Most online customers prefer to pay with credit cards. An e-commerce payment is a system that facilitates the approval of electronic payment for a certain transaction through online medium. Article. GLOBAL ECOMMERCE MARKET RANKING 2019 Sell Global. This means sales through all other channels—stores, catalogs and call centers—declined. (Statista) 3. We exclude the following consumer categories from our definition of retail ecommerce sales: Food services and drinking place sales (i.e., restaurant sales, restaurant delivery ordered online); travel sales; event ticket sales; payments, such as bill pay, taxes or money transfers; gambling and other vice good sales. This chart shows how quickly mobile eCommerce is growing with global sales tripling over the past four years from just under $1 trillion in 2016 to almost $3 trillion in 2020. Global ecommerce is growing rapidly. This means sales through all other channels—stores, catalogs and call centers—declined. Abstract. Directly accessible data for 170 industries from 50 countries E-commerce is growing quickly, but at different rates across the world. More global consumers shopped online this holiday season than ever before. Six of the top 10 fastest-growing ecommerce countries in 2019 hail from the Asia-Pacific region, led by India and the Philippines at more than 30% growth and rounded out by China, Malaysia, Indonesia and South Korea. Adjusted for one-off effects, the … We also forecast that overall worldwide retail will rebound … China is by far the biggest e-commerce market in the world as seen in figures from the Statista Digital Market Outlook. facts. Close X. In last year’s global e-commerce analysis, estimated y-o-y growth was 20.7%, increasing from $2.9 trillion in 2018 to $3.5 trillion in 2019. Operating profit (EBIT) improved by 17.4% in 2020 to more than EUR 4.8 billion. The market's largest segment is Fashion with a projected market volume of US$759,466m in 2021. User penetration will be 50.8% in 2021 and is expected to hit 63.1% by 2025. December 2, 2020. Even more mature regions for ecommerce like North America (Canada, 21.1% growth) and Europe (Russia, 18.7% growth) claimed spots in the top 10. Global E-Commerce Payment Market is valued at approximately USD 31 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13% over the forecast period 2020-2027. 2 with $586.92 billion. The global ecommerce & other non-store retailers market is expected to grow from $2267.94 billion in 2020 to $2641.1 billion in 2021 at a compound annual growth rate (CAGR) of 16.5%. E-Commerce is a huge platform which is growing at an unprecedented rate all over the world. The global e-commerce plastic packaging market was valued at USD 10.26 billion in 2020, and it is expected to reach USD 21.78 billion by 2026, registering a CAGR of … e-Commerce & Contactless Spur Last Mile Delivery Growth to a 15% Global CAGR from 2020-2025. Market Study Report LLC adds Global E-Commerce Fulfillment Services market research providing newest industry data and covering future trends, allowing you to identify the products and end users driving Revenue growth and profitability. Presort Services revenue improved from prior quarter and was flat to prior year. We anticipate a collective $3.914 trillion in ecommerce sales this year. Topics. E-commerce is growing 5 1. Economics & Country Risk Research & Analysis. Growth of E-Commerce in the 21st Century, Current Trends, and What the Future Holds By Alex Ullrich April 18, 2019 Read Time: 10 min. More than 1.4 billion people shopped online in 2018. New, Figures and insights about the advertising and media world, Industry Outlook As per an authenticate survey retail e-commerce sales ratio from 2014 to 2020 will be hike around 200%. This consumer spending slowdown over the past two years reflects growing economic uncertainty and a dampening economic environment across many corners of the globe. Geneva, Switzerland, 27 April 2020. For context, Tmall and Amazon ranked second and third with $458 and $339 billion GMV in annual third-party global market value respectively. GDP growth in Europe has also stalled on several fronts, and even a hot US consumer economy appears to have its best days in the rearview mirror. It’s hard to fathom, but China only recently surpassed the US in ecommerce sales in 2013 for the first time. Be a part of a family of professionals who thrive in an exciting work environment. Such growth is mainly coming from the ease of buying online. Unter B2C-E-Commerce versteht man den Online-Handel zwischen Unternehmen und Konsumenten. At the end of 2018, around 70% of all e-commerce traffic occurred through phones. Retail Ecommerce Sales. The Group thus significantly exceeded its previously adjusted earnings target of EUR 4.1 to EUR 4.4 billion. