The Electronic Shopping and Mail-Order Houses Sales in Canada showed steady growth from 2015 to 2023, reaching 96.6 units in value in 2023. The year-on-year variation exhibited a mix of growth and slight declines, notably in 2021 with a decrease to 93.5, but rebounded to 95.8 in 2022. From 2019 to 2023, the annual growth rate averaged around 0.33%, indicating moderate expansion. Looking forward, sales are forecasted to grow modestly, achieving 98.9 units by 2028, reflecting a 1.64% growth over the five-year period.
Future trends to watch for include:
- Influence of emerging technologies such as AI and enhanced logistics on sales efficiency and customer satisfaction.
- Impact of evolving consumer preferences towards sustainable and locally sourced products.
- Potential disruptions or accelerations due to economic fluctuations and regulatory changes.