The Japan cross-border e-commerce market size is expected to reach USD 5.09 billion by 2030, expanding at a CAGR of 6.9% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. The significant traction achieved by the e-commerce industry over the past years is a testimony to how the internet has transformed the way goods and services are traded in the market. Several factors, including the increasing penetration of smartphones, access to high-speed internet, rising disposable incomes, and the growing user base of social media platforms, have helped the e-commerce industry gain increasing popularity across the globe over the years. Furthermore, by ensuring a safe and secured online platform to pay easily via payments gateway, banks and other market players have completely changed the shopping experience for customers.Request a free sample copy or view report summary: Japan Cross-border E-commerce Market
Japan Cross-border E-commerce Market Report Highlights
Online shopping is gaining momentum in the country owing to the simple nature of the online buying process as compared to traditional in-store shopping. In order to further simplify the shopping experience, several e-commerce websites have launched their own mobile applications to promote online shopping through mobile phones. Several foreign companies using e-commerce channels to reach Japanese businesses and customers are launching apps that support the Japanese language
Japan Cross-border E-commerce Market Segmentation
Grand View Research has segmented the Japan cross-border e-commerce market on the basis of platform, and application: