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).
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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.
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Key questions addressed by the report
• What is the market growth rate during the forecast period?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and coming years?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
North American E-Commerce Market – Segmentation
By Product Type
• Electronics
• Apparel
• Healthcare
• Pharmaceuticals, and Nutritional Products
• Beauty and Personal Care
• Others
North American E-Commerce Market – Segmentation by Geography
• US
• Canada
Company Profiles
• Amazon.com, Inc.
• ASOS PLC
• Datex Corp.
• Deutsche Post DHL
• eBay Inc.
• Express Logistics
• FedEx Corp.
• Omni Logistics LLC
• Radial Inc.
• Steel Connect, Inc.
• Walmart Inc.bout Us:
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