From 2013 to 2013, the sector experienced a significant year-on-year growth of 82.29% in 2016. Over the past two years (2021-2023), the growth rates were 6.26% and 5.74%, respectively. The last five years' CAGR was 8.65%. Forecasts suggest a 5-year CAGR of 3.61% with a predicted growth rate of 19.43% by 2028.
Future trends: The sector is expected to maintain steady growth due to increasing consumer preference for online shopping, technological advancements, and improved online retail infrastructure.
