thailand e commerce statistics 2021

Chinese consumers are back. วิเคราะห์เทรนด์สถานการณ์ E-Commerce Thai ในปี 2020 เมื่อเทียบกับเพื่อนบ้านทั่ว ASEAN และจากทั่วโลก เรากำลังจะโตไปทางไหน เรากำลังโตในด้านไหนเป็นพิเศษบ้าง Thailand-based Flash Group, which provides e-commerce logistics services including Flash Express, raises $150M in new funding to become Thailand's first unicorn More: KrASIA and DealStreetAsia Tweets: @jonrussell , @jonrussell , and @jonrussell Before the pandemic hit, Thai retailers generally did a good job adjusting themselves to the digital age. 36 Thai smartphone users are keen e-shoppers, with 71 percent shopping online at least twice a month. E-commerce in Middle East – Statistics and Trends [Infographic] E-commerce in the middle east is experiencing a fast growth rate. These trends resulted in spikes in online shopping businesses, especially in business-to-consumer (B2C) sales and business-to-business (B2B) e-commerce. The user base comprises mostly the young: 76 percent of 15 to 19-year-olds, 52 percent of 20 to 29-year-olds, and 34 percent of 30 to 39-year-olds. … Top 10 e-commerce websites in Thailand. Yes. 2021) June (Statistics as of Apr. To highlight the growing popularity of mobile commerce, here’s a look at consumers’ online shopping habits. Thailand leading Asia’s shift to e-commerce with 58% rise. 2021) September (Statistics as of Jul. According to market reports, over 50 percent of Thai online shoppers purchase products through social networks. Rural internet expansion to fuel Thailand’s e-commerce growth. E-commerce market value Thailand 2015-2025 Published by Statista Research Department, Jan 11, 2021 In 2018, the e-commerce market value in Thailand amounted to around three billion U.S. dollars. May 25, 2021 < 1 mins read. March 2021. Looking ahead, business to consumer e-commerce growth is expected to level out to a compound annual growth rate of 12.5 percent to 2021. Many retailers create… 37 Some 90 percent of smartphone users plan to shop online in the future. (Statista) It’s difficult … E-commerce apps with JD.com investment like Tiki in Vietnam, JD Central in Thailand, and JD.ID in Indonesia also gained high monthly active users during Q2 period. 147 pages. China will continue to lead the world in digital buyers in 2021 with 792.5 million (33.3% of the global total); it will produce $2.779 trillion in ecommerce sales (56.8% of the global total); and it will become the first country in history to transact more than half of its retail sales digitally (52.1% of retail will be ecommerce). Gulf states have an estimation of about quadruple of their e-commerce profit from 2015 to 2020. Euromonitor International is the leading provider of strategic market research reports. Feb 10, 2021 | Richard Asquith Thailand has confirmed the implementation of 7% VAT on non-resident providers of digital or electronic services from 1 September 2021. That comprises business-to-business transactions totalling Bt1.38 trillion (54.74 per cent), business-to-consumer transactions worth Bt729 billion (28.89 per cent) and business-to-government transactions valued at Bt413 billion (16.37 per cent). There are 39.8 million eCommerce users in Thailand 1 as of 2019. กด Like @Thai e-Commerce Association เพื่อติดตาม. Statista reports that “in 2021, 53.9 percent of all retail e-commerce is expected to be generated via m-commerce.” This can be credited to the ease with which consumers can download applications that facilitate purchasing goods from e-commerce stores from anywhere. As the e-commerce market is growing in the country, the demand for last mile and express delivery is increasing. But NielsenIQ observed soaring growth in 2020 for the food category. Cross-border spending makes up half (50 percent) of Thailand’s total e-commerce spend, 26 suggesting a strong appetite for international goods and brands, but also a lack of local options. Ecommerce in Thailand. Online retail in the country is forecasted to reach $5.31 billion in 2021, an increase 1.8 times from a projected market volume of $2.95 billion in 2017. Most e-commerce apps backed by Alibaba are ranked at top 5 list highest monthly active users. From January to December 2020, it reports that the food category grew by 74 per cent versus 60 per cent growth shown by non-food. They had a record of about $5 billion in profit in 2015 and $20 billion in 2020. This statistic shows the e-commerce market value in Thailand from 2014 to 