Company: GVH
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046965
Chunk: 67

Company: Globavend Holdings Ltd
Filing Date: 2025-05-23
Form: F-1
Chunk 67
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emarket 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 -commercemarket: (source: IMARC) 28 Looking forward, IMARC expects the global e -commercemarket 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: (source: IMARC) Market size of the global e-commerce economy in Asia Pacific In 2024, Asia Pacific represented the largest region for e -commerceglobally, 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 -commercemarket by region: (source: IMARC) 29 IMARC expects the e -commercemarket 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 -commercemarket forecast for 2025 to 2033: (source: IMARC) Market size of the global e-commerce economy in Australia According to IMARC, the e -commercemarket reached a value of $172 billion in 2024, representing a CAGR of 24.3% during 2019 to 2024. IMARC expects the e -commercemarket in Australia to reach $777 billion by 2033, exhibiting a CAGR of 17.7% during 2025 -2033. The chart below shows the Australia e -commercemarket forecast for 2025 to 2033: (source: IMARC) 30 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 -yincrease compared with 2023, which is another new record. The chart below shows the record number of Australian household shopping online: (