Dublin, July 30, 2024 (GLOBE NEWSWIRE) — The “Japan Online Retail Forecast 2023-28” report has been added to ResearchAndMarkets.com Dedication.
From 2023 to 2028, the Japanese online retail market is expected to grow at a compound annual growth rate (CAGR) of 7.5%. It is expected that by 2028, online retail will account for 21.9% of Japan’s total retail sales.
By 2026, online buyers will exceed 100 million
In 2026, the number of online shoppers in Japan will exceed 100 million, accounting for 82.7% of the total population. China's aging population has made online commerce a convenient way for Japanese consumers to purchase goods. The per capita spending of Japanese online buyers is also higher, with online buyers spending $1,617.9 in 2023.
Groceries largest online retail category
Online groceries will be the largest online retail category in 2023, with sales of $31 billion, followed by home goods and furniture and consumer electronics. By 2028, online grocery sales are expected to reach $9.5 billion, accounting for 7.3% of total grocery sales.
Rakuten's largest online retailer
Rakuten is the largest player with a market share of 25.2%, followed by Amazon with a market share of 23.2% by 2023. struggling.
Reporting scope
The Japan Online Retail Forecast provides a comprehensive view of the Japanese online retail market. The forecast details the online and offline growth of 11 product categories in Japan and the size of the mobile commerce market. The report provides historical and forecast data for 11 categories of retail and online retail from 2009-23 to understand Japan's retail market.
The Japanese retail market is expected to grow at a compound annual growth rate of 3.4% from 2023 to 2028, from US$860.7 billion in 2023 to US$1.01 trillion in 2028. 18.1%.
Reporting scope
- Total Population – Historical and Forecast Data 2009-23
- Online Population – Historical and Forecast Data 2009-23
- Online Buyers – Historical and Forecast Data 2009-23
- 11 categories of online buyers
- Categories covered
- Computer Hardware and Software
- consumer electronics
- personal care
- books
- Music, videos and games
- clothing
- Shoes, bags and accessories
- Homewares and Furniture
- Toy
- grocery store
- Electrical appliances (personal and household)
- Total retail sales – broken down by 11 categories
- Online retail sales – broken down by 11 categories
- Online retail via mobile phone
- Mobile retail sales broken down by category
- Online retail – B2C and C2C
- Online retail market share
- E-commerce sales at major online retailers
Our company's selection
- Amazon
- Rakuten
- yahoo shopping
- Zuozuo Town
- cooperative
- To be purchased
- Uniqlo
- Aeon
- bic camera
- au PAY MARKET/au Wowma!
- Yodobashi camera
Key attributes:
Report properties | detail |
Number of pages | 46 |
forecast period | 2023-2028 |
Estimated market value in 2023 (USD) | $155.5 billion |
Forecast market value by 2028 (USD) | $223.2 billion |
CAGR | 7.5% |
Coverage area | Japan |
Key topics covered:
- executive Summary
- Japan retail market forecast, 2023-28
- Japan retail market growth rate
- Total retail sales by category in 2023
- Total retail sales CAGR 2023-28 (by category)
- Popular product categories purchased online
- Preferred payment method
- Forecast of the total number of online buyers from 2023-28
- Online Buyers in 2023 by Category
- Online retail sales forecast 2023-28
- Japan’s online retail market growth rate
- Online retail sales in 2023 by category
- Online retail sales as a percentage of total retail sales (by category) in 2023
- Online retail sales growth by category
- Spend per online buyer
- Online retail spending per buyer in 2023 by category
- Total online retail sales – B2C and C2C
- Total online retail sales by mobile and desktop devices
- Online retail market share in 2023
- E-commerce Revenue of Major Players
- Rakuten
- Amazon Japan
- Yahoo Shopping Domestic Transactions
- Yahoo shopping reuse business
- Sasa
- To be purchased
For more information about this report, please visit https://www.researchandmarkets.com/r/psqnnc
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Japanese online retail market