U.S. e-commerce sales to exceed $357 billion! Overview of each platform's performance

U.S. e-commerce sales to exceed $357 billion! Overview of each platform's performance

It is learned that according to the latest forecast of eMarket, despite the slowdown in growth, sales in the US e-commerce market are expected to reach US$357.26 billion in 2022, accounting for 34.6% of the global market.


After growing nearly 45% during the pandemic in 2020, U.S. e-commerce sales grew by only 16.7% in 2021, and growth will continue to slow to 14.8% this year. Sales will continue to decline by 2024, although at a much smaller rate.


How are the platforms performing?


Amazon remains the largest e-commerce platform with over 72% market share. Amazon’s online sales are expected to grow 18.3% in 2022 to over $250 billion. Its sales are expected to reach 25% of total U.S. retail sales.


eBay holds the position of the second largest online marketplace, but its share has been declining since 2016 due to sales turbulence. This year, with a 3% decline in growth, eBay's share will fall to 10.7%.


Aside from Amazon, Etsy is the only marketplace to see an increase in market share. Although small, its share will increase to 2.6% this year. Etsy marketplace sales are expected to grow 17% this year to $9.2 billion.


Walmart's share of the U.S. e-commerce market began to slow for the first time in 2021 and continued the trend in 2022, falling to 2%. After growing nearly 100% in 2020, Walmart's e-commerce sales growth slowed to 11.2% in 2021. This year's growth will reach 10.5%, reaching US$7.2 billion.


Editor ✎ Xiao Zhu/

Disclaimer: This article is copyrighted and may not be reproduced without permission.

<<:  Sellers beware! The FDA is cracking down on these products!

>>:  Q1 profit exceeded expectations! Rising shipping rates pushed UPS revenue to nearly $24.4 billion!

Recommend

What is Spyfu? Spyfu Review

Spyfu is mainly used to track competitors' SEO...

How to stabilize order volume and ranking after Amazon promotion

On Amazon, flash sales are a powerful tool to boos...

Attention! Amazon is strictly investigating the behavior of refurbishing listings!

Recently, Amazon’s regulatory measures on listing...

What is Socialadscout? Socialadscout Review

Socialadscout is a social ad monitoring tool that ...

Amazon puts robot distribution center into operation in Canada in preparation for peak shopping season

<span data-shimo-docs="[[20,"获悉,据外媒报道,近日亚马...

840 million! Sweeping the world! Tiktok becomes the most profitable software

According to application analysis company Data·ai:...

Amazon Advertising New Changes! Sellers can save money

Let’s start today’s main text. ◆ ◆ ◆ ◆ When we ru...

Autumn Prime sales are out! Already 70% of Prime Day sales

Last week's Amazon Autumn Prime event allowed ...

What is relevance? Relevance evaluation

The platform officials believe that the same perso...

Amazon updates its policy! Contacting buyers is prohibited from December

The newly released “one-click lock screen” featur...