COVID-19 update included
The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic


Summary

Global online sales are projected to register a CAGR of 13.9% over the forecast period (2019-2023) to reach US$2,741 billion, up from US$1,631 billion in 2019, increasing its penetration in overall retail sales from 8.9% to 12.2% in 2023.

This report summarizes the common issues facing retailers globally as they face a retail landscape that is changing constantly, and rapidly, and becoming completely unrecognizable from the traditional model that evolved over centuries.


Scope

  • Online channel continues to steer overall retail growth globally
  • APAC set to overtake the Americas as the largest online market in 2020
  • Government and retailer initiatives to aid Chinese online retail growth
  • Food & grocery is the fastest-growing sector for online sales, although it remains at a nascent stage
  • Amazon dominates the global online market but faces intensifying competition




Reasons To Buy

  • This report summarizes the common issues facing retailers globally as they face a retail landscape that is changing constantly, and rapidly, and becoming completely unrecognizable from the traditional model that evolved over centuries.