The "Brazil Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Chann...
DUBLIN: The "Brazil Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.
The E-commerce market in Brazil is expected to grow by 10.10% on annual basis to reach US$62.6 billion in 2024. Medium to long term growth story of E-commerce industry in Brazil promises to be attractive. The E-commerce is expected to grow steadily over the forecast period, recording a CAGR of 8.75% during 2024-2028. The E-commerce Gross Merchandise Value in the country will increase from US$56.9 billion in 2023 to reach US$87.6 billion by 2028.
This report provides a detailed data centric analysis of E-commerce market dynamics, covering over 100 KPIs in Brazil. It details market opportunity across key B2C verticals - Retail Shopping, Travel & Hospitality, Online Food Service, Media and Entertainment, Healthcare and Wellness, and Technology Products and Services. It provides market share by key players across key verticals along with sales channels (Platform to Consumer, Direct to Consumer, Consumer to Consumer). In addition, it provides spending pattern by payment instruments along with a snapshot of consumer behaviour in Brazil.
The growing competitive landscape is also driving the trend of mergers and acquisitions in the sector, as firms seek to improve their product while strengthening their position in the market. Furthermore, e-commerce firms are also raising capital rounds to expand in the Brazilian market. Overall, the publisher maintains a positive growth outlook for the B2C e-commerce industry in Brazil over the next three to four years.
Firms are entering into acquisition deals to grow their presence in the Brazilian e-commerce market
The e-commerce industry is poised for strong growth over the next three to four years in Brazil. Consequently, firms are entering into acquisition deals to grow their presence in the market.
These collaborations are expected to further strengthen the position of Nuvemshop and Shopee in the Brazilian market over the medium term. As the competitive landscape continues to grow, the publisher expects more such acquisition deals to take place in the Brazilian e-commerce industry.
Chinese e-commerce giants are eyeing global expansion, including key Latin American markets
Brazil, alongside other Latin American markets, is offering strong growth opportunities in the e-commerce sector. To tap into the regional market, Chinese firms have announced significant investments in the region, including in Brazil.
From the short to medium-term perspective, the publisher expects more global firms, including Chinese giants like Temu and TikTok to increase their investment in the Brazilian e-commerce market. This will drive the competitive landscape, while also supporting the sector growth over the medium term.
E-commerce startups are raising capital to finance regional expansion, including in Brazil, in 2024
To drive market penetration and tap into the growing market size, e-commerce startups are seeking venture capital and private equity funding. This trend is projected to gain further momentum in 2024.
Key Attributes:
Report Attribute | Details |
No. of Pages | 110 |
Forecast Period | 2024 - 2028 |
Estimated Market Value (USD) in 2024 | $62.62 Billion |
Forecasted Market Value (USD) by 2028 | $87.6 Billion |
Compound Annual Growth Rate | 8.7% |
Regions Covered | Brazil |
Scope
Brazil Ecommerce Market Size and Future Growth Dynamics
Brazil User Statistics and Ratios of Key Performance Indicators
Brazil Ecommerce Market Share by Key Players
Brazil Ecommerce Market Size and Forecast by Ecommerce Segments (Gross Merchandise Value Trend Analysis
Brazil Ecommerce Market Size and Forecast by Retail Shopping Sales Channel
Brazil Ecommerce Market Share by Travel and Hospitality Sales Channel
Brazil Ecommerce Market Size and Forecast by Online Food Service Sales Channel
Brazil Ecommerce Market Size and Forecast by Engagement Model (Gross Merchandise Value Trend Analysis, 2019-2028)
Brazil Ecommerce Market Size and Forecast by Location (Gross Merchandise Value Trend Analysis
Brazil Ecommerce Market Size and Forecast by Device (Gross Merchandise Value Trend Analysis
Brazil Ecommerce Market Size and Forecast by Operating System
Brazil Ecommerce Market Size and Forecast by City
Brazil Ecommerce Market Size and Forecast by Payment Instrument (Gross Merchandise Value Trend Analysis, 2019-2028)
Brazil Ecommerce Consumer Demographics
For more information about this report visit https://www.researchandmarkets.com/r/x6yafc
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Fonte: Business Wire
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