Oct 2, 2018   SOURCE: PR NewsWire

Asia-Pacific Cross-Border B2C E-Commerce Market 2018-2022

DUBLIN, Oct. 2, 2018 /PRNewswire/ --

The "Asia-Pacific Cross-Border B2C E-Commerce 2018" report has been added to ResearchAndMarkets.com's offering.

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More than 50% of online shoppers in Asia made cross-border purchases, according to a recent survey. The top two markets by cross-border digital buyer penetration in this region are Hong Kong and Singapore. The tendency to buy from foreign online sellers also prevails in Australia and New Zealand, where a double-digit share of digital spending is cross-border. Japan is a laggard in the cross-border online shopping trend, with over nine in ten digital consumers buying online only domestically.

The top three destinations of cross-border online shoppers in Asia-Pacific are China, the USA and Japan. In their turn, Chinese online shoppers give preference to cross-border shopping platforms hosted by local providers, such as Tmall Global, Kaola and JD Global. The report also reveals that clothes and accessories was the most demanded product category in Asia-Pacific's cross-border E-Commerce. In South Korea, this sector accounted for more than one-third of E-Commerce purchases from foreign sellers.

A distinguishing characteristic of cross-border online shoppers in Asia-Pacific is the high level of mobile usage. Digital buyers in China and India were more likely to place orders on foreign websites through smartphones and tablets than through a desktop computer, according to a 2018 survey cited in the report.

Companies Mentioned 

    --  Alibaba Group Holding Ltd
    --  Amazon.com Inc
    --  JD.com Inc
    --  Lotte Co. Ltd
    --  NetEase Inc
    --  Vipshop Holdings Ltd.
    --  eBay.com Inc.

For more information about this report visit https://www.researchandmarkets.com/research/4g3qb6/asiapacific?w=5

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SOURCE Research and Markets