In 2023, global retail e-commerce sales reached an estimated 5.8 trillion U.S. dollars. Projections indicate a 39 percent growth in this figure over the coming years, with expectations to surpass eight trillion dollars by 2027.

World players Among the key players on the world stage, the Chinese retail giant Alibaba holds the title of the largest e-commerce retailer globally, accounting for a 23 percent market share. Nevertheless, forecasts suggest that by 2027, Seattle-based e-commerce powerhouse Amazon will surpass Alibaba in estimated sales, reaching a staggering 1.2 trillion U.S. dollars in online sales.

Leading e-tailing countries The Chinese e-commerce market was the biggest worldwide in 2023, as internet sales constituted almost half of the country's retail transactions. Indonesia ranked second with the highest share of retail sales online (32 percent), closely trailed by the United Kingdom and South Korea, exceeding the 30 percent mark. That year, the up-and-coming e-commerce markets 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 20 percent.

Key information about United States Retail Sales Growth

• United States Retail Sales grew 1.0 % YoY in May 2023, compared with a 1.6 % increase in the previous month.
• US Retail Sales Growth YoY data is updated monthly, available from Jan 1993 to May 2023, with an average growth rate of 4.7 %.
• The data reached an all-time high of 42.0 % in Apr 2021 and a record low of -15.8 % in Apr 2020.
• In the latest reports, Car Sales of US recorded 1,407,152.0 units in May 2023, representing a growth of 22.8 %.

Retail Sales in the United States increased 0.20 percent in February of 2025 over the previous month. This dataset provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news.

According to recent industry calculations, Turkey's compound annual growth rate until 2029 is the highest among the top 20 e-commerce markets worldwide. The Turkish e-commerce market is currently valued at 3.4 trillion Turkish lira. India and Brazil are also among the fastest-growing e-commerce markets globally, with CAGRs of over 11 percent. Will the United States be the global e-commerce leader? By 2026, the American online retail market value is forecast to surpass the 1.5 trillion U.S. dollar mark. Although the forecasted growth is strong, the American e-commerce market is not the world's biggest. In fact, the Chinese e-commerce market surpassed a value of one trillion U.S. dollars back in 2021, and is forecast to approach two trillion U.S. dollars in 2027. Different KPIs lead to different insights The Chinese and American online shopping markets are neck-and-neck, depending on the KPI selected. For instance, the average revenue per user is a useful KPI to determine the penetration rate of e-commerce in a country. For the U.S., the ARPU stands at roughly 4,650 U.S. dollars as of 2025. In China, this value is much lower, at just over 1,3000 U.S. dollars.

Internet sales have played an increasingly significant role in retailing. In 2024, e-commerce accounted for over 17 percent of retail sales worldwide. Forecasts indicate that by 2029, the online segment will make up close to over 21 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 seven trillion U.S. dollars, a figure expected to exceed 10.4 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 45 percent having made a weekly mobile purchase. South Korea, Taiwan, and the Philippines completed the top of the ranking.

Retail Sales in China increased 4 percent in February of 2025 over the same month in the previous year. This dataset provides - China Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for E-Commerce Retail Sales as a Percent of Total Sales (ECOMPCTSA) from Q4 1999 to Q4 2024 about e-commerce, retail trade, percent, sales, retail, and USA.

The revenue in the e-commerce market in the United States was forecast to continuously increase between 2024 and 2029 by in total 657.8 billion U.S. dollars (+53.79 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 1.9 trillion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the e-commerce market was continuously increasing over the past years.Find other key market indicators concerning the average revenue per user (ARPU) and number of users. The Statista Market Insights cover a broad range of additional markets.

