Latest news with #MarketIntelligenceandFutureGrowthDynamicsDatabook
Yahoo
3 days ago
- Business
- Yahoo
Switzerland Social Commerce Market Databook 2025: 50+ KPIs on End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics 2021-2030
Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "Switzerland Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update" report has been added to social commerce market in Switzerland is expected to grow by 13.2% on annual basis to reach US$3.24 billion in 2025. The social commerce market in the country experienced robust growth during 2021-2024, achieving a CAGR of 16.4%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 9.5% during 2025-2030. By the end of 2030, the social commerce sector is projected to expand from its 2024 value of USD 2.86 billion to approximately USD 5.10 report provides a detailed data-centric analysis of the social commerce sector in Switzerland, covering market opportunities and risks across a range of retail categories. With over 50+ KPIs at the country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share social commerce sector is poised for significant growth, driven by integrating e-commerce features into social media platforms, the rise of influencer partnerships, and the adoption of integrated payment solutions. These trends are reshaping retail, offering consumers more convenient and personalized shopping experiences. Over the next 2-4 years, businesses that effectively leverage these trends will likely see increased consumer engagement and sales. However, staying attuned to evolving consumer preferences and technological advancements will be crucial for sustained success in this dynamic market. Integration of E-commerce Features into Social Media Platforms Social media platforms in Switzerland are increasingly transforming into full-fledged e-commerce channels, allowing users to purchase products directly within the apps. With approximately 35% of Swiss online shoppers making purchasing decisions through social media, businesses are capitalizing on this shift to enhance their digital sales strategies. The seamless integration of shopping features on platforms like Facebook and Instagram makes it easier for consumers to discover and buy products without leaving their preferred social networks. The strong digital infrastructure in Switzerland, with 99.3% of the population actively online, has created an ideal environment for social commerce to thrive. The widespread use of social media across different demographics has enabled businesses to expand their market reach beyond traditional e-commerce platforms. By leveraging influencer marketing, targeted advertising, and interactive shopping tools, companies enhance consumer engagement and drive higher conversion rates. Over the next 2-4 years, the role of social commerce in Switzerland is expected to grow significantly. More businesses will integrate in-app purchasing and AI-driven product recommendations to personalize the shopping experience. As consumer behavior shifts toward digital-first transactions, brands that effectively leverage social media as a direct sales channel will strengthen their competitive position in the Swiss e-commerce landscape. Growth of Influencer Partnerships Influencer partnerships are becoming a key component of social commerce in Switzerland, with brands increasingly collaborating with social media personalities to promote their products. These influencers use their established credibility and loyal follower base to create trust-driven marketing campaigns that resonate with Swiss consumers. This trend is particularly prominent in the fashion, beauty, and lifestyle industries, where personalized recommendations significantly influence purchasing decisions. The rise of influencer marketing is driven by Swiss consumers' trust in content creators they follow. Unlike traditional advertisements, influencer endorsements feel more personal and authentic, making them more effective in driving consumer engagement. Brands recognize this impact and invest heavily in partnerships with macro- and micro-influencers on platforms like Instagram, TikTok, and YouTube to reach highly engaged audiences. Over the next 2-4 years, influencer marketing in Switzerland is expected to become more data-driven and performance-focused. Micro-influencer growth will allow brands to target niche audiences with more personalized campaigns while optimizing costs. Additionally, brands will integrate influencer collaborations with live commerce and AI-powered analytics to measure impact and drive higher conversion rates through strategic social media engagement. Adoption of Integrated Payment Solutions The integration of seamless payment solutions within social media platforms enhances the social commerce experience in Switzerland by streamlining the purchasing process. Platforms like Facebook and Instagram now offer in-app payment systems, allowing consumers to complete transactions without being redirected to external websites. This frictionless checkout process reduces abandonment rates and makes social media a more effective direct sales channel for businesses. The demand for secure and convenient