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FMCG B2B e-Commerce Market Size to Grow USD 1220.5 Million by 2031 at a CAGR of 9% | Valuates Reports

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BANGALORE, India, Sept. 16, 2024 /PRNewswire/ — FMCG B2B e-Commerce Market By Product type (Home care, Food & Beverages, Personal care & cosmetics, Healthcare, Others), By End user (Offline retailers, Distributors, Food service, Specialty store, Hypermarket/Supermarket, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.

The Global FMCG B2B e-Commerce Market size was valued at USD 520.8 billion in 2021, and is projected to reach USD 1220.5 billion by 2031, growing at a CAGR of 9% from 2022 to 2031.

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Major Factors Driving the Growth of FMCG B2B e-Commerce Market:

The FMCG B2B e-commerce market is rapidly expanding as businesses increasingly turn to online platforms for bulk purchasing and streamlined procurement processes. Companies in sectors like food and beverages, personal care, and cosmetics benefit from e-commerce solutions that offer improved supply chain management, real-time tracking, and competitive pricing. These platforms enable businesses to access a wider range of products, compare prices efficiently, and reduce operational costs. As more traditional retailers adopt digital solutions to stay competitive, the market is expected to see continued growth, particularly in regions like Asia-Pacific, where digitalization and rising consumer demand are driving the market forward. Additionally, the adoption of e-procurement solutions is enhancing operational efficiency, making FMCG B2B e-commerce a crucial component of modern business strategies.

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TRENDS INFLUENCING THE GROWTH OF THE FMCG B2B E-COMMERCE MARKET:

The food and beverages industry is a major force behind the growth of the FMCG B2B e-commerce market. The increasing need for efficient supply chain solutions and bulk purchasing by restaurants, hotels, and catering services is fueling demand in this space. B2B e-commerce platforms provide businesses with access to extensive inventories, real-time order tracking, and timely deliveries, all while helping to reduce operational costs. Additionally, online wholesale marketplaces enable businesses to compare prices and encourage competition, thus expanding opportunities. As consumers seek greater convenience and variety, this sector is poised to remain a strong driver of growth.

Offline retailers are leveraging B2B e-commerce platforms to enhance procurement processes and streamline inventory management. By embracing online solutions, traditional brick-and-mortar stores are able to access a diverse range of suppliers, secure competitive pricing, and improve their product offerings. These platforms allow for bulk orders and real-time stock tracking, which helps to reduce logistical challenges and increase supply chain efficiency. This transition to digital procurement is especially evident in small and mid-sized retailers, who are adapting to remain competitive in an increasingly dynamic marketplace.

The personal care and cosmetics industry is a significant contributor to the FMCG B2B e-commerce market’s expansion. As demand for beauty and personal care products grows, businesses in this sector are increasingly turning to B2B platforms to source a variety of items from different suppliers. These platforms enable retailers and wholesalers to efficiently purchase cosmetics, skincare, and hair care products in bulk, optimizing their supply chains. The ability to compare prices, track shipments, and ensure timely deliveries enhances operational efficiency, making B2B e-commerce indispensable in this sector.

Supply chain optimization is a critical factor in the growth of the FMCG B2B e-commerce market. With features such as automated order tracking, dynamic inventory management, and seamless communication with suppliers, these platforms allow businesses to streamline operations and reduce lead times. B2B e-commerce platforms offer transparency throughout the supply chain, enabling businesses to monitor and manage each step, from procurement to delivery. This enhanced efficiency leads to cost savings, improved customer service, and better resource allocation, providing a competitive edge in the market.

The growing demand for bulk purchases in industries such as food and beverages, personal care, and cosmetics is driving the FMCG B2B e-commerce market. Businesses in these sectors require large quantities of products to meet customer needs, and e-commerce platforms provide the scalability needed to handle these orders efficiently. Bulk purchasing online offers significant advantages, including cost savings, better supplier relationships, and quicker turnaround times. With features like price comparison, bulk discounts, and streamlined logistics, B2B e-commerce platforms are becoming essential for businesses seeking to optimize their purchasing strategies.

The increasing adoption of e-procurement solutions is also boosting the FMCG B2B e-commerce market. E-procurement platforms automate procurement processes, enhance supplier management, and streamline order fulfillment. By digitizing procurement, businesses can reduce paperwork, eliminate errors, and improve overall efficiency. These platforms provide real-time tracking and reporting, allowing businesses to monitor spending and optimize supplier agreements. The demand for scalable, cost-effective, and transparent procurement solutions is driving more businesses to adopt e-commerce platforms for their procurement needs.

