Global E-Commerce sales through all channels are growing at a rapid pace and reached more than $7 trillion by this year.
According to Statista – USA is leading the race previously, but now it is China than UK followed by Japan, and India, which recently bypassed Germany.
Today, Billions of people like to shop through E-Commerce channels, and basically prefer their country, local vendors and so on.
India comes in the first place in the fastest-growing E-Commerce market and where people prefer quality as well as quantity of the products.
Amazon and Walmart-owned Flipkart are the major E-Commerce channels operating in India, other than Meesho, AJIO, Snapdeal, Paytm Mall, Nykaa, and many others.
But it doesn’t mean that cross-border B2C is falling down; it is rising day by day with an estimated 4% growth rate that is valued at $412 billion.
Note: The above research is based on different forecast opinions and shows you the estimated scenario of both B2B and B2C sales, whether it is of retail or online Global E-commerce.
Useful resources