State of E-Commerce in Southeast Asia Report 2023
Just like many other regions in the world, Southeast Asia (SEA)’s e-commerce growth took off at an accelerated pace in 2020.?By the end of 2023, the SEA region is expected to maintain its projected growth at 5.1% as compared with other markets such as the US (1.3%) and the EU (2.1%), according to Bain & Company and Meta’s latest?SYNC Southeast Asia report.
With such amazing growth, there is a huge opportunity for e-commerce brands that are looking to enter the Southeast Asian market. As with expanding into any new market, it is important for retailers to first understand the shopping behavior and preferences of consumers in that market.
With this in mind, let us delve deeper into the state of e-commerce and delivery performance of 3 Southeast Asian countries – Singapore, Indonesia and Malaysia – in this report. The key highlights are as follows:
E-Commerce Landscape in Southeast Asia
Eliminating Delivery Frustrations
Delivery Performance Breakdown by Country
For the full analysis, download the free report now (exclusive to Parcel Monitor members).
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