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The ASEAN e-commerce retail market is expected to grow significantly during the forecast period (2018-2023). The ASEAN market has been driven by some pivotal factors such as increasing internet and smartphone users, inexpensive workforce in majority of the countries and less cost for investment in capital expenditure.
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Orion Market Research ASEAN E-commerce Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our ASEAN E-commerce Market: https://www.omrglobal.com/request- sample/asean-e-commerce-retail-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The ASEAN e-commerce retail market is expected to grow significantly during the forecast period (2018- 2023). The ASEAN market has been driven by some pivotal factors such as increasing internet and smartphone users, inexpensive workforce in majority of the countries and less cost for investment in capital expenditure. The use of internet and smartphone have been increased significantly in the ASEAN countries which gives the larger target market to the e-commerce companies. Whereas the major countries in the region such as Malaysia and Singapore have well established infrastructure which enables the e-commerce market players to expand their market and explore new opportunities in the ASEAN countries. The infrastructure of ASEAN countries is also improving and is expected to create opportunities for the e-commerce industry. The e-commerce industry of ASEAN region is expected to grow significantly due to cohesive government policies, inexpensive capital expenditure and workforce. It also provides wider scope for forward as well as backward integration for companies in the region. Growing population of potential customers and rising online sales provide considerable potential to the e-commerce retailers. A full Report of ASEAN E-commerce Market is Available at: https://www.omrglobal.com/industry- reports/asean-e-commerce-retail-market However, underdeveloped infrastructure in majority of the countries and cost for reverse logistics are concern for the market. Political instability in some countries such as Cambodia, Myanmar and Vietnam effects the operations of e-commerce retailers. The under developed infrastructure of many countries in the region also restricts the companies in expanding its reach and connectivity to different areas. One of the major issues which always arises with the e-commerce companies includes cost for reverse logistics which affects the e-commerce retail market. Request a Free Sample of our ASEAN E-commerce Market: https://www.omrglobal.com/request- sample/asean-e-commerce-retail-market Indonesia, Singapore and Malaysia have the largest market share among the ASEAN countries due to cohesive government policies, competitive environment, improved infrastructure and inclusive growth of economies. Malaysia has well developed infrastructure and better road connectivity which helps e- commerce companies in reaching to the masses and provide opportunity for expansion to all the retail companies. Singapore has more than 75% of internet users and significant infrastructure that enables the e-commerce companies to boost the e-commerce retail market. ASEAN market players such as Qoo10, Lazada, eBay, EZbuy, Shopee, RedMart, Courts, Tokopedia, Amazon.com Inc., contributes significantly into the growth of AEAN e-commerce retail market. • • MARKETSEGMENTATION BYENDUSER BUSINESSTOCONSUMER BUSINESSTOBUSINESS CUSTOMERTOCUSTOMER BYDEVICEUSED SMARTPHONE
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LAZADA QOO10PTELIMITED RAKUTENGROUP REDMARTLIMITED SHOPEE TOKOPEDIA ZALORA For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/asean-e-commerce-retail-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404