Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 60

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 60
---
 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>

| 29 |

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)</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>

| 30 |

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 2025 to 2033:

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

According to the Australia
Post, a total of 9.8 million households in Australia made an online purchase in 2024, representing a 2.3% y-o-y increase compared
with 2023, which is another new record. The chart below shows the record number of Australian household shopping online:

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

| 31 |

The e-commerce logistics market

E-commerce logistics is the entirety of all processes required for logistics management in online retail. This includes:

| ● | storage                                                               
 planning and choice of warehouse type;                                |
| ● | inbound                                                               
 logistics with quality control;                                       |
|