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Though global ecommerce growth will slow before picking up in 2022, ecommerce sales are at an all-time high after the pandemic accelerated years of growth in just weeks ; Record ecommerce competition—fueled by legacy wholesalers, global retail giants, and product categories not traditionally purchased online—is driving up customer acquisition costs; Many new competitors are not equipped … E-commerce activities in the Asia-Pacific region represent over 70% of global eCommerce. The global e-commerce market size was valued at USD 9.09 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.7% from 2020 to 2027. E-commerce is growing 5 1. New, Everything you need to know about the industry development, Find studies from all around the internet. For the full year 2020, Pitney Bowes reported: Revenue of $3.6 billion, up 11% year over year. Any person in the world can purchase through an e-commerce store on their phone, and smartphones have been an enormous influence on the growth of e-commerce. The previous high was in 2008, when ecommerce accounted for 63.8% of all retail sales growth. Digital Market Outlook: retail e-commerce sales CAGR in selected markets 2020-2024. Nach einer Statista-Prognose werden im Jahr 2023 global insgesamt rund 2,37 Billionen Euro im B2C-E-Commerce-Markt mit physischen Gütern umgesetzt. Latin America boasts the top-growing overall ecommerce market—Mexico at 35.0%—and No. Although India represents one of the largest economies in the world, its ecommerce market is relatively nascent, due in large part to a lower-income population and still-emerging infrastructure to support payment and delivery. This contrasts with Canada’s relatively advanced internet market, which continues to see strong growth rates. The company reduced debt by $175 million. Article. ); consumer-to-consumer (C2C) platform sales (eBay, auction sites, etc.). Update, Insights into the world's most important technology markets, Advertising & Media Outlook In last year’s global e-commerce analysis, estimated y-o-y growth was 20.7%, increasing from $2.9 trillion in 2018 to $3.5 trillion in 2019. Retail Ecommerce Sales Growth Worldwide, by Region, 2020 eMarketer Global Ecommerce Industry Trends. People from every age whether they are children, millennials, or old loves to shop from different e-stores. The fastest growing ecommerce market in the world is China. ); digital download sales (movies, music, content, etc. 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. The global e-commerce plastic packaging market was valued at USD 10.26 billion in 2020, and it is expected to reach USD 21.78 billion by 2026, registering a CAGR of … Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 6.29%, resulting in a projected market volume of US$3,477,296m by 2025. This exciting region is home to over 350 million online shoppers, however it is has not yet been saturated … Die USA folgten mit Umsätzen in Höhe von rund 323,44 Millionen Euro auf dem zweiten Platz. However, the growth rate has slowed in recent years. In 2016, total retail sales across the globe will reach $22.049 trillion, up 6.0% from the previous year. Global e-commerce sales continue to increase each year and topped 3.5 trillion U.S. dollars in 2019. The eCommerce market encompasses the sale of physical goods via … Get in touch with us. Before COVID, e-commerce’s penetration rate for the food & beverage category was 2.5%, health 7.9%, and auto 2.9%. Yet between 2019 and 2023, e-sales in Brazil are estimated to grow at a compound annual rate of just two percent, significantly lower than many developing economies around the world. There’s still a varying degree of uncertainty about how consumers In 2020 global eCommerce market will cross the two trillion US$ threshold. Source information is only available to PRO subscribers. Before COVID, e-commerce’s penetration rate for the food & beverage category was 2.5%, health 7.9%, and auto 2.9%. In 2017, retail e-commerce sales worldwide amounted to 2.3 trillion US dollars and e-retail revenues are projected to grow to 4.88 trillion US dollars in 2021. This is the first time in history that ecommerce sales accounted for all retail sales gains. Gemessen an den E-Commerce-Umsätzen stellte China im Jahr 2019 das stärkste Land dar. As China goes, so goes the global ecommerce market. Amid this backdrop of declining momentum, we estimate that global ecommerce will rise 20.7% in 2019 to $3.535 trillion. This statistic presents Amazons' global retail e-commerce market share up to 2019. Worldwide: Revenue in the eCommerce market is projected to reach US$2,723,991m in 2021. In 2018, retail ecommerce sales grew 23.3% over the previous year. However, all of the growth in retail came from ecommerce. Retail e-commerce sales growth worldwide 2017-2023. Experts predict that retail