Outlook into the Global Cross-Border B2C E-Commerce Market to 2023 - Leading Players Include Amazon, AliExpress, eBay and Wish - ResearchAndMarkets.com
With more than one in two global online shoppers making purchases on foreign websites, cross-border B2C E-Commerce continues to gain traction. As the report reveals, cross-border online shopper penetration is the highest in countries such as Australia, China, Canada, and Mexico. Amazon, AliExpress, eBay and Wish emerged as the cross-border market leaders, occupying top positions in international E-Commerce website rankings across countries and regions. The main drivers of the online shopping trend from the consumer's perspective are lower prices and better product availability, according to surveys cited by the analyst. Furthermore, as the logistics capabilities of E-Commerce companies and delivery providers improve, consumers will be able to receive their international online purchases faster, helping to mitigate some of the top barriers to cross-border shopping in 2019: long and costly delivery.