understanding the apac online shopping market
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UNDERSTANDING THE APACONLINE SHOPPING MARKET
YO
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TUNDERSTANDING THE APACONLINE SHOPPING MARKET
Online shopping
spend 2014ASIA: US$525 billion
North America: US$482 billion
By 2016, 40% onlinesales will come
from APAC
Online shopping packages
delivered in China in 2014
8.3 billion
on online shopping in Asia comes from China
6 out of every US$10 spent
China’s APAC
online sales
buy goods from retailers overseas
14% in 2010
49% in 2014
Projected 56% in 2016
More than 650k
shopping sites
74% of consumers rely
on social networks to
make a purchasing decision
APAC Online
Buying Intentions
Clothing, accessories & shoes - 57%
Hardcopy books - 50%
Mobile phone - 44%
Cosmetics - 43%
Sporting goods - 4
2%
In the next 6 months
shoppers intend to buy:
for global consumers
to choose from
61% of shoppers
say they have
bought clothing
and apparel online in
the last 6 months
87% of Chinese online shoppers
APAC projected
online shopping
spend will top
US$1 trillionin 2017
Yearly average
online spend
per personin US$
81% will buy via Desktop
52% will buy via Mobile phone
35% will buy via Tablet
In the next 6 months, APAC online shoppers say:
– global average is just 33%
— well above the global average of 26%
APAC purchase prediction
37% APAC purchases
are made via Mobile
82% of online shoppers worldwide
have bought something from a
cross-border merchant
67% of global shoppers
go online to do at least 10%
of their m
onthly spending
49% of women in Asia
prefer to shop online
than in store
67% of global consumers use online
retailers to shop internationally,
but fewer than 1 in 5 say the
experience exceeds expectationsMore than 157m online shoppers
a year are referred to purchase
points through social mediaMore than 5% of online retail
spending will come directly
from social media in 2015
1 in 2 shoppers are more likely
to purchase a product through
social media via a ‘Buy Now’ button
39% of Asian shoppers
discover international merchants
through word of mouth
BUYNOW
14%
49%
56%
301*2012
20132014
383*525*
681*855*
1,052*
20152016
2017
232 269 300347
368
*Billion US$
35% 52%
81%
37%26%
39%33%
Latin
Am
eric
a
EM
EA
Glo
bal
Ave
rag
e
Asi
a P
acifi
c
No
rth
Am
eric
a
94.6%
New Zealand94.1%
Australia
92.4%
South Korea86.2%
Japan
80.9%
Hong Kong
80.0%
Singapore
80.0%
Taiwan
67.0%
Malaysia
47.4%
China
43.9%
Vietnam
41.1%
Philippines
29.7%
Thailand
Internet penetration
Asia Pacific
34.7%
Asia
42.3%
Global