2015, with a forecast from 2016 to 2020. In 2020, the e-commerce market value in Thailand is expected to be worth 3.42 billion U.S. dollars. You need a Single Account for unlimited access. You have no right to use this feature. Thailand B2C E-Commerce Market Report 2018-2021 - Social Commerce and Mobile Connection Trends Propel B2C E-Commerce - ResearchAndMarkets.com April 10, 2018 01:37 PM Eastern Daylight Time E-commerce was the star performer of 2020, seeing triple-digit growth. The National Bureau of Statistics (NBS) said that first quarter retail sales were up 29.6%, which is even stronger than the economy as a whole. The term eCommerce includes all purchases of products and services that take place online. How big is the US social commerce market, and how does it compare with China? Fair business practices and the three “paths” to … As more and more businesses switch to digital platforms, online sales keep growing steadily every year.The eCommerce market is expected to generate over $4.5 trillion in 2021, and those numbers will continue to increase in the future. Due to the COVID-19 pandemic, the enforcement of social distancing, lockdowns, and other measures led consumers to ramp up online shopping, social media use, internet telephony for teleconferencing, and streaming of videos and films. It may have taken you weeksof Facebook advertisingand retargetingto entice these people to your website. Statistics of online shopping in India indicate a growth of $1.2 trillion in 2021. E-commerce is the star performer, thanks to myriad COVID-19 factors enhancing channel popularity and development. The value of Thai e-commerce grew 14% in 2018, reaching some 3.2 trillion baht, and growth is expected to hit 20% this year, says the Electronic Transactions Development Agency (ETDA). To learn more, read: How t… E-Commerce… Market Overview The Thai freight and logistics market was valued at USD 61.87 billion in 2020, and it is expected to reach around USD 100 billion by 2026, registering a growth rate of 6% during 2021-2026. Learn how cloud technology can optimise your organisational efficiency, lower costs, accelerate innovation and address long-term strategies for business resiliency. With the rise of e-commerce, the share of consumer deliveries is increasing in the formerly business-oriented parcel delivery market. JD-backed Thai fashion e-commerce startup Pomelo plans to boost revenue by offering its own technology in analytics and demand forecasting to other fashion brands in the region, its CEO David Jou says, amid slowing offline sales. E-Commerce Is At An Inflection Point The Key Takeaway: Optimize your checkout process to reduce as many of those abandoned carts as possible. 38 Apps are the most-used method to shop online, closing … The COVID-19 pandemic had a major impact on the Thai retailing market, with almost all channels seeing sales fall in 2020, particularly in the second quarter of the year during which the government imposed ... Thailand. China is the world’s largest social commerce market, with $351.65 billion in sales in 2021. The Indian e-commerce space is predicted to maintain its third spot at the largest e-commerce market in the world. Millennials, who make up 32 per cent of the country’s 68-million-strong population 3, are the most active cohort in Thai eCommerce. In the US alone, return deliveries were predicted to cost $550 billion in 2020. That’s 6.1 per cent more than last year. Purchase the E-Commerce in Thailand country report as part of our internet retailing market research for March 2021. This sucks. Online travel purchases account for half of that total value, with Thais spending US$4.14 billion on e … With numerous government-led initiatives to boost electronic payments, cash transactions in E-commerce … One of the major enablers of CEP and last mile in Thailand is the booming e-commerce industry. Thailand’s ecommerce market has long been projected by Google and Temasek to become the second biggest in Southeast Asia after Indonesia by 2025 capturing nearly 13% of the market. The recent report by Google and Temasek showed that e-commerce market in Thailand values US $0.9 billion, accounting for just 0.8 percent of total retail in 2015. Rise of M-CommerceTo start, let’s establish how popular mobile commerce has become and how it will continue to grow in the next few… US ecommerce sales are expected to grow 17.9% this year (higher than the 13.7% predicted in January 2021) to