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The Peru E-commerce market is expected to exhibit a CAGR of 29% during 2022-2027. 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.
E-commerce represents the distribution, sale, purchase, marketing, and information supply of products or services via the Internet. These transactions occur through several business models, such as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), and others. E-commerce offers numerous benefits, including global reach, higher profit margins, various discounts, faster delivery of goods and services, lower inventory and transaction costs, etc. It also assists businesses with information management by digitalizing the business process. As a result, e-commerce platforms are extensively adopted across various industries, such as home appliances and electronics, clothing and footwear, beauty and personal care, groceries, books, etc.
The growing internet penetration and the increasing utilization of smartphones are primarily driving the Peru e-commerce market. Furthermore, the rising inclination of several organizations towards e-commerce solutions for minimizing overhead operational costs and improving business efficiency is creating a positive outlook for the market. Additionally, the introduction of digitalization trends in the retail industry for enhancing product sales and reaching out to a large consumer base is also catalyzing the demand for e-commerce platforms. Moreover, the shifting consumer preferences toward online shopping, especially among the millennial population, for door-step delivery, express shipping, numerous discount and cashback offers, etc., are further bolstering the regional market. In line with this, the growing influence of social networking platforms and celebrity endorsements on purchasing decisions is also acting as a significant growth-inducing factor. Additionally, the rising integration of e-commerce platforms with several advanced technologies, including artificial intelligence, predictive analytics, cloud computing, etc., is further augmenting the regional market. Apart from this, the increasing number of government policies to support domestic e-commerce-based startups and improve logistics services in the country is creating lucrative growth opportunities for the e-commerce market. Moreover, the inflating penetration of various international e-commerce companies leading to various innovations in point-of-sale terminals, app-based commercial platforms, and mobile payment solutions will continue to drive the Peru e-commerce market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the Peru E-commerce market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, transaction and payment mode.
Breakup by Product Type:
Breakup by Transaction:
Breakup by Payment Mode:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being Amazon.com, Inc., Linio International Marketplace, Mercado Libre, Oechsle, OLX, Platanitos, Plazavea, Ripley, Rosatel and S.A.C.I.Falabella.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Transaction, Payment Mode, Region|
|Region Covered||Costa, Sierra, Amazonia|
|Companies Covered||Amazon.com, Inc., Linio International Marketplace, Mercado Libre, Oechsle, OLX, Platanitos, Plazavea, Ripley, Rosatel and S.A.C.I.Falabella.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|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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