The Taiwan retail industry, spanning from traditional brick-and-mortar stores to rapidly expanding e-commerce platforms, presents a dynamic landscape. Analyzing the period from 2019 to 2033, we observe consistent growth, although the rate fluctuates based on economic conditions and consumer behavior. The base year of 2025 provides a crucial benchmark for forecasting future performance. Considering a plausible market size of $100 billion USD (a reasonable estimate given the size of the Taiwanese economy and retail sector) in 2025, and assuming a conservative Compound Annual Growth Rate (CAGR) of 4% (reflecting both economic growth and evolving consumer preferences), the market is projected to reach approximately $117 billion USD by 2033. This growth is fueled by several factors, including rising disposable incomes, a growing young population increasingly engaged with online shopping, and the continuous influx of foreign brands seeking to tap into the Taiwanese market. However, challenges persist. Competition from both domestic and international players remains fierce, requiring retailers to continuously innovate and adapt their strategies to meet evolving customer expectations. Furthermore, the impact of global economic fluctuations and supply chain disruptions could influence growth trajectories. The future of the Taiwan retail industry hinges on the successful integration of online and offline channels (omni-channel strategies), personalized customer experiences, and the adoption of advanced technologies such as artificial intelligence and big data analytics for improved efficiency and customer engagement. The industry's ability to harness these technological advancements will be pivotal in maintaining its growth momentum and competitiveness in the long term. Government policies aimed at boosting domestic consumption and supporting small and medium-sized enterprises (SMEs) also play a significant role in shaping the overall industry landscape. A focus on sustainability and ethical sourcing will increasingly resonate with environmentally and socially conscious consumers, presenting opportunities for businesses to differentiate themselves. Recent developments include: In January 2021, Bolttech expanded in Taiwan via a device protection partnership with Samsung. Its latest partnership with Samsung in Taiwan includes arranging for mobile device protection to owners of new Samsung Galaxy smartphones and tablets through the Samsung Care+ program., In November 2020, Foodpanda expanded its e-commerce with more than 2,500 7-Eleven stores across Singapore, Malaysia, Taiwan, and the Philippines. With this partnership, Foodpanda brings hundreds of 7-Eleven items, including hot food, ready-to-eat instant meals, snacks and alcohol, and even pre-paid mobile phone cards, to customers' hands within an average delivery time of 20 minutes. Deliveries can be made anytime, anywhere, 24*7 via Foodpanda.. Notable trends are: Consumer Confidence to Strengthen on Minimum Wage Hike..

Retail Sales in Brazil increased 3.10 percent in January of 2025 over the same month in the previous year. This dataset provides - Brazil Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Global retail sales were projected to amount to around 32.8 trillion U.S. dollars by 2026, up from approximately 26.4 trillion U.S. dollars in 2021. The retail industry encompasses the journey of a good or service. This typically starts with the manufacturing of a product and ends with said product being purchased by a consumer from a retailer. Retail establishments come in many forms such as grocery stores, restaurants, and bookstores.

American retailers worldwide
As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of such American retailers. The success of U.S. retailers can also be seen through their performance in online retail.

Retail in the U.S.
The domestic retail market in the United States is a lucrative market, in which many companies compete. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers.

This dataset provides values for RETAIL SALES YOY reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Graph and download economic data for Sales: Retail Trade: Total Retail Trade: Volume for United States (SLRTTO01USA657S) from 1956 to 2024 about retail trade, sales, retail, and USA.

Mobile phones dominate global digital commerce website visits and contribute to the largest share of online orders. As of the fourth quarter of 2024, smartphones constituted around 78 percent of retail site traffic globally, responsible for generating 68 percent of online shopping orders. Marketplace momentum Retail e-commerce has significantly increased globally over the past few years. Currently, the leading countries in retail e-commerce growth, such as the Philippines, have seen an increase of up to 24 percent. In 2024, the majority of online purchases worldwide were made on online marketplaces, incurring around a 30 percent share of consumer purchases. The top four retail websites for consumers to visit globally were all marketplaces, with the leading website being Amazon.com. Converting clicks When shopping online, website visits often do not end in purchases. This can be due to having second thoughts when online shopping, or simply due to consumers using the platforms to search for products. In 2024, the conversion rate of online shoppers globally was just over two percent, with food and beverages incurring the highest conversion rate from online purchases. Across the globe, almost 20 percent of all retail sales were conducted online. This figure is forecast to increase to at least 21 percent by 2027.

According to a Swedish pharmacy annual report, e-commerce channels in different drugstore retail segments overall showed a higher growth rate than bricks-and-mortar sales during the year of 2023. Prescription e-commerce sales took a lead with over 20 percent of growth compared with bricks-and-mortar sales, which showed around eight percent of growth in this segment. Total online sales of all segments grew by over 17 percent, while retail sales in physical stood at 6.7 percent.

Retail Sales in Australia increased 3.80 percent in January of 2025 over the same month in the previous year. This dataset provides - Australia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

According to the Cognitive Market Research Report, the Duty-Free Retailing Market size in 2023 was XX Million and is projected to have a compounded annual growth rate of XX% from 2024 to 2031. The rapid expansion of the tourism industry and Increasing incomes of the middle class, cities becoming more urbanized, and duty-free retail stores integrating technological advancements are the drivers of this industry. The perfumes hold a dominant position in the duty-free retailing market as it is sold all around the world through internationally renowned distribution systems. The airport is the most dominant among the various sales channels because of the increasing number of local and international airports across countries is boosting product sales through this distribution channel. Asia Pacific became the dominant duty-free retail market in 2023, accounting for the majority of revenue. The launch of low-cost carriers and the construction of new air routes are driving the Asia-Pacific duty-free retail sector's growth. Key businesses have implemented a variety of competitive strategies, such as new product releases and partnerships, to keep ahead of the rising rivalry. In this regard, current market changes highlight the necessity for companies to use methods to combat competitive rivalry.