reach $933.30 billion. E-Commerce Automotive Aftermarket March 2021 $ 2200 Global E-Commerce Platforms Industry April 2021 $ 5450 Global B2C E-commerce Industry April 2021 $ 5450 Global E-commerce Logistics Industry April 2021 $ 4950 Global E-commerce Payment Industry ฿1-2bn Baht per day loss expected due to new restrictions – Commerce Chamber June 28, 2021; Apple Daily editorial writer arrested at Hong Kong’s airport June 28, 2021; Sandbox or quicksand? Retailing in Thailand. They even add a product to their shopping cart… only for two-thirds of them to click away. Forrester estimates that B2B e-Commerce will top $1.1 trillion and account for 12.1% of all B2B sales in the US by 2020. Ethics and Expansion “Paths” Are Near Universal. (Source: Builtwith stats) General eCommerce statistics. All the data, statistics, and trends you need to understand digital use in Thailand in 2021, including the latest reported figures for the number of internet users, social media users, and mobile connections, as well as key indicators for ecommerce use. 2021) July (Statistics as of May 2021) August (Statistics as of Jun. The Electronic Transactions Development Agency has forecast that the total e-commerce market in Thailand this year will be worth Bt2.52 trillion. In Thailand, many historic, general or specialized, brands and pure digital actors are already in place, but they all compete a strong leader. $ 2100. The mobile commerce market is expected to grow at a compound annual growth rate of 16.4 percent to 2021, by which point it will generate $25 billion in annual sales. AWS Summit Online ASEAN 2021. The liability to charge and collect VAT will apply to non-resident providers and marketplaces for the first time - resident providers are already liable. Following a strong Q1 fueled by government stimulus, we have increased our forecast for US retail ecommerce sales in 2021. Insights by iPrice Group . According to estimates, the growth of e-business in India is going to reach 1.2 trillion in 2021. It is projected to rocket 29 percent to reach US $11.1 billion by 2025. According… No doubt, e-commerce in Thailand has a large room for growth in the upcoming time. According to reports, Indian e-commerce and consumer internet companies in 2019 received a total of $4.3 billion from venture and equity capital players. In contrast, the entire e-commerce market in India was worth just above $3 billion in 2009. The Indian e-commerce industry made headlines back in 2017 when it reached $24 billion. Thailand, the second-largest economy in ASEAN after Indonesia, is an upper-middle-income country with an open economy. U.A.E. Retail. Statista reports that Thailand’s online consumer economy was worth roughly US$8.3 billion in 2018, up by US$1.6 billion – or 25 percent – compared to 2017. At LINE Thailand’s E-Commerce Team, we aim to create differentiated and impactful services that best solve our local user needs while leveraging and … Social commerce sales in the US will be about a tenth of that amount, at $36.62 billion, … Well-connected to technological infrastructures, Thailand’s population of almost 70 million is for a large majority already online and well-versed in the used of digital technologies, mobile, and e-commerce. Perhaps you spent ages choosing the right productsand optimizing your product pages to convince your visitors to decide to purchase from your store – and they want to! That pushes ecommerce’s share of total US retail sales to 15.3%, up from 14.0% last year. To maximize customer reach in the over-crowded online market, many e-commerce merchants set up Facebook and Instagram pages where they post images and details o… จับจ่ายพุ่ง จัดส่งเพิ่ม สรุปสถิติ E-Commerce ไทยปี 2020 และแนวโน้มปี 2021. 22 Several factors will influence the pace of e-commerce expansion. What Is the Fastest Growing Ecommerce Market in the World? March (Statistics as of Jan. 2021) April (Statistics as of Feb. 2021; May (Statistics as of Mar. In Thailand, e-commerce has been historically dominated by the non-food category. eCommerce user penetration stands at 57.4 percent 1 in 2019, and will likely reach 67 per cent by 2023. Thailand on edge as Phuket prepares to welcome back foreign tourists June 28, 2021 Middle East E-Commerce Reports: Our 2021 Middle East report include trends, statistics, opportunities, sales data, market share, segmentation projections on the E-Commerce …

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