According to eMarketer, Asian countries began to surpass the U.S. in 2016 for e-commerce growth, when China became the largest market for online shopping in the world. For example, Latin America saw huge growth, regardless of the bigger-than-average drop in overall retail sales. In our Q3 US retail forecast, the top 10 retailers by ecommerce sales will tighten their grip on the retail market. eCommerce growth at the moment is phenomenal, and it shows almost no signs of slowing down. Before the pandemic, we had forecast that total retail sales worldwide would rise by 4.4% in 2020, to $26.460 trillion. Interactive projections with 10k+ metrics on market trends, & consumer behavior. The Weekly Listen: Uber's ad aspirations, Gen Z's media time, and are we past 'peak newsletter'? What is the global outlook for retail sales and retail ecommerce sales in 2022 and beyond? eMarketer reports and forecasts include data and statistics on total retail sales, (including growth, and penetration figures) for retail. India, Brazil, Russia, and Argentina are all projected to post at least 26% growth in retail ecommerce sales this year. The chart below from eMarketer's 2021 global e-commerce report breaks down regional e-commerce growth last year. In our Q3 US retail forecast, the top 10 retailers by ecommerce sales will tighten their grip on the retail market. When excluding gas and auto sales (categories sold almost exclusively offline), ecommerce penetration jumps to 20.6%. We estimate that total retail sales worldwide dropped by 2.8% in 2020. Exportable files for easy reading, analysis and sharing. In 2022, the up-and-coming e-commerce markets center around Asia. Both the increase in new users and frequency of purchasing will have a lasting impact on retail.. In-store retail sales fell dramatically when the pandemic forced consumers to stay home and physical stores to close. eMarketer forecasts and benchmarks help you plan for the future by informing your campaigns and strategies with key data points on the upcoming years. In-depth analysis, benchmarks and shorter spotlights on digital trends. What share will ecommerce (and its categories) command of total US retail sales? Gain access to reliable data presented in clear and intelligible displays for quick understanding and decision making on the most important topics related to your industry, 11 Times SquareNew York, NY 100361-800-405-0844,
[email protected]. Client-only email newsletters with analysis and takeaways from the daily news. Spotlight: Southeast Asia Proximity Mobile Payments Forecast 2022. Insider Intelligence Inc. All Rights Reserved. Proprietary data and over 3,000 third-party sources about the most important topics. KEY STAT: Auto and parts, and food and beveragetwo categories with historically low levels of online purchaseswill be the fastest-growing product categories in ecommerce this year. Online sales will reach $6.17 . The first of a three-part series: data and analysis on how business-to-business digital marketplaces are chang theres a lot that you can do with our e-commerce platform. $4.9 trillion is the estimated global retail ecommerce market size in 2021. KEY STAT: Auto and parts, and food and beveragetwo categories with historically low levels of online purchaseswill be the fastest-growing product categories in ecommerce this year. 13 charts Chinas outsize role will mean that Asia-Pacific will account for 60.8% of retail ecommerce sales worldwide in 2021. 41% of brands will increase their paid search budget this year ( Shopify ). The US retail ecommerce forecast for 2022, including our numbers on sales growth and ecommerces share of overall sales for product categories. While much of the shift has been led by essential categories like grocery, there has been surprising strength in discretionary categories like consumer electronics and home furnishings that benefited from pandemic-driven lifestyle needs.. Reliable data in simple displays for presentations and quick decision making. Even in a slower-growth environment, total new spending will be enormous. What is the global outlook for retail sales and retail e-commerce sales in 2022 and beyond? WHATS IN THIS REPORT? Proprietary data and over 3,000 third-party sources about the most important topics. As in 2020, Asia-Pacific and North America will lead the regional rankings for retail ecommerce sales this year. For one, many stores, particularly