Booming Growth: Taiwan’s Social Commerce Sector Set to Reach $1.92 Billion in 2023, Unveiling Lucrative Prospects – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Taiwan Social Commerce Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering.

The social commerce industry in Taiwan is experiencing substantial growth, with expectations to reach US$1.92 billion in 2023.

The report forecasts a steady expansion of the social commerce sector in Taiwan, with a Compound Annual Growth Rate (CAGR) of 27.6% expected during the period from 2023 to 2028.

By 2028, it is projected that the Gross Merchandise Value (GMV) in Taiwan’s social commerce market will reach US$6.51 billion.

The report offers a comprehensive data-centric analysis of Taiwan’s social commerce industry, providing insights into market opportunities and risks.

With over 50 key performance indicators (KPIs) specific to Taiwan, the report offers a detailed understanding of market dynamics, size, forecasts, and market share statistics.

Scope

The report covers various aspects of the social commerce industry in Taiwan, including:

1. Market Size and Growth Dynamics: The report analyzes the growth trajectory of the e-commerce and social commerce industries in Taiwan from 2019 to 2028.
2. Retail Product Categories: It provides market size and forecasts for social commerce in various retail product categories, including clothing & footwear, beauty and personal care, food & grocery, appliances and electronics, home improvement, travel, and hospitality.
3. End Use Segments: The report segments the social commerce market by end use, including B2B, B2C, and C2C.
4. End Use Devices: It analyzes market size and forecasts based on end use devices, such as mobile and desktop.
5. Location: The report examines the social commerce market based on location, including domestic and cross-border transactions, as well as tier-1, tier-2, and tier-3 cities.
6. Payment Method: It provides insights into payment methods used in social commerce transactions, including credit cards, debit cards, bank transfers, prepaid cards, digital and mobile wallets, other digital payments, and cash.
7. Platforms: The report covers various social commerce platforms, including video commerce, social network-led commerce, social reselling, group buying, and product review platforms.
8. Consumer Demographics & Behavior: It analyzes consumer demographics and behavior, including age, income level, and gender.

Reasons to Buy

The report offers several reasons for businesses and investors to consider:

1. Understanding Market Dynamics: Gain insights into market trends, opportunities, and forecasts in Taiwan’s social commerce industry.
2. Opportunity Assessment: Assess emerging opportunities across different end-use sectors within the social commerce market.
3. Market-Specific Strategies: Identify growth segments and formulate strategies to target specific opportunities in the social commerce industry, considering key trends, drivers, and risks.

For more information about this report visit https://www.researchandmarkets.com/r/xltqq4

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