Outdoor recreation contributes to an economic boom.
Alibaba.com, a B2B e-commerce platform for global wholesale trade under Chinese tech conglomerate Alibaba (BABA:NYSE), posted cross-border indexes recently.
Since June, global purchasing demand has recovered significantly, of which beauty and personal care, auto and motorcycle parts, outdoor and consumer electronics industries experienced greater growth in overseas demand compared to May.
With the ease of pandemic controls, the outdoor economy has become a hit in the post-covid era. Items like outdoor charging equipment, and portable energy storage products witnessed an explosive increase this year.
The outdoor drone is another fast-growing market on Alibaba.com, given the increased demand for outdoor excursions and the strong promotion of short videos. The cross-border index expects the market to reach USD 3.3 billion in 2022.
In addition, the headphones category presents an ultra-high growth momentum on Alibaba.com. Functional phones and their accessories, such as cycling cellphone holders, have also seen overseas demand explosions.
The new energy industry, on the other hand, has been in a boom for nearly 40 months, "The transactions volume increased by over 130% YoY from January to June 2022," said Dai Xianwen, the operation director of Alibaba.com.