Subscription E-commerce Market Report:
The latest report published by IMARC Group, titled “Subscription E-commerce Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,″ offers a comprehensive analysis of the industry, which comprises insights on subscription E-commerce market share. 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 CAGR of 68.40% during 2022-2027.
Subscription-based services mainly refer to selling the product or service on a yearly or monthly recurring basis. The business model primarily aims to focus on customer retention over investment, wherein revenue is made in a way that the regular or existing consumer pays multiple payments to have prolonged access to a particular good or service. The main types of subscriptions in the subscription e-commerce include services, boxes, digital content, etc. This model is paid through online and offline modes and is used by women, men, and kids across the globe. As a result, subscription e-commerce finds widespread applications in beauty and personal care, clothing and fashion, entertainment, health and fitness, food and beverages, etc.
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The rising younger population across countries, the changing lifestyles of individuals, and the inflating disposable incomes are among the primary factors driving the subscription e-commerce market. Besides this, the emerging trend of online shopping, as it improves convenience, lowers travel costs, expands market space, decreases reliance on store visits, reduces overheads, provides detailed information about products and services, lessens costs, enables price comparisons, provides customer satisfaction, and the absence of crowds, is further augmenting the market growth.
Moreover, the growing popularity of subscription e-commerce platforms, such as Blue Apron Holdings, Netflix, Amazon.Com, Unilever (Dollar Shave Club), Personalized Beauty Discovery (Ipsy), PetSmart, Hello Fresh, Flintobox, Nature Delivered, The Walt Disney Company, Edgewell Personal Care (Harry’s), Birch Box, Sephora Play, etc., is also catalyzing the global market. Apart from this, the increasing penetration of the internet and the launch of various mobile applications by the leading companies are anticipated to propel the subscription e-commerce market over the forecasted period.
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.
- Service Subscription
- Subscription Box
- Digital Content Subscription
- Beauty and Personal Care
- Food and Beverage
- Clothing and Fashion
- Health and Fitness
- 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 (2016-2021)
- Market Outlook (2022-2027)
- 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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