Colombia's Social Commerce Sector Set for Explosive 27.0% CAGR, Forecasting $3.40 Billion GMV by 2028

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Sep 18, 2023, 10:15 ET

DUBLIN, Sept. 18, 2023 /PRNewswire/ -- The "Colombia Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

The social commerce industry in Colombia is gearing up for remarkable growth, with expectations of a 34.4% annual increase, reaching an impressive US$1.03 billion in 2023, according to a recent report by [Publisher Name].

The report forecasts a steady ascent for the social commerce sector throughout the forecast period, projecting a notable Compound Annual Growth Rate (CAGR) of 27.0% from 2023 to 2028. During this time, the Gross Merchandise Value (GMV) of social commerce in Colombia is poised to skyrocket from US$1.03 billion in 2023 to a substantial US$3.40 billion by 2028.

This comprehensive report offers an insightful data-centric analysis of the Colombian social commerce landscape, meticulously examining market opportunities and potential risks. It provides an extensive understanding of the market dynamics, size, forecasts, and statistical market share insights, boasting over 50 Key Performance Indicators (KPIs) tailored for the Colombian market.

The research methodology employed adheres to industry best practices and offers an impartial analysis through a proprietary analytics platform, granting readers an intricate view of burgeoning business prospects and investment opportunities.

Reasons to Buy:

In-depth Understanding of Social Commerce Market Dynamics: Understand market opportunities and key trends along with forecast (2019-2028).
Insights into Opportunity by end-use sectors: Get market dynamics by end-use sectors to assess emerging opportunity across various end-use sectors.
Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate social commerce strategy; assess market specific key trends, drivers, and risks in the industry.

Key Market Segments:

Colombia Ecommerce Industry Market Size and Future Growth Dynamics (2019-2028): Evaluating Key Performance Indicators (KPIs).

Colombia Social Commerce Industry Market Size and Future Growth Dynamics (2019-2028): Assessing Key Performance Indicators (KPIs).

Colombia Social Commerce Industry Market Size and Forecast by Retail Product Categories (2019-2028): Analyzing trends in:

Clothing & Footwear
Beauty and Personal Care
Food & Grocery
Appliances and Electronics
Home Improvement
Travel
Hospitality

Colombia Social Commerce Industry Market Size and Forecast by End Use Segment (2019-2028): Examining trends in:

Colombia Social Commerce Industry Market Size and Forecast by End Use Device (2019-2028): Evaluating mobile and desktop device trends.

Colombia Social Commerce Industry Market Size and Forecast by Location (2019-2028): Analyzing domestic and cross-border market trends.

Colombia Social Commerce Industry Market Size and Forecast by Location (2019-2028): Exploring market dynamics across Tier-1 Cities, Tier-2 Cities, and Tier-3 Cities.

Colombia Social Commerce Industry Market Size and Forecast by Payment Method (2019-2028): Examining payment methods, including:

Credit Card
Debit Card
Bank Transfer
Prepaid Card
Digital & Mobile Wallet
Other Digital Payment
Cash

Colombia Social Commerce Industry Market Size and Forecast by Platforms: Analyzing trends in:

Video Commerce
Social Network-Led Commerce
Social Reselling
Group Buying
Product Review Platforms

Colombia Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour (2022): Understanding market dynamics by:

Age
Income Level
Gender

The report equips businesses with an in-depth understanding of social commerce market dynamics, offering insights into emerging opportunities across various sectors. It enables the development of market-specific strategies, allowing businesses to identify growth segments, target precise opportunities, and assess key trends, drivers, and risks within the industry.

For more information about this report visit https://www.researchandmarkets.com/r/ekzlot

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