It’s no surprise that the e-commerce share of global retail sales has soared. In July, eMarketer estimated that this percentage will hit 19.6% this year, a massive 42% increase from 2019. According to eMarketer, the share will be 24.5% by 2025.
In the US, e-commerce’s share of retail sales will be 15.3% in 2021, up from 14.0% in 2020. But eMarketer predicts that percentage will increase to 23.6% in 2025 , an exceptional growth for 2019 was 11.0%
“China dominates e-commerce” is the title of an article we published earlier this year. The numbers definitely confirm it. According to eMarketer, China’s e-commerce retail sales will account for about 52% of total global sales in 2021 – more than the US, UK, Japan, South Korea, Germany, France, India, Canada and Spain totals.