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FMCG B2B E-COMMERCE MARKET SHARE ANALYSIS

 The Asia-Pacific region leads the FMCG B2B e-commerce market, largely due to the integration of digital tools in B2B transactions and the everyday use of essential goods. Factors such as low costs, a broad product range, and value-for-money deals are driving growth in this region. Major players like Alibaba and IndiaMart have contributed to the market’s expansion through competitive strategies. As population growth and technological advancements continue, the region’s market share is expected to rise further.

Offline retailers currently dominate the market, benefiting from transitioning from traditional to digital commerce, which offers advantages such as discounts and promotional offers. By product type, the personal care and cosmetics segment had the highest revenue in 2021, with a CAGR of 9.6%. Expanding product varieties and growing demand for skincare items are expected to drive significant growth in this segment over the coming years.

The food and beverage sector continues to hold the largest share of the FMCG B2B e-commerce market due to consistent demand, diverse offerings, and the suitability of these products for online distribution. However, market dynamics will likely shift in response to evolving consumer preferences, technological innovations, and economic changes.

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Key Companies:

FMCG CompaniesAlibaba Group HoldingAmazonAmericanas saEBAYGlobal SourcesIndiaMART InterMESH Ltd.The Kroger Co.StaplesRakuten Group Inc.Walmart

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

B2B Marketplace Platforms market was valued at USD 625 Million in 2023 and is anticipated to reach USD 1079.7 Million by 2030, witnessing a CAGR of 7.8% during the forecast period 2024-2030.B2B Payments Platform MarketB2B Gateway Software MarketPrice Optimization and Management (PO&M) Software for B2B market was valued at USD 535 Million in 2023 and is anticipated to reach USD 1059.8 Million by 2030, witnessing a CAGR of 10.1% during the forecast period 2024-2030.B2B Debt Collection Service MarketB2B Enterprise & Industrial Wearables MarketFMCG Packaging Design and Printing Service Market

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Technology

TVCMALL Leads Wholesale Innovation for Simplified Online Retail Business Success at CES 2025

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January 11, 2025

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — CES 2025, one of the largest tech events globally, concluded with over 4,000 exhibitors showcasing breakthroughs in AI, digital health, and mobility. TVCMALL, a leading one-stop B2B wholesaler, made its second consecutive appearance at the event, delivering comprehensive solutions and introducing a new brand, LEMONDA. With a focus on eco-friendly products and AI-driven accessories, TVCMALL is redefining the wholesale experience for global entrepreneurs.

Revolutionizing Wholesale with AI and Sustainability
TVCMALL is a one-stop platform offering over 1 million SKUs, including mobile accessories, smart tech, and consumer electronics. At CES 2025, the company presented a range of cutting-edge products, from biodegradable phone cases to AI-driven gadgets like Meta Quest 3 headbands, wireless chargers, power banks, and gaming accessories. As part of its innovative approach, TVCMALL launched LEMONDA, a lifestyle brand focused on sustainability. Featuring lightweight, corrosion-resistant resin smartwatch straps and eco-friendly packaging, LEMONDA aligns with the growing demand for green solutions in tech, further cementing TVCMALL’s commitment to a sustainable future.

Comprehensive Solutions for Retailers
TVCMALL simplifies sourcing with an extensive catalog and AI-powered ordering systems, allowing businesses to streamline purchasing and make data-driven decisions. With no minimum order quantity (MOQ) on most products and a flexible dropshipping service, TVCMALL supports businesses with customized solutions tailored to their needs. Whether through personalized packaging or exclusive designs, TVCMALL helps entrepreneurs enhance their brand visibility and stay competitive. The platform also integrates with Amazon and custom APIs for a seamless experience.

Commitment to Quality and Global Growth
TVCMALL is dedicated to helping entrepreneurs succeed in both established and emerging markets. By offering competitive prices, fast delivery, and in-depth market insights, TVCMALL empowers businesses to expand into regions like Europe, Southeast Asia, and Brazil. The company works with trusted partners like Dux Ducis, CaseMe, and Nillkin, ensuring the reliability and quality of its offerings. Additionally, TVCMALL provides value-added services like product photography, factory inspections, and certifications (CE, RoHS), assisting clients with smooth market entry.

“At TVCMALL, our vision is to build a more generous and thriving world,” said Leo Chen, Founder and Chairman of TVCMALL. “CES 2025 is not just an exhibition for us; it’s an opportunity to collaborate, innovate, and inspire a new era of retail and technology.”

For more information, please visit www.tvcmall.com or contact sales@tvcmall.com.

