Global & Regional Online Retailing, 2019-2023

Global & Regional Online Retailing, 2019-2023

  • April 2020 •
  • 82 pages •
  • Report ID: 5897024 •
  • Format: PDF
Global & Regional Online Retailing, 2019-2023

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.
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