How big is the APAC E-commerce Market?

The APAC E-commerce Market size is expected to reach USD 4.20 trillion in 2024 and grow at a CAGR of 10% to reach USD 6.76 trillion by 2029. Read More

What is the current APAC E-commerce Market size?

In 2024, the APAC E-commerce Market size is expected to reach USD 4.20 trillion. Read More

Who are the key players in APAC E-commerce Market?

Amazon.com Inc., Alibaba Group Holding Limited, Rakuten Group, Inc., Apple Inc. and JD.com, Inc. are the major companies operating in the APAC E-commerce Market. Read More

What years does this APAC E-commerce Market cover, and what was the market size in 2023?

In 2023, the APAC E-commerce Market size was estimated at USD 3.78 trillion. The report covers the APAC E-commerce Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the APAC E-commerce Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major challenges facing the Asia-Pacific E-Commerce Market?

Major challenges faced by the APAC E Commerce Market include a) Logistical hurdles b) Varying regulations across countries c) Digital security concerns d) Intense competition among both local and international players Read More

APAC E-commerce Market Analysis | Industry Growth, Size & Forecast Report

APAC E-commerce Industry Overview

The level of rivalry in the industry is high, owing to the large number of players operating in the market, and the growing popularity and adoption of e-commerce are attracting newer players to the market, thus increasing the competitive rivalry in the Asia-Pacific e-commerce market.

In May 2023, JD.com, Inc. announced "One-Stop Shopping for Home Products and Appliances." It includes consistently putting customers first and upgrading services; retail-driven, healthy, and sustainable development; upgrading product offerings; making structural breakthroughs; developing omnichannel and establishing an industry ecosystem; enhancing cost and efficiency; and achieving win-win outcomes with partners.

In April 2023, Amazon established the Anti-Counterfeiting Exchange (ACX), an industry partnership to improve online shopping security and make it more challenging for counterfeiters to move between different sites to sell their fake goods. Participating retailers can exchange data with ACX regarding proven counterfeiters who have tried to use their services to try to sell fake goods. Participants in the ACX can detect and end offenders more rapidly than they could without this cooperative data sharing by exchanging information about these counterfeiters. An impartial third party offers participants anonymous access to share and receive information in compliance with industry standards and best practices.