Malaysia Online Shopping Statistics 2016
The ecommerce market encompasses the sale of physical goods via a digital channel to a private end user b2c.
Malaysia online shopping statistics 2016. In 2015 the income of e commerce in malaysia was dominated by local market with rm356 9 billion 89 6 compared to international market of rm41 3 billion. Manufacturing sector was the main contributor for both type of markets with the value of rm255 7 billion for local market and rm20 2 billion for international market. This is still acceptable by most respondents though especially for lower priced items. 90 of malaysians expect their purchase to be delivered within one week 46 within 3 days.
Procedia economics and finance 37 2016 292 Ć¢ 298 significant effect on online purchase intention online sellers in malaysia as well as the government should come up with some concrete measures to build strong consumer trust in order to further accelerate the growth of malaysiaĆ¢ s online shopping market. Malaysia has 80 of internet penetration by total population as of january 2019. Online money transfers are the preferred payment method. End of the day it is about online merchants gaining trust from the consumers.
Activities done online by malaysians with communicate by text placed the top with 96 5 social networks visit for 85 6 and getting information online with 85 5 we are social 2019 malaysians spend an average of 8 hours and 5 minutes using the internet via any device. Zolkopli ramli azmi kamal abdullah 2016. More than 95 of malaysians are satisfied with their online shopping experience. The statistics and success stories of many online.
The main factor that malaysians consider when shopping online is the price. Statistical brief number twenty created date. Revenue in the ecommerce market is projected to reach us 4 463m in 2020. This statistic shows the age group distribution of online shoppers in malaysia in 2017.
The study revealed that online shopping in malaysia is significantly associated. A middle income country with a digital population of more than 20 million people malaysia attracts appetites both from local and global companies interested in grabbing a share of its e commerce market. One of the most dynamic countries online in southeast asia malaysia is a very attractive market for e commerce. Payment and delivery in malaysia.
Internet users survey 2016 author.