Brazil E-commerce Market to Grow over USD 71 billion by 2020 on the Back of Inclining Number of e-consumers: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “Brazil E-commerce Market Forecast to 2020” provides detailed overview on the E-commerce Market in Brazil and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for manufacturers, retailers, travel agencies, logistics providers and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future. Latin America News Brazil E-commerce market has been driven by the rise in the smartphone users, rising internet penetration, incline in population and personal disposable income of the people of Brazil and the improvement in logistics network to complement the demands from rising online purchases. Additionally, convenient payment option by installments has been influential in the growth of E-commerce industry in Brazil. Brazil is not only the biggest but also the most developed e-commerce markets in the Latin America. It has the fourth largest internet market globally with over 129.6 million internet users of the total population of 208 million, as of 2015. One of the major reasons for the growth of online sales of products and services is that consumers are turning to online retailers to conveniently choose from a wider assortment of products and services at better prices. The online medium of operation has also made it possible to set up stores without investing in the physical infrastructure required for retail stores. The e-commerce market in Brazil grew at a CAGR of 28.2% during the period 2010 to 2015. The number of e-commerce consumers has increased from 23.4 million in 2010 to 72.7 million in 2015 providing the impetus for the e-commerce market in Brazil. The major drivers of growth include growth of internet users, rising broadband penetration, lack of assortment in traditional stores, young and digitally savvy marketplace, highly connected Brazilian consumers, low return rate and high taxation rates on trade. The online retail market in Brazil has fared better than the online travel market in terms of GMV generated through online medium. As of 2015, large proportion of the total GMV of Brazil e-commerce market was generated by the online retail segment as compared to the second largest segment which is the online travel sector. Electronic products purchased online accounted for the highest share based on number of orders in 2015 amongst all product categories. Fashion and accessories, Cosmetics & perfumery, Books and magazines, Home & décor were some other product categories that generated bulk of the orders in 2015. Online travel agencies in Brazil have become more popular over the years due to the growing interest of consumers in both domestic and international travel, placing the country as the largest market for tourism in Latin America. One of the main reasons for the growth of the tourism market in Brazil over the years is the increase in the purchasing power of the lower social classes, which has allowed a large number of consumers to consider travelling long distances for the first time. Online mobility services accounted for the largest share in the Brazil online travel market. Convenience was the major factor behind the incline in online ticketing; these platforms help the consumer to book tickets conveniently at any place and any time. “Easy payment option in the form of multiple installments via credit cards, wide assortment of products and free product deliveries at comparatively cheaper prices has been influential in gaining consumer trust in online purchase of products and services. Implementation of faster product delivery can aid in improving the overall customer experience of e-consumers.”, according to the Research Analyst, Ken Research. Key Topics Covered in the Report: Brazil E-commerce Market Introduction and Size by Gross Merchandise Value Brazil Online Shopping Market Regulatory Environment for E-commerce Companies in Brazil Brazil retail ecommerce Sales Growth Drivers, Trends and Developments in Brazil E-commerce Market Brazil ecommerce Online Payment Issues and Challenges in Brazil E-commerce Market Brazil Online Travel Market Brazil Online Retail Market Introduction and Size by Gross Merchandise Value Brazil Online Retail Market Competitive Landscape of Major Players in Brazil Online Retail Market Brazil Ecommerce Trends Market Share of Major Players in Brazil Online Retail Market Brazil Ecommerce Market Brazil Online Retail Market Future Outlook and Projections, 2016-2020 Brazil Digital commerce Market Brazil Online Travel Market Introduction and Size by Gross Merchandise Volume Brazil Online Travel Market Segmentation Consumer Profiles in Brazil Online Travel Market Competitive Landscape of Major Players in Brazil Online Travel Market Brazil Ecommerce Market Size Brazil Online Travel Market Future Outlook and Projections, 2016-2020 Analyst Recommendations Macro Economic Factors impacting Brazil E-commerce Market To know more on coverage, click on the link below: https://www.kenresearch.com/technology-and-telecom/it-and-ites/brazil-ecommerce-market-forecast/52499-105.html Related Reports: https://www.kenresearch.com/technology-and-telecom/it-and-ites/south-korea-online-retail-market-report/695-105.html https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/global-online-retailing/48912-95.html https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/online-retailing-europe/48911-95.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Brazil B2C ecommerce Industry, Brazil Competition Ecommerce, Brazil Digital commerce Market, Brazil Ecommerce Developments, Brazil Ecommerce Future Trends, Brazil Ecommerce Logistics Market, Brazil Ecommerce Market, Brazil Ecommerce Market Forecast, Brazil Ecommerce Market Size, Brazil ecommerce Online Payment, Brazil Ecommerce Trends, Brazil Online Apparel footwear Sales, Brazil Online Retail Market, Brazil Online Shopping Market, Brazil Online Ticketing Market, Brazil Online Travel Market, Brazil retail ecommerce Sales, Online Fashion Market in Brazil