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E-Commerce

U.S. E-commerce Sales Grow 40% in 2020

Digital Commerce 360’s 2020 U.S. Ecommerce Market Report details the surge in e-commerce due to store closures, statewide lockdowns and consumers’ fear of contracting the virus in public. 

11/19/2020
CHICAGO -- E-commerce will cross $839 billion this year, ending 2020 growing faster than it has in at least two decades, according to Digital Commerce 360’s months-long, in-depth analysis of how the pandemic shaped e-commerce in 2020.  

This report -- the first of its kind at Digital Commerce 360 -- will cover brand new exclusive research on 2020 ecommerce, including a full-year ecommerce and retail projection; ecommerce growth by category; a projection on U.S. marketplaces growth; and trends that will stick beyond the pandemic. It also includes a preliminary ranking of the top 250 North American online retailers.

KEY FACTS FROM THE REPORT

-- E-commerce sales will grow 40% to $839 billion by the end of the year.
-- E-commerce will account for 21% of all retail sales in 2020.
-- The top retail chains will collectively grow online sales 77% this year.
-- Retailers selling toys and hobbies products will grow online sales nearly 200% in 2020.

THIS NEW 2020 U.S. ECOMMERCE MARKET REPORT INCLUDES

-- An overview of how the pandemic impacted retail this year, including e-commerce and retail sales and growth projections
-- A ranking of the largest 250 North American retailers, based on projected 2020 ecommerce sales
-- E-commerce growth projections for 14 merchandise categories
-- 2020 online retail growth projections for the top five retailers in 13 categories
-- A list of bankrupt retailers in 2020
-- Analysis of U.S. marketplaces growth
-- A projection of U.S. e-commerce growth in 2021

To learn more, click here.
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