NORTH AMERICA B2B ECOMMERCE MARKET 2022-2028

ICT | Telecom and Internet

NORTH AMERICA B2B ECOMMERCE MARKET 2022-2028

Market by Product Type, Payment Mode, and Country Outlook | Forecast 2022-2028

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According to Triton’s report, the B2B eCommerce market in North America is expected to register a CAGR of 20.49% during the forecast years from 2022 to 2028.


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The countries evaluated in the region consist of:

•         The United States

•         Canada

In the region, the United States attains the highest share in the B2B eCommerce market. The market’s growth can be attributed to the presence of notable companies such as eBay, Amazon, and others. These companies create scope for innovation through product developments and technological advancements. Besides, the region has witnessed a significant rise in digital buyers, which fuels the expansion of the business-to-business eCommerce market across North America.

In the United States, the rise in digital buyers and strategic initiatives has led to the advent of various business-to-business platforms. This is expected to contribute to the studied market’s growth during the forecast period. Several buyers are switching their corporate purchases to the online channel. For instance, the number of digital buyers is expected to reach around 291.2 million by 2025. In this regard, the most popular online shopping categories include fashion and electronics. Such growth is expected to boost the market on a progressive path in the upcoming years.

The growth in the electronic commerce industry and expanding digital platforms support the studied market’s growth in Canada. As per the International Trade Administration, eCommerce users are expected to grow, accounting for about 77.6% of the total population by 2025. All these factors thus are opening new avenues for the business-to-business eCommerce market.

Bank transfer is a method of electronic fund transfer from one entity to another. This payment method is a widely opted and trusted online payment method among businesses. Lower acceptance costs, fewer chargebacks for merchants, and convenience are some of the factors that have made bank transfers most preferred among companies. The market segmentation includes payment mode and product type. The payment mode section includes bank transfers, digital/mobile/e-wallets, credit and debit cards, cash on delivery, and others.

The major companies in the market are DIY Trade, EC21, Flipkart, eBay Inc, and eWorldTrade.

eBay Inc is a multinational eCommerce company that facilitates C2C, B2B, and B2C sales. The company manages the online auction and shopping website, assisting companies in buying and selling a wide range of goods and services globally. The company’s platform includes an online website, localized counterparts, and a suite of mobile applications. The classified platforms include brands such as Kijiji, Gumtree, and others. eBay operates across 32 nations, headquartered in San Jose, California, the United States.

 

Key deliverables of the report:

·       Market CAGR during the forecasting years 2022-2028

·       Detailed data highlighting key insights, industry components, and market strategies

·   Comprehensive information and estimation of the B2B eCommerce market revenue growth in North America and its influence on the parent market

·       In-depth study of forthcoming trends in consumer behavioral patterns

·       A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces

·       A wide-ranging study of factors that will challenge the NA B2B eCommerce market’s growth during the upcoming years

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Table of Content

1. NORTH AMERICA B2B ECOMMERCE MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE B2B ECOMMERCE MARKET

2.2. KEY INSIGHTS

2.2.1. INCREASING POPULARITY OF OMNICHANNEL SALES

2.2.2. GOVERNMENTS SHIFTING TOWARDS ONLINE MARKETPLACES

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. PRODUCT LAUNCHES & DEVELOPMENTS