payment options is a key driver of this trend, as Swiss consumers increasingly prefer digital transactions over traditional payment methods. Integrated payment solutions simplify the buying experience by offering one-click purchases, mobile wallet compatibility, and encrypted transactions. Businesses adopting these systems can provide a more seamless user experience, leading to higher conversion rates and greater consumer trust in social commerce. Over the next 2-4 years, integrated payment solutions will become Switzerland's standard social commerce feature. Consumers expect quick, secure, and hassle-free transactions, prompting more businesses to integrate these systems into their sales channels. As digital payments evolve, companies that invest in seamless payment infrastructures will likely see increased customer retention and stronger brand loyalty. Key Players and New Entrants Established e-commerce platforms such as Digitec Galaxus and have a strong presence in the Swiss market. In addition, social media platforms like Facebook and Instagram have emerged as significant players in social commerce, offering integrated shopping features that allow users to purchase products directly within the apps. New entrants are also making their mark by introducing innovative solutions tailored to the Swiss market. For instance, local startups are developing niche social commerce platforms catering to specific consumer segments, enriching the competitive landscape. Recent Launches, Mergers, and Acquisitions The Swiss mergers and acquisitions (M&A) landscape has been active, focusing on technology and consumer sectors. According to a report by Lexology, there has been a notable increase in M&A activities in Switzerland, particularly in the technology sector. While specific partnerships or acquisitions in the social commerce segment have not been prominently reported in the past year, the overall M&A environment remains dynamic. Companies are exploring strategic alliances to enhance their competitive positions and expand their reach in this evolving sector. Outlook The competitive landscape of social commerce in Switzerland is anticipated to become more intense in the coming years. Established players are expected to enhance their platforms with advanced features such as augmented reality shopping and personalized recommendations to retain and grow their user bases. New entrants will likely continue to emerge, bringing innovative solutions and targeting specific consumer segments. Additionally, strategic partnerships and potential mergers or acquisitions may reshape the market structure as companies seek to consolidate resources and expand their capabilities to stay competitive. Regulatory Changes In the past year, Switzerland has seen discussions around stricter merger control regulations, particularly concerning big tech companies. The Swiss Competition Commission (COMCO) has been advocating for a call-in power to review mergers that do not meet the traditional turnover thresholds, aiming to scrutinize acquisitions by major technology firms more effectively. Additionally, there is a growing movement to regulate social media usage among younger populations, reflecting concerns over data privacy and national security. If enacted, such regulations could significantly impact businesses that rely on these platforms for social commerce activities, necessitating adjustments in marketing strategies and platform utilization. ScopeSwitzerland Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2021-2030 Switzerland Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2021-2030 Switzerland Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2021-2030 Clothing & Footwear Beauty and Personal Care Food & Grocery Appliances and Electronics Home Improvement Travel Hospitality Switzerland Social Commerce Industry Market Size and Forecast by End Use Consumer Segment, 2021-2030 B2B B2C C2C Switzerland Social Commerce Industry Market Size and Forecast by End Use Device, 2021-2030 Mobile Desktop Switzerland Social Commerce Industry Market Size and Forecast by Location, 2021-2030 Domestic Cross Border Switzerland Social Commerce Industry Market Size and Forecast by Location, 2021-2030 Tier-1 Cities Tier-2 Cities Tier-3 Cities Switzerland Social Commerce Industry Market Size and Forecast by Payment Method, 2021-2030 Credit Card Debit Card Bank Transfer Prepaid Card Digital & Mobile Wallet Other Digital Payment Cash Switzerland Social Commerce Industry Market Size and Forecast by Platforms Video Commerce Social Network-Led Commerce Social Reselling Group Buying Product Review Platforms Switzerland Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour, 2024 By Age By Income Level By Gender Switzerland Social Commerce Market Share by Key Players, 2024Companies Featured Facebook Instagram YouTube ImmoScout24 Inyova For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
15-05-2025
- Business
- Yahoo
Chile Social Commerce Market Intelligence Report 2025-2030 Featuring Facebook, Instagram, ESCAPESwithYOU, 360, and Fantastic
