Subscription E-commerce Market Size Estimation, Industry Statistics and Business Overview 2023-2028

The latest report published by IMARC Group, titled “Subscription E-commerce Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on subscription E-commerce market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global subscription e-commerce market is expected to exhibit a growth rate (CAGR) of 65.5% during 2023-2028.

Subscription e-commerce is a business model in which customers subscribe to receive products or services regularly, usually monthly or quarterly. This model has gained popularity recently due to its convenience and cost-effectiveness for customers and businesses. In a subscription e-commerce model, customers sign up for a recurring payment plan to receive products or services regularly. These products range from beauty and personal care items to food, snacks, pet supplies, and clothing. Customers enjoy the convenience of not having to reorder products and receiving them on a regular schedule without having to leave their homes. For businesses, subscription e-commerce provides predictable revenue streams, increased customer loyalty, and reduced marketing costs since they don't have to acquire new customers constantly. It also allows for more efficient inventory management and helps to reduce waste since products are sent out only when needed.

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Market Trends:

The global market is majorly driven by the increasing adoption of e-commerce. In line with this, rising internet penetration and mobile device usage are significantly contributing to the market growth. Furthermore, the escalating use of subscriptions among millennials and rapid urbanization are positively influencing the market. Apart from this, the low cost of subscription boxes and inflating disposable incomes of individuals are catalyzing the market. Moreover, the increasing influence of social media platforms and celebrity endorsements on consumer lifestyles are acting as growth-inducing factors. Besides, the rising consumer inclination toward personalized shopping and curated items is propelling the market. Additionally, the introduction of free product trials by luxury brands to promote the adoption of subscription services is expected to bolster the market.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• com Inc.
• Blue Apron Holdings
• Dollar Shave Club
• Farmhouse Delivery
• Netflix Inc.
• Personalized Beauty Discovery Inc

Subscription E-commerce Market Segmentation:

Our report has categorized the market based on region, subscription type, application, payment mode and end user.

Breakup by Subscription Type:

• Service Subscription
• Subscription Box
• Digital Content Subscription
• Others

Breakup by Application:

• Beauty and Personal Care
• Food and Beverage
• Clothing and Fashion
• Entertainment
• Health and Fitness

Breakup by Payment Mode:

• Online
• Offline

Breakup by End User:

• Women
• Men
• Kids

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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