E-commerce spending surges 72%! Check out Canada's top 10 e-commerce platforms

It is reported that Canada is one of the countries with the largest number of Internet users in the world, with 96% of its users currently online. With the booming development of e-commerce, Canada's e-commerce has made rapid progress. According to data from Group M, Canada's e-commerce spending increased by 72% in 2020, far exceeding other countries.

In fact, Canada is a medium-sized and relatively mature e-commerce market. Although it is dominated by American e-commerce giants to a certain extent, under the influence of the epidemic, Canada's e-commerce has also seen new developments. According to Statista, by 2022, Canada's online shopping users will increase to 28.3 million, accounting for 76.36% of the total population.

There is naturally fierce competition in such a huge market. Currently, Amazon can be said to be the only dominant player in Canadian e-commerce. However, with the expansion of the e-commerce market, many players with accumulated experience are actively seizing market share, such as Walmart, eBay and other e-commerce giants.

In order to have a more comprehensive understanding of the market competition in Canada’s e-commerce sector, let’s take stock of the top ten e-commerce platforms in the market↓↓↓

1. Amazon Canada: 135.5 million monthly traffic

As we all know, Amazon is a long-established e-commerce company and a "big name" in the e-commerce industry, so it naturally takes the lead. Amazon has now expanded to many countries including Canada, with diversified product types including clothing, home furnishings, toys, jewelry, etc., which means it can fully attract consumers.

2. Walmart Canada: 37.7 million monthly traffic

Walmart is the world's largest retail company, owning large supermarkets, department stores and grocery stores. It sells a variety of products online, including food, electronics, household appliances, fashion, auto parts, etc., and currently has operations in the UK, Mexico and other places.

2. eBay Canada: 30.5 million monthly traffic

eBay is an American online marketplace and one of the pioneers of e-commerce, which allows individuals and businesses to sell directly through online auctions. Currently, eBay has expanded to more than 20 countries including Canada, selling products ranging from automobiles, electronics, fashion, gardening products and sporting goods.

4. Canadian Tire: Monthly traffic: 26.3 million

Canadian Tire is a private-label retail chain specializing in men's and women's apparel and workwear. With its diverse brands, Canadian Tire sells a wide range of automotive, hardware, sports and leisure apparel, household products, toys and food products to a wide range of consumers.

5. Best Buy Canada: 21.4 million monthly traffic

Best Buy is a leading consumer electronics retailer in the United States, with operations in Canada, Mexico and China through subsidiaries.

6. Home Depot Canada: 21 million monthly traffic

Home Depot is the largest hardware and home furnishings retailer in the United States. It also operates in Canada and Mexico, selling tools, building products, home and garden equipment and furniture online and offline.

7. Costco Canada: 20.3 million monthly traffic

Costco is an American multinational company with global operations, physical and online businesses in many countries, and a leading position in the home furnishings and electronics categories.

8. Etsy Canada: 13.5 million monthly traffic

Etsy is an e-commerce platform focusing on handmade or vintage products, selling a variety of products such as art and photography products, clothing and accessories, food, bath and beauty products, toys, etc.

9. Hudson's Bay: 5.75 million monthly traffic

Hudson's Bay , also known as The Bay, is a chain of department stores that also develops its merchandise online, selling high-end fashion, accessories and home furnishings to Canada.

10. Newegg Canada: 3.45 million monthly traffic

Newegg was founded in the United States in 2001 and mainly deals in computer hardware and software, consumer and professional electronics. It is carrying out global expansion plans.

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Canada

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