This report provides a detailed data-centric analysis of the social commerce sector in Chile, covering market opportunities and risks across a range of retail categories. With over 50+ KPIs at the country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share statistics. It breaks down market opportunities in the social commerce sector by type of domestic vs cross-border, type of social platform, type of payment method, business model, end-use consumer segment, and type of city. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics. Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "Chile Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update" report has been added to social commerce market in Chile is expected to grow by 16.1% on annual basis to reach US$1.02 billion in social commerce market in the country experienced robust growth during 2021-2024, achieving a CAGR of 24.5%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 11.4% during 2025-2030. By the end of 2030, the social commerce sector is projected to expand from its 2024 value of USD 886.3 million to approximately USD 1.76 billion. Reasons to buy Insights on Strategy & Innovation: Navigate through future direction of the social commerce industry market by understanding strategic initiatives taken by key players to gain market share and innovation. In-depth Understanding of Social Commerce Market Dynamics in Chile: Understand emerging opportunities and future direction of the social commerce market, key drivers, and trends. Benefit from a detailed market segmentation with 50+ KPIs. Value and Volume KPIs for Accurate Understanding: Value and volume key performance indicators (KPIs) help in developing an accurate understanding of market dynamics. Gain comprehensive insights with this report, featuring Chile's detailed report encompassing 44 tables and 57 charts, providing in-depth country-level analysis to support strategic decision-making. Competitive Landscape: Get a snapshot of competitive landscape in social commerce sector with key players and market share in Chile. Formulate your strategy by gaining insights into the current structure of the market. Develop Strategies to Gain Market Share: Create and fine tune your targeting strategy in the social commerce sector, identify growth categories and target specific segments across the value chain; evaluate important trends and risks unique to your market. Deeper Understanding of Consumer Behaviour: Increase ROI by understanding how consumer attitudes and behaviours are evolving. Get a detailed view on retail spending dynamics across consumer segments in social commerce sector. ScopeChile Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2021-2030 Chile Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2021-2030 Chile Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2021-2030 Clothing & Footwear Beauty and Personal Care Food & Grocery Appliances and Electronics Home Improvement Travel Hospitality Chile Social Commerce Industry Market Size and Forecast by End Use Consumer Segment, 2021-2030 B2B B2C C2C Chile Social Commerce Industry Market Size and Forecast by End Use Device, 2021-2030 Mobile Desktop Chile Social Commerce Industry Market Size and Forecast by Location, 2021-2030 Domestic Cross Border Chile Social Commerce Industry Market Size and Forecast by Location, 2021-2030 Tier-1 Cities Tier-2 Cities Tier-3 Cities Chile Social Commerce Industry Market Size and Forecast by Payment Method, 2021-2030 Credit Card Debit Card Bank Transfer Prepaid Card Digital & Mobile Wallet Other Digital Payment Cash Chile Social Commerce Industry Market Size and Forecast by Platforms Video Commerce Social Network-Led Commerce Social Reselling Group Buying Product Review Platforms Chile Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour, 2024 By Age By Income Level By Gender Chile Social Commerce Market Share by Key Players, 2024 Facebook Instagram ESCAPESwithYOU 360 Fantastic For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
15-05-2025
- Business
- Yahoo
Austria Social Commerce Market Intelligence Report 2025-2030 Featuring Facebook, Instagram, Shopify, Refurbed, wikifolio, kyddo, snooopit
This report provides a detailed data-centric analysis of the social commerce sector in Austria, covering market opportunities and risks across a range of retail categories. With over 50+ KPIs at the country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share statistics. It breaks down market opportunities in the social commerce sector by type of domestic vs cross-border, type of social platform, type of payment method, business model, end-use consumer segment, and type of city. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics. Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "Austria Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update" report has been added to social commerce market in Austria is expected to grow by 12.5% on annual basis to reach US$1.18 billion in social commerce market in the country experienced robust growth during 2021-2024, achieving a CAGR of 18.1%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 9.0% during 2025-2030. By the end of 2030, the social commerce sector is projected to expand from its 2024 value of USD 1.04 billion to approximately USD 1.81 billion. Reasons to buy Insights on Strategy & Innovation: Navigate through future direction of the social commerce industry market by understanding strategic initiatives taken by key players to gain market share and innovation. In-depth Understanding of Social Commerce Market Dynamics in Austria: Understand emerging opportunities and future direction of the social commerce market, key drivers, and trends. Benefit from a detailed market segmentation with 50+ KPIs. Value and Volume KPIs for Accurate Understanding: Value and volume key performance indicators (KPIs) help in developing an accurate understanding of market dynamics. Gain comprehensive insights with this report, featuring Austria's detailed report encompassing 44 tables and 57 charts, providing in-depth country-level analysis to support strategic decision-making. Competitive Landscape: Get a snapshot of competitive landscape in social commerce sector with key players and market share in Austria. Formulate your strategy by gaining insights into the current structure of the market. Develop Strategies to Gain Market Share: Create and fine tune your targeting strategy in the social commerce sector, identify growth categories and target specific segments across the value chain; evaluate important trends and risks unique to your market. Deeper Understanding of Consumer Behaviour: Increase ROI by understanding how consumer attitudes and behaviours are evolving. Get a detailed view on retail spending dynamics across consumer segments in social commerce sector. ScopeAustria Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2021-2030 Austria Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2021-2030 Austria Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2021-2030 Clothing & Footwear Beauty and Personal Care Food & Grocery Appliances and Electronics Home Improvement Travel Hospitality Austria Social Commerce Industry Market Size and Forecast by End Use Consumer Segment, 2021-2030 B2B B2C C2C Austria Social Commerce Industry Market Size and Forecast by End Use Device, 2021-2030 Mobile Desktop Austria Social Commerce Industry Market Size and Forecast by Location, 2021-2030 Domestic Cross Border Austria Social Commerce Industry Market Size and Forecast by Location, 2021-2030 Tier-1 Cities Tier-2 Cities Tier-3 Cities Austria Social Commerce Industry Market Size and Forecast by Payment Method, 2021-2030 Credit Card Debit Card Bank Transfer Prepaid Card Digital & Mobile Wallet Other Digital Payment Cash Austria Social Commerce Industry Market Size and Forecast by Platforms Video Commerce Social Network-Led Commerce Social Reselling Group Buying Product Review Platforms Austria Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour, 2024 By Age By Income Level By Gender Austria Social Commerce Market Share by Key Players, 2024 Facebook Instagram Shopify Refurbed wikifolio kyddo snooopit For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
South Africa Social Commerce Intelligence Report 2025: Market to Grow by 35.2% to Reach $1.54 Billion this Year - Future Growth Dynamics to 2030
This report provides a detailed data-centric analysis of the social commerce sector in South Africa, covering market opportunities and risks across a range of retail categories. With over 50+ KPIs at the country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share statistics. Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "South Africa Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update" report has been added to social commerce market in South Africa is expected to grow by 35.2% on annual basis to reach US$1.54 billion in 2025. The social commerce market in the country experienced robust growth during 2021-2024, achieving a CAGR of 51.0%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 19.9% during 2025-2030. By the end of 2030, the social commerce sector is projected to expand from its 2024 value of USD 1.14 billion to approximately USD 3.82 billion. South Africa's social commerce landscape is dynamic, characterized by rapid growth and increasing competition from local and international players. The entry of global giants such as Amazon and Shein is reshaping consumer expectations and market dynamics, compelling local businesses to innovate and enhance their digital developments, particularly those concerning taxation and online content, are set to influence the operational environment for social commerce platforms. Businesses must stay abreast of these changes to navigate the evolving landscape effectively and maintain competitiveness in this burgeoning market. The proliferation of smartphones and affordable data plans has facilitated greater access to social media platforms, enabling consumers to engage in social commerce seamlessly. Platforms such as Facebook, Instagram, and WhatsApp are commonly used by businesses to market and sell products directly to consumers, reflecting a shift towards more integrated online shopping experiences. Key InsightsSouth Africa's social commerce sector is undergoing rapid transformation, driven by increased internet penetration, the widespread adoption of smartphones, and the growing appeal of in-app shopping. Businesses are leveraging social media platforms to reach