E-commerce Market:
WiseGuyReports.com adds “E-commerce Global Market Report 2020-30” reports to its database.
Executive Summary
The global e-commerce market is expected to grow from $1,808.5 billion in 2019 to about $2,405.3 billion in 2020. Due to Covid-19, a significant growth is seen in the demand for essential supplies such as food, medicine, hand sanitizers, tissue, and disinfectants. With people avoiding visiting market places and preferring to stay indoors, the online or e-commerce market is seeing a significant growth. The market is expected to stabilize and reach $3,056.3 billion at a CAGR of 14% through 2023.
The e-commerce market consists of sales of merchandise such as apparel, electronics, furniture, books, cosmetics, and other products through online channels. This industry includes e-commerce and m-commerce companies that offer home delivery services. The sales transaction between the retailers and their customers through the use of information technology including telephone and internet and delivery of merchandise is typically done through mail or couriers. The e-commerce industry also includes direct mailers who are selling their merchandise and retailing through online websites.
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The global e-commerce market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific was the largest region in the e-commerce market in 2019.
Increasing government and companies’ initiatives to promote e-commerce sales is a leading trend in the e-commerce market. According to Entracker’ s news published in August 2019, the Union Ministry of India announced the government plan to launch an e-commerce portal names Bharat Craft in India on lines of Alibaba, an e-commerce platform in China. This app is expected to provide a platform for MSMEs to market and sell their product, which is projected to boost the sector growth in the country.
The e-commerce market covered in this report is segmented by application into home appliances; clothing and footwear; books; cosmetics; baby goods; groceries; others.
Stringent regulations and vertical restraints imposed on the e-commerce sector is expected to limit the growth of the e-commerce industry in the near future. The vertical restraints such as across platforms parity agreements (APPA), geo-blocking, most favored nation (MFN), geo-filtering, and advertising restrictions is to act as a major challenge for e-commerce players. For instance, according to the SSC Online Blog on the vertical restraints in the Indian E-commerce Sector published in August 2019, stated that the CCI has the power to examine any contract relating to the e-commerce sector that leads to “Appreciable Adverse Effect on Competition” (AAEC) provided under Section 3 in India. Therefore, the stringent regulation imposed on functioning and advertising makes it difficult for e-commerce players to manage its operations, thus, adversely impact the growth of the e-commerce industry over the forthcoming years.
In December 2019, Safilo Group S.p.A., Italian company engaging in designing, producing, and distribution of frames, sports eyewear, sunglasses, ski goggles and helmets, and related products, announced the acquisition of 70% stake in Blenders Eyewear LLC, a digitally native retailer for an undisclosed amount. This acquisition is aimed towards accelerating e-commerce and omnichannel strategy and expand the global presence of Safilo Group S.p.A. Blenders Eyewear LLC is a California based company engaged in providing a high-quality lifestyle and active eyewear through e-commerce platforms at affordable prices with engaging brand content.
Rising internet penetration and the growing use of smartphones are predicted to contribute to the growth of the e-commerce market. The growing usage of the internet and smartphones is shifting consumer preferences towards online shopping. According to We Are Social’s special report on Digital 2019 published in January 2019, the total internet users in 2019 increased to 4.39 billion with a growth of 366 million or 9% in comparison with January 2018. Moreover, the number of mobile users was 5.11 billion in 2019, increased by 100 million or 2% in 2018. Therefore, increasing internet penetration coupled with the growing number of people using smartphones is projected to boost the demand for e-commerce market over the forecast period.
Major players in the e-commerce market are Amazon.com Inc., JD.com Inc., Suning Commerce Group Co. Ltd., Apple Inc., Walmart Inc., Dell Technologies Inc., Vipshop Holdings Ltd., Gome Electrical Appliances Holding Ltd., Macy’s Inc., and Otto Group.
Continuous…
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Polysilicon Market:WiseGuyReports.com adds “Global Polysilicon Market Size, Status and Forecast 2020-2025” reports to its database.Executive SummaryThe Global Polysilicon Market valued at USD 7426 million in the year 2019 has been witnessing unprecedented growth.
Massive investments in expansion of solar capacity across the globe is a key driving factor for the growth of the Polysilicon market.
Governments of developing and developed countries and industrial sectors are emphasizing on the expansion of renewable energy sources, in which solar energy appears to show high potential.
Thus, policy makers, regulatory bodies and industrial sectors are investing enormously in the solar energy sector.
This is generating remarkable demand for solar panels across the globe.
The growth of the Polysilicon industry will however be slowed down because of the COVID-19 pandemic, which has completely halted all industries including manufacturing and logistics.Among the Application segment in the Polysilicon market (Solar Photovoltaic and Semiconductors), Solar Photovoltaic has been gaining popularity among other segments and is expected to keep major market share in the forecast period because of the adoption of energy sources that are sustainable.
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Market Research Future Published a Half-Cooked Research Report on Global Ink Resins Market Research Report - Global Forecast Till 2025 Global Ink Resins Market – SegmentationsThe Covid-19 Ink Resins Market Analysis has been segmented into four main dynamics to widen the scope of understanding,By Type: Modified Resin, Cellulose, Acrylic, Polyamide, Hydrocarbon, Polyurethane, and others.By Printing Process: Flexographic, Lithographic, Gravure, Digital, Letterpress, and others.By Application: Printing & Publication, Corrugated Boards, Flexible Packaging, and others.By Regions: Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.Global Ink Resins Market - Competitive LandscapeHighly competitive, the Ink Resins Market appears to be fragmented due to the presence of several large and small-scale players.
For business expansion, they acquire small yet promising companies in the emerging markets, focusing on optimized situational awareness for customers.
Rising strategic initiatives are changing the market structure by increasing the profit of the acquiring company and reducing market competition significantly.Major Players:Players Leading the Global Ink Resins Market include Arakawa Chemical Industries, Ltd (Japan), BASF SE (Germany), DowDuPont Inc (US), Royal DSM NV (Netherlands), Hydrite Chemical (US), Evonik Industries AG (Germany), Lawter (US), Indulor Chemie GmbH (Germany), Arizona Chemical Company, LLC (US), IGM Resins, Inc. (The Netherlands), US-Polymers-Accurez LLC (US), and Kraton Corporation (US), among others.Get Free Sample @ https://www.marketresearchfuture.com/sample_request/5093Industry/Innovation/Related News:November 09, 2019 —- Ingevity (the US), a specialty chemicals and materials manufacturer & supplier, launched its new environmentally friendly ink resin product line - AltaPrint.
Now available globally, The AltaPrint family of products offers customers a more eco-friendly solution without sacrificing gloss and film hardness performance characteristics.
The largest market share attributes to the growing demand from the packaging industry and expanding production capacities in the region.
Besides, factors such as the rising trend of on-the-go packaged food items & online shopping and the burgeoning eCommerce market in the region drive the market growth substantially.The presence of dynamically emerging economies in the region such as India, Japan, China, Singapore, and South Korea impacts the regional market growth positively.