ecommerce sales will reach $4.13 trillion in 2020. UK IMRG data. At the same time, it represents a marked decline from the five years preceding that, when global retail sales grew between 5.7% and 7.5% each year. Around 51% of online shoppers conduct purchases via their smartphones. The fastest-growing ecommerce market within the top 10 is India, which will jump 31.9% to $46.05 billion in sales this year. This statistic gives information on retail e-commerce market size worldwide from 2014 to 2021. Canada’s geographically dispersed population from its western to eastern borders has made building out ecommerce distribution centers and delivery capabilities more cost-prohibitive. Global e-commerce revenue exceeded $500 million for the first time, representing growth of 60% over prior year. Global retail ecommerce sales will decelerate to a 16.5% growth rate in 2020 (down from 20.2% last year). Ecommerce sales will continue to accelerate in many individual national markets, but not overall. Most online customers prefer to pay with credit cards. The previous high was in 2008, when ecommerce accounted for 63.8% of all retail sales growth. E-commerce growth rates in other countries. Jeff Bezos to step down as Amazon CEO following a record-breaking quarter . Global E-commerce Plastic Packaging Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com February 25, 2021 12:55 PM Eastern Standard Time We include the following consumer categories in our definition of retail ecommerce sales: Retail ecommerce sales include the sale of products and related services ordered using the internet, regardless of fulfillment method. The pandemic's impact on customer experience, the best US loyalty programs, and Gen Z's recovery ... 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The use of e-commerce payment systems has become widely … This growth was primarily driven by the global e-commerce boom, which led to considerably higher shipment volumes in the parcel and express business. There’s still a varying degree of uncertainty about how consumers How did e-commerce begin, and what does its future hold? This is expected to reach $4.88 trillion in 2021. In 2019, the top global ecommerce market will be China, with $1.935 trillion in ecommerce sales—more than three times greater than the US at No. Exportable files for easy reading, analysis and sharing. E-Commerce Market Boosting The Growth Worldwide: Amazon, AliExpress, Myntra, Flipkart 02-08-2021 06:17 PM CET | IT, New Media & Software … At the end of 2018, around 70% of all e-commerce traffic occurred through phones. Worldwide. This is often not an easy question to answer as there are multiple influencing factors, … Despite Canada’s overall digital maturity, ecommerce has traditionally lagged in the market because of logistical inefficiencies. and over 1 Mio. The growth of e-commerce. Recent improvements are now helping shift spending online at an accelerated rate. eMarketer 2019 Global Ecommerce Forecast. 8 Argentina. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. GLOBAL ECOMMERCE MARKET RANKING 2019 - 2 GLOBAL ECOMMERCE MARKET RANKING 2019 For any brand looking at the cross-border growth opportunity, there is one crucial question: which countries are likely to offer the easiest path to success? Of the total global retail sales in 2019, 14.1 percent came from online purchases. In 2019, Amazons is projected to account for 13.7 percent of worldwide retail e-commerce sales. Despite its obviously strong growth rate, 2019 will experience a decline from the previous two years when ecommerce grew 28.0% in 2017 and 22.9% in 2018. It is expected that mobile commerce will take a market share of ecommerce of 72.9% by 2021. Insights from industry and company leaders. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. (% of respondents, Q1 2019). Experts predict that retail ecommerce sales will reach $4.13 trillion in 2020. 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By 2021, global mobile eCommerce sales are expected to be worth $3.56 trillion, according to an eMarketer prediction from 2018. Western Europe owns three of the top six ecommerce markets, led by the UK ($141.93 billion), Germany ($81.85 billion) and France ($69.43 billion), but as more mature markets, each is growing at year-over-year rates well below the global ecommerce growth rate. Market Study Report LLC adds Global E-Commerce Fulfillment Services market research providing newest industry data and covering future trends, allowing you to identify the products and end users driving Revenue growth and profitability. Ecommerce sales will continue to accelerate in many individual national markets, but not overall. This is the first time in history that ecommerce sales accounted for all retail sales gains. Motor vehicle and parts dealer sales; furniture