eCommerce: Market Revenue Growth
eCommerce Revenue Growth in the United States
How is the U.S. eCommerce revenue growth trend evolving from 2018 to 2026? Explore the annual fluctuations in the market in our article.
Article by Patrick Nowak | June 19, 2024Download
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eCommerce Revenue Growth in the United States
What Are the Trends in eCommerce Revenue Growth in the U.S. Market from 2018 to 2026?
The eCommerce sector in the United States has experienced a notable evolution over the years, showcasing a mix of steady growth and occasional fluctuations. Commencing with a respectable growth rate of 8.9% in 2018, the market saw a significant surge to 13.3% in 2019. The year 2020 marked a pivotal moment with an impressive growth rate of 52.2%, reflecting the accelerated shift towards online shopping. Subsequent years displayed a more moderate growth trajectory, with rates of 16.3% in 2021 and 5.9% in 2022. In 2023, there was a slight decline of 6.8%, indicating a temporary setback in the market. Looking ahead, forecasts predict a rebound in growth with rates of 8.5% in 2024, 8.2% in 2025, and 7.4% in 2026. These projections suggest a return to a more stable growth pattern, highlighting the resilience and adaptability of the eCommerce market in the United States.
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