department stores, may close permanently. US retail sales growth will stabilize in 2022, but changes wrought by two years of the pandemic will drive growth in online automotive and grocery sales. The fastest growth category of e-commerce sales over the past two years were furniture, building materials, and electronics which cumulatively grew more than 200% since 2019. Even in a slower-growth environment, total new spending will be enormous. New spending will still be huge. Interactive projections with 10k+ metrics on market trends, & consumer behavior. - The Kroger Co. displaces Macys as the 10th biggest retailer by ecommerce sales, even as Macys grows its online business. What Are the Biggest Stories for Retail Ecommerce Coming Out of 2021, and What Will Happen in 2022? US ecommerce sales will reach $794.50 billion this year, up 32.4% year-over-year. Worldwide, ecommerce growth will decelerate substantially this year, despite consumers' newfound enthusiasm for digital shopping solutions. Industry benchmarks for the most important KPIs in digital marketing, advertising, retail and ecommerce. Gain access to reliable data presented in clear and intelligible displays for quick understanding and decision making on the most important topics related to your industry, 11 Times SquareNew York, NY 100361-800-405-0844,
[email protected], France and Germany Ecommerce Forecasts 2021. What is the outlook for US retail and ecommerce sales growth in 2022? Even in a slower-growth environment, total new spending will be enormous. See More Shopify's better-than-expected Q3 suggests brighter days ahead Adidas is at a crossroads The economic headwinds are too strong for an Instacart IPO to . Exportable files for easy reading, analysis and sharing. As more people will shop and do commerce online in . Insider Intelligence Inc. All Rights Reserved. Following a 25.7% surge in 2020, to $4.213 trillion, we expect retail ecommerce sales worldwide to climb a further 16.8% this year, to $4.921 trillion. E-commerce sector growth: Which sectors have the largest share of total sales? This report features our latest regional and global forecast for total retail, retail ecommerce, mcommerce, and social commerce sales and digital buyers. Brick-and-mortar retail, meanwhile, returned with a vengeance last year and is in better shape than expected going into 2022. Worldwide retail and retail ecommerce spending is expected to stabilize in 2022 after two years of unpredictable circumstances and unusual growth patterns. Insider Intelligence Inc. All Rights Reserved. eMarketer expects worldwide e-commerce sales to exceed $5 trillion for the first time this year. Despite slowing growth, total spending will surge past $7 trillion by 2025. Many consumers have either shopped online for the first time or shopped in new categories (i.e., groceries). But in 2021, this figure will rebound to pre-pandemic (2019) levels, reaching $25.052 trillion. Interactive projections with 10k+ metrics on market trends, & consumer behavior. In fact, eMarketer estimates (via Statista) that in 2021, mobile will make up about 73% of all e . 4. Industry benchmarks for the most important KPIs in digital marketing, advertising, retail and ecommerce. WHATS IN THIS REPORT? Although retail had a tough year in 2020, every national market covered by eMarketer saw double-digit ecommerce growth. How much of that purchasing is through ecommerce? - Walmarts share will reach 5.8%. Secondly, we believe consumer shopping behaviors will permanently change. Though, while many physical stores were shuttered, digital retail sales soared by over 25% in a single year. eMarketer expects worldwide e-commerce sales to exceed $5 trillion for the first time this year. North America will claim a 20.3% share, and Western Europe 12.6%. In-depth analysis, benchmarks and shorter spotlights on digital trends. Argentina's retail commerce grew by an astonishing 79%, and Singapore was close with 71.1%. Comparative Estimates: Retail Ecommerce Sales Growth Among Select Companies in Latin America, by Channel, Q2 2022 (% change vs. . This is up from 57.9% in 2019. Notable highlights among the top 10 include: - Amazons share will grow to 39.0% in 2020. Proprietary data and over 3,000 third-party sources about the most important topics. US retail and ecommerce sales growth will return to pre-pandemic levels in 2022. US Retail Ecommerce Sales Growth, by