China Business To Business E-commerce Market Size & Outlook
China business to business e-commerce market, 2018-2030 (US$B)
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China business to business e-commerce market highlights
- The China business to business e-commerce market generated a revenue of USD 2,445.7 billion in 2023 and is expected to reach USD 10,404.7 billion by 2030.
- The China market is expected to grow at a CAGR of 23% from 2024 to 2030.
- In terms of segment, intermediary-oriented was the largest revenue generating deployment in 2023.
- Intermediary-oriented is the most lucrative deployment segment registering the fastest growth during the forecast period.
Business to business e-commerce market data book summary
| Market revenue in 2023 | USD 2,445.7 billion |
| Market revenue in 2030 | USD 10,404.7 billion |
| Growth rate | 23% (CAGR from 2023 to 2030) |
| Largest segment | Intermediary-oriented |
| Fastest growing segment | Intermediary-oriented |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Buyer-oriented, Supplier-oriented, Intermediary-oriented |
| Key market players worldwide | Amazon.com Inc, Alibaba Group Holding Ltd ADR, ASOS PLC, Costco Wholesale Corp, EBay Inc, Walmart Inc, JD.com Inc ADR, MercadoLibre Inc, Shopify Inc Registered Shs -A- Subord Vtg, Sea Ltd ADR, Wayfair Inc Class A, Zalando SE, DangDang.com |
Other key industry trends
- In terms of revenue, China accounted for 26.6% of the global business to business e-commerce market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China business to business e-commerce market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,404.7 billion by 2030.
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Business To Business E-Commerce Market Scope
Business To Business E-Commerce Market Companies
| Name | Profile | # Employees | HQ | Website |
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China business to business e-commerce market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to business to business e-commerce market will help companies and investors design strategic landscapes.
Intermediary-oriented was the largest segment with a revenue share of 60.06% in 2023. Horizon Databook has segmented the China business to business e-commerce market based on buyer-oriented, supplier-oriented, intermediary-oriented covering the revenue growth of each sub-segment from 2018 to 2030.
China has a variety of e-commerce platforms, such as Alibaba.com and JD Business, which focus on B2B transactions. These platforms have been substantially investing in technology and infrastructure to improve the user experience, extend product offerings, and attract new customers.
Mobile devices are increasingly being utilized for B2B e-commerce transactions in China as more firms attempt to perform transactions. In China, digital payment systems such as Alipay and WeChat Pay are widely used, making it easier for enterprises to conduct business-to-business transactions online.
These payment systems have also made payment processing safer and efficient, eliminating the threats associated with traditional payment methods such as cash and cheques. WeChat and Weibo are rapidly gaining popularity as a source for B2B e-commerce transactions, allowing firms to communicate directly with customers and suppliers.
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Target buyers of China business to business e-commerce market databook
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Our clientele includes a mix of business to business e-commerce market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China business to business e-commerce market , including forecasts for subscribers. This country databook contains high-level insights into China business to business e-commerce market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China business to business e commerce market size, by deployment, 2018-2030 (US$B)
China Business To Business E-Commerce Market Outlook Share, 2023 & 2030 (US$B)
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