Top Companies in Cross-Border B2C E-Commerce Market | Strategies, In-depth analysis, Statistics, by VMR
Cross-Border B2C E-Commerce Market to Reach Valuation of USD 3,042.2 Million by 2028 - The growth of online stores and e-commerce purchasing is Driving the Market Growth.
Upcoming Trends in Cross-Border B2C E-Commerce Market
Cross-Border B2C E-Commerce Market is valued at USD 793.7 Million in 2021 and is projected to reach a value of USD 3,042.2 Million by 2028 at a CAGR of 25.1% over the forecast period. Trade liberalization has raised the export volume of products and services and made it reach newer and farther markets, for example, the establishment of the China Free Trade Area and the European Free Trade Agreement. Globalization has accelerated the variety and volume of cross-border transactions in products and services via widespread and rapid diffusion of technology. This is the primary factor driving the cross-border B2C e-commerce market globally.
Advanced e-commerce technologies deduct administration expenditures and marketing costs, thereby enabling organizations to reach dispersed markets. The fast-paced internet technologies have tremendously boosted the online shopping customer base and expanded the international business market. Therefore, the rising demand for cross-border online shopping and various policies are majorly contributing to the cross-border B2C e-commerce market globally.
Some of the key players operating in cross-border B2C E-Commerce market are listed below:
Company Name |
Revenue in USD |
Vipshop |
$18 Billion |
AirBridgeCargo Airlines |
$424 Million |
AliExpress.com |
$61 Million |
Amazon.com |
$458 Billion |
ASOS |
$5 Billion |
BigCommerce |
$198 Million |
eBay |
$11 Billion |
Eunimart Multichannel |
$19 Million |
Jagged Peak |
$11 Billion |
Pitney Bowes |
$3 Billion |
Vipshop is a Chinese company that operates the e-commerce website VIP.com specializing in online discount sales. Vipshop is based out of Guangzhou, Guangdong, China, and was listed on New York Stock Exchange on March 23, 2012.
AirBridgeCargo Airlines, LLC, part of Volga-Dnepr Group, is the largest Russian cargo airline. It operates scheduled cargo services on routes between Russia, Asia, Europe, and North America, covering more than 30 destinations worldwide.
AliExpress is an online retail service based in China and owned by the Alibaba Group. Launched in 2010, it is made up of small businesses in China and other locations, such as Singapore, that offer products to international online buyers.
Amazon.com, Inc. is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands.
ASOS plc is a British online fashion and cosmetic retailer. The company was founded in 2000 in London, primarily aimed at young adults. The website sells over 850 brands as well as its own range of clothing and accessories, and ships to all 196 countries from fulfillment centers in the UK, USA, and Europe.
BigCommerce is a NASDAQ-listed eCommerce platform that provides software as a service to retailers. The company’s platform includes online store creation, search engine optimization, hosting, and marketing and security for small to Enterprise sized businesses. In 2019 the company generated revenue of USD 11.9 billion.
eBay Inc. is an American multinational e-commerce corporation based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a notable success story of the dot-com bubble. eBay is listed in the stock market as eBay (NASDAQ).
Eunimart Multichannel Private Limited is an Indian Non-Government Company. It's a private company and is classified as a company limited by shares. The company's authorized capital stands at Rs 1.0 lakhs and has 100.0% paid-up capital which is Rs. 1.0 lakhs. Eunimart Multichannel Private Limited is majorly in the Business Services business and currently, company operations are active. The company is registered in Hyderabad (Telangana) Registrar Office.
Jagged Peak, Inc. is a leading e-commerce solutions provider with software and services that enhance the scalability, flexibility, and profitability of single-channel, multichannel and omnichannel online businesses. Its cornerstone technology is EDGE---an enterprise-class commerce platform that includes a full-featured e-commerce Platform (ECP) and robust Order Management System (OMS) as well as a Warehouse Management System (WMS) and Transportation Management System (TMS). These platform elements can be deployed alone or together through a license or SaaS delivery model to form an end-to-end, Cloud-based software suite that integrates the entire order life cycle with visibility across business units, distribution channels, and trading partners, all while enabling the client to have complete control of its online brand. Combining its technology with a comprehensive array of eMarketing, customer support, and IT professional services along with “anytime, anywhere” order fulfillment through its FlexNet warehouse network, Jagged Peak offers a rare and uniquely holistic approach to e-commerce.
Pitney Bowes Inc. is an American technology company most known for its postage meters and other mailing equipment and services, and with expansions into e-commerce, software, and other technologies. The company is listed as PBI (NYSE) and has 11,000 employees working.
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