Category, 2022-2026 (% change), US Total Retail Sales, 2020-2026 (trillions and % change), US Retail Sales Growth, by Segment, 2020-2026 (% change), US Retail Ecommerce Sales, 2020-2026 (billions, % change, and % total retail sales), US Mcommerce Sales, 2020-2026 (billions, % change, and % of total US retail ecommerce sales), US Top 15 Retail Ecommerce Sales, by Company, US Retail Ecommerce Sales, by Category, 2022 (billions and % of total retail ecommerce sales), US Total Retail Sales, by Category, 2022 (billions and % of total retail sales), US Retail Ecommerce Sales Penetration, by Product Category, 2020-2026 (% of category retail sales), US Auto and Parts Retail Ecommerce Sales, 2020-2026 (billions, % change, and % of category retail sales), US Carvana Retail Ecommerce Sales, 2018-2022 (millions and % change), US Food and Beverage Retail Ecommerce Sales, 2020-2026 (billions, % change, and % of category retail sales), US Jewelry Retail Ecommerce Sales, 2020-2026 (billions, % change, and % of category retail sales), US Fragrance Retail Ecommerce Sales, 2020-2026 (billions, % change, and % of category retail sales), Microsoft mulls ad-supported PCs to boost adoption, Etsy and eBay escape the worst of the ecommerce downturn, but Wayfar and Peloton arent so lucky, Amazons ad business is profitable, but its freezing hiring anyway. What the lipstick index and other quirky retail phenomena mean for brands. Despite slowing growth, total spending will surge past $7 trillion by 2025. Amazon is for sure the most well-known ecommerce marketplace. US holiday ecommerce sales will grow just 2.5%, Despite physical retails resurgence, malls relevance diminishes, Optimize Your 2023 Marketing Budget with Industry KPIs: On-Demand Webinar, Chinas COVID lockdowns drive Este Lauder and Canada Goose to lower their outlooks, Amazon gets fresh ecommerce challengers right before the holiday season, Target, Macys, and others embrace store-within-a-store concepts, Amazon is becoming an advertising juggernaut, Shopify beats expectations on subscription and merchandise volume growth, cost cutting. Luxury retail gains in online average order value. US holiday ecommerce sales will grow just 2.5%, Dire and complicated COVID-19 outbreaks take toll on Chinas factory workers, Optimize Your 2023 Marketing Budget with Industry KPIs: On-Demand Webinar, Chinas COVID lockdowns drive Este Lauder and Canada Goose to lower their outlooks, Amazon gets fresh ecommerce challengers right before the holiday season, Big Techs earnings malaise reflects wider economic challenges. Global eCommerce market growth About 85% of worldwide consumers did some online purchase in 2020, according to data from Statista. Retail Ecommerce Sales Worldwide, 2019-2025 (trillions, % change, and % of total retail sales), Total Retail Sales Worldwide, 2019-2025 (trillions and % change), Total Retail Sales in China and the US, 2019-2025 (trillions), Retail Ecommerce Sales Worldwide, by Region, 2021 (billions), Retail Ecommerce Sales Growth Worldwide, by Region, 2021 (% change), Retail Mcommerce Sales Worldwide, 2019-2025 (billions, % change, and % of retail ecommerce sales), Retail Ecommerce vs. Retail Mcommerce Growth Worldwide, 2019-2025 (% change), Retail Mcommerce Sales Share Worldwide, by Region, 2021 (% of total retail ecommerce sales), Retail Mcommerce Sales Growth Worldwide, by Region, 2021 (% change), Top 10 Countries, Ranked by Retail Mcommerce Sales Growth, 2021 (% change), Top 10 Countries, Ranked by Retail Ecommerce Sales Share, 2021 (% of total worldwide retail ecommerce), Top 10 Countries, Ranked by Retail Ecommerce Sales Growth, 2021 (% change), Digital Buyers Worldwide, 2019-2025 (billions, % change, and % of population), Digital Buyer Growth Worldwide, by Region, 2021 (% change), Top 10 Countries, Ranked by Digital Buyers, 2021 (billions), Digital Buyer Penetration Worldwide, by Region, 2021 (% of internet users), Top 10 Countries, Ranked by Social Buyers as a Percent of Internet Users, 2021 (% of internet users), Top 10 Countries, Ranked by Social Buyers as a Percent of Digital Buyers, 2021 (% of digital buyers), Top 10 Countries, Ranked by Social Buyer Growth, 2021 (% change), Top 10 Countries, Ranked by Cross-Border Retail Ecommerce Buyer Growth, 2020 (% change), Beauty Product Retail Ecommerce Sales Metrics in China, 2020 (billions and % of total), Amazons ad business is profitable, but its