General Merchandise Stores E-commerce Sales in the US have shown significant growth since 2013, reaching a value of 573 million USD in 2023. This growth has experienced fluctuations, with notable dips in 2018 and 2020. The annual growth rate from 2013 to 2023 varied, notably a 4.37% increase from 2022 to 2023. The CAGR was 5.09% over the last 5 years.
From 2024, forecasted data suggest a steady increase in e-commerce sales, with a projected CAGR of 3.14% over the next 5 years, reaching 697.51 million USD in 2028. This indicates a more moderate but continuous growth trend.
Future trends to watch:
- Innovations in online retail technology.
- Changes in consumer behavior post-pandemic.
- Impact of emerging competitors and market strategies.