DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "China Cross-border E-commerce Industry Overview, 2017-2021" report to their offering.
In 2015, the import origins of top 10 cross-border e-commerce products in China included the U.S.A., Japan, Germany, South Korea, Australia, Holland, France, the U.K., Italy and New Zealand, of which the products are preferred by Chinese consumers. According to CRI, Chinese consumers purchased commodities from 3 countries by average per capita through cross-border e-commerce in 2016, of which the most active consumers purchased commodities from 20 countries. The cross-border e-commerce industry provides selectivity freedom to Chinese consumers towards global products.
In terms of import categories, three major categories including mother and baby products, cosmetics for personal care and nutrition health products pull the import of cross-border e-commerce retails. Generally, cross-border e-commerce becomes the major new channel for Chinese consumers to purchase these products with the improving requirements on qualities of health and safe products. For example, infant formula sold on cross-border e-commerce platforms exerts great impact on the domestic industry.
The total import and export value of commodity trade was CNY 24.59 trillion in China in 2015 decreasing by 7% compared to 2014. Meanwhile, the import value was CNY 10.45 trillion decreasing by 13.2% YOY. It is estimated that the foreign trade presents a negative trend with huge downward pressure in China in the next few years. However, the growth rate of cross-border e-commerce surpasses that of the import and export of commodity trade with an increasing penetration rate in China. The trade value of cross-border e-commerce reached CNY 4.8 trillion increasing by 28% YOY in China in 2015 and it is expected to exceed CNY 6 trillion in 2016. According to estimation, the trade value of cross-border e-commerce will exceed CNY 14 trillion by 2020 with the CAGR reaching 20% from 2015 to 2021.
Key Topics Covered:
1 Relevant Concepts of Cross-border E-commerce Industry
2 Analysis on Cross-border E-commerce Industry in China, 2011-2016
3 Competition Status of Cross-border E-commerce Industry in China, 2011-2016
4 Analysis on Major Cross-border E-commerce Enterprises in China, 2013-2017
5 Analysis on Costs and Prices in China Cross-border E-commerce Industry, 2015-2017
6 Prediction on Development of Cross-border E-commerce Industry in China, 2017-2021
- JD Worldwide
For more information about this report visit http://www.researchandmarkets.com/research/kdbxms/china