“Global Cross-Border B2C E-Commerce 2015”, a new report by Hamburg-based secondary market research company yStats.com, unveils the great potential of cross-border online retail worldwide. According to the report, the value of purchases made directly by online shoppers across the national borders is predicted to see double-digit growth rates over the course of the next five years.
Cross-border B2C E-Commerce is expanding worldwide. It is projected to see accelerating growth rates until 2017 and then decline slightly, while still maintaining double-digit growth figures. Global online shoppers are motivated to buy directly from foreign online merchants due to better product availability and prices, while among the major hindrances to cross-border purchases are customs charges, higher shipping costs and longer delivery times. Clothing and footwear succeeded as the product category most purchased by cross-border online shoppers across all global regions last year.
This has been excerpted from the 18 August 2015 edition of openPR.com and is available in its entirety at:
http://www.openpr.com/news/314780/Global-Cross-Border-B2C-E-Commerce-Growing-at-Double-Digit-Rates.html