Thailand and Colombia boast some of the highest percentages of social commerce buyers globally, with 91 percent of online shoppers in each country already making purchases through social media platforms in 2023. China closely followed with a 90 percent adoption rate, trailed by the United Arab Emirates and India.
A new era of online shopping
Social commerce has transformed the online retail landscape in recent years. Between 2018 and 2024, social media sales revenue increased nearly eightfold, reaching approximately 700 billion U.S. dollars. By 2025, social commerce is projected to account for 20 percent of global online sales. While this purchasing channel attracts consumers of all ages, millennials, followed by Gen Z, are the most prominent direct buyers on social media.
China: social commerce pioneer
China's social commerce has experienced rapid growth over the past decade. In 2014, the market's gross merchandise value (GMV) stood at 95 billion yuan. By 2022, this figure had skyrocketed to over 2.7 trillion yuan, showcasing the immense expansion in this sector. This exponential growth is partly attributed to the significant increase in the number of social commerce users. In 2022, China had about 880 million social shoppers, more than double the number recorded in 2016.
Percentage of online consumers buying from social networks in selected countries worldwide in 2023
The study was conducted in the following 18 countries: the United Kingdom, United States, France, Spain, China, Japan, Australia, Brazil, Argentina, Mexico, Colombia, India, Poland, United Arab Emirates, Netherlands, Germany, South Africa, and Thailand.
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Wunderman Thompson Commerce. (June 27, 2023). Percentage of online consumers buying from social networks in selected countries worldwide in 2023 [Graph]. In Statista. Retrieved November 01, 2024, from https://www.statista.com/statistics/1252481/social-buyers-worldwide-countries/
Wunderman Thompson Commerce. "Percentage of online consumers buying from social networks in selected countries worldwide in 2023." Chart. June 27, 2023. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/1252481/social-buyers-worldwide-countries/
Wunderman Thompson Commerce. (2023). Percentage of online consumers buying from social networks in selected countries worldwide in 2023. Statista. Statista Inc.. Accessed: November 01, 2024. https://www.statista.com/statistics/1252481/social-buyers-worldwide-countries/
Wunderman Thompson Commerce. "Percentage of Online Consumers Buying from Social Networks in Selected Countries Worldwide in 2023." Statista, Statista Inc., 27 Jun 2023, https://www.statista.com/statistics/1252481/social-buyers-worldwide-countries/
Wunderman Thompson Commerce, Percentage of online consumers buying from social networks in selected countries worldwide in 2023 Statista, https://www.statista.com/statistics/1252481/social-buyers-worldwide-countries/ (last visited November 01, 2024)
Percentage of online consumers buying from social networks in selected countries worldwide in 2023 [Graph], Wunderman Thompson Commerce, June 27, 2023. [Online]. Available: https://www.statista.com/statistics/1252481/social-buyers-worldwide-countries/