The global ecommerce & other non-store retailers market size is expected to grow from $3.13 trillion in 2021 to $3.59 trillion in 2022 at a compound annual growth rate (CAGR) of 14.9%. The global ecommerce and other non-store retailers market share is expected to grow to $5.99 trillion in 2026 at a CAGR of 13.7%.
What is the Global Ecommerce & Other Non-Store Retailers Market?
The e-commerce and other non-store retailers’ market consists of sales of goods and services by entities (organizations, sole traders, and partnerships) that are engaged in selling nonfood items by e-commerce and other non-store retailers. The establishments in this market retail goods by delivery after making sales over the internet and by mail-order or door-to-door solicitation and in-home demonstration, from vending machines and through portable stalls. Entities such as home heating oil dealers and newspaper delivery service providers that sell their products non-store are included in this subsector, as are street vendors (except food).
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What drives the Global Ecommerce & Other Non-Store Retailers Market?
Retail companies are increasingly working towards providing customers with a seamless shopping experience, thus are working towards integrating their brick and mortar store with online shopping. Omnichannel retailing integrate the different methods of shopping available to consumers such as phone, online, or in a physical shop. Retailers adopting this strategy offers customers numerous ways to purchase their products, through both online and offline channels. Thus, it is more flexible and convenient for consumers to purchase goods or services, and helps to boost sales. For example, Oasis, a UK-based fashion retailer, cumulates its e-commerce site, mobile app, and brick-and-mortar stores to provide an easier and better shopping experience. Associates working in the Oasis are provided iPads to give shoppers on-the-spot information on product availability. If an item is not in stock, the staff uses their iPads to place an online order for the customer. A similar service is provided to online shoppers. If an item is unavailable online, customers can use the company’s service wherein the retailer searches its stores for the product and ships it to the shopper.
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Global Ecommerce & Other Non-Store Retailers Market Segments
The global ecommerce & other non-store retailers market is segmented:
By Type: E-Commerce, Vending Machine Operators, Direct Selling Establishments
By Product: Food, Clothing, Healthcare, Electronics, Others
By Payment Mode: Card Payments, Bank Transfers, Digital Wallets, Cash Payments, Others
By Geography: The regions covered in the ecommerce & other non-store retailers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global ecommerce & other non-store retailers market.
Ecommerce & Other Non-Store Retailers Global Market Report 2022provides market size and growth forecasts for the global ecommerce & other non-store retailers market, global ecommerce & other non-store retailers market share, ecommerce & other non-store retailers market segments and geographies, ecommerce & other non-store retailers market competitive landscape including leading competitors’ revenues, profiles and market shares. The ecommerce & other non-store retailers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Ecommerce & Other Non-Store Retailers Industry Playersinclude Amazon.com Inc, JD.com Inc, Alibaba Group Holding Limited, Walmart Inc., Suning.com Group, Vipshop Holdings Ltd, Wayfair Inc., Qurate Retail Inc., Otto GmbH & Co KG, and eBay Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
