Asia Pacific’s Domination of the Global Online Retailing Market Set to Continue to 2017

Wednesday 4 September 2013, Amsterdam

The Asia Pacific region’s continued economic growth will see its flourishing Online Retail market continue the trend of rapid growth exhibited over the past five years, with consumer specialist new report – Global Online Retailing Market Size and Forecast to 2017 – predicting a CAGR of 25.49% between 2012 and 2017, by which time it will be worth US$ 378 billion.

Meanwhile, the Middle East and Africa’s Online Retail healthy market’s growth will slow, whilst Latin America’s will increase marginally. Concurrently, Europe’s recovery from the economic crisis will continue, reversing the trend of recent years and overtaking the North American market in terms of growth

The report is a result of an extensive research covering the retail industry in 50 countries around the world.

It offers:

•Detailed quantitative analysis of past and future retail trends segmented down to category and channel level, with both top-level overview and detailed category specific insights into the global retail industry environment.
•Retail sales data of products though Online Retailing.
•Category coverage that includes 25 products across eight product groups: Apparel, Accessories and Luxury Goods, Books, News and Stationary, Electricals and Electronics, Food and Grocery, Furniture and Floor Coverings, Home and Garden Products, Music, Video and Entertainment Software, and Sports and Leisure Equipment.

This will facilitate:

•Properly informed strategic planning.
•Awareness and understanding of those products that will be the major winners and losers in the coming years.
•Accurate assessment of the economic recession and recovery on market growth.

Key Findings:

•The UK, France, Germany, Russia and Italy accounted for more than half of European retail sales through the channel in 2012; however, their combined share is expected to decline by 2017.
•Japan and China together accounted for over 75% of total Asia-Pacific retail sales through the channel in 2012.