The global subscription e-commerce market is forecast to grow at a compound annual growth rate (CAGR) of more than 75% during the forecast period from 2022-2030.
A subscription box or subscription-based business model refers to a continuous supply of products as a type of distribution and marketing strategy. This company aims to meet the needs of a wide range of customers and match their specific specifications with its portfolio and is forecast to continue growing by double-digits for a few more years. In addition, there are probably 400 to 600 different types of subscription boxes available within the United States and more overseas. Their goal is to offer consumers an easy, customized, and affordable way to purchase their products based on their preferences.
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Factors Affecting
- The constant growth of the world’s population, combined with a simultaneous increase in disposable income and the changing lifestyle of its young people, is expected to lead to a drop-in demand for subscription-based services in the years to come.
- In the subscription e-commerce market, high churn rates, a high cancellation rate, and a lack of awareness among the developing nations are significant obstacles to growth. Furthermore, overbuying issues, privacy and security concerns, unclear value, and unclear return policies hinder the market’s growth.
- Increasing startups have emerged that offer feminine products and cosmetics, along with jewelry and accessories, which has led to a substantial boost in the market.
Regional Overview
Globally, North America dominates subscription e-commerce. Due to the numerous subscription-based companies in North America and the awareness of subscription-based services in developed countries like the United States, the regional market is growing rapidly.
A primary factor driving market growth is the widespread adoption of subscription-based services in the United States. In addition, several emerging players have established themselves in the industry. Globalization also influences the growth of the market due to changes in lifestyle and busy schedules.
Leading Companies
The leading prominent companies in the global subscription e-commerce market are:
- Dollar Shave Club, Inc. (U.S.)
- Blue Apron Holdings, Inc. (U.S.)
- Personalized Beauty Discovery, Inc. (Ipsy) (U.S.)
- Hello Fresh (Germany)
- Edgewell Personal Care and Harry’s, Inc. (U.S.)
- PetSmart, Inc. (U.S.)
- Netflix (U.S.)
- Flintobox (India)
- Nature Delivered Ltd (Graze) (U.K.)
- The Walt Disney Company (U.S.)
- Other Prominent Players
Scope of the Report
The global subscription e-commerce market segmentation focuses on Applications, End-Users, Payment Mode, and Region.
Segmentation based on Application
- Beauty and Personal Care
- Food and Beverage
- Clothing and Fashion
- Entertainment
- Health and Fitness
- Others
Segmentation based on End-User
- Women
- Men
- Kids
Segmentation based on Payment Mode
- Online Mode
- Offline Mode
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Subscription E-Commerce Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Subscription E-Commerce market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Subscription E-Commerce Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Subscription E-Commerce market Size Forecast (2023-2032).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Subscription E-Commerce market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Subscription E-Commerce market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Subscription E-Commerce market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Subscription E-Commerce business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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