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Chilean online commerce is small, with less than 2% of sales contributing to the total retail sales. However, this scenario is changing fast and online commerce is growing quicker than ever before. Mobile commerce is the major contributor to the online retail sales which is because of high adoption to Smartphone's and high internet speeds coupled with high internet penetration across the country. Though the economy has slowed down in the last two years, online commerce is not affected due to these macro-economic changes but instead more Chileans are adopting online commerce every year.<br><br>Key Findings<br><br>Online retailing has high potential compared to conventional channels, and is expected to grow at a CAGR of 15.2% over the forecast period<br><br>High internet penetration and very high Smartphone penetration will act as a catalyst for the emerging online shopping market<br><br>Electrical and electronics was the largest product group in 2015, with total online sales of CLP281, 511.7 billion, or 47.6% of total online retail sales in 2015
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Consumer Attitudes and Latest Trends in Chile Online Retail Market Outlook: Insights 2020 : Ken Research Ken Research Pvt. Ltd. Ken Research Pvt. Ltd.
Overview of Chile’s Online Retail Market • Chile is the leading country in Latin America in terms of electronic commerce transactions. • The online retail market is small, accounting for only 2% of the total retail sales value in Chile. • Increasing and easy access to internet is the main motivational factor for the online retail market. • Increasing penetration of smartphones to gear up m commerce segment. • Falabella, Lan.com and Mercado Libre are the most popular e commerce websites in Chile. Ken Research Pvt. Ltd.
Key Factors Driving Growth in Chile’s Online Retail Market Ken Research Pvt. Ltd. Ken Research Pvt. Ltd.
Some other facts about the Chile Online Retail Market Ken Research Pvt. Ltd.
To know more on coverage, click on the link below: https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/consumer-attitudes-online-retail-dynamics-chile/37630-95.html Related Reports: Consumer Attitudes and Online Retail Dynamics in Spain, 2014-2019 Contact Information Ankur Gupta, Head Marketing & Communications Email Id: query@kenresearch.com Phone No: +91-124-4230204 Ken Research Pvt. Ltd.
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