In 2024, global retail e-commerce sales reached an estimated ************ U.S. dollars. Projections indicate a ** percent growth in this figure over the coming years, with expectations to come close to ************** dollars by 2028. World players Among the key players on the world stage, the American marketplace giant Amazon holds the title of the largest e-commerce player globally, with a gross merchandise value of nearly *********** U.S. dollars in 2024. Amazon was also the most valuable retail brand globally, followed by mostly American competitors such as Walmart and the Home Depot. Leading e-tailing regions E-commerce is a dormant channel globally, but nowhere has it been as successful as in Asia. In 2024, the e-commerce revenue in that continent alone was measured at nearly ************ U.S. dollars, outperforming the Americas and Europe. That year, the up-and-coming e-commerce markets also centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing ** percent.
According to estimates, e-commerce sales revenue in Mexico amounted to ** billion U.S. dollars in 2021. The value was forecast to increase by over ** percent and reach about ** billion dollars in 2025 – mostly due to the rise of m-commerce in the North American country.
Internet sales have played an increasingly significant role in retailing. In 2024, e-commerce accounted for over ** percent of retail sales worldwide. Forecasts indicate that by 2029, the online segment will make up close to over ** percent of total global retail sales. Retail e-commerce Online shopping has grown steadily in popularity in recent years. In 2024, global e-commerce sales amounted to over ************** U.S. dollars, a figure expected to exceed **** trillion U.S. dollars by 2028. Digital development in Latin America boomed during the COVID-19 pandemic, generating unprecedented e-commerce growth in various economies across the region. So much so that Brazil and Argentina appear to lead the world's fastest-growing online retail markets. This trend correlates strongly with the constantly improving online access, especially in "mobile-first" online communities, which have long struggled with traditioe-comernal fixed broadband connections due to financial or infrastructure constraints but enjoy the advantages of cheap mobile broadband connections. M-commerce on the rise The average order value of online shopping via smartphones and tablets still lags traditional e-commerce via desktop computers. However, e-retailers around the world have caught up in mobile e-commerce sales. Online shopping via smartphones is particularly prominent in Asia. By the end of 2021, Malaysia was the top digital market based on the percentage of the population that had purchased something by phone, with nearly ** percent having made a weekly mobile purchase. South Korea, Taiwan, and the Philippines completed the top of the ranking.
While having slowed down from an impressive 24.9 percent year-on-year growth in 2017, Amazon's retail e-commerce sales in the United States are still growing in the double digits. In 2019, U.S. e-retail sales of the online platform increased by 19.1 percent and amounted to over 222.6 billion U.S. dollars.
The statistic shows the leading e-commerce platforms worldwide in 2021. At that time, Shopify was run on ** percent of e-commerce sites worldwide. E-commerce platforms provide a virtual store for consumers to buy products and services. The software provides both a virtual storefront as well as a variety of other services necessary for a retailer to run their business, such as inventory and customer relationship management or marketing and promotional tools.
China's e-commerce retail sales saw strong growth amid the coronavirus pandemic. In 2022, China's retail e-commerce sales value amounted to around **** trillion U.S. dollars, representing a *** percent year-on-year growth. Forecasts show that online retail sales in China will approach **** trillion U.S. dollars by 2027.
Costco's e-commerce sales were forecast at **** billion U.S. dollars worldwide in 2021, with the United States accounting for approximately ** percent of this value. Moreover, online sales of the retail giant were set to reach **** billion U.S. dollars by 2026.
Amazon is by far the leading U.S. company in the e-commerce space. According to forecasts, online sales through Jeff Bezos' platform were set to reach more than *** billion dollars in 2021. Coming in a distant second is retail chain Walmart, with sales expected to surpass ** billion dollars, and followed in third place by e-commerce company eBay, with sales of about **** billion dollars.
The number of users is forecast to experience significant growth in all segments in 2029. This reflects the overall trend throughout the entire forecast period from 2021 to 2029. It is estimated that the number of users is continuously rising in all segments. In this regard, the Consumer Electronics segment achieves the highest value of ****** million users in 2029. Find other insights concerning similar markets and segments, such as a comparison of revenue in Honduras and a comparison of revenue in Spain.The Statista Market Insights cover a broad range of additional markets.
Significant fluctuations are estimated for all segments over the forecast period for the revenue. The revenue decreases towards the end of the forecast period only in the segment Media, while the remaining segments follow a positive trend. The difference between 2021 and 2029 amounts to an absolute value of **** billion U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of countries or regions regarding user penetration and a comparison of average revenue per user (ARPU) in Russia.The Statista Market Insights cover a broad range of additional markets.
It was estimated that e-commerce sales in Chile accounted for ** percent of all retail sales in that South American country in 2021. The rate was forecast to reach ** percent by 2023. Likewise, the revenue generated by online sales in Chile was set to increase.
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A comprehensive dataset providing key insights into the eCommerce industry, including global retail online sales projections, number of eCommerce stores, digital buyer statistics, revenue growth in the United States, sector-wise revenue details with a focus on consumer electronics, average conversion rates, and mobile commerce sales forecasts.
During the peak of the coronavirus (COVID-19) crisis (March-April 2020) when many countries worldwide introduced lockdown measures, e-commerce share in total retail sales saw proportions that were not seen before. In the United Kingdom, where an already mature e-commerce market exists, e-commerce share saw as high as **** percent, before stabilizing in the subsequent periods. In the most current period (as of January 31, 2021), United Kingdom, United States and Canada were the leading countries where e-commerce had a higher share as a proportion of total retail, at **, **, and ** percent, respectively.
