(MENAFN- PR Newswire) DUBLIN, March 22, 2024 /PRNewswire/ -- The
"Latin America B2C E-Commerce Market 2024" report has been added to ResearchAndMarkets's offering.
The Latin American B2C E-Commerce market is poised for significant growth, projected to surpass EUR 800 billion by 2026.
Latin America leads the global scene in online shopping activity
The region stands out with more than half of the users making frequent purchases, marking a robust CAGR of over 9% in the global B2C E-Commerce market. Moreover, nearly 80% of social media users in the region are active purchasers, indicating a strong inclination towards digital commerce and the pivotal role of social platforms in driving consumer engagement and sales.
Brazil's B2C E-Commerce market is expected to experience substantial growth by 2026
Brazil will surpass EUR 400 billion with a projected CAGR of +17% by 2026. The popular online payment method, Pix, is anticipated to constitute nearly half of Brazil's online transactions by that time. Meanwhile, Mexico's B2C E-Commerce market is forecasted to exceed EUR 160 billion with a remarkable CAGR by 2026. Additionally, Latin America's integration into the global digital market is evident, with cross-border B2C E-Commerce sales projected to reach over EUR 130 billion by 2026.
As Latin America embraces the digital commerce landscape, there arise lucrative opportunities for businesses to capitalize on this booming market. Understanding consumer preferences and fostering trust are essential elements for achieving sustained success in the dynamic B2C E-Commerce ecosystem of the region.
Key Questions Answered:
In Latin America, what percentage of social media users actively make purchase? How much are cross-border B2C E-Commerce sales in Latin America expected to reach by 2026? What is the projected value of Brazil's B2C E-Commerce market by 2026? Which online payment method is expected to dominate Brazil's online transactions by 2026? How does Latin America compare to other regions in terms of the frequency of online shopping among its users?
Company Coverage:
Amazon Apple Dafiti Falabella Magalu Mercado Libre Nike PayU Pix Ripley Shopee
Key Topics Covered:
1. Key Takeaways
2. Management Summary
3. Global
B2C E-Commerce Market Size, in USD trillion, 2021-2026f B2C E-Commerce Market Size, in USD trillion, 2023e & 2026f B2C E-Commerce Market Size, in USD trillion, 2022 & 2027f* B2C E-Commerce Sales Value, in USD trillion, 2023f* & 2025f Breakdown of Payment Method Types Used in B2C E-Commerce, in %, 2023e Share of Online Shoppers Who Purchase From B2C E-Commerce Platforms at Least Several Times a Month, by Region, in % of Online Shoppers, November 2023 Share of Social Media Users Who Purchase From Social Media Platforms at Least Several Times a Month, by Region, in % of Social Media Users, November 2023 Trust in Different Shopping Platforms, by Region, in % of Online Shoppers, November 2023 Trust in Different Social Media Back-End Processes, by Region, in % of E-Sellers, November 2023 Number of New Shoppers, incl. "Online", by Region, in millions, 2030f
4. Latin America
4.1. Regional
B2C E-Commerce Market Trends, March 2024 B2C E-Commerce Market Size, is USD billion, 2020-2026f Retail E-Commerce vs Non-E-Commerce Sales Growth, in % of Year-On-Year Change, 2020-2027f Breakdown of B2C E-Commerce Market Volume, by Sector, in %, 2023e Cross-Border B2C E-Commerce Sales, is USD billion, 2020-2026f Share of Cross-Border Making Up Total B2C E-Commerce Volume, in %, 2023e & 2026f Domestic B2C E-Commerce Volume, is USD billion, 2022-2026f Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2023e Number of New Shoppers, incl. "Online", by Country, in millions, 2030f Most Important Factors When Shopping Online, in % of Online Shoppers, 2023e Share of Respondents Who Have Purchased a Product Via Social Media Site, in %, 2023e Share of Social Media Shoppers Who Purchased Directly On the Social Media Site, in %, 2023e Share of Social Media Shoppers Who Purchased Via Social Media Through a Link Leading to Brand's Website, in %, 2023e Breakdown of Top B2C E-Commerce Sites, by Type, in % of Online Shoppers, 2023e B2C E-Commerce Player Overview, March 2024 Top B2C E-Commerce Websites in Selected Countries, by Visits in millions, Bounce Rate in %, Pages Per Visit, and Average Visit Duration, February 2024
4.2. Brazil
B2C E-Commerce Market Size, in USD billion, 2023e & 2026f Share of Adults Who Made Online Purchases, in %, 2023e Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2022 Breakdown of B2C E-Commerce Sales, by Payment Method, in %, 2023e & 2026f Breakdown of Most Recent Cross-Border Purchase Origin, by Country, in % of Online Shoppers, 2022
4.3. Mexico
B2C E-Commerce Market Size, in USD billion, 2023e & 2026f Share of Adults Who Made Online Purchases, in %, 2023e Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2022 Breakdown of Most Recent Cross-Border Purchase Origin, by Country, in % of Online Shoppers, 2022
4.4. Colombia
B2C E-Commerce Market Size, in USD billion, 2023e & 2026f Share of Adults Who Made Online Purchases, in %, 2023 Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2022
4.5. Peru
B2C E-Commerce Market Size, in USD billion, 2023e & 2026f Share of Adults Who Made Online Purchases, in %, 2023e Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2022
4.6. Chile
B2C E-Commerce Market Size, in USD billion, 2023e & 2026f Share of Adults Who Made Online Purchases, in %, 2023e Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2022 Breakdown of Most Recent Cross-Border Purchase Origin, by Country, in % of Online Shoppers, 2022
4.7. Argentina
B2C E-Commerce Market Size, in USD billion, 2023e & 2026f Share of Adults Who Made Online Purchases, in %, 2023e Breakdown of B2C E-Commerce Sales, by Payment Methods, in %, 2022 Breakdown of Most Recent Cross-Border Purchase Origin, by Country, in % of Online Shoppers, 2022
For more information about this report visit
About ResearchAndMarkets
ResearchAndMarkets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo:
SOURCE Research and Markets
MENAFN22032024003732001241ID1108012120
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.