How big is the Peru E-Commerce market?
According to MarkNtel Advisors study, The Peru E-Commerce Market size was valued at around USD 15.3 billion in 2023 and is estimated to grow at a CAGR of about 26.5% during the forecast period, i.e., 2024-30.
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Peru E-Commerce Market Trend:
Remarkable Rise of Mobile Commerce (M-commerce) in the Peru E-Commerce Market – With the widespread adoption of smartphones and the expansion of mobile internet accessibility in recent years, Peruvian consumers have been increasingly turning to their mobile devices for various aspects of their online shopping journey. Also, smartphones have been proven to be a largely preferred device to access online shopping platforms, as consumers have been able to access it anytime from anywhere. From product research to actual purchases and digital payments, the convenience of M-commerce has been reshaping the e-commerce landscape in recent years.
Moreover, numerous e-commerce firms in Peru are acutely attuned to this shift in consumer behavior and are proactively adapting by enhancing the mobile compatibility of their online platforms and creating dedicated mobile apps. This transition underscores the significance of delivering a smooth and user-friendly mobile shopping experience. Therefore, the growing consumer inclination towards mobile commerce (M-commerce), combined with the introduction of user-friendly applications, is poised to propel market growth in the forthcoming year.
Leading Companies in the Peru E-Commerce market:
- Linio International Marketplace
- Mercado Libre
- Amazon, Inc.
- Alibaba Group Holding Limited
- Platanitos
- Ripley
- Real Plaza
- Rosatel
- Falabella S.A.
- Diners Club Peru SA
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Peru E-Commerce Market Segmentation:
By Product Type
- Consumer Electronics- Market Size & Forecast 2019-2030, Revenues (USD Million)
- Apparel and Fashion- Market Size & Forecast 2019-2030, Revenues (USD Million)
- Home and Furniture-Market Size & Forecast 2019-2030, Revenues (USD Million)
- Food and Groceries-Market Size & Forecast 2019-2030, Revenues (USD Million)
- Others (Beauty & Wellness, Pharmaceutical Products, etc.)- Market Size & Forecast 2019-2030, Revenues (USD Million)
Traditionally, consumer electronics, especially smartphones, have held a significant share of the market.
By Payment Mode
- Cash Payment- Market Size & Forecast 2019-2030, Revenues (USD Million)
- Card Payment- Market Size & Forecast 2019-2030, Revenues (USD Million)
- Digital Wallet- Market Size & Forecast 2019-2030, Revenues (USD Million)
By Business Model
- Horizontal E-commerce- Market Size & Forecast 2019-2030, Revenues (USD Million)
- Vertical E-commerce- Market Size & Forecast 2019-2030, Revenues (USD Million)
By Browsing Method
- App-based- Market Size & Forecast 2019-2030, Revenues (USD Million)
- Website-based- Market Size & Forecast 2019-2030, Revenues (USD Million)
By Transaction
- Business-to-Business- Market Size & Forecast 2019-2030, Revenues (USD Million)
- Business-to-Consumer- Market Size & Forecast 2019-2030, Revenues (USD Million)
Regional/ Countries Insight:
- North
- South
- Central
Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.
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