Global Subscription E-Commerce Market size was valued US$ XX Mn. in 2019 and is expected to grow at a CAGR of 65.50% over 2020-2027, to account for US$ XXMn. in 2027.
The report covers an in-depth analysis of COVID 19 pandemic impact on Global Subscription E-CommerceMarket by region and on the key players’ revenue affected till July 2020 and expected short term and long-term impact on the market.
Subscription e-commerce, led by start-ups such as Blue Apron meal kits, Stitch Fix personal styling and Dollar Shave Club, is a fast-growing new way of buying online. Subscription E-commerce includes subscription-based online streaming services. These services offer consumers unlimited access to the company’s streaming services for a yearly or monthly payment.
Global Subscription E-Commerce Market
The global subscription e-commerce market is estimated to witness lucrative growth over 2020-2027. Several factors, including growing young and working population, increasing investments by many start-ups, the proliferation of smartphones and accelerating disposable income are anticipated to drive the market during the forecast period.For instance, venture investors have been successful in raising nearly US$ 3 million in the last 5 years. With the growing regular demand of various services and product for daily use, subscription e-commerce business models have to provide a sensible alternative to massive online shopper base, as its proposal daily required products periodically rather than every single time. However, the bigger challenge facing subscription E-commerce players is churn. Churn can damage their viability since the cost of substituting lost subscribers could not only make it difficult to meet their growth objectives but also rapidly drain their cash assets. Similarly, The MMR report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the subscription e-commerce market during 2020-2027
The MMR report covers all segments in the subscription e-commerce market such as payment mode, application, and end-user. Based on end-users, women segment is expected to reach US$ XX.53 Mn. by 2027 at a CAGR of XX.37% over the forecast period. The global market for subscription E-commerce is mainly dominated by women, i.e. ~45% of women shoppers have subscribed to at least one E-commerce service whereas ~40% of men shoppers subscribed for the same.
By payment mode, the online segment held the largest market share of XX.20% in 2019 and is projected to reach US$ XX Mn. by 2027. This growth is attributed to the increasing scope of payment wallets, cashless and digitization economy. Online payment mode is reliable, easy, and provides convenience to recurring payments, which suits buyers to adopt such payment mode while choosing for these services.
North America region is expected to hold the largest XX.54% growth rate during the forecast period thanks to increasing use of subscriptions among millennia’s and growing popularity of online streaming services. Continued changing customer habits has lured most of the Americans to check out a number of subscription boxes of diverse kinds from popular sectors ranging from beauty, food, fashion, grooming and pet products. Also, with over 70% of the subscription-based companies based in the USA and internet services growing endlessly, North America subscription E-commerce market has raised remarkably.
The U.S. dominated the market, with market size of US$ XX Mn. in 2019 and to reach US$ XX Mn. by 2027, with a CAGR of XX.89%. The U.S E-commerce grows 44% in 2020. Online spending signified 21.3% of total retail sales for the year, as per the Digital Commerce 360 estimations. Amazon accounted for nearly a third of all E-commerce in the U.S.
Global Subscription E-Commerce Market1
The competitive landscape section in the subscription e-commerce market offers a deep dive into the profiles of the leading companies operating in the global market landscape. It offers captivating insights on the key developments, differential strategies, and other crucial aspects about the key players having a stronghold in the subscription e-commerce market.
Global Subscription E-Commerce Market2
The objective of the report is to present a comprehensive analysis of the Global Subscription E-Commerce Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Subscription E-Commerce Market dynamics, structure by analyzing the market segments and project the Global Subscription E-Commerce Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Subscription E-Commerce Market make the report investor’s guide.
Scope of the Global Subscription E-Commerce Market
Global Subscription E-Commerce Market, by Payment Mode
Global Subscription E-Commerce Market, by Application
• Beauty and Personal Care
• Food and Beverage
• Clothing and Fashion
• Health and Fitness
Global Subscription E-Commerce Market, by End Users
Global Subscription E-Commerce Market, By Region
• Asia Pacific
• North America
• South America
• Middle East & Africa
Key players operating in the Global Subscription E-Commerce Market
• Dollar Shave Club, Inc.
• Amazon.com, Inc.
• Blue Apron Holdings Inc.
• Hello Fresh
• Edgewell Personal Care (Harry’s)
• Personalized Beauty Discovery, Inc (Ipsy)
• PetSmart Inc
• Nature Delivered ltd
• The Walt Disney Company Ltd.
• Brich Box
• Sphora play
Maximize Market Research provides B2B and B2C market research on
20,000 high growth emerging technologies & opportunities in Chemical,
Healthcare, Pharmaceuticals, Electronics & Communications, Internet of
Things, Food and Beverages, Aerospace and Defense and other