{"product_id":"global-cross-border-b2c-e-commerce-2021","title":"Global Cross-Border B2C E-Commerce 2021","description":"\u003cp\u003eGlobal Cross-Border B2C E-Commerce 2021\u003c\/p\u003e\n\n\n\n\u003cp\u003eAmid the pandemic, online consumers prioritized more affordable prices and the variety of goods in cross-border shopping, says the new yStats.com publication.\u003c\/p\u003e\n\n\n\n\u003cp\u003eA new publication from Germany-based research company yStats.com, titled “Global Cross-Border B2C E-Commerce 2021” summarizes the key trends and projections of Cross-Border B2C E-Commerce market during the COVID-19 pandemic in 2020. The publication discloses that in 2020 the majority of online consumers preferred international online shopping over the local due to a greater variety of products and reasonable prices.\u003c\/p\u003e\n\n\n\n\u003cp\u003eCross-border B2C E-Commerce market value was projected to grow stedily by 2026\u003c\/p\u003e\n\n\u003cp\u003eDespite the projected decrease in global cross-border payments from 2019 to 2020 by 8%, after the COVID-19 onset, the overall cross-border B2C E-Commerce market value was forecasted to surge by 30% from 2019 to 2026. Furthermore, in Europe, along with the increase of the value of cross-border B2C E-Commerce, the growth rate was predicted to surge as well by 2022.\u003c\/p\u003e \n\n\n\n\u003cp\u003eAmid the pandemic in 2020, the most popular segment to shop was “fashion”\u003c\/p\u003e\n\n\u003cp\u003eIn 2020, the most common product category in cross-border online shopping was “fashion”. Particularly, in South Korea this was the most popular type to purchase from abroad, along with “beverage \u0026amp; food” based on the value in 2020. Although in Australia, the same product category was ranked as the mostly purchased, “games \u0026amp; toys” segment was the top shopped in as well. Other than these categories, “cars \u0026amp; motorcycles”, “music”, vehicles and video related goods were also among the most common in other countries in 2020.\u003c\/p\u003e\n\n\n\n\u003cp\u003eDomestic online sales dominated over cross-border in several countries of Europe, except for Italy in 2020\u003c\/p\u003e\n\n\u003cp\u003eCross-border B2C E-Commerce adoption spread differently in the countries all over the world. In some nations, domestic online sales\/purchases prevailed the international ones in 2020. In Germany, the majority of online sales were done nationwide, while only about 30% were performed outside the country in the first quarter of 2020. The same pattern was seen in Russia, Poland, Turkey and Latin America, with the nationwide B2C E-Commerce market outweighing the international market the same year. Yet, in Italy, the majority of online sales were performed across the borders, outweighing the domestic digital in 2020.\u003c\/p\u003e \n\n\n\n\u003cp\u003eAmazon.com, eBay and AliExpress were the popular online retail platforms in 2020\u003c\/p\u003e\n\n\u003cp\u003eDue to the acceleration of cross-border B2C E-Commerce, more consumers turned to international digital retail platforms for shopping. The three most commonly used worldwide were Amazon.com, Alibaba\/AliExpress and eBay in 2020 based on the preferences of surveyed consumers. Moreover, Amazon and eBay were chosen by most experts within E-Commerce industry to sell on in 2020. Other than that, based on the number of monthly visits over the last 6 months in 2020, the most popular digital commerce platform was Amazon.\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"March, 2021 \/ 153 Pages \/ MCW16283959","offer_id":47712886096178,"sku":null,"price":4218.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-cross-border-b2c-e-commerce-2021","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}