Forecast: Non-Store Retailers E-Commerce Sales in Canada

The E-commerce sales of non-store retailers in Canada have shown a generally upward trajectory with some fluctuations in growth from 2013 through 2023. The value stood at CAD 63.347 billion in 2023, marking a 12.8% increase from the previous year. Between 2022 and 2023, the year-on-year growth rates were 14.84% and 12.8%, respectively. The five-year compound annual growth rate (CAGR) from 2019 to 2023 was 16.03%, reflecting robust interest and engagement in e-commerce channels.

Looking ahead, forecasts from 2024 to 2028 indicate a slight deceleration in growth, with a five-year CAGR projected at 6.87%. The total forecasted value in 2028 is CAD 98.235 billion, representing a 39.41% growth rate from 2024 levels.

Future Trends to Watch For:

• Increased adoption of omnichannel retail strategies integrating online and offline experiences.
• Continued innovation in delivery logistics and last-mile solutions.
• Rising competition from international e-commerce giants establishing local operations.
• The impact of regulatory changes and taxation on e-commerce operations.