DUBLIN, Feb. 17, 2014 /PRNewswire/ --Research and Markets ( http://www.researchandmarkets.com/research/vz798s/asia_b2c ) has announced the addition of the "Asia B2C E-Commerce & Online Payment Report" report to their offering.
Strongly differing Developments of Internet and B2C E-Commerce Markets in Asia
According to the Asia B2C E-Commerce & Online Payment Report 2013, there are distinct differences regarding the development of Internet usage and online retail in the Asian region. Mobile online retail, for example, has many users in developed markets such as Japan, South Korea, and China, while less developed countries are facing low online sales and general Internet problems.
The Asian region is developed very differently regarding Internet usage and B2C E-Commerce. While countries such as Japan, South Korea and increasingly also China reach ever growing Internet user rates and thereby also increasing B2C E-Commerce sales, there are also less developed countries such as Laos and Nepal, which have Internet user penetrations of less than 10 percent. Large markets such as India and Indonesia also need to catch up on this topic.
Japanese B2C E-Commerce Revenues experience stronger Growth than the Number of Internet Users
In Japan, B2C E-Commerce grows quicker than the number of Internet users. Future revenue increases in Japanese B2C E-Commerce are predicted to be a result of higher average spending versus a growing number of Internet shoppers. According to forecasts, in 2012, M-Commerce in Japan accounted for almost one quarter of all online revenues. This figure also includes mobile payment methods which were frequently used in over-the-counter retail. In terms of the number of unique visitors, in 2012, online market place Rakuten was the most successful player in Japanese B2C E-Commerce, followed by Amazon and Nissen.
Smartphones for the first Time used more often than Notebooks to shop Online in South Korea
After double-digit growth rates in recent years, B2C E-Commerce sales in South Korea reached more than 10 billion EUR. Furthermore, more online purchases are conducted using smartphones than using notebooks in South Korea. Besides Mobile Commerce, Social Commerce is also a growing trend in South Korean online retail. Generally, especially much money was spent online in the second quarter of 2012, buying travel arrangements and reservations as well as clothing and fashion-related goods. Leading companies and websites in South Korean B2C E-Commerce with regard to the number of unique visitors in 2012 were Gmarket, 11st, Shopping.Naver, Interpark, and Cjmall, all of which are mass merchants.
Key Topics Covered:
1. Management Summary
2. Asia Regional
3. Japan (Top Country)
4. South Korea (Top Country)
5. China (Top Country)
6. India (Top Country)
11. Other Asian Countries
- American Apparel
- Ralph Lauren
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SOURCE Research and Markets