sales; electronics and appliance sales; building material and garden equipment sales; food and beverage sales; health and personal care sales; gasoline sales; clothing and clothing accessories sales; sporting goods, hobby, book and physical music sales; general merchandise sales; miscellaneous sales; nonstore sales (i.e., pure play ecommerce platform sales, mail order sales, etc. E-commerce activities in the Asia-Pacific region represent over 70% of global eCommerce. Retail Ecommerce Sales Growth Worldwide, by Region, 2020 eMarketer Global Ecommerce Industry Trends. The COVID pandemic has shifted e-commerce in 2020, maybe more than any other time in history. However, the year growth rate of worldwide eCommerce market continued to decline, starting in 2017. 8 ecommerce market worldwide will grow 21.1% to $49.80 billion in 2019. However, all of the growth in retail came from ecommerce. On its own, China represents 54.7% of the global ecommerce market, a share nearly twice that of the next five countries combined. Online sales accounted for 101% of all gains in retail in 2020. Where will e-commerce sales grow the most? Join a global business leader that is dedicated to helping businesses make the right decisions. Retail Ecommerce Sales Growth Worldwide, by Region, 2020 (% change) Publication Date. The IMRG-Cap Gemini Index is only available for members who include the largest UK E-commerce and multichannel brands. Keeping this dip in mind, the forecast for 2020 in June 2019 stood at $4.2 trillion, with a growth rate of 19%. Amid this backdrop of declining momentum, we estimate that global ecommerce will rise 20.7% in 2019 to $3.535 trillion. In the 21 st Century all types of businesses rely on e-commerce to market their . The Emarketer report also compares growth between the top 10 countries ranked by ecommerce sales, showing that China now surpasses the US and UK. We are happy to help. We estimate that the global retail market will reach $25.038 trillion in 2019, an increase of 4.5% and slight acceleration in growth vs. the prior year. According to eMarketer’s estimates, e-commerce sales will account for one-tenth of total retail sales worldwide in 2017. 14 August 2018 David Deull. The global ecommerce market will rise more than 20% in 2019, despite mounting economic uncertainty and declining consumer spending growth around the world. Any person in the world can purchase through an e-commerce store on their phone, and smartphones have been an enormous influence on the growth of e-commerce. Around 51% of online shoppers conduct purchases via their smartphones. eMarketer estimates sales will top $27 trillion in 2020, even as annual growth rates slow over the next few years, as explored in a new eMarketer report, “Worldwide Retail Ecommerce Sales: The eMarketer Forecast for 2016” (eMarketer PRO customers only). In the coming years, it is expected that growth of e-commerce will increase like never before with all the current technologies. Dublin, Dec. 11, 2020 (GLOBE NEWSWIRE) -- The "Global E-commerce Payment Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. E-COMMERCE WILL CONTINUE TO GROW BEYOND THE ACCELERATED DEVELOPMENT CAUSED BY THE PANDEMIC With a 19% growth worldwide in 2020², the e-commerce market will continue this upward trend for years to come. The global ecommerce & other non-store retailers market is expected to grow from $2267.94 billion in 2020 to $2641.1 billion in 2021 at a compound annual growth rate (CAGR) of 16.5%. Feel Local. China and the US will amount to US$1.6tn in e-commerce sales in 2017, representing almost 70% of global e-commerce. Online sales accounted for 101% of all gains in retail in 2020. The No. Fast growth in e-commerce sales to consumers and cross-border purchases. Ecommerce growth statistics show a steady rise in global retail ecommerce sales by the year, with the total value rising from $1.34 trillion in 2014 to $2.84 trillion in 2018. E-commerce sales worldwide will continue to grow in 2017, rising 23% to reach US$2.3tn. Such growth is mainly coming from the ease of buying online. The average revenue per user (ARPU) is expected to amount to US$714.11. Sources. US, China and UK dominate e-commerce sales to consumers. Even with the cooling off of China’s previously hot consumer economy, Asia-Pacific will still lead the global ecommerce growth charge in 2019. Advertising on Pinterest, getting curbside pickup right, and how to know when in-store retail is ... 