North American e-commerce industry is expected to see a CAGR of 17.7% during the period (2019-2025). The e-commerce market in North America has been rapidly growing owing to the development of technological infrastructure in major economies such as the US and Canada. Increasing e-commerce sales and high internet penetration in the region has been also contributing to the North American e-commerce logistics market. Well established roadways and railways throughout the countries of North America are supporting the growing e-commerce market. The development of railways and roadways is helping the e-commerce companies of North America to provide fast logistic services. Although the development of road transport vehicles is under the development phase, it is expected to create opportunities for e-commerce companies to expand their logistics services. The US and Canada are continuously investing in their infrastructure to develop road, rail, and air transport facilities.

North American e-commerce industry report is segmented into electronics, apparel, healthcare, pharmaceuticals, and nutritional products, beauty and personal care, and others. Healthcare, pharmaceuticals, and nutritional products segment is anticipated to exhibit the highest growth in 2020. The demand for vitamins & proteins to maintain the immunity level of consumers is a key factor contributing towards the high growth of the market segment. Moreover, the e-commerce market for beauty & personal care products will grow at the second-highest growth in 2020. The high demand for personal care products to maintain hygiene is anticipated to be the key factor contributing to the growth of the market segment.

Major companies based in the US have gained profit during the outbreak of COVID-19 due to high demand for essential products such as toilet paper, surface cleaners, and groceries during the pandemic, For instance, in the first three months of 2020,  Amazon.com, Inc. revenue rose 26.0% to $75.5 billion as it became an essential provider for consumers staying at home to assist decelerate the spread of the COVID-19. Similarly, Walmart US e-commerce sales grew by 74.0% in the first quarter of 2021, surpassed eBay in US e-commerce sales. The company earns incremental costs related to COVID-19 of nearly $900 million as customers stocked up on essentials such as food and cleaning products and items such as clothes, toys, electronics, and home furnishings.

Some of the companies operating in the North American e-commerce market and get prominently affected with this outbreak include Amazon.com, Inc., ASOS PLC, eBay Inc., Express Logistics, and Walmart Inc. Despite the challenges faced due to disruption in the supply chain, online retailers such as Amazon are stepping up their delivery services by prioritizing shipments of household essentials, medical supplies, and other priority items. For instance, In February 2020, the company announced a new membership program called, "Walmart +". The news came shortly after Walmart cut ties with its shopping service, Jetblack.

Research Methodology

OMR global recently published a report addressing the impact of COVID-19 on the North American e-commerce industry. The study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, laws and policies, consumer behavior, and macro-economic factors. The report includes an analysis of different regions and countries and the effect of COVID-19 on the e-commerce industry of each respective region. Besides, an expected recovery timeline of the industry will also be included with the best- and worst-case scenario which will aid clients to take their future steps in the decision-making process.

Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog
• Government Organizations Reports

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

The Report Covers

• Comprehensive research methodology of the North American e-commerce industry.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American e-commerce industry.
• Insights about market determinants which are stimulating the North American e-commerce industry.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.