The North American e-commerce industry will see a considerable growth of 17.7% during the forecast period. The COVID-19 outbreak has surged online shopping activity in the US and Canada. The product categories seeing the highest rates of online growth include food & groceries, health & beauty, and hygiene items. Further, the e-commerce players in the region are making efforts to expand their global reach. For instance, in June 2020, Walmart, Inc. expanded its marketplace in the e-commerce industry by partnering with Shopify, Inc., a Canadian multinational e-commerce company. The US e-commerce industry generated $408 billion in 2018, which is projected to reach nearly $1.3 trillion in 2025 at a CAGR of 17.6% during the forecast period (post-COVID-19).
Browse the full report description North American E-Commerce Market Size, Share & Trends Analysis Report by Type (Electronics, Apparel, Healthcare, Pharmaceuticals, and Nutritional Products, Beauty and Personal Care, and Others), Impact of COVID-19 on North American E-Commerce Industry, and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/north-american-e-commerce-market
The North American e-commerce industry will see the highest growth of 18.1% (however, 1.5% less than that in 2019). The COVID-19 outbreak has surged online shopping activity in the US and Canada. The product categories seeing the highest rates of online growth include food & groceries, health & beauty, and hygiene items. Further, the e-commerce players in the region are making efforts to expand their global reach. For instance, in June 2020, Walmart, Inc. expanded its marketplace in the e-commerce industry by partnering with Shopify, Inc., a Canadian multinational e-commerce company.
Market Coverage
|
Report Elements |
Details |
|
Study Period |
2018-2025 |
|
Base year |
2018 |
|
Forecast period |
2019-2025 |
|
Segments Covered |
By Type |
|
Countries Covered |
US and Canada |
|
Key Companies Profiled |
Walmart
Inc., Amazon.com, Inc., ASOS PLC, Datex Corp., eBay Inc. Apple, Inc., and
Shopify Inc. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID
o Most affected region/segment
o Recommendations
North American E-Commerce Market – Segmentation
By Product Type
North American E-Commerce Market – Segmentation by Geography
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