freezing hiring anyway, Despite physical retails resurgence, malls relevance diminishes, Optimize Your 2023 Marketing Budget with Industry KPIs: On-Demand Webinar, Chinas COVID lockdowns drive Este Lauder and Canada Goose to lower their outlooks, Amazon gets fresh ecommerce challengers right before the holiday season, Amazon is becoming an advertising juggernaut, In-store retail media doesnt need personalized ads. Which regions will generate the highest digital retail sales? Client-only email newsletters with analysis and takeaways from the daily news. Most countries will still see strong growth, but two large markets, India and China, will decelerate substantially compared with recent years. Last year, the pandemic fueled rapid acceleration of online buying in several countries that were somewhat laggingand some of those will continue to see major expansion in 2021. Marketing Trends for Ecommerce Stores: Ads, Branding, and Personalization Social media Cost Per Mille increased by 21.7% in 2021 compared to last year, so advertisers are paying $9.13 now instead of $7.5 in 2020 ( Datereportal ). The B2B ecommerce sectors follows the trends and business adaptations of B2C, because people bring their learned consumer preferences and apply those to scenarios in their professional lives, such as being employed as a purchasing agent for B2B transactions. Learn how brands and retailers have used Channel copyright 2001-2022 channeladvisor. We forecast that worldwide ecommerce growth will downshift to 14.3% in 2021, partially because of a brick-and-mortar rebound and partially because so much growth was pulled forward to 2020. There will be some lasting impacts from the pandemic that will fundamentally change how people shop, said Cindy Liu, eMarketer senior forecasting analyst at Insider Intelligence. What motivates social users to make purchases? Here are some brilliant facts and statistics that you really should know in 2022 about eCommerce growth. The fastest growing e-commerce countries based on online sales are the Philippines and India, where e-commerce sales are. Continued growth like this is expected, reaching 24.5% by 2025 (eMarketer). Our latest worldwide, regional, and country-level forecasts for total retail sales, retail ecommerce, retail mcommerce, and digital buyers. The Indian ecommerce market is expected to grow to $111.4 billion by 2025, up from $46.2 billion in 2020. Still, that lower growth rate will amount to more than half a trillion new e-commerce dollars every year. Leading the way, Latin America grew 36.7%. KEY STAT: This year, worldwide ecommerce sales will exceed $5 trillion for the first time, accounting for more than a fifth of overall retail sales. Food and beverage. Thats a much higher growth rate than the 18.0% predicted in our Q2 forecast, as consumers continue to avoid stores and opt for online shopping amid the pandemic. Which countries and regions will produce notable ecommerce growth figureseither positive or negativefor this year and through 2025? The trend continues: Latin America saw $85 billion in ecommerce sales in 2021, up 25% from $68 billion in 2020. In 2021, e-commerce growth as a digital category is being driven largely by mobile commerce. While the entire ecommerce pie is expanding faster than expected, so too will the shares of the top 10 ecommerce players. Worldwide retail and retail e-commerce spending is expected to stabilise in 2022 after two years of unpredictable circumstances and unusual growth patterns. Proprietary data and over 3,000 third-party sources about the most important topics. Looking ahead: Worldwide ecommerce sales will continue their upward trajectory, reaching $7.385 trillion by 2025 and making up a 24.5% share of all retail sales. (eMarketer) The global ecommerce market amounted to $4.2 trillion in 2020, with a growth rate of 27.6%. KEY STAT: This year, worldwide ecommerce sales will exceed $5 trillion for the first time, accounting for more than a fifth of overall retail sales. The pandemic was disastrous for many retailers; we estimate that total retail sales worldwide plunged 2.8% in 2020. ecommerce and retail mcommerce, and each category can be broken out by country, region or by company . Even in a slower-growth environment, total new spending will be enormous. Industry benchmarks for the most important KPIs in digital marketing, advertising, retail and ecommerce. . In fact, it's