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Global Subscription E-Commerce Market is expected to reach US$ 478 Bn by 2025|CAGR: 68%| UnivDatos Market Insights
Over the last few years, . Today, consumers are demanding products & services that are customized, seamless & flexible. Subscription e-commerce model allowing the subscription service to meet different customer criteria. Witnessing the current subscription e-commerce market, one can say that it is no longer limited to magazines and newspapers only, it has widespread its network to media, entertainment, consumer goods, enterprises, and so on. For instance: Netflix & Amazon Prime. According to the estimates,
https://univdatos.com/report/subscription-e-commerce-market-current-scenario-and-forecast-2019-2025
The subscription e-commerce industry is proving its resilience during these hard times. According to the estimates, the . .
https://univdatos.com/report/subscription-e-commerce-market-current-scenario-and-forecast-2019-2025
Over the last few years, it is found that nearly 15% of online shoppers have subscribed to some sort of e-commerce services.
The subscription e-commerce market is mainly dominated by women, i.e. nearly 45% of women shoppers have subscribed to at least one e-commerce service while 40% of men shoppers subscribed for the same. However, men shoppers outperformed women when having three or more active subscriptions - 42% vs. 28%, respectively.
https://univdatos.com/report/subscription-e-commerce-market-current-scenario-and-forecast-2019-2025
Global Subscription E-commerce Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
Beauty and personal care dominated the application segment of the global subscription e-commerce market and will grow at 67.2% CAGR during the analyzed period.
Amongst payment mode, online payment mode accounted for the largest share and is expected to grow at 68.1% CAGR during the forecast period 2019-2025. Online payment mode is easy, reliable, and offers convenience to recurring payments, which suits consumers to adopt such payment mode while opting for these services.
In 2019, women subscribers dominated the subscription e-commerce market with nearly 60% of the market share and it anticipated by 2025, the segment will garner US$ 246.6 billion of the market.
https://univdatos.com/report/subscription-e-commerce-market-current-scenario-and-forecast-2019-2025
Based on the estimation, North America dominated the subscription e-commerce market with nearly 70% of the market revenue in 2019. At the same time, the Asia-Pacific region is expected to grow at the highest CAGR over the forecast period owing to increasing internet penetration and consumer awareness regarding the benefits of subscription e-commerce products and services.
https://univdatos.com/report/subscription-e-commerce-market-current-scenario-and-forecast-2019-2025
The competitive landscape has been provided pointing out the position of the key market players in the market along with the market share that is held by major players. These players are constantly working on expanding the market reach through M&A's along with partnerships.
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