Social Commerce Market Size, Share, Trends & Growth 2032
Meticulous Research®—a
leading global market research company, published a research report titled ‘Social
Commerce Market—Global Opportunity Analysis and Industry Forecast (2025-2032)’.
According to this latest publication from Meticulous Research®, the
social commerce market is expected to reach $6,059.6 billion by 2032, at a CAGR of 28.6% from 2025 to 2032.
The growth of the
social commerce market is driven by the increased use of social media platforms,
widespread adoption of mobile devices, and rising digitization. However, this
growth is hindered by a lack of technology adoption in developing countries.
Additionally, the rising use of AI and chatbots to enhance sales and customer
service, growing partnerships between brands and social media influencers to
reach target audiences, and increasing internet penetration in developing
countries present significant opportunities for market players. The market
faces significant challenges, including online fraud and data privacy concerns,
and escalating competition.
Key Players:
The social commerce
market is characterized by a moderately competitive scenario due to the
presence of many large- and small-sized global, regional, and local players.
The key players operating in the social commerce market are Fashnear
Technologies Private Limited (Meesho) (India), Meta Platforms, Inc. (U.S.), PDD
Holdings Inc. (Ireland), Pinterest, Inc. (U.S.), Poshmark, Inc. (U.S.), Roposo
(India), Snap, Inc. (U.S.), X Corp. (U.S.), Xiaohongshu (China), Yunji Inc.
(China), and Etsy, Inc. (U.S.).
The social commerce
market is segmented by business model (business to business (B2B), business to
consumer (B2C), consumer to consumer (C2C)); platform type (social media
platforms (Facebook, Instagram, Pinterest, Snapchat, and other social media
platforms), e-commerce platforms(Amazon, shoplifty, eBay, Alibaba and other
e-commerce platforms); sales channel (video commerce, influencer marketing,
live shopping events, user-generated content (UGC), community groups and
others); product (cosmetics & personal care, fashion & apparel, health
& wellness, electronics, home décor & furnishing, food & beverages,
accessories and other products). This study also evaluates industry competitors
and analyzes the regional and country-level markets.
Among the
business models studied in this report, the B2C segment is anticipated to hold the
dominant position, with a large share of the social commerce market in 2025.
Businesses' increased use of the B2C business model to engage directly with
consumers through social media platforms and drive sales are factors
contributing to the segment’s dominant position in the social commerce market.
Among the platform
types studied in this report,
the social media platforms segment is anticipated to hold the dominant
position, with a large share of the social commerce market in 2025. The
dominant position of this segment in the social commerce market is driven by
social media platforms' ability to provide a seamless shopping experience
through integrated shopping features. These allow users to discover and
purchase products without leaving the app. Additionally, the vast user bases
and inherent visual appeal of these platforms further enhance their
attractiveness for social commerce.
Among the sales
channels studied in this report,
the video commerce segment is anticipated to hold the dominant position, with a
large share of the social commerce market in 2025. This segment's dominant
position in the social commerce market is attributed to video content's
capacity to capture attention more effectively than static images or text. This
leads to higher engagement and conversion rates, as well as improved
storytelling capabilities.
Among the products
studied in this report, the
fashion & apparel segment is anticipated to hold the dominant position,
with a large share of the social commerce market in 2025. The dominant position
of this segment in the social commerce market is driven by brands' increased
focus on hosting live shopping sessions on platforms like Instagram and TikTok,
where they showcase collections and engage with viewers. Furthermore,
personalized recommendations and evolving consumer shopping behaviors further
enhance this trend.
This research report
analyzes major geographies and provides a comprehensive analysis of North
America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Sweden,
Denmark and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea,
Singapore, Malaysia and Rest of Asia-Pacific), Latin America (Brazil, Mexico,
and Rest of Latin America), and the Middle East & Africa (UAE, Israel, and
Rest of Middle East & Africa)
Among the
geographies studied in this report, the Asia-Pacific region is anticipated to hold the dominant position,
with a share of 49% of the market in 2025. The dominant
position of this segment in the social commerce market is driven by online
retailers' increased focus on enhancing user experience, facilitating real-time
interactions, and prompting immediate purchasing decisions. Moreover, growing
internet penetration, rising preference for online shopping, significant
investment in the e-commerce sector, and widespread adoption of smartphones and
mobile devices all contribute to this trend.
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Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6036
Key Questions
Answered in the Report-
- What is the value of revenue generated by
the sale of social commerce?
- At what rate is the global demand for
social commerce projected to grow for the next five to seven years?
- What is the historical market size and
growth rate for the social commerce market?
- What are the major factors impacting the
growth of this market on global and regional levels?
- What are the major opportunities for
existing players and new entrants in the market?
- Which business model, platform type, sales
channel, and product segments create major traction for the manufacturers
in this market?
- What are the key geographical trends in
this market? Which regions/countries are expected to offer significant
growth opportunities for the manufacturers operating in the social
commerce market?
- Who are the major players in the social
commerce market? What are their specific product offerings in this market?
- What recent developments have taken place
in the social commerce market? What impact have these strategic
developments created on the market?
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