Dublin, Sept. 06, 2023 (GLOBE NEWSWIRE) -- The "China Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.
China's dynamic social commerce industry is on an upward trajectory, with the sector expected to grow by 11.4% annually to reach an impressive US$442.64 billion in 2023.
A steady growth pattern is predicted to continue, with a projected Compound Annual Growth Rate (CAGR) of 11.6% during the period of 2023 to 2028.
The social commerce Gross Merchandise Value (GMV) is set to soar from US$442.64 billion in 2023 to a staggering US$765.61 billion by 2028.
Insights and Scope:
This comprehensive report delves into the heart of the social commerce industry in China, providing a meticulous data-centric analysis of market opportunities and risks.
With over 50+ Key Performance Indicators (KPIs) at a China level, this report delivers a comprehensive grasp of market dynamics, size and forecast, as well as market share statistics.
Key Market Segments:
The report offers an insightful breakdown of key market segments:
- China Ecommerce Industry Market: Analyzing size and future growth dynamics by Key Performance Indicators (2019-2028).
- China Social Commerce Industry Market: Exploring size and future growth dynamics by Key Performance Indicators (2019-2028).
- Retail Product Categories: A forecast of market size by categories such as Clothing & Footwear, Beauty and Personal Care, Food & Grocery, Appliances and Electronics, Home Improvement, Travel, and Hospitality (2019-2028).
- End Use Segments: Projecting market size by B2B, B2C, and C2C segments (2019-2028).
- End Use Device: Predicting market size by Mobile and Desktop usage (2019-2028).
- Location: Analyzing market size by Domestic and Cross Border contexts (2019-2028), and further by Tier-1, Tier-2, and Tier-3 Cities.
- Payment Method: Forecasting market size by various payment methods including Credit Card, Debit Card, Bank Transfer, Prepaid Card, Digital & Mobile Wallet, Other Digital Payment, and Cash (2019-2028).
- Platforms: Analyzing market size and forecast for platforms like Video Commerce, Social Network-Led Commerce, Social Reselling, Group Buying, and Product Review Platforms (2019-2028).
- Consumer Demographics & Behaviour: Providing insights into consumer behavior categorized by Age, Income Level, and Gender in 2022.
Reasons to Buy:
- Gain an In-depth Understanding of Social Commerce Market Dynamics: Stay informed about market opportunities, key trends, and forecast for 2019-2028.
- Target Emerging Opportunities: Identify growth segments and tailor your strategies accordingly.
- Formulate Market-Specific Strategies: Develop strategies based on growth segments, market trends, drivers, and risks within the industry.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 70 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $442.6 Billion |
| Forecasted Market Value (USD) by 2028 | $765.6 Billion |
| Compound Annual Growth Rate | 11.4% |
| Regions Covered | China |
For more information about this report visit https://www.researchandmarkets.com/r/41mb4l
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