By 2030, the Indonesian e-commerce market was predicted to generate around 150 billion U.S. dollars in online retail sales, increasing from 65 billion U.S. dollars in 2024. By 2030, Indonesia was forecasted to account for over 40 percent of the Southeast Asian e-commerce market, likely due to a growing middle class and the increasing access to the internet. Other emerging markets include Malaysia, the Philippines, Thailand and Vietnam.
Omni-channel experiences through e-commerce With no doubt, e-commerce has been steadily growing with the emergence of numerous online retail brands and online marketplaces. Further, more and more fashion brands provide the option of browsing products on their online shop while consumers are shopping in the physical store, so the customer can check on size availability and order it for delivery to their homes or to the store. Given that, omni-channel experiences are highly relevant for offering the customer more convenience and to increase customer loyalty.
E-commerce market volume in Southeast Asia from 2022 to 2024, with forecasts to 2030, by country
(in billion U.S. dollars)
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Google. (November 5, 2024). E-commerce market volume in Southeast Asia from 2022 to 2024, with forecasts to 2030, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/647645/southeast-asia-ecommerce-market-size-country/?_fsi=Tb8PdRpv
Google. "E-commerce market volume in Southeast Asia from 2022 to 2024, with forecasts to 2030, by country (in billion U.S. dollars)." Chart. November 5, 2024. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/647645/southeast-asia-ecommerce-market-size-country/?_fsi=Tb8PdRpv
Google. (2024). E-commerce market volume in Southeast Asia from 2022 to 2024, with forecasts to 2030, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/647645/southeast-asia-ecommerce-market-size-country/?_fsi=Tb8PdRpv
Google. "E-commerce Market Volume in Southeast Asia from 2022 to 2024, with Forecasts to 2030, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Nov 2024, https://www.statista.com/statistics/647645/southeast-asia-ecommerce-market-size-country/?_fsi=Tb8PdRpv
Google, E-commerce market volume in Southeast Asia from 2022 to 2024, with forecasts to 2030, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/647645/southeast-asia-ecommerce-market-size-country/?_fsi=Tb8PdRpv (last visited December 07, 2024)
E-commerce market volume in Southeast Asia from 2022 to 2024, with forecasts to 2030, by country (in billion U.S. dollars) [Graph], Google, November 5, 2024. [Online]. Available: https://www.statista.com/statistics/647645/southeast-asia-ecommerce-market-size-country/?_fsi=Tb8PdRpv