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It is expected that mobile commerce will take a market share of ecommerce of 72.9% by 2021. Latin America and Middle East/Africa will experience identical year-over-year growth rates of 21.3%, slightly outpacing the global average, while North America (up 14.5%) and Western Europe (up 10.2%) are the laggards. In 2018, an estimated 1.8 billion people worldwide made an online purchase. Though global ecommerce growth will slow before picking up in 2022, ecommerce sales are at an all-time high after the pandemic accelerated years of growth in just weeks ; Record ecommerce competition—fueled by legacy wholesalers, global retail giants, and product categories not traditionally purchased online—is driving up customer acquisition costs; Many new competitors are not equipped … Brand Mentality™ and the future-forward marketing revolution, The Ad Platform: Why interoperability is the future of identity, Drivers of Google's ad business, YouTube shifting to CTV, and digital ad tolerance, Around the World with … Cross-Border Ecommerce: Barriers, leading markets, and marketplaces. The rate of online shopping is increasing beyond measure rate and this is driving e-commerce owners crazy to keep their solid place in the online race. Traditional retail sales have declined but e-commerce has seen a year-over-year growth … Asia Pacific leads the way while Western Europe lags. See … Most countries will still see strong growth, but two large markets, India and China, will decelerate substantially compared with recent years. The e-commerce payment market is poised to grow by $113.68 billion during 2020-2024 progressing at a CAGR of 20% during the forecast period. Worldwide, ecommerce growth will decelerate substantially this year, despite consumers’ newfound enthusiasm for digital shopping solutions. Chinese platform, Taobao, is the biggest online marketplace with a gross market value (GMV) of $484 billion. Keeping this dip in mind, the forecast for 2020 in June 2019 stood at $4.2 trillion, with a growth rate of 19%. We expect the region to see growth of 25.0% to $2.271 trillion, representing 64.3% of global ecommerce spending. Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Global ecommerce sales amounted to more than $3.5 trillion dollars worldwide in 2019 and this number is expected to continue growing over the next few years, proving that ecommerce is an increasingly lucrative option for businesses. Es umfasst den elektronischen Internethandel von Waren und Dienstleistungen an den Endkunden. The fastest growing ecommerce market in the world is China. Increasing penetration of internet is bolstering the smartphone using population across the world. Global E-commerce Plastic Packaging Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com February 25, 2021 12:55 PM Eastern Standard Time Where E-Commerce is Growing Fastest. China’s economy, which has been surging over the better part of the past decade, has seen GDP growth level off considerably. GLOBAL ECOMMERCE MARKET RANKING 2019 - 14 GROWTH The high-growth region of Southeast Asia represents a huge opportunity for international brands. As the world of shopping and finance continues to grow and evolve, new e-commerce trends emerge. Featured In Global Ecommerce Update 2021 . Revenue in the eCommerce market is projected to reach US$2,723,991m in 2021. Related Charts & Analysis. By 2021, we expect global ecommerce will approach $5 trillion, though growth rates will fall below the 20% threshold beginning in 2020. Worldwide e-commerce share of retail sales 2015-2023. (% of respondents, May 2018), Cross-Border B2C Ecommerce Sales in the EU-16*, 2018, 2020 & 2022 (billions of € and % change), Cross-Border Retail Ecommerce Sales in China, 2017-2022 (billions and % change), Social Shoppers Worldwide, by Region, Q3 2018 (% of respondents in each group), What Types of Miniprograms* Do WeChat Users in China Use? The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. (% of respondents, Jan 2019), Average Pickup Time Delay for Retailers' Buy Online, Pick Up In-Store* Feature Worldwide, Aug-Oct 2018 (among retail websites analyzed by OrderDynamics), Number of Click-and-Collect Locations for Select Major US Retailers*, Jan-Dec 2018, What Percent of Purchases Are Digital Buyers Worldwide Making Domestically vs. Cross-Border? Asia-Pacific surpassed Europe and North America to become the 2019 non-cash transactions volume leader, at 243.6 billion. Since then, it has quickly widened the margin. However, the year growth rate of worldwide eCommerce market continued to decline, starting in 2017. Despite its obviously strong growth rate, 2019 will experience a decline from the previous two years when ecommerce grew 28.0% in 2017 and 22.9% in 2018. Global non-cash transactions surged nearly 14% from 2018–2019 to reach 708.5 billion transactions, the highest growth rate recorded in the past decade. Global e-Commerce hits $25.6 trillion – latest UNCTAD estimates. Reliable data in simple displays for presentations and quick decision making. Im Jahr 2013 hat rund die Hälfte aller Konsumenten in der EU 27 mindestens einen Online-Einkauf getätigt.