Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 69

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 69
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us
and in the documents incorporated by reference into this prospectus. These and other factors could cause results to differ materially
from those expressed in the estimates made by the independent parties and by us.

Market size of the global e-commerce economy

According to a publicly available
research report published by International Market Analysis Research and Consulting (“IMARC”), the global e-commerce market
size reached $27.4 trillion in 2024, representing a 20.4% year-over-year (“y-o-y”) increase compared to 2023. The chart
below shows the historical growth of the global e-commerce market:

<div align='center'>(source: IMARC)

27</div>

Looking forward, IMARC expects
the global e-commerce market to reach $94.2 trillion by 2033, exhibiting a compound annual growth rate (“CAGR”) of 14.3%
during 2025-2033. The chart below shows the market forecast for 2025 to 2033:

<div align='center'>(source: IMARC)</div>

Market size of the global e-commerce economy in Asia Pacific

In 2024, Asia Pacific represented
the largest region for e-commerce globally, accounting for a share of 56.0% of the total market, reaching the value of $15.19 trillion.
It was followed by North America (21.5%), Europe (16.4%), Latin America (3.2%) and Middle East and Africa (2.9%). The chart below shows
the distribution of the global e-commerce market by region:

<div align='center'>(source: IMARC)

28</div>

IMARC expects the e-commerce
market in Asia Pacific to reach $59.41 trillion by 2033, exhibiting a CAGR of 15.8% during 2025-2033. The chart below shows
the Asia Pacific e-commerce market forecast for 2025 to 2033:

<div align='center'>(source: IMARC)</div>

Market size of the global e-commerce economy in Australia

According to IMARC, the e-commerce
market reached a value of $172 billion in 2024, representing a CAGR of 24.3% during 2019 to 2024. IMARC expects the e-commerce market
in Australia to reach $777 billion by 2033, exhibiting a CAGR of 17.7% during 2025-2033. The chart below shows the Australia
e-commerce market forecast for