2015 Retail Sales In The Asia Pacific Region Have Increased Significantly.

In 2015, retail e-commerce sales in the Asia Pacific region reached US $877 billion 610 million, an annual increase of 35.7%.

For the first time, the region is no longer the only largest network in the world.

However, Asia Pacific network retail accounts for 52.5% of the world's total, the first time more than 50%.

The rapid development of the Asia Pacific region is partly due to China,

With the rise of the middle class in Indonesia and the popularity of mobile devices, more and more people are going online.

Online retail sales are growing faster than other regions, 10 percentage points faster than the global average.

China, India and Indonesia were the motors of the region, while the latter two increased by 129.5% and 65.6% respectively in 2015.

In the retail market shift to network share, the Asia Pacific region also leads the rest of the world.

Retail e-commerce now accounts for 10.2% of retail sales in the Asia Pacific region and will reach 20.4% by 2019.

The global average is 7.4%, and it will reach 12.8% by 2019.

EMarketer predicts that retail sales in the Asia Pacific region will reach 85700 billion dollars this year.

The retail market in the region continues to grow and will reach 114600 billion US dollars in 2019, accounting for 20.4% of global retail sales.

China accounted for 40% of global retail e-commerce sales in 2015, an annual increase of 5%.

China will continue to maintain the largest share of the global market, which will exceed 50% in 2018 and 55.1% in 2019.

E-commerce is the main driving force for China's retail sales growth.