E-commerce Industry Bulletin September 2023: Market Analysis from Lameco

19 October, 2023 by
E-commerce Industry Bulletin September 2023: Market Analysis from Lameco
Lameco JSC

Welcome to the blog of Lameco - a company that provides comprehensive e-commerce solutions. The following information will analyze and summarize the e-commerce trends in September 2023, which is very useful for sellers on marketplaces such as Shopee, Lazada, Tiktok Shop and businesses looking to leverage potential on these platforms.

Vietnam's E-commerce Market

Vietnam, through continuous efforts and determination, has become the second-largest e-commerce market in Southeast Asia, right after Indonesia. Vietnam's e-commerce market is witnessing a strong growth trend, with fierce competition between industry "giants" such as Shopee, Lazada, Sendo, Tiki and the recent entry of Tiktok Shop.

Evaluation of E-commerce Platforms

Shopee remains in the top position in September 2023 with a total score of 96.86, a 36.3% increase compared to the previous month. Lazada surpasses TikTok Shop to occupy the second position, with a total score of 30.81, up 9.27% compared to the previous month. TikTok Shop experienced a significant drop from 70.92 to 20.39 points, ranking third.

Source: Reputa

Leading E-commerce Companies

Nguyen Kim maintains its top position in the E-commerce Company Rankings with a total score of 18.64. CellphoneS outperforms other competitors to take the second position with a total score of 15.97. DIEN MAY XANH had a remarkable breakthrough, rising by 24 ranks.

Source: Reputa

Green Consumption Trend

Another noteworthy trend is the growth of green consumption. The delivery and packaging process of e-commerce is having adverse effects on the environment. Retailers are intensifying efforts to reduce plastic packaging, creating a group of customers not using plastic bags, and contributing to the formation of a consciousness to reduce plastic waste in society.

At Lameco, we not only provide comprehensive e-commerce solutions but also commit to supporting businesses in implementing sustainable solutions. Contact us to learn more about how we can assist you in leveraging these new market trends.

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