In 2020, the coronavirus pandemic accelerated ecommerce sales growth significantly. Growth won't be as high in 2021, but total sales will far exceed our pre-pandemic estimates.
We estimate that US retail ecommerce sales grew 33.6% in 2020, reaching $799.18 billion. As the pandemic subsides, in-store shopping will rebound, and a share of consumer spending will revert away from retail and toward services like travel and live entertainment.
However, sales growth this year will still build upon the massive upward revision from 2020, causing total ecommerce sales for 2021 to be more than $147 billion greater than we expected prior to the pandemic. We forecast ecommerce sales will grow...
| Report Preview * This chart and data were pulled from The US Ecommerce by Category 2021 Report by Insider Intelligence. Purchase the report below for $1,995 for immediate access. | | In 2020, the coronavirus pandemic accelerated ecommerce sales growth significantly. Growth won't be as high in 2021, but total sales will far exceed our pre-pandemic estimates.
We estimate that US retail ecommerce sales grew 33.6% in 2020, reaching $799.18 billion. As the pandemic subsides, in-store shopping will rebound, and a share of consumer spending will revert away from retail and toward services like travel and live entertainment.
However, sales growth this year will still build upon the massive upward revision from 2020, causing total ecommerce sales for 2021 to be more than $147 billion greater than we expected prior to the pandemic. We forecast ecommerce sales will grow... | | Other Related Reports | Despite a challenging year for retail in 2020, we estimate that worldwide retail ecommerce sales grew 27.6% for the year, for a total of... ACCESS FULL REPORT | The coronavirus is the biggest disruption to consumer retail spending patterns in recent history, far eclipsing the dramatic events of 2008's Great Recession... ACCESS FULL REPORT | | | To learn more about Insider Intelligence and our Ecommerce coverage, click below and fill out the form, and a member of our team will be in touch with you. | | | |
|
|
0 comments:
Post a Comment