US e-commerce growth will slow down in the next two years! Amazon is still the biggest beneficiary!

US e-commerce growth will slow down in the next two years! Amazon is still the biggest beneficiary!

According to a survey by market research firm eMarketer, US e-commerce sales increased by 32.4% from 2019 to 2020 due to the epidemic. However, as the epidemic eases, US e-commerce sales are expected to drop by about 16.1% from 2020 to 2021, and will remain near this growth level in the next two years.

Industry analyst Tuna Amobi said that Amazon will remain the biggest beneficiary in the US e-commerce market in the next two years for three reasons. First, most of the logistics distribution centers newly built by Amazon this year will be put into use next year; second, Amazon's container handling capacity doubled in the fourth quarter; third, Amazon is constantly expanding its air cargo fleet to reduce its reliance on third-party carriers.

In addition, it is worth mentioning that because of the provision of high-quality shipping, exclusive deals and other subscription services, the number of Amazon Prime members has exceeded 200 million this year, an increase of more than 50 million from 2020, and the growth trend is very optimistic.

Tuna Amobi added that in addition to Amazon, Walmart and Target also have optimistic prospects in the next few years. Both retailers initially focused on operating physical stores, but are now continuously developing e-commerce businesses. Walmart is expected to invest $15 billion in 2022 to update all old digital infrastructure, while Target will continue to vigorously improve its online delivery services by cooperating with more logistics companies (such as the acquisition of Shipt in 2017).


Editor ✎ Nicole/

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