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The C2C (Consumer-To-Consumer) e-commerce market size was valued at USD 1,670.90 billion in 2023. The market is anticipated to grow from USD 2,061.22 billion in 2024 to USD 11,216.30 billion by 2032, exhibiting a CAGR of 23.6% during the forecast period.<br><br>
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Market Segmentation $11,216.30 BN $2,061.22 BN 23.6% CAGR 2024 – 2032 Market size 2024 Market size2032
Growth Drivers: • Rising internet penetration and online payments • Rise of the Sharing Economy Key Players: • Airbnb, Inc. • Alibaba Group Holding Limited • Amazon.com, Inc. • Auctions.com
Recent Developments: • In November 2023, Alibaba Cloud, the cloud services provider for Alibaba Group, announced plans to bolster its public cloud services in Hong Kong, targeting local customers and supporting its business expansion efforts in the Greater Bay Area (GBA). Given the exclusively online nature of C2C e-commerce, this move to strengthen the public cloud infrastructure is poised to impact the C2C e-commerce market significantly.
Regional Insights: North America region accounted for the largest market share in 2023 • North America • Europe • Asia Pacific • Latin America • Middle East & Africa