Key Takeaways
- 2023 live shopping market size in China was $248.45B (USD)
- 2023 live shopping market in China (revenue) was $248.45B (USD)
- Global live shopping market size was valued at $59.43B in 2023
- In the US, 33% of online shoppers have watched a livestream shopping event (2022)
- US: 33% have watched livestream shopping (2022)
- In the US, 7% of consumers bought something via live stream (2022)
- JD.com livestreaming sales on 18 May 2020 reached 76.6B yuan
- 76.6B yuan livestreaming sales were recorded by JD.com on 18 May 2020
- Douyin (TikTok China) reported 280B RMB GMV for livestreaming in 2021 (reported)
- COVID-19 helped drive live shopping adoption; live shopping searches increased (2020) by 68% (reported)
- Search interest for “live shopping” rose during early 2020 pandemic period (Google Trends exploration link)
- In 2020, live shopping watch time increased as restrictions reduced in-store shopping (reported)
- In a 2022 survey, 52% of consumers said live shopping helps them find products they wouldn’t find otherwise
- 52% said live shopping helps find products they wouldn’t find otherwise (survey)
- Live shopping can reduce returns by enabling better product fit evaluation; 20% fewer returns (reported)
China’s $248.45B live shopping surges globally; forecasts soar, adoption and trust rise.
Market size & growth
Market size & growth Interpretation
Consumer adoption & behavior
Consumer adoption & behavior Interpretation
Platforms, companies & performance
Platforms, companies & performance Interpretation
Impact of events & drivers
Impact of events & drivers Interpretation
Pricing, profitability & returns
Pricing, profitability & returns Interpretation
Regulation, trust & risk
Regulation, trust & risk Interpretation
References
- 1fortunebusinessinsights.com/live-shopping-market-102244
- 2china.org.cn/business/2023-04/20/content_85229913.htm
- 3oberlo.com/statistics/social-commerce-statistics
- 4oberlo.com/statistics/live-shopping-statistics
- 5insiderintelligence.com/insights/us-live-streaming-commerce/
- 6insiderintelligence.com/insights/live-shopping/
- 7tractable.ai/blog/live-shopping-statistics
- 8statista.com/statistics/1316007/uk-monthly-social-commerce-usage/
- 9sproutsocial.com/insights/social-commerce-statistics/
- 10jdcorporation.com/en/news/2020-05-19
- 11rolandberger.com/en/Insights/Publications/live-shopping-is-the-new-reality
- 12twitch.tv/blog/en/2020/10/19/introducing-twitch-shop/
- 13newsroom.tiktok.com/en-us/tiktok-launches-tiktok-shop
- 14about.instagram.com/blog/announcements/new-instagram-shopping
- 15aboutamazon.com/news/retail/amazon-live-shopping-is-here
- 16shopify.com/newsroom/shopify-releases-2024-financial-results
- 17shopify.com/newsroom/shopify-announces-fourth-quarter-and-full-year-2023-financial-results
- 35shopify.com/blog/livestream-shopping
- 18corporate.walmart.com/newsroom/2020/10/28/walmart-gets-live-with-walmart-live-on-walmart-com
- 19blog.youtube/news-and-events/new-shopping-features-on-youtube/
- 20about.meta.com/news/2021/facebook-live-shopping/
- 21alizila.com/taobao-live-live-stream-shopping/
- 29alizila.com/taobao-live
- 39alizila.com/taobao-live-sales
- 22pinduoduo.com/en/newsroom/press-releases
- 23kuaishou.com/en/news
- 24tiktok.com/business/en-US/blog/tiktok-shop
- 25trends.google.com/trends/explore?date=2020-03-01%202020-05-01&q=live%20shopping
- 26mckinsey.com/industries/retail/our-insights/the-future-of-retail-is-digital-and-its-getting-better
- 27nbcnews.com/business/business-news/livestream-shopping-surges-during-pandemic-n1244570
- 28brookings.edu/articles/live-streaming-commerce-in-china-a-new-wave-of-digital-consumption/
- 30worldbank.org/en/topic/digitaldevelopment
- 31gsma.com/mobileeconomy/
- 32blog.cloudflare.com/
- 33globenewswire.com/en/news-release/2022/11/10/2562340/0/en/Audiences-of-Live-Stream-Shopping-and-Video-Commerce-to-Become-1-0-Billion-by-2027-New-Report-by-Grand-View-Research.html
- 34valvoline.com/
- 36bigcommerce.com/articles/live-shopping/
- 37wordstream.com/blog/ws/live-shopping
- 38coursera.org/articles/live-shopping
- 40ftc.gov/business-guidance/resources/endorsements
- 47ftc.gov/business-guidance/privacy-security
- 50ftc.gov/legal-library/browse/rules/advertising-and-marketing/advertising-guides
- 41eur-lex.europa.eu/eli/dir/2011/83/oj
- 42eur-lex.europa.eu/eli/reg/2016/679/oj
- 48eur-lex.europa.eu/eli/reg/2022/2065/oj
- 49eur-lex.europa.eu/eli/dir/2019/771/oj
- 43saic.gov.cn/xw/df/202001/t20200103_309800.html
- 44asa.org.uk/type/advertising-guidance/other-forms-of-advertising.html
- 45sso.agc.gov.sg/Act/PDPA2012
- 46planalto.gov.br/ccivil_03/_ato2015-2018/2018/lei/l13709.htm