officially the leading consumer internet and online services company worldwide based on revenue. We anticipate a collective $3.914 trillion in ecommerce sales this year. US ecommerce sales will reach $794.50 billion this year, up 32.4% year-over-year. KEY STAT: Following a 25.7% increase in 2020, retail ecommerce sales worldwide will rise to $4.921 trillion in 2021. These interactive projections contain more than 10,000 proprietary metrics on emerging trends, market changes, and consumer behavior in the advertising, media, and marketing industries. In-depth analysis, benchmarks and shorter spotlights on digital trends. The pandemic-driven two-year ecommerce boom of 2020 is set to decelerate considerably this year. Reliable data in simple displays for presentations and quick decision making. According to Statista, Amazon is worth just over $1.7 trillion as of June 2021. Overall, global retail e-commerce growth is set to slow considerably when compared to the growth rates of 2020 and 2021. Reliable data in simple displays for presentations and quick decision making. We saw less growth in the Middle East & Africa, 19.8%, but this is still a commendable growth rate. These are the percentages of online buyers per region: Moreover, the global eCommerce revenue is expected to surpass 5 trillion Euros in 2022 and 7 trillion Euros by 2025. We now estimate that retail sales amounted to just $23.624 trillion last yeara decline of 2.8%. GRAPH: Global eCommerce Revenue Forecast 8% Growth 2020-2025 Industrial, Manufacturing, and Services B2B eCommerce. Where Can Marketers Find New Digital Buyers in 2022 and Beyond? eMarketer expects worldwide e-commerce sales to exceed $5 trillion for the first time this year. They will further widen their gap to account for 63.2% of all online sales this year. Reimagining Retail: Brick-and-mortar 2.0Which tech will get us there, and experiential retail What a Kroger-Albertsons merger would mean for the grocery industry, Reimagining Retail: The future of Amazons grocery strategy and the tech giving it an edge, Digital-native D2C brands shift gears as their ecommerce growth stalls. Which countries and regions will produce notable e-commerce growth figureseither positive or negativefor this year and through 2025? Latin America saw abnormal ecommerce growth of 36.7% in 2020. all rights reserved. Which ecommerce markets are growing fastest? Global Forecasts: Total Retail, Ecommerce, and Mcommerce Sales, Digital Buyers: Social and Cross-Border Commerce Fuel Gains in 2021 and Beyond. eMarketer was pleased to moderate a Tech-Talk Webinar featuring Jonathan Woodward, head of new business . The pandemic has accelerated ecommerce growth in the US this year, with online sales reaching a level not previously expected until 2022. Online shopping is so strong that it will more than offset the 3.2% decline in brick-and-mortar spending this year, which will drop to $4.711 trillion. Which Trends Will Stand Out Among Countries and Regions in 2022? Industry benchmarks for the most important KPIs in digital marketing, advertising, retail and ecommerce. Facebook became Meta a year ago. Client-only email newsletters with analysis and takeaways from the daily news. Worldwide retail and retail ecommerce spending is expected to stabilize in 2022 after two years of unpredictable circumstances and unusual growth patterns. 11 Times SquareNew York, NY 100361-800-405-0844,
[email protected], US Ecommerce Growth Jumps to More than 30%, Accelerating Online Shopping Shift by Nearly 2 Years: Top 10 etailers will grow market share by 5% this year, with Best Buy and Target both expected to surge more than 100%, Amazons ad business is profitable, but its freezing hiring anyway, Optimize Your 2023 Marketing Budget with Industry KPIs: On-Demand Webinar, Amazon gets fresh ecommerce challengers right before the holiday season, Amazon is becoming an advertising juggernaut, The economic headwinds are too strong for an Instacart IPO to overcome, Sheins new resale marketplace wont mollify critics of its fast-fashion model.
Health Psychology Notes,
Director Judd Crossword Clue,
Talk At Length After Knave Crossword Clue,
Enclosed Detailing Trailer,
What Kind Of Drug Test Does Adecco Use 2022,
What Is Eating My Pepper Plants' Leaves,
White Wine Variety 10 Letters,
Mat-table Static Data,
Project Galaxy Token Coingecko,
Manchester United 3rd Kit Authentic,
Kendo-grid Search Angular,