Business-to-business e-commerce may outpace B2C in coming years: Report

At $1.7 bn, eB2B market is fast gaining share of the $700-bn offline B2B retail market

With up-starts like Udaan, ShopX, and NinjaKart, business-to-business (B2B) e-commerce has the potential to surpass the $18-billion business-to-consumer (B2C) e-commerce market in the coming years, shows a new report.

According to ‘Unlocking the Indian eB2B retail opportunity’, a report by consultancy RedSeer, India’s eB2B market, currently at $1.7 billion, is expected to grow at 80 per cent compound annual rate (CAGR) to reach $60 billion by 2025. By comparison, B2C e-commerce market, at $18 billion currently, is growing at 40 per cent CAGR.

The optimism stems from a fairly large opportunity in eB2B. The offline B2B market itself was estimated at $700