Amazon’s share of the US e-commerce market hit a new high, and the best-selling category is…

Amazon’s share of the US e-commerce market hit a new high, and the best-selling category is…

New PYMNTS data shows that nearly 60% of online retail transactions in the United States last year were conducted on Amazon , and Amazon's share of the US e-commerce market is showing a step-by-step growth .

 

Data shows that in 2014 , Amazon's share of the US online retail market was only 28.1% ; in 2021, its share had doubled to 56.7%.


 

The survey results also show that Amazon dominates the US e-commerce market. Last year, Amazon's share of online sales increased by more than 3.5 percentage points . In contrast, Walmart has also seen a nearly 50% increase in e-commerce in the past two years , but its share of the e-commerce market is still far lower than Amazon.

 

That is to say , although Walmart has made great efforts to develop its e-commerce business , it lags nearly 10 times behind its competitor Amazon in online sales due to its over-reliance on 5,000 physical stores across the country .

 

Additionally, PYMNTS compared the two retail giants' best-selling categories in 2021.

 

The results show that Walmart dominates the food and beverage category with an 18.6% index share , while Amazon's best-selling categories in the United States are : clothing accessories , sporting goods, music and books, and furniture and home furnishings.

 

Official data from PYMNTS shows that as of the end of 2021, Amazon and Walmart accounted for 14.6% and 6.5% of the US apparel category respectively.


Amazon also has a large market share in the sporting goods, music, and books markets . For Amazon, this is one of its revenue drivers , but for Walmart this category is a lagging area. In 2021, Amazon's share of this market was 16.9%, while Walmart's share of this market was only 3.4%.

 

For Amazon, the electronics and appliances market is also one of its best-selling categories. In 2021, Amazon accounted for 24.5% of the market. It is reported that this segment generated $108 billion in revenue for Amazon last year , accounting for about 21% of its total sales . In contrast, electronics and appliances only account for 5% of Walmart's total sales .


Amazon

US Market

<<:  Truck drivers in many European countries went on strike, causing transport disruptions

>>:  Shenzhen and other places work from home, 70% of cross-border companies pay salaries normally

Recommend

Klarna launches in Ireland

Klarna is a fintech company from Sweden that laun...

What is Great Jones? Great Jones Review, Features

Founded in 2018, Great Jones is an American DTC k...

What is Qiaotutu? Qiaotutu Review, Features

Qiaotuntun Cross-border E-commerce Service Platfo...

Sales surged 259%! Korean men also love cross stitch

As the COVID-19 pandemic has prevented people fro...

What is Amazon? Amazon Review, Features

Amazon Genie is a powerful Amazon advertising man...

Net profit plummets 50%! Amazon's revenue is lower than expected

Today, Amazon announced its third-quarter financi...