While forecasts cited in the report indicate that the online portion of total retail sales in Malaysia will grow from the present single percentage point to over 5% by 2025, this growth rate is eclipsed by other regional markets such as Indonesia, Vietnam and Philippines. The Malaysian government has initiated a roadmap calling for private sector cooperation to double the rate of E-Commerce sales growth. Favorable to this growth are the ready Internet infrastructure and the interest of young adults in making purchases online.
Several other interesting facts are presented in the publication. Online retail sales in Malaysia are dominated by the marketplace model. The report shows that the largest B2C marketplaces, Lazada.com.my and 11street.my have announced intentions to attract more sellers to their portals. Other trends in E-Commerce include the sales through social media and the rising use of mobile devices to connect with sellers.
Key Questions Answered
- What were B2C E-Commerce sales in Malaysia in 2016?
- What is the CAGR prediction for online retail in Malaysia through 2020 and beyond?
- How large are M-Commerce sales in Malaysia predicted to be in 2020?
- Which online payment methods are preferred by online shoppers in Malaysia?
- Who are the main E-Commerce competitors in Malaysia?
- 11street Co. Ltd
- Alibaba Group Holding Ltd.
- MasterCard Inc.
- PayPal Inc.
- RedMart Ltd.
- Visa Inc.
Key Topics Covered:
1. Management Summary
2. Overview & International Comparisons
4. Sales & Shares
5. Internet Users & Online Shoppers
For more information about this report visit http://www.researchandmarkets.com/research/q8ddp7/malaysia_b2c