6th April 2021
By 2025, e-commerce will expand by an additional US$1.4trn, and account for half the growth in the global retail sector, according to research company Euromonitor International.
In a recent webinar, Retail in Transition: Capitalising on Future E-Commerce Opportunities, Euromonitor looked into how the e-commerce market has transformed due to Covid-19, future tech investment areas and countries with unmet e-commerce potential.
Research for the webinar shows 16% of goods were bought online last year, double the ratio of 2015, with the growth expected to continue to accelerate in the next five years. The US, China and Mexico are forecast to achieve the highest absolute value growth between 2020 – 2025 at US$386bn, US$361bn and US$77bn respectively.
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