Forecast: Electronic Shopping and Mail-Order Houses E-Commerce Share of Retail Sales in Canada

The Electronic Shopping and Mail-Order Houses e-commerce sector in Canada has been growing consistently. In 2023, the value stood at 42.2 billion Canadian Dollars. By 2024, the forecast value shows a significant increase to 47.534 billion Canadian Dollars, marking a substantial growth year-on-year. From 2024 to 2028, the e-commerce share of retail sales in Canada is forecasted to grow significantly, reaching 68.93 billion Canadian Dollars in 2028. This represents an average Compound Annual Growth Rate (CAGR) over the five years of approximately 9.76%.

Key variations to note:

  • From 2024 to 2025, an increase of 11.43%.
  • From 2025 to 2026, an increase of 10.14%.
  • From 2026 to 2027, an increase of 9.12%.
  • From 2027 to 2028, an increase of 8.29%.

Future trends to watch for include the increasing integration of AI and machine learning to improve customer experience, continued growth in mobile commerce, and potential regulatory changes impacting the e-commerce landscape. Additionally, the focus on sustainability and green logistics could become a significant factor influencing e-commerce strategies in the coming years.