Global B2B E-Commerce Marketplaces Overview 2024 reveals that the U.S. B2B marketplace sector is projected to grow significantly, reaching a market value of over USD 8.5 trillion by 2030
Global Shift to Digital B2B Trade Channels
The report reveals a global movement towards digital B2B platforms, with businesses relying more on online marketplaces for procurement, efficiency, and international trade expansion. This trend is reinforced by regional developments as leading platforms adapt to market-specific demands.
Asia-Pacific and North America: Alibaba and Amazon Business at the Forefront
Alibaba.com dominates the B2B landscape in the Asia-Pacific, leveraging AI and secure payments to facilitate trade, while 1688.com connects Chinese manufacturers to SMEs. Together, they generated significant revenue, with Alibaba.com alone reaching nearly USD 130 billion in 2023. In North America, Amazon Business leads with over USD 30 billion in sales in 2023 and projections of exceeding USD 65 billion by 2026.
Europe and Latin America: Rise of Vertical Marketplaces and SME Empowerment
Europe's B2B marketplace is growing rapidly, featuring over 250 active platforms, including verticals like ManoMano and Scoutbee. Latin America’s B2B sector is also expanding, with platforms like Nocnoc and Meru helping SMEs enter global markets; 80% of B2B transactions are expected to occur online by 2024 due to AI and automation.
Middle East & Africa: Digital Growth and Investor Interest
B2B E-Commerce in the Middle East and Africa is expanding quickly, led by platforms like Tradeling in the UAE and Sarafu in East Africa. This growth is driven by government initiatives and increased digital adoption, with rising investor interest in foodtech and fintech startups.
Countries Covered:
- China
- India
- Japan
- South Korea
- Australia
- Thailand
- Indonesia
- U.S.
- UK
- Germany
- France
- Netherlands
- Brazil
- UAE
Questions Covered:
- What is the share of global B2B buyers preferring manufacturer marketplaces over general-purpose platforms in 2024?
- What are the key trends influencing B2B E-Commerce marketplaces in Europe in 2024?
- What is the projected market value of B2B E-Commerce in the U.S. by 2030?
- What percentage of B2B transactions is expected to occur online in Latin America by 2024?
- Which platforms are leading the B2B marketplace landscape in the MENA region?
Table of Contents
1. Key Takeaways2. Management Summary
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alibaba
- AliExpress
- 1688
- Tmall
- Joybuy
- Global Sources
- Made-in-China
- DHGate
- China.cn
- HKTDC
- Amazon Business
- eBay
- eWorldTrade
- BigBuy
- Cdiscount
- Allegro
- Scoutbee
- TBAuctions
- Surplex
- Ankorstore
- Comexposium
- Zalando
- Qogita
- Mercateo
- Wucato
- ManoMano
- EC21
- EC Plaza
- Etsy
- SeeBiz
- Thomasnet
- ABSeed
- NXTP
- GigaCloud
- ECVV
- Nocnoc
- Truora
- Meru
- Sooper
- Zax
- Receiptable
- FoodLabs
- ClusterLab
- InCurA
- InstaShop
- GroCart
- Zid
- FedEx
- Azom
- Tradeling
- Kobo360
- Shoptreo
- Tradeswell
- Dooka
- Tradeboss
