USD 11.29 billion
Report ID: SQMIG25Z2007 | Region: Global | Published Date: February, 2023 | Pages: 262 | Tables: 63 | Figures: 67
Sustainable E-Commerce Market size was valued at USD 11.29 billion in 2021 and is poised to grow from USD 13.06 billion in 2022 to USD 40.75 billion by 2030, at a CAGR of 15.38% during the forecast period (2023-2030)
Sustainable E-Commerce is becoming popular since it helps to Improve public perceptions and increase brand loyalty,Ensures effective storage and lower storage cost, reduces shipping cost,Eco friendly, allows versatile and innovative packaging,Beneficial to customers,increases sales.
As more products become more accessible through ecommerce, The unprecedented rise in the negative impact on the environment is seen.In order to reduce this negative impact accessible through ecommerce, sustainable packaging is being used all across the industry.Sustainability enable ecommerce business model and compasses 360 degree perspective from product design and development, material sourcing, manufacturing, labor environment, supply chain operation, active engagement in public stances about the environment.
The brand loyalty can be increased through sustainable e-commerce by incentivising consumers to reuse the packaging, which can help not only introduce packaging costs in the long run, but serves as a free branding.
US Sustainable E-Commerce Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 11.29 billion
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Global Sustainable E-Commerce market is segmented on the basis of application, Product type,solution, and region. By application, the market is segmented into Electronics, Food & Beverages, Cosmetics, Fashion, Furniture and Others.By component, the market is segmented into solutions and services. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Component
By Component, the global market is divided into many segments such as solutions and services. Solution segment held the largest global Sustainable E-Commerce market share due to the wide range of benefits provided by Sustainable E-Commerce.The advent of globalization and innovative advancement has led to the continuous exploitation of the environment. Emerging technologies provide new opportunities for sustainable ecommerce business to establish sustainable development, considering social, economical and environmental factors.
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Globally, Europe is estimated to hold the highest global Sustainable E-Commerce market share. Main factors during this growth period are the presence of top market players,increasing demand and others.
Above all, Asia Pacific is expected to grow fastest during the forecast period. The reason for the same is increasing acquisition of Sustainable E-Commerce technology in the region of Asia Pacific and mainly in China and Japan. Penetration of mobile internet in Asia Pacific has doubled in the last few years. In addition, various operators are investing heavily in order to provide services at an affordable price to the consumers, which is likely to boost the demand for Sustainable E-Commerce in the region.
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Sustainable Packaging to Bolster Market Growth
Complicated Logistics to Hinder Market Growth
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Competition in the global Sustainable E-Commerce market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of services compatible with Sustainable E-Commerce will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years.
Top Player’s Company Profiles
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global Sustainable E-Commerce market analysis, the global market is estimated to have significant growth during the forecast period because of the benefits it helps to Improve public perceptions and increase brand loyalty, Ensures effective storage and lower storage cost, reduces shipping cost, Eco friendly, allows versatile and innovative packaging, Beneficial to customers, increases sales. Sustainable E-Commerce will enable services to be more convenient for their users. The market has so much potential for new players also because of the high expected rate of growth and demand.
|Market size value in 2021||USD 11.29 billion|
|Market size value in 2030||USD 13.06 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Sustainable E-Commerce Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Sustainable E-Commerce Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Sustainable E-Commerce Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Sustainable E-Commerce Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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