According to Marketplace Pulse research, even if the global epidemic had not occurred, the e-commerce penetration rate in the United States could have reached its current level . It is true that the epidemic promoted the development of e-commerce in the United States in 2020 , but this acceleration is ultimately not a step change.
The lockdown caused by the epidemic has prompted a large number of users to turn to e-commerce and online groceries . In the second quarter of 2020 alone, online consumption in the United States increased by more than 40%, the fastest growth in decades. However, as offline retail recovers, the share of e-commerce in the US retail industry is declining.
E-commerce in the United States has been developing every year . The epidemic has caused it to develop rapidly in a short period of time , but as the epidemic situation improves , e-commerce has returned to the development trend of more than ten years .
According to data from the U.S. Department of Commerce, e-commerce accounted for 12.4% of total U.S. retail spending in the third quarter of 2021. If there had been no epidemic, based on the average growth rate over the past five years , the proportion is expected to be 12.6% this quarter . However, consumers are spending more online than historical trends would predict . In the third quarter, U.S. e-commerce spending was $204 billion. Before the pandemic , this figure was expected to be $183 billion. At the same time, because offline retail spending also increased , e-commerce 's market share was almost the same as expected before the pandemic .
In the third quarter, Amazon reached sales levels that it would have achieved even without the pandemic , and Target continued to grow strongly, driven by services such as same-day delivery . Shopify is also growing , with the increasing number of merchants on the platform being one of the important driving forces . At this moment, the epidemic is not over yet, and the disruption of the global supply chain has brought new challenges . Some economic theories believe that the growth of e-commerce penetration will look more like a J-shaped curve, with a period of recession followed by a period of gradual recovery, rising to a higher point than the starting point.
The United States is also expanding its infrastructure of ports, warehouses , aircraft , and transport vehicles . Amazon and other companies are also hiring additional workers to better prepare for the changes ahead. But the most likely outcome is that U.S. e- commerce will continue to grow at the average rate of 14-15% in the decade before the pandemic . Amazon US Cross-border e-commerce market |
<<: Amazon's first domestic industrial belt collection and operation center is established in Yiwu
The COVID-19 pandemic in 2020 has ushered in expl...
Due to the impact of the epidemic, some parts of ...
Recently, according to foreign media reports, Fac...
To outsiders, Amazon operations may be a good job...
Yunnaqu.com is a one-stop import and export logist...
When will the days of declining product sales end...
<span data-docs-delta="[[20,{"gallery"...
Recently, Thrasio Research analyzed data from Sma...
Innojoy Patent Database is a comprehensive patent ...
Shandong Port Group Co., Ltd. is an important prov...
With the overseas Double 11 approaching, AliExpre...
Geoswift obtained a national license from the Stat...
For consumers, the size of the discount is an imp...
Junhang Brothers (Shenzhen Junhang Brothers Cross-...
As one German textile retailer after another file...