E-Tailing Market Analysis, Segments, Growth and Value Chain 2014-2020 E-Tailing Market Dynamics, Forecast, Analysis and | Page 4
Report
Description
Report Description
Key Drivers & Restraints Impacting the Global E-tailing Market
The fundamental factors driving the demand for e-tailing trade and business transactions
include independent access to online trade portals, open platforms for seller or buyers,
and ever-inflating costs of products available in brick-and-mortar retail shops. Favourable
government regulations, rise in regional GDPs, and per capita expenditure are some
other factors supplementing the growth of the global market for e-tailing transactions.
Key restraints hampering the growth of global e-tailing market include lack of immediate
product possession, traditional consumer preferences buying directly from retail outfits
and lack of internet usage. Security concerns and growing consumer scepticism towards
product quality have been longstanding challenges in the global e-tailing market, and key
players have been working on addressing these issues. E-tailing companies and
manufacturers are also addressing other resolvable challenges such as delay in product
deliveries due to inefficient collaboration with local warehousing, packaging, and
transportation mechanism.
North America Remains Key to Growth of the Global E-tailing Market
Based on the major geographical regions, the global e-tailing market can be segmented
into North America, Latin America, Western Europe, Asia-Pacific, Japan, Eastern Europe
and the Middle East & Africa. North America is the largest contributor to this market
followed by Europe and Asia-Pacific. In APAC, China and India remain key markets, owing
to the presence of a strong middle class.