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The green power trading electricity volume in Turfan has surged significantly in 2024

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3 hours ago

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January 11, 2025

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TURFAN, China, Jan. 11, 2025 /PRNewswire/ — On January 9, 2024, data released by Xinjiang Power Trading Centre Co., Ltd. indicated that the green power trading electricity volume in the Turfan region reached 0.97 billion kWh, representing a remarkable year-on-year increase of up to 14 times. This substantial growth underscores the region’s successful transition towards green energy.

State Grid Turfan Power Supply Company has taken proactive measures to expedite the development of the green power market. The company has facilitated the government’s introduction of a renewable energy consumption action plan, specifying new energy consumption ratios for key energy-consuming entities and establishing a market mechanism with a high proportion of new energy. These efforts have effectively promoted the “new energy participation in all trading varieties of the 24-hour curve” trading model and ensured continuous market opening on working days, thereby better accommodating the fluctuating characteristics of new energy output.

Furthermore, State Grid Turfan Power Supply Company established a green power certificate service station in Gaochang District, providing customers with convenient green power trading services and fostering a green consumption atmosphere throughout society. During the Autonomous Region Tourism Development Conference and the Turfan Grape Festival, the company achieved 100% green power supply and assisted three export-oriented enterprises in achieving low-carbon transformation, thereby enhancing the international influence of their brands.

Looking ahead, State Grid Turfan Power Supply Company will continue to implement measures to expand its “Power Supply + Energy Efficiency Bill” service, guiding society towards more efficient, economical, and environmentally friendly electricity usage, and contributing to the clean and low-carbon transformation of local energy resources.

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SOURCE State Grid Turfan Power Supply Company

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Technology

Equipboard Unveils Sleek Redesign to Enhance Music Gear Discovery for Musicians Worldwide

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5 hours ago

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January 11, 2025

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Redesign Introduces Modern Features, Streamlined Navigation, and Richer Content to Inspire and Support Music Makers Globally

AUSTIN, Texas, Jan. 11, 2025 /PRNewswire-PRWeb/ — Equipboard, the leading online community for musicians and gear enthusiasts, announces the launch of its newly redesigned website. With a modern look, streamlined navigation, and powerful new features, the redesign sets a new standard for connecting artists, producers, and hobbyists with the tools they need to create music.

Since its inception in 2013, Equipboard has grown into the world’s largest database of music gear used by professionals and amateurs alike. The redesign reflects the platform’s commitment to fostering creativity, offering transparent information, and making gear discovery and purchasing easier and more enjoyable for its global user base.

What’s New?

Equipboard’s redesign is more than just a fresh coat of paint. It introduces a host of improvements aimed at elevating the way users explore, share, and connect over their favorite gear:

    Modernized Design: A sleek, responsive layout ensures a seamless experience across all devices, with improved readability and accessibility.    Enhanced Navigation: Faster, more intuitive browsing helps users discover gear, artists, and inspiration effortlessly. Whether searching for a guitarist’s pedalboard or a producer’s go-to synth, the information is now at their fingertips.    Richer Content: Equipboard now features in-depth guides, expert-curated collections, and a revamped artist gear section to inspire and inform users at all levels of their musical journey.    Personalized Experience: Registered users can now enjoy a more tailored interface, saving their favorite gear and creating wishlists for their next creative adventure.    Price Comparisons Across Leading Retailers: Equipboard helps musicians make informed decisions by comparing prices on music gear from top retailers, ensuring they get the best value for their investment.    Community-Focused Features: New tools make it easier for users to contribute to Equipboard’s ever-growing database, ensuring the platform remains the most trusted source for music gear information.

“Equipboard has always been about empowering musicians by connecting them with the tools and insights they need,” said Michael Pierce, Co-Founder. “This redesign reflects our commitment to innovation and community, creating an experience that’s as inspiring as the gear our users discover. From in-depth artist insights to real-time price comparisons, we’re excited to see how these improvements help musicians worldwide make better gear choices and create amazing music.”

About Equipboard

Equipboard is the ultimate online resource for musicians and gear enthusiasts. With a mission to provide transparent, community-driven information about the gear used by artists and professionals, Equipboard has become a trusted destination for millions of music creators. The platform also simplifies the buying process with its innovative price comparison tool, helping users find the best deals from leading retailers. From electric guitars to studio monitors, Equipboard’s extensive database helps users make informed decisions about their music-making journey.

The redesigned Equipboard is now live at https://equipboard.com, offering a fresh look and enhanced tools to support music creators in exploring the gear behind their favorite artists’ sound.

Media Contact

Michael Pierce, Equipboard, 888-888-8888, contact@equipboard.com, https://equipboard.com/

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SOURCE Equipboard

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