The United Kingdom is the leading market in Europe when it comes to online shopping. In 2021, the revenue of e-commerce in the United Kingdom reached a total of 129 billion British pounds. This figure is almost 15 percent up from the 112.7 billion British pounds in 2020, and over triple the revenue of UK e-commerce in 2015.
Leading e-commerce sectors According to the most recent e-commerce activity reports issued by the Office for National Statistics, non-store retailing done online, followed by textile, clothing, and footwear sales were the two sectors with the highest shares of retail e-commerce sales. Internet sales in Great Britain accounted for 92.6 percent of non-store retail, and over 26 percent of textile, clothing and footwear sales.
Sales value trends
Following the spike in e-commerce growth in 2020 due to the Covid-19 pandemic, internet retail sales were up 10.8 percent in 2021 compared to 2020, which had seen a much higher increase, at 47 percent. By the month, internet retail sales dropped by 20 percent as of January 2022. This decrease is likely due to UK shoppers re-adopting in-store shopping.
This statistic presents the forecasted year-on-year increase in online retail sales in selected European countries in 2021. It was forecast that while online retail sector is expected to boom throughout 2020, by 2021 growth rate will go down to normal levels. In all major European countries, online retail sales in 2020 showed a percentage change of varying degrees, between ** in Germany and ** percent in Spain.
In the last quarter 2024, e-commerce and electronic data interchange represented **** percent of net sales generated by the group Fastenal. That was an increase compared to the same quarter of the previous year, when digital channels accounted for **** percent of the revenue generated by the industrial supplies distributor.
In 2021, food and beverage stores generated 26.7 billion U.S. dollars through online retail sales in the United States. In total, sales of this type of retail establishments amounted to nearly 890 billion U.S. dollars that year. E-commerce sales of apparel and clothing accessories, in turn, registered e-commerce sales of 20.5 billion U.S. dollars.
Forecasts suggest, that in 2023, online retail sales in Canada amounted to nearly *** billion Canadian dollars. Furthermore, by 2027, e-commerce retail sales in the North American country would be more than *** billion Canadian dollars. Canada’s online shopper specs In 2021, Canada was home to over*** million digital buyers, and the figure is expected to surpass ** million by mid-decade. Among Canadians who shop online, the majority tend to make their online purchases on desktops rather than mobile devices, with desktop e-shopping generating an estimated ** billion U.S. dollars in 2021. Additionally, chain retail generates a significant portion of Canada’s total e-commerce sales, making up a forecasted total of ** billion U.S. dollars by the end of 2022. Even though most of these sales are first-party, third-party sellers are set to double sales in the next 5 years. Amazon in Canada With its massive global success, Amazon is unsurprisingly one of Canada’s biggest e-commerce players and is responsible for a significant portion of third-party e-commerce sales. On Amazon’s Canadian site, amazon.ca, the company is expected to complete 2022 with a sales value of almost ** billion U.S. dollars, roughly one-tenth of the country’s forecasted retail e-commerce sales for the same year. Amazon also ranked as Canada’s leading e-commerce grocery site in 2021. The platform offered approximately ****** different packaged food products, boasting a much larger inventory than other Canadian-native grocery e-retailers.
In Sweden, over ** percent of the companies experienced an increase of e-commerce after the outbreak of COVID-19. Just above **** percent said that the sales remained unchanged, whereas no-one experienced a decrease in internet sales.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
From January to March 2025, U.S. retail e-commerce sales amounted to roughly *** billion U.S. dollars, marking a small decrease compared to the previous quarter. Overall, retail e-commerce sales outdid the quarterly sales records registered in 2020. E-commerce in the post-pandemic era During the second quarter of 2020, as COVID-19 spread across the globe, the U.S.'s quarterly e-commerce revenue reached *** billion for the first time in history. In 2021, online retail sales account for**** percent of total retail in the United States. Clothing and accessories, including footwear, is one of the largest B2C e-commerce merchandise categories. Retail e-commerce sales in the United States are estimated from samples used for the Monthly Retail Trade Survey and exclude online travel services, ticket sales agencies, and financial brokers. Latest trend? Quick commerce Shoppers expect fast delivery of their purchases, especially when it comes to grocery products. This segment of the e-commerce industry goes under quick commerce and is expected to generate increasing revenue in the next years. Major quick commerce companies like Instacart or Uber Eat operate in the United States, where the quick commerce market is forecast to hit nearly ** billion U.S. dollars by 2027.
In 2024, global retail e-commerce sales reached an estimated ************ U.S. dollars. Projections indicate a ** percent growth in this figure over the coming years, with expectations to come close to ************** dollars by 2028. World players Among the key players on the world stage, the American marketplace giant Amazon holds the title of the largest e-commerce player globally, with a gross merchandise value of nearly *********** U.S. dollars in 2024. Amazon was also the most valuable retail brand globally, followed by mostly American competitors such as Walmart and the Home Depot. Leading e-tailing regions E-commerce is a dormant channel globally, but nowhere has it been as successful as in Asia. In 2024, the e-commerce revenue in that continent alone was measured at nearly ************ U.S. dollars, outperforming the Americas and Europe. That year, the up-and-coming e-commerce markets also centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing ** percent.