eCommerce: Market Revenue Growth
Pet Supplies eCommerce Revenue Growth in the United States
How is the eCommerce revenue growth in the U.S. Pet Supplies market evolving from 2018 to 2026? Explore the trends and patterns in our article.
Article by Patrick Nowak | June 19, 2024Download
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Pet Supplies eCommerce Revenue Growth in the United States
How Did U.S. Pet Supplies eCommerce Revenue Fluctuate from 2018 to 2026?
The eCommerce revenue growth in the U.S. Pet Supplies market has shown a remarkable trajectory from 2018 to the projected figures for 2026. The market started with a strong growth rate of 19.9% in 2018, followed by a substantial increase to 25.7% in 2019. The year 2020 witnessed an extraordinary surge in growth, reaching an impressive 59.6%. Despite this peak, the growth rate stabilized in the subsequent years, with 2021 recording a growth rate of 22.6% and 2022 at 10.5%. In 2023, there was a slight dip in growth with a rate of 13.9%, but the market is expected to bounce back in the following years. The forecasted growth rates for 2024, 2025, and 2026 stand at 14.8%, 13.4%, and 12.7%, respectively. These figures indicate a resilient and promising outlook for the eCommerce market in the U.S. Pet Supplies sector, showcasing a steady growth pattern over the years.
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