consumers directly, and this shift is expected to continue as digital commerce strategies become more sophisticated. The rise of influencer marketing and live shopping features further reinforces the sector's expansion, creating new opportunities for brands to engage with their target audiences in commerce in South Africa will likely see further investments in personalization and technology-driven engagement strategies. While influencer-led shopping and live commerce will continue to gain momentum, increased regulatory oversight could introduce compliance challenges for businesses. Companies that adapt to these evolving trends while maintaining transparency and innovation will be well-positioned to capitalize on South Africa's growing digital retail Growth of Social Commerce The widespread adoption of smartphones and increased internet connectivity have facilitated easier access to social media platforms. Additionally, the convenience of in-app shopping features and targeted advertising strategies have made it more appealing for consumers to shop directly through social media channels. As more consumers become comfortable with online shopping, especially through social media, businesses are likely to invest further in optimizing their social commerce strategies. This could lead to more personalized shopping experiences and the integration of advanced technologies to enhance user engagement. Rise of Social Media Influencers Influencer-led social commerce is gaining momentum in South Africa, with influencers using their platforms to promote and sell products directly to their followers. This trend leverages influencers' established trust with their audiences, making product recommendations feel more personal and credible. As a result, businesses are increasingly collaborating with influencers to enhance brand awareness and drive direct sales through social media platforms. The primary driver behind this trend is the perceived authenticity of influencer marketing compared to traditional advertising. Consumers are more likely to trust product recommendations from influencers they follow, leading to higher engagement and conversion rates. This has prompted brands to invest heavily in influencer partnerships, utilizing social media platforms such as Instagram, TikTok, and Facebook to reach targeted audiences. Over the next two to four years, influencer-led shopping is expected to become even more integral to brand strategies in South Africa. However, as the industry grows, regulatory bodies may impose stricter guidelines around paid promotions, transparency, and consumer protection. Businesses and influencers must navigate these potential regulatory changes while maintaining trust and engagement with their audiences. Integration of Live Shopping Features Live shopping events are becoming increasingly popular in South Africa's social commerce landscape, with retailers leveraging live broadcasts to showcase and sell products. This format allows businesses to create interactive shopping experiences, engaging consumers in real-time through demonstrations, Q&A sessions, and exclusive deals. Platforms such as Instagram, Facebook, and TikTok have become key channels for these events, helping brands connect directly with their audiences. The primary driver behind the rise of live shopping is the appeal of real-time interaction, which enhances consumer trust and engagement. Unlike traditional e-commerce, live shopping provides an opportunity for immediate feedback, allowing potential buyers to ask questions and see products in action before making a purchase. Retailers benefit from this model as it encourages impulse buying and fosters a sense of urgency through limited-time promotions and discounts. Over the next two to four years, live shopping is expected to become a core element of South African social commerce, with more brands incorporating it into their digital strategies. As the trend grows, businesses may invest in better live-streaming technologies, influencer collaborations, and interactive features to enhance the consumer experience. Those who successfully integrate live shopping into their sales strategy will likely see increased engagement and higher conversion rates in an increasingly digital retail environment. Key Players and New Entrants Local e-commerce giants such as Takealot have recognized the potential of social commerce and are leveraging social media channels to enhance their reach. Additionally, global players such as Amazon have entered the South African market, intensifying competition. Amazon's recent initiatives include opening a walk-in center in Cape Town to support independent sellers, indicating a strategic move to establish a strong foothold in the region. New entrants, including international fast-fashion retailer Shein, have also made significant inroads. Shein's pop-up store in Johannesburg attracted large crowds, highlighting the brand's growing popularity among South African consumers. This influx of global competitors reshapes the local social commerce landscape, prompting domestic retailers to innovate and adapt. Recent Launches, Mergers, and Acquisitions The competitive landscape has seen notable