Online Shopping in China
The Online Shopping industry in China is expected to grow at a CAGR of 17.0% over the five years through 2023, to total $2.4 trillion. This trend includes anticipated growth of 17.9% in the current year. The industry's rapid growth can be attributed to the rising popularity of ecommerce in China and online businesses continuously developing their services. Additionally, the number of mobile internet users has greatly increased over the past five years, as mobile internet services have continued to develop, boosting the industry's performance.
The Online Shopping industry in China comprises retail businesses that use the internet as the primary selling platform. Online business transactions between different countries, online bill payment, digital product downloads, internet banking and e-ticketing are not included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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