Summary:

• The global cross-border B2C e-commerce market size reached US$ 1,220.5 Billion in 2023.
• The market is expected to reach US$ 8,071.1 Billion by 2032, exhibiting a growth rate (CAGR) of 23.36% during 2024-2032.
• Asia Pacific leads the market, accounting for the largest cross-border B2C e-commerce market share.
• Apparel and accessories accounts for the majority of the market share in the category segment as they offer a wide range of apparel and accessories. 
• Assorted brand holds the largest share in the cross-border B2C e-commerce industry.
• Credit/debit cards remain a dominant payment method in the market, owing to their security features and ease of use.
• Based on the end user, the market has been divided into adults, teenagers/millennial, senior citizens, and others.
• The rising utilization of smartphones across the globe is a primary driver of the cross-border B2C e-commerce market.
• Technological advancements and the introduction of efficient shipping solutions are reshaping the cross-border B2C e-commerce market.