year period.
– The U.S. Market is Estimated at $814.3 Billion, While China is Forecast to Grow at 16.1% CAGR
– The eCommerce and Other Non-Store Retailers market in the U.S. is estimated at US$814.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$838.6 Billion by the year 2027 trailing a CAGR of 16.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.3% and 13% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$684.8 Billion by the year 2027.
– Vending Machine Operators Segment to Record 5.3% CAGR
– In the global Vending Machine Operators segment, USA, Canada, Japan, China and Europe will drive the 5.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$66.4 Billion in the year 2020 will reach a projected size of US$92.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 6.9% CAGR through the analysis period.

Select Competitors (Total 133 Featured)
Alibaba Group Holding Limited, Inc.
Amway Corp.
Argos Limited
eBay Inc.
HSN, Inc.
Indrio Holdings, LLC, Inc.
MercadoLibre S.R.L.
Newegg Inc.
Otto GmbH & Co KG
QVC, Inc.
Suning Holdings Group Co., Ltd.
Walmart Inc.

Posted October 10, 2022 by & filed under News.