[Statista] China's E-Commerce Growth Trails the Rest of the World

 

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E-COMMERCE

China's E-Commerce Growth Trails the Rest of the World

by Katharina Buchholz, Apr 22, 2022

 

China is by far the biggest e-commerce market in the world as seen in figures from the Statista Digital Market Outlook. This year, e-commerce sales in the country are standing at $1.4 trillion. But the years of meteoric growth of the market are projected to be over. Until 2025, the Chinese e-commerce market is only expected to grow by 15 percent while remaining the largest in the world.

Revenues generated in China make up the majority of the Asian market. Yet, other markets on the continent and in the developing world in general are now growing much faster. Markets that are not China, the U.S. or Europe are expected to grow by 52 percent over the next three years

In Europe and the U.S., e-commerce is expected to grow by 47 percent to 50 percent over the given time frame, below the average for the rest of the world.

 

DESCRIPTION This chart shows e-commerce sales by country/world region in 2022 and 2025 (projected) as well as the percent increase in sales.

 

Key Points

- 중국은 세계에서 가장 큰 전자사거래 시장이나, 세계최대 규모를 유지하면서 성장세가 완화될 전망

- 개발도상국의 다른 시장은 이보다 더 빠르게 성장할 것으로 전망

 

References: Statistsa

https://www.statista.com/chart/22729/e-commerce-sales-growth-by-regionz

Infographic: China's E-Commerce Growth Trails the Rest of the World