May 22, 2024

Industry Trends: Future of Taiwan's E-commerce Insights

 

Taiwan Online Shopping  - Feb 2024

 

 

This analysis is based on an online survey conducted by Z.com Engagement Lab from February 6th to 14th, 2024. The survey collected data from 840 Taiwan internet users aged over 15, with the aim of providing insights for business decision-makers on consumer perspectives in the post-COVID era.

 

Future Development of Online Shopping Industry

Taiwanese internet users gave a score of 76.66, expressing optimistic expectations for the direction of the online shopping industry in Taiwan over the next 12 months.

 

Chart 1

 

Internet users rated their expectations for major changes in the online shopping industry over the next 12 months at 74.84, indicating the highest demand for transformation among 40-59 year olds.

 

Chart 2

 

Government Control Attitude

The attitude towards government regulation of the online shopping industry leaned towards maintaining the status quo, scoring 53.98. It suggests that most Taiwanese internet users do not believe that the government needs to intervene particularly in the online shopping market.

 

Chart 3

 

Internet users gave a score of 63.75 for their budget for online shopping in the next 12 months, implying a slight increase in online shopping consumption in the future.

 

Chart 4

 

Key Word for Online Shopping Industry in the Past Year

When asked to recall a word that best describes online shopping in the past year, "convenience" was the most common response.

 

Chart 5

 

More than 70% of Taiwanese internet users obtained online shopping information through the internet, followed by offline media, such as physical locations and newspapers.

 

Chart 6

 

Highest Recommendation for Local Products and Services

Taiwanese internet users gave the highest recommendation scores to local online shopping products or services, averaging 7.76, with Japan coming second with a score of 7.01.

 

Chart 7

 

The three most important factors considered by internet users when purchasing online shopping products were "cost-performance ratio" (65%), "ease of use" (63%), and "brand reputation" (39%).

 

Chart 7

 

 

 

 

Z.com Engagement Lab will continue to track the Online Shopping Consumer Survey of the Taiwan public and update survey data, monitoring market trends and changes in consumer demand.

 

 

Research by: Z.com Engagement Lab
Survey Date: February 6th to 14th, 2024
Methodology: Online survey
Target Group: Taiwan internet users aged over 15
Sample Size: 840
Editor: TNL Research
Review by: Tatt Chen

* Contents in this report were drafted with input from generative.ai

 

 

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