GURUGRAM, India, July 22, 2022 /PRNewswire/ —
~60% of the total population in 2021 (162,541k) under the age bracket 15-54 years supplemented by the high per capita income (USD 4,349.5 in 2021) represents a huge potential market.
D2C Market in Indonesia is <1% of the Total E-commerce market but will have a huge growth rate owing to the large target Audience, Rising Online Shoppers, High Per capital Income, and Venture capitalist firms backing up the D2C Start-Ups In the country.
Indonesian customers are highly influenced by K-Pop Culture & Korean beauty Brands along with natural & Eco-friendly products, especially Millennials. For every two men, there are 5 women in Indonesia giving rise to Beauty USD 4.9 Bn GMV by 2024.
Change in Demographics: The young population is expected to rise in the coming year supplemented by the high per capita income leading to huge potential for growth of the D2C online retail market in Indonesia.
Rise in E-Commerce Industry: Indonesia’s D2C market is exhibiting a CAGR of ~85 % (2016-2021) with E-Commerce registering $53 Billion GMV in 2021. The number of online shoppers is increasing remarkably due to the rapid penetration of smartphone users (70% in 2020) in Indonesia. Consumers now prefer to buy from brand websites such as Fabelio, Saturdays, Trope, Nama, Greenly, etc.
Growth in Technology: Deeper internet and technology penetration in the country is leading to an increase in the Omni channel adoption of sales and supplies and is expected to shape the market competitive landscape of the Indonesia D2C market in the coming time zone and offer bountiful opportunities to the potential investors to seek a smooth business growth path in the impending period.
The report titled “Indonesia D2C Online Retail Market Outlook to 2026– Driven by high smart phone and Internet Penetration, changing Consumer lifestyle along with the inclination towards exploring New brands and Products” by Ken Research suggested that the Indonesia D2C market is further expected to grow in the near future owing to Change in demographics, Increase in consumer spending and Rise in the E-commerce industry. The growth in technology along with the surging young population would supplement the market growth. The market is expected to register a positive CAGR in terms of revenue during the forecast period 2021-2026F.
Key Segments Covered in Indonesia D2C Market: –
By End Users
By Delivery Period By Number of Orders
By Region by GMV
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Key Target Audience
E commerce Companies
Time Period Captured in the Report: –
Historical Period: 2016-2021
Forecast Period: 2021–2026
Key Topics Covered in the Report
Indonesia E commerce Market Introduction
Indonesia Retail Market Introduction
Indonesia D2C Online Retail Market Introduction
Indonesia D2C Online Retail Market Size, 2016-2021
Indonesia D2C Online Retail Market Segmentation, 2021
Growth Drivers for Indonesia D2C Online Retail Market
Landscape of E commerce, D2C Players, Vertical Players, Logistics Companies in Indonesia D2C Online Retail Market
Competition Scenario of Indonesia D2C Online Retail Market
Issues and Challenges in Indonesia D2C Online Retail Market
Customer Analysis in Indonesia D2C Online Retail Market
Snapshot of All Vertical Sectors in D2C Online Retail Market
Indonesia D2C Online Retail Market Future Outlook and Projections, 2021-2026F
Case Study of the Global Players in D2C market
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Related Reports by Ken Research: –
The report also focuses on the India Social E-Commerce Market Segmentation by Start-up (Meesho, GlowRoad, Shop 101, Mall 91, Bulbul, Simism, DealShare, Roposo, Trell and Others); By Category (Women Fashion, Men Fashion, Home & Kitchen, Beauty & Grooming, Electronics and Others); By Region (Northern, Southern, Eastern and Western); By Age of Users (Below 20 Years, 20-40 Years, 40-60 Years and Above 60 Years); By Gender (Female and Male); By Platform (Mobile Application, WhatsApp, Facebook, Instagram and Others) and By Ticket Size (Less than INR 500, INR 500-1000, INR 1000-5000 and More than INR 5000). India Social E-Commerce Market report concludes with projections for the future of the industry on the basis of revenue by 2027, industry speaks and analysts’ take on the future highlighting the major opportunities.
UK Online Retail Market Outlook to 2025 – By Product Categories (Apparel and Footwear, Food and Drink, Media Products, Consumer Electronics and Others), By Desktop and Mobile Mode, By Gender (Male and Female) and By Mode of Payment (Debit+Credit Card, Net Banking and Cash on Delivery)
UK online retail market grew at double digit growth rate in terms of GMV over the review period 2013-2018. The market growth was supported by the increase in total smartphone penetration, growth in online shoppers and rise in youth population. The availability of better deals and offers along with change in consumer behaviour towards in-store has significantly affected the growth in the market and has changed the digital landscape in the industry. The market is currently placed in the growth stage owing to the increasing penetration of online retail sales during 2019. As more retailers turn online for their shopping, more and more shops are leaving the high street (i.e. offline stores in UK). On the other hand, online retail players have become highly competitive on the basis of personalized experience and social engagement.
Taiwan E-Commerce Market Outlook to 2023 – Online Retail (By Product Categories, By Desktop and Mobile, By Gender); Online Travel (By Intermediary and Direct Online Sale and By Desktop and Mobile); Online Payment Gateway Market
Taiwan’s online retail market grew at the single-digit growth rate in terms of GMV over the review period 2013-2018. The market growth was supported by the increase in total smartphone penetration, growth in online shoppers and a rise in the urban population. The availability of better deals and offers along with a change in consumer behavior towards in-store has significantly affected the growth in the market and has changed the digital landscape in the industry. By Product Categories: Apparel and Footwear dominated the online retail market as they have the highest demand among both male and female populations while home care being largely saturated and highly competitive, accounted for the lowest revenue share.
The competition in Taiwan online retail market has increased over the years leading to the increasing number of online retail websites in Taiwan. Major companies include Momo shop, Fubon Group, Yahoo!, Sea Ltd., President Chain Store Corp., Apple, Mega Co. Ltd., Eastern Media International Corp., and several others are competing by providing the all device optimization, better deals, hyper-personalization through personal engagement and convenient, secure and fast payment modes. The online retail market in Taiwan is expected to witness a single-digit growth rate in the forecast period 2018-2023E. The market will increase at a declining rate as is expected to move gradually towards its maturity stage. Taiwanese population still prefers to shop offline owing to certain trust issues, issues related to cybersecurity, lesser regional presence of online retail companies and others.
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Ankur Gupta, Head Marketing & Communications
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SOURCE Ken Research