US e-com grows by 14.2% in 2021; comprises 19.2% of total retail sales

US online sales represented 19.2 per cent of total retail sales in 2021, according to early Digital Commerce 360 estimates. Amazon accounted for more than two-fifths of all digital revenue in the country. Consumers spent $871.03 billion online with US merchants in 2021, up by 14.2 per cent year on year (YoY) from $762.68 billion the previous year.

While that is less than half of the record-breaking growth retailers experienced in a pandemic-fueled 2020, it is noteworthy that the industry maintained gains—and even grew—compared with the earlier giant surge in e-commerce, Digital Commerce 360 said in a press release.

Last year’s estimated 14.2 per cent jump in digital revenue pales in comparison to the 31.8 per cent spike in 2020, which currently is still the highest YoY rise since the US department of commerce began recording e-commerce data two decades ago.

US online sales represented 19.2 per cent of total retail sales in 2021, according to early Digital Commerce 360 estimates. Amazon accounted for more than two-fifths of all digital revenue in the country. Consumers spent $871.03 billion online with US merchants in 2021, up by 14.2 per cent year on year (YoY) from $762.68 billion the previous year.

But the significant slowdown meant growth normalised to pre-COVID-19 levels. In fact, the median online sales growth for the five years leading up to the pandemic was 14.2 per cent, and 2019’s uptick was 14.3 per cent.

The first quarter (Q1) of 2021 was the fourth consecutive quarter with over 30 per cent e-commerce growth at 39.1 per cent, according to commerce department data. But that increase was still elevated because it compared to the last largely pre-pandemic quarter in 2020, the company said.

See also  Hong Kong's AMTD signs agreement to acquire L'Officiel

Since then, growth slowed to single digits—9.2 per cent in Q2 2021 and 6.8 per cent in Q3—resulting in a 16.4 per cent jump in online sales through the first nine months of the year, according to commerce department data.

Digital Commerce 360 estimates e-commerce in Q4 2021 rose by 9.4 per cent YoY. Overall online holiday sales in the United States for the November-December 2021 period grew a more muted 10 per cent, according to Digital Commerce 360.

And an Adobe Analytics analysis puts October 2021 e-commerce growth at 8 per cent, which tempered the quarter’s performance.

Despite the deceleration of online sales growth since the first year of the pandemic and the recovery of in-store shopping, digital penetration remained on par with 2021 since both e-commerce and offline spending grew at roughly the same rate, Digital Commerce 360 noted.

After registering a near all-time high overall growth rate in 2020, total retail sales continued the momentum into 2021. Spending through all channels reached $4.55 trillion last year, up 14 per cent from $3.99 trillion in 2020, according to a Digital Commerce 360 analysis of commerce department overall retail data.

That record YoY climb was nearly double the 7.2 per cent growth in 2020 and still far higher than the previous highest growth of 7.3 per cent in 1999.

Fibre2Fashion News Desk (DS)

Source link

© 2022, Admin. All rights reserved.

istanbul escort aksaray escort arnavutköy escort ataköy escort avcılar escort avcılar türbanlı escort avrupa yakası escort bağcılar escort bahçelievler escort bahçeşehir escort bakırköy escort başakşehir escort bayrampaşa escort beşiktaş escort beykent escort beylikdüzü escort beylikdüzü türbanlı escort beyoğlu escort büyükçekmece escort cevizlibağ escort çapa escort çatalca escort esenler escort esenyurt escort esenyurt türbanlı escort etiler escort eyüp escort fatih escort fındıkzade escort florya escort gaziosmanpaşa escort güneşli escort güngören escort halkalı escort ikitelli escort istanbul escort kağıthane escort kayaşehir escort küçükçekmece escort mecidiyeköy escort merter escort nişantaşı escort sarıyer escort sefaköy escort silivri escort sultangazi escort suriyeli escort şirinevler escort şişli escort taksim escort topkapı escort yenibosna escort zeytinburnu escort porno 1080p porno izle 4k porno izle 720p porno izle abella danger alman alman porno alman porno izle aloha tube porno amatör amatör porno amatör porno izle anal anal porno anal porno izle arap porno asa akira porno asyalı porno bangbros porno bangbros porno izle banyoda sikis başörtülü porno beeg porno izle beyaz tenli porno izle biseksuel porno izle bisexsuel porno brandi love porno brazzers brazzers porno izle canli porno canli porno izle çinli porno çinli porno izle ensest porno ensest porno izle ensest seks erotik porno erotik porno izle esmer porno esmer porno izle etek altı fake agent fake taxi fake taxi porno fantazi pornoları fantezi porno izle fetiş porno fetiş porno izle fetish fransız porno fransız porno izle full hd hg porno izle gangbang porno genç kız porno izle genç kız sikişi genç teen porno izle gizli çekim porno gizli çekim pornosu grup pornosu grup porno grup porno izle hd pornolar hd porno hd porno izle hemşire porno hemşire pornosu hizmetçi porno hizmetçi porno izle ingiliz porno japon pornoları japon porno kızlık bozma kızlık bozma porno izle konulu porno konulu porno izle koreli porno köylü pornoları kumral porno kumral porno izle latin pornoları latin porno latin porno izle lezbiyen pornoları lezbiyen porno lezbiyen porno izle lisa ann porno liseli pornoları liseli porno liseli porno izle manken porno manken porno izle masaj porno izle masturbasyon porno izle masturbasyon pornoları mature porno mia khalifa porno mia malkova porno milf porno izle mobil porno mobil porno izle öğrenci porno izle öğretmen porno izle okul porno izle olgun kadın pornosu olgun porno oral porno oral porno izle oral seks porna izle pornhub pornhub porno izle porno film izle porno indir porno izle porno resimler porno star porntube porno izle redtube redtube pornoları riley reid porno rokettube rus pornoları rus porno rus porno izle sakso blowjob porno izle sarışın pornoları sarışın porno sarışın porno izle sarışın pornoları sekreter porno shemale sikiş sikiş sikiş izle şişman porno siyahi pornoları suriyeli pornoları swinger porno tecavüz porno teen porn türbanlı pornoları türbanlı porno türk pornoları türk porno türk porno izle türkçe altyazılı porno türkçe altyazılı porno izle xhamster pornoları xhamster porno xhamster porno izle xnxx xnxx porno xnxx porno izle xvideos xvideos porno izle yaşlı porno yeşilçam porno izle youjizz youporn youporn porno izle zenci porno güvenilir bahis siteleri bahis siteleri casino deneme bonusu casino siteleri deneme bonusu para yatırma bonusu bahis siteleri casino siteleribahis sitesi para yatırma