China is the main contributor to this leading position, generating over$935 billionin revenue in 2023. However, recent industry estimates suggest that between 2024 and 2028, the U.S. will lead the retail eCommerce growth among 20 countries worldwide, with an annual growth rate of11.8%. ...
Explore 30+ crucial eCommerce statistics for 2023. Gain insights on market trends, consumer behavior, and industry growth.
In 2023, more businesses have prioritized moving their sales online, connecting with customers directly, automating the sales cycle, and increasing personalization. Global eCommerce Statistics The global community response to the COVID-19 pandemic saw increased growth in eCommerce. While this was ...
4. Retail ecommerce sales are expected to grow at a compound annual growth rate of 11.34% globally According to Statista, worldwide ecommerce sales will have a compound annual growth rate (CAGR) of 11.34% between 2023 and 2027. Brazil will have the highest CAGR at 14.63%. This will be f...
Online shopping has become a regular aspect of everyday life, especially for young adults. 2021 made even more people adopt the trend, and ecommerce growth statistics show retail ecommerce sales amounted to $4.93 trillion in 2021. This year e-retail sales should climb to $5.54 trillion. ...
Check out the latestsocial commercestatistics to grow your online business. 36. Global social commerce market set to generate $8.5 trillion by 2030 The global social commerce market hit$1.2 trillionin 2023. With a 30.7% annual growth rate, it’s set to grow sevenfold over the next seven year...
Looking to grow your business? Here are 56 eCommerce statistics that’ll help you better understand online shoppers.
Ecommerce Growth Statistics Curious about the remarkable surge in ecommerce lately? The onset of the COVID-19 pandemic in 2020 triggered a significant upswing in online shopping, and this momentum is only getting stronger. 1. 2021 Saw a27.6%Increase in Global Retail Ecommerce Sales ...
In May 2021, there was a 9.1% dip in online sales. This was a stark contrast to the same period the year before where there was a 61% growth in ecommerce sales. Source: Retail Week Ecommerce vs traditional retail statistics and trends ...
The industry’s growth has slowed down a bit since the huge surge caused by the pandemic, but regular growth is still happening. Here’s how to prepare for the future of eCommerce as a delivery manager. Plan for slower eCommerce sales compared to peak surges during COVID-19 Now that sho...