US electronic shopping and mail-order houses e-commerce sales experienced substantial growth between 2013 and 2017, with year-on-year variations peaking at 16.93% in 2017. Following this period, the sector saw slowing growth rates, reaching only 1.76% in 2018 and -0.6% in 2022. By 2023, the sector saw a modest recovery with a 4.1% increase, standing at $509.02 billion. The last 5-year CAGR was 4.7%, anticipating continued, albeit slower, growth to $604.47 billion by 2028, translating to a 5-year forecast CAGR of 2.64%.
Future trends to watch for include the impact of evolving technology such as AI and machine learning in enhancing customer experiences, and the increasing importance of sustainability and ethical consumerism. The integration of omnichannel retail strategies may also play a crucial role in shaping the sector’s landscape.
Latest reports
US E-Commerce Market Report- Q1 2025
The first quarter of 2025 showcased significant shifts in the US e-commerce landscape, marked by robust growth in specific sectors such as fashion,...
China E-Commerce Market Report- Q1 2025
In the first quarter of 2025, the e-commerce landscape in China experienced robust growth, fueled by strategic advancements in technology and a favorable...
Japan E-Commerce Market Report- Q1 2025
In Q1 2025, Japan's e-commerce market showcased significant growth and adaptation across various sectors, driven by technological advancements and evolving consumer preferences. A...
Germany E-Commerce Market Report- Q1 2025
In Q1 2025, the E-Commerce landscape in Germany experienced significant developments across various segments, driven by technological innovations, strategic partnerships, and shifting consumer...
India E-Commerce Market Report- Q1 2025
The E-Commerce India market in Q1 2025 showcases remarkable growth driven by evolving consumer behaviors, technological advancements, and strategic market expansions. This quarter...
UK E-Commerce Market Report- Q1 2025
The first quarter of 2025 has highlighted several transformative trends within the UK's e-commerce sector. These developments are reshaping the landscape of E-Commerce...
France E-Commerce Market Report- Q1 2025
In the first quarter of 2025, the e-commerce landscape in France exhibited significant trends in mobile commerce, sustainability, cross-border trade, and consumer behavior....
Canada E-Commerce Market Report- Q1 2025
The Canadian E-Commerce market in Q1 2025 is marked by a complex interplay of economic factors, consumer behavior shifts, and strategic adaptations by...
Brazil E-Commerce Market Report- Q1 2025
The first quarter of 2025 has underscored significant trends and developments in Brazil's E-Commerce landscape, focusing on the pivotal areas of Mobile Commerce,...
Italy E-Commerce Market Report- Q1 2025
In the first quarter of 2025, Italy's e-commerce market demonstrated robust growth despite challenges in traditional retail sectors and external economic pressures. The...
