Oct 14, 2022   SOURCE: BusinessWire

2022 Brazil B2C Ecommerce Market Opportunities Databook Report - Featuring Casas Bahia, Magazine Luiza, Mercado Livre and 99Food Among Others - ResearchAndMarkets.com

The "Brazil B2C 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 - Q2 2022 Update" report has been added to ResearchAndMarkets.com's offering.

According to the Q2 2022 B2C Ecommerce Survey, the market in Brazil is expected to grow by 19.81% on annual basis to reach US$51.9 billion in 2022.

Companies Mentioned

  • Amazon Brazil
  • Americanas
  • Casas Bahia
  • Magazine Luiza
  • Mercado Livre
  • 99Food
  • iFood
  • James Delivery
  • Rappi
  • Uber Eats
  • AJ Mobilidade
  • CVC Brasil
  • Decolar Brasil
  • Flytour

The medium to the long-term growth story of the B2C Ecommerce industry in Brazil promises to be attractive . The B2C Ecommerce is expected to grow steadily over the forecast period, recording a CAGR of 16.30% during 2022-2026. The country's B2C Ecommerce Gross Merchandise Value will increase from US$43.3 billion in 2021 to reach US$95.0 billion by 2026.

Brazil is leading the regional e-commerce growth in Latin America. While the global pandemic outbreak has accelerated the adoption of e-commerce marketplaces, the increased smartphone and internet penetration rate also supports the industry growth in Brazil. This indicates that there is still room for extended growth in the Brazilian B2C e-commerce industry. Another factor that has assisted the B2C e-commerce market growth in Brazil is the rapid adoption of new payment methods, such as digital wallet and Pix, the Brazilian instant payment system.

Global e-commerce behemoths are seeking to launch their payment services in Brazil amid the rapid digital payment adoption

Along with the rise of the e-commerce industry, Brazil has also witnessed significant growth in adopting digital payment services over the last few years. With most of the population still falling under the unbanked or underbanked category, global e-commerce behemoths are seeking to launch their payment services in Brazil to tap into another high-growth market.

Fashion retailers are expanding into the financial sector to meet the consumer demand for greater innovation and convenience

While the e-commerce market continues to record strong growth year on year in Brazil, the presence of global players and domestic leaders has made the industry more competitive. Consequently, retailers are increasing their focus on improving customer experience to drive market share in the fashion category.

Global e-commerce players have increasingly invested in developing better infrastructure to support their expansion and growth in Brazil

Even before the pandemic outbreak, the Brazilian e-commerce industry recorded double-digit growth between 2017 and 2019. Several global players were eyeing the Brazilian e-commerce sector as their new growth market. To capitalize on the high-growth potential offered by the domestic industry, global players increasingly invested in developing better infrastructure over the last two years.

Reasons to buy

  • In-depth Understanding of B2C Ecommerce Market Dynamics: Understand market opportunities and key trends along with forecast (2017-2026). Understand market dynamics through essential KPIs such as Gross Merchandise Value, Volume, and Average Value Per Transaction.
  • Insights into Opportunity by B2C Ecommerce Categories: Get market dynamics by sales channel to assess emerging opportunities across various segments.
  • Detailed analysis of market share by key players across key B2C ecommerce verticals.
  • Insights into Opportunities across key B2C verticals: Retail shopping, travel & hospitality, online food service, media and entertainment, healthcare and wellness, and technology products & services.
  • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate a B2C ecommerce strategy; assess market-specific key trends, drivers, and risks in the B2C ecommerce industry.
  • Get Insights into Consumer Attitude and Behaviour: Drawing from proprietary survey results, this report identifies and interprets key B2C ecommerce KPIs, including spend by age, gender, and income level.

For more information about this report visit https://www.researchandmarkets.com/r/a8pwsp