Quantcast

FedEx study reveals optimism among Asia-Pacific businesses amid growing e-commerce trends

Airlines begin canceling flights, offering rebooking ahead of Hurricane Helene
Southwest Airlines to cut service and staffing in Atlanta to slash costs
Explore Japan for free? Japan Airlines offers free domestic flights to foreign travelers
Delta named Official Airline Partner of Birmingham City Football Club
American Airlines to Cut These Routes to Las Vegas, Orlando, and More — Here's Why
Alaska Airlines completes acquisition of Hawaiian Airlines, expanding benefits and choice for travelers
Southwest wouldn't really start charging for bags — right?
JD Power ranked this Midwest airport as the best among largest airports in North America
Alaska Airlines Chief Plans More Routes After a Deal With Hawaiian
Air Canada could begin suspending flights soon as strike deadline nears
JetBlue's new ticket policy entitles every passenger to a carry-on bag
Why United Airlines’ CEO makes as few decisions as possible
American invests in the future of aviation maintenance with new jobs, additional work
DOT probe seeks to determine if frequent flyer programs are fair to travelers
American Airlines flight diverted after passenger starts vaping
Russian Airline Wants $100 Million From Canada for Seizing Its Giant Cargo Plane
Here's where American Airlines is adding flights to Europe in summer 2025
Major airline grounds Airbus A350 fleet, citing faulty engine component
Airline CEO wants airports to cap passengers at 2 alcoholic drinks to limit on-board disruptions
Regulator cuts Malaysia Airlines' air operator certificate duration after probe
United Airlines flight attendants are prepared to strike. Here's why it's still unlikely.
2 workers killed, 1 injured in tire explosion at a Delta Air Lines shop in Atlanta
Emirates Will Buy 5 Airbus A380s From Lessor For $200 Million
Delta Air Lines named official airline of the WNBA
Pair Of C-Suite Officials Depart Wheels Up
LAX Receives Final Cars for People Mover Train
Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT
Alaska Airlines flight attendants reject new contract, union says there's 'more work to do'
Elliott Investment To Push For 10 New Boardroom Directors At Southwest Airlines
Alaska Air Backs JetZero Blended-Wing Design
FedEx study reveals optimism among Asia-Pacific businesses amid growing e-commerce trends
Policy
Webp 65di1e90asw9mi0l0a3fhiyhvq6a
Richard W. Smith President and Chief Executive Officer Airline and International | FedEx

FedEx has released a new study on the shopping season in the Asia-Pacific region, revealing optimism among businesses and consumers. Conducted in October 2024, the survey involved 200 small and medium enterprises (SMEs) and 300 consumers from 12 markets in the region. The research aimed to understand expectations, motivations, and concerns related to the shopping season.

The findings show that 70% of SMEs expect sales growth during this period, with nearly 80% attributing this growth mainly to Asian markets, particularly Southeast Asia. This optimism aligns with broader market trends as digital technology adoption and cross-border trade drive double-digit growth in Southeast Asia's e-commerce market for 2024. Intra-Asia trade is also rapidly increasing, projected to exceed $13.5 trillion by 2030.

Key growth opportunities for SMEs include consumer preferences for online shopping platforms and significant discounts during shopping festivals. Over half of consumers prefer e-commerce platforms, with 70% motivated by discounts and promotions. Free shipping remains a crucial factor in enhancing the shopping experience and influencing purchasing decisions. Consumers also expect delivery within two to three business days with convenient options.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Consumers are increasingly seeking sustainable online shopping methods and are willing to pay extra for sustainable packaging when purchasing gifts. This trend allows businesses offering sustainable options to stand out in a competitive e-commerce market.

Kawal Preet, President of FedEx Asia Pacific Division, stated: "The gift-giving season in Asia Pacific extends from Christmas through Lunar New Year over several months. Cross-border e-commerce continues to grow rapidly as sellers prepare for the holiday sales peak, especially SMEs aiming to boost sales."

E-commerce platforms are essential for SME sales growth as they collaborate with third-party platforms to expand customer bases and increase opportunities. Major online events like "Singles' Day," "Black Friday," and "Cyber Monday" play critical roles in attracting consumers during peak seasons.

To attract customers further, e-commerce sellers innovate personalized services such as live streaming and product showcases on social media platforms. Reliable logistics providers, price advantages, and digital transport tools are crucial for meeting international shipping demands during peak seasons.

FedEx supports e-commerce sellers by simplifying order fulfillment processes through integrated solutions with leading platforms like Shopify and BigCommerce via FedEx Ship Manager™ (FSM). This streamlined service benefits sellers facing increased orders during peak seasons.

Delivery speed significantly impacts consumer satisfaction alongside discounts and promotions. Sixty-five percent of respondents indicated that free shipping influences their purchase decisions; however, delivery delays remain a primary concern for 54% of consumers during peak seasons.

To meet these expectations, services like FedEx® International Connect Plus (FICP) help deliver goods efficiently across Asia-Pacific and Western markets within one to three business days.

FedEx recognizes the importance of last-mile delivery with approximately 260,000 smart lockers across its Asia-Pacific network providing secure drop-off points regardless of customer presence at home. Additional digital tools offer customizable last-mile delivery options ensuring convenience while maintaining tracking transparency through services like FedEx Delivery Manager International or Picture Proof Delivery.

Sustainability is becoming an integral part of consumer decision-making processes alongside transportation speed preferences among nearly half (47%) surveyed SMEs who believe customers seek balance between sustainability initiatives offered by companies they engage with online shopping experiences enhanced by eco-friendly practices supported by environmental efforts fostering brand loyalty among more than three-quarters (77%) willing-to-pay-extra-for-sustainable-packaging gift buyers indicating strong support towards environmentally conscious actions taken by businesses operating within highly competitive electronic commerce environments where offering sustainable choices presents unique advantages available today

For SMEs looking forward expanding into electronic commerce space sustainability now considered indispensable component shaping consumer decisions enabling them make informed choices evaluating supply chains utilizing digital tools such as FedEx® Sustainability Insights assisting calculating historical carbon footprints shipments facilitating access emission reports promoting transparency throughout transportation processes ultimately benefiting both companies themselves customers alike

This online survey conducted Milieu Insights October covering twelve major markets including Australia China Mainland Hong Kong Indonesia Japan Malaysia Philippines Singapore South Korea Taiwan Thailand Vietnam involving two hundred cross-border trading engaged active online shoppers respectively

Organizations Included in this History
More News

Air India has announced the resumption of its operations from Bangkok, maintaining its schedule following a devastating earthquake that resulted in significant loss of life.

Apr 4, 2025

Lufthansa has announced the launch of codeshare flights with ITA Airways, expanding travel options across more than 100 European routes.

Apr 4, 2025

KLM Royal Dutch Airlines has announced the addition of six new destinations to its 2025 flight schedule.

Apr 4, 2025

Fuel efficiency is becoming increasingly significant in the aviation sector, affecting economic savings and environmental impacts.

Apr 4, 2025

The Pilatus PC-24, a light business jet from Swiss manufacturer Pilatus Aviation, is notable for its performance and versatility, combining capabilities often seen in larger aircraft.

Apr 4, 2025

Europe has a rich history in aviation, with several of its airports dating back to the early 20th century, a testament to their long-standing significance in global air travel.

Apr 4, 2025