Market Dynamics of Duty Free Retailing

Key Drivers

The rapid expansion of the tourism industry stimulates market expansion of duty-free retailing.

The number of inbound and departing travelers is expanding dramatically because of many reasons. Many people visit cities to experience the culture of museums, art galleries, architecture, boutiques, and restaurants. The natural scenery is also a big 'pull' for visitors, especially mountains like the Alps in Europe or stunning stretches of shoreline in the Mediterranean or Caribbean. Moreover, people today make more money than they did 20 years ago, and also full-time employees now receive paid leave for at least three weeks every year. This means they can afford to take more than one vacation each year. Furthermore, people have more flexibility in choosing where and when they want to travel as they possess more cars and feasible airplane and rail transport. This feasibility and amenities make it easy to boast in tourism. Furthermore, the use of chartered aircraft has lowered the cost of international travel. Hence, the number of airport visitors is increasing internationally. A surge in local and international business travel, as well as sports travel, is a major element driving the size of the duty-free retail industry. The Summer Olympic Games, UEFA Euro, UEFA Champions League, and Premier Leagues are just a few of the significant events that draw large crowds from all over the world. Every year, sporting events are held in various nations throughout the world, boosting the number of foreign tourists and visitors, which boosts retail sales of luxury and branded goods, particularly through duty-free businesses. All the major European nations, as well as the Asia Pacific countries, particularly Malaysia, Singapore, Japan, and Thailand, draw a considerable number of people from across the world, thereby driving the duty-free retailing market sales. For instance, Qatar Airways Group CEO Engr. Badr Mohammed Al Meer has praised Qatar Duty-Free's (QDF) performance in 2023 after the travel retailer recorded a 32% year-on-year revenue increase. The past year has been marked by a slew of new shop openings, many of which were channel 'firsts', as well as high-profile campaigns, activations, and marketing activities as QDF continued to expand its estate of more than 200 retail and dining outlets following a landmark year in 2022 for the FIFA World Cup Qatar 2022. Other highlights that raised the market growth included like the opening of Yannick Alléno's award-winning Louis Vuitton Lounge, TRBusiness was on the ground in Doha providing coverage as well as a newly opened Dolce & Gabbana boutique, a three-day World Chocolate Day campaign with Venchi, a National Lipstick Day campaign with MAC Cosmetics, and the unveiling of a brand-new food court featuring five international cuisine concepts. The travel merchant enhanced its visibility on the athletic scene by sponsoring the Qatar Grand Prix and provided a unique twist on the classic Qatari Souq experience with Souq Al Matar, which houses seven shops and two eateries. (...

In 2024, China's online retail sales value in physical goods reached nearly 13.1 trillion yuan, increasing from about 13 trillion yuan in the previous year. Online retail sales of physical goods in China have experienced steady growth over the past few years.

Retail Sales Nowcast: sa: YoY: Contribution:(GDP) Gross Domestic ProductNowcast: GDP Nowcast: Growth: QoQ: Previous Quarter: United States data was reported at 0.139 % in 06 Jan 2025. This records an increase from the previous number of 0.001 % for 30 Dec 2024. Retail Sales Nowcast: sa: YoY: Contribution:(GDP) Gross Domestic ProductNowcast: GDP Nowcast: Growth: QoQ: Previous Quarter: United States data is updated weekly, averaging 0.001 % from Nov 2020 (Median) to 06 Jan 2025, with 216 observations. The data reached an all-time high of 20.175 % in 20 May 2024 and a record low of 0.000 % in 18 Nov 2024. Retail Sales Nowcast: sa: YoY: Contribution:(GDP) Gross Domestic ProductNowcast: GDP Nowcast: Growth: QoQ: Previous Quarter: United States data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s United States – Table US.CEIC.NC: CEIC Nowcast: Retail Sales.

The retail market size in India was expected to amount to 1.7 trillion U.S. dollars by 2026, up from 883 billion dollars in 2020. While an overall increase was noted up to 2019, 2020 marked a decrease due to the coronavirus pandemic. Nevertheless, the market is estimated to recover in 2021.

 The Indian retail landscape
Despite the pandemic, India was among the few countries, showing growth in retail sales in 2020. Characterized by its unorganized retail primarily via kirana stores, the country underwent a process of change in retail forms, which is yet to pace down. The emergence of larger retail spaces such as malls and supermarkets, along with growth of online commerce drove change in the subcontinent’s retail landscape. Nevertheless, kirana stores continued to dominate Indian retail, adopting digitalization and collaboration with larger players in this sector as well.

 The dominance of grocery retail   The retail of groceries contributed as much as 65 percent to India’s retail. However, only a small share of that was sold through online or modern retailers. The coronavirus (COVID-19) pandemic in 2020, gave online retail a new push to e-grocers. As products were sometimes not available at physical stores, online grocers such as BigBasket managed to fill that gap successfully.