E-Commerce Sales Grew 50% to $870 Billion During The Pandemic – Forbes
Summary
On-line buying / ecommerce and retail sale idea : White basket for checkout, buying cart … [+] picture on a Laptop Pc keyboard, depicts clients order / buy issues from retailer websites using The internet
getty
The US Division of Commerce Retail Indicator Division, launched its’ Quarterly Retail E-Commerce Gross sales 4th Quarter 2021 report on Friday February 18th, 2022. The report symbolizes In all probability the most gr…….
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On-line buying / ecommerce and retail sale idea : White basket for checkout, buying cart … [+] picture on a Laptop Pc keyboard, depicts clients order / buy issues from retailer websites using The internet
getty
The US Division of Commerce Retail Indicator Division, launched its’ Quarterly Retail E-Commerce Gross sales 4th Quarter 2021 report on Friday February 18th, 2022. The report symbolizes In all probability the most granular e-commerce class sales knowledge provided by the US Division of Commerce, and is The one view that utterly separates e-commerce from Completely different types of non-retailer sales, Similar to mail-order. For The primary time, the report is now A conventional knowledge product, having beforehand been an experimental launch.
Brick and Mortar versus E-Commerce Gross sales
US Division of Commerce Retail Indicators Division
E-Commerce sales have been $870 billion Inside the US in 2021, a 14.2% enhance over 2020 and a 50.5% enhance over 2019. E-Commerce symbolizeed 13.2% of all retail sales in 2021 Inside the US.
The quickest progress class of e-commerce sales over the previous two years have been furnishings, constructing supplies, and electronics which cumulatively grew Greater than 200% since 2019. Meals and beverage e-commerce grew 170%, symbolizeing 9.6% of all grocery sales in 2021 Based mostly on eMarketer. Attire was Definitely one of many few packages of e-commerce to develop slower than the enterprise common at 39%.
E-Commerce Gross sales by Category versus 2019
Us Division of Commerce Retail Indicators Division
It is going to come as no shock to anyone that A worldwide pandemic accelerated the advertoption of e-commerce sales Inside the US. Even with the acceleration, the US retail sector Continues to be Inside the very early innings of digital disruption, barely symbolizeing 13% of retail sales, As in contrast with a extra digitally mature market Similar to China, the place e-commerce sales symbolize Greater than 46% of all retail sales Based mostly on eMarketer.