2.6.2. PARTNERSHIPS & AGREEMENTS

2.7. MARKET DRIVERS

2.7.1. GROWTH IN ONLINE ORDERS

2.7.2. TECHNOLOGICAL ADVANCEMENTS AND DEVELOPMENTS

2.7.3. EASE AND ADOPTION OF DIFFERENT PAYMENT MODES

2.8. MARKET CHALLENGES

2.8.1. CONCERNS REGARDING DATA PRIVACY AND SECURITY

2.8.2. NEED FOR HIGH INVESTMENTS

2.9. MARKET OPPORTUNITIES

2.9.1. ADOPTION OF SOCIAL COMMERCE

2.9.2. ADOPTION OF AUGMENTED AND VIRTUAL REALITY

3. NORTH AMERICA B2B ECOMMERCE MARKET OUTLOOK - BY PRODUCT TYPE

3.1. CONSUMER ELECTRONICS

3.2. AUTOMOTIVE

3.3. BEAUTY & PERSONAL CARE

3.4. INDUSTRIAL & SCIENCE

3.5. CLOTHING

3.6. SPORTS

3.7. FOOD AND BEVERAGE

3.8. CONSTRUCTION

3.9. OTHERS

4. NORTH AMERICA B2B ECOMMERCE MARKET OUTLOOK - BY PAYMENT MODE

4.1. DIGITAL/MOBILE/E-WALLETS

4.2. CREDIT AND DEBIT CARDS

4.3. BANK TRANSFER

4.4. CASH ON DELIVERY

4.5. OTHERS

5. NORTH AMERICA B2B ECOMMERCE MARKET – COUNTRY OUTLOOK

5.1. UNITED STATES

5.2. CANADA

6. COMPETITIVE LANDSCAPE

6.1. ALIBABA GROUP HOLDING LTD

6.2. AMAZON INC

6.3. CHINAASEANTRADE.COM

6.4. DIY TRADE

6.5. EBAY INC

6.6. EC21

6.7. EWORLDTRADE

6.8. FLEXFIRE LEDS

6.9. FLIPKART

6.10. INDIAMART INTERMESH LTD.

6.11. KOMPASS

6.12. MSC INDUSTRIAL DIRECT

6.13. GLOBAL SOURCES

6.14. QUILL CORPORATION

6.15. THOMASNET

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1:  NORTH AMERICA B2B ECOMMERCE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2:  VENDOR SCORECARD

TABLE 3:  NORTH AMERICA B2B ECOMMERCE MARKET, BY PRODUCT TYPE, 2022-2028, (IN $ MILLION)

TABLE 4:  NORTH AMERICA B2B ECOMMERCE MARKET, BY PAYMENT MODE, 2022-2028, (IN $ MILLION)

TABLE 5:  NORTH AMERICA B2B ECOMMERCE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1:  MARKET ATTRACTIVENESS INDEX

FIGURE 2:  NORTH AMERICA B2B ECOMMERCE MARKET, BY PRODUCT TYPE, 2021 & 2028 (IN %)

FIGURE 3:  NORTH AMERICA B2B ECOMMERCE MARKET, BY CONSUMER ELECTRONICS, 2022-2028 (IN $ MILLION)

FIGURE 4:  NORTH AMERICA B2B ECOMMERCE MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)

FIGURE 5:  NORTH AMERICA B2B ECOMMERCE MARKET, BY BEAUTY & PERSONAL CARE, 2022-2028 (IN $ MILLION)

FIGURE 6:  NORTH AMERICA B2B ECOMMERCE MARKET, BY INDUSTRIAL & SCIENCE, 2022-2028 (IN $ MILLION)

FIGURE 7:  NORTH AMERICA B2B ECOMMERCE MARKET, BY CLOTHING, 2022-2028 (IN $ MILLION)

FIGURE 8:  NORTH AMERICA B2B ECOMMERCE MARKET, BY SPORTS, 2022-2028 (IN $ MILLION)

FIGURE 9:  NORTH AMERICA B2B ECOMMERCE MARKET, BY FOOD AND BEVERAGE, 2022-2028 (IN $ MILLION)

FIGURE 10:  NORTH AMERICA B2B ECOMMERCE MARKET, BY CONSTRUCTION, 2022-2028 (IN $ MILLION)

FIGURE 11:  NORTH AMERICA B2B ECOMMERCE MARKET, BY OTHERS, 2022-2028 (IN $ MILLION)

FIGURE 12:  NORTH AMERICA B2B ECOMMERCE MARKET, BY PAYMENT MODE, 2021 & 2028 (IN %)

FIGURE 13:  NORTH AMERICA B2B ECOMMERCE MARKET, BY DIGITAL/MOBILE/E-WALLETS, 2022-2028 (IN $ MILLION)

FIGURE 14:  NORTH AMERICA B2B ECOMMERCE MARKET, BY CREDIT AND DEBIT CARDS, 2022-2028 (IN $ MILLION)

FIGURE 15:  NORTH AMERICA B2B ECOMMERCE MARKET, BY BANK TRANSFER, 2022-2028 (IN $ MILLION)

FIGURE 16:  NORTH AMERICA B2B ECOMMERCE MARKET, BY CASH ON DELIVERY, 2022-2028 (IN $ MILLION)

FIGURE 17:  NORTH AMERICA B2B ECOMMERCE MARKET, BY OTHERS, 2022-2028 (IN $ MILLION)

FIGURE 18:  NORTH AMERICA B2B ECOMMERCE MARKET, BY COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 19:  UNITED STATES B2B ECOMMERCE MARKET 2022-2028 (IN $ MILLION)

FIGURE 20:  CANADA B2B ECOMMERCE MARKET 2022-2028 (IN $ MILLION)

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