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The Central Asia E-commerce market grew at a CAGR of 42.9% during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 50.7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Electronic-commerce, commonly known as E-commerce, refers to the commercial transaction of goods or services over the internet. The transactions are primarily based on numerous business models, including business to business (B2B), business to customer (B2C), customer to business (C2B), and customer to customer (C2C). E-commerce platforms offer numerous benefits over the conventional brick-and-mortar retail solutions, such as reduced inventory cost, higher profit margins, various discounts, enhanced delivery of goods and services, etc. As a result, these platforms are extensively adopted across various sectors, such as travel and leisure, FMCG, consumer electronics, retail, financial services, etc.
In Central Asia, the rising internet connectivity coupled with the increasing penetration of smart devices is currently propelling the market for e-commerce. Furthermore, the growing adoption of e-commerce platforms by numerous business organizations for minimizing overhead operational costs, improving business efficiency, and expanding consumer base, is also driving the market growth in the region. Additionally, the rising consumer inclination towards online retail stores, particularly among the millennial population, for hassle-free shopping experience is further augmenting the demand for e-commerce platforms in Central Asia. Apart from this, the growing number of government policies to support domestic e-commerce-based startups and to improve logistics and postal services in the region is also propelling the market. The rising integration of e-commerce platforms with various advanced technologies, such as artificial intelligence, machine learning, cloud computing, etc., is further catalyzing the Central Asia market. In the coming years, several innovations in the point-of-sale terminals, mobile payment solutions, and app-based commercial platforms will continue to augment the E-commerce market in Central Asia.
IMARC Group provides an analysis of the key trends in each sub-segment of the Central Asia E-commerce market report, along with forecasts for growth at the regional and country level from 2021-2026. Our report has categorized the market based on product type, transaction and mode of payment.
Breakup by Product Type:
Breakup by Transaction:
Breakup by Payment Mode:
Breakup by Country:
The competitive landscape of the industry has also been examined with some of the key players being Air Astana JSC, Ali Express (Alibaba Group), Amazon.com Inc., Arba.uz, ChocoFamily Holding, eBay Inc., eSavdo, Kaspi Magazin (Kaspi.kz, AO), Kolesa.kz, Lamoda.kz, OLX Group (Naspers(Prosus)), Sulpak, Svetofor, Technodom.kz and Wildberries.
|Base Year of the Analysis||2020|
|Segment Coverage||Product Type, Transaction, Payment Mode, Country|
|Countries Covered||Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan|
|Companies Covered||Air Astana JSC, Ali Express (Alibaba Group), Amazon.com Inc., Arba.uz, ChocoFamily Holding, eBay Inc., eSavdo, Kaspi Magazin (Kaspi.kz, AO), Kolesa.kz, Lamoda.kz, OLX Group (Naspers(Prosus)), Sulpak, Svetofor, Technodom.kz and Wildberries|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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