activities aimed at consolidation and expansion. For instance, Takealot is expanding into townships and rural areas by recruiting personal shoppers, a move designed to counter the growing presence of global rivals. This strategy broadens their customer base and enhances service delivery in underserved regions. Conversely, some players are scaling back operations. Jumia Technologies announced its exit from the South African market, citing complex macroeconomic factors and high competition as key reasons for this decision. This move underscores e-commerce platforms' challenges in maintaining profitability amidst intense competition. Outlook Over the next two to four years, South Africa's social commerce market is expected to continue its strong growth trajectory, driven by increasing smartphone adoption and evolving consumer behavior. Established platforms such as Facebook, Instagram, and WhatsApp will remain dominant, while local e-commerce giants such as Takealot will expand their reach through targeted investments. At the same time, international players such as Amazon and Shein will intensify competition, pushing domestic retailers to adopt innovative digital strategies to differentiate themselves in a rapidly evolving landscape. However, regulatory developments will be critical in shaping the competitive environment. The recently imposed 15% VAT on low-value imported parcels will impact international sellers, potentially shifting consumer demand towards locally sourced products. Additionally, forthcoming regulations on online harms and digital content moderation could affect how businesses operate on social media platforms. Companies that proactively adapt to these changes - while enhancing their engagement strategies and leveraging social commerce tools - will be best positioned to thrive in South Africa's expanding digital retail sector. Regulatory Changes South Africa has introduced regulatory measures affecting social commerce to support local industries. Notably, from September 1, 2024, the government imposed a 15% value-added tax (VAT) on low-value imported parcels, which were previously exempt. This change aims to level the playing field for domestic retailers competing against international e-commerce platforms. Additionally, a regulatory framework to address online harms and digital content moderation is being developed. The absence of comprehensive regulations in this area has prompted the government to consider measures that balance freedom of expression with the need to protect individuals from online harms, which could impact how social commerce platforms operate. Companies Featured Facebook Instagram atonzo For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Associated Press
14-05-2025
- Business
- Associated Press
Belgium Social Commerce Intelligence and Future Growth Report 2025: Market to Grow by 13.6% to Reach $2.49 Billion this Year - Forecasts to 2030
DUBLIN--(BUSINESS WIRE)--May 14, 2025-- The 'Belgium Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2025 Update' report has been added to offering. The social commerce market in Belgium is expected to grow by 13.6% on annual basis to reach US$2.49 billion in 2025. The social commerce market in the country experienced robust growth during 2021-2024, achieving a CAGR of 16.7%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 9.8% during 2025-2030. By the end of 2030, the social commerce sector is projected to expand from its 2024 value of USD 2.19 billion to approximately USD 3.99 billion. This report provides a detailed data-centric analysis of the social commerce sector in Belgium, covering market opportunities and risks across a range of retail categories. With over 50+ KPIs at the country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share statistics. It breaks down market opportunities in the social commerce sector by type of domestic vs cross-border, type of social platform, type of payment method, business model, end-use consumer segment, and type of city. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics. Reasons to buy Scope Belgium Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2021-2030 Belgium Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2021-2030 Belgium Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2021-2030 Belgium Social Commerce Industry Market Size and Forecast by End Use Consumer Segment, 2021-2030 Belgium Social Commerce Industry Market Size and Forecast by End Use Device, 2021-2030 Belgium Social Commerce Industry Market Size and Forecast by Location, 2021-2030 Belgium Social Commerce Industry Market Size and Forecast by Location, 2021-2030 Belgium Social Commerce Industry Market Size and Forecast by Payment Method, 2021-2030 Belgium Social Commerce Industry Market Size and Forecast by Platforms Belgium Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour, 2024 Belgium Social Commerce Market Share by Key Players, 2024 For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: BELGIUM EUROPE INDUSTRY KEYWORD: ONLINE RETAIL RETAIL COMMUNICATIONS TECHNOLOGY SOCIAL MEDIA ELECTRONIC COMMERCE SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 05/14/2025 11:50 AM/DISC: 05/14/2025 11:49 AM
