fbpx

The US E-Commerce Nears To $1 Trillion

Share This Post

US E-Commerce sales are set to reach $1 Trillion this year. Yes, you read that right, it’s trillion with a “T.”

This milestone comes to us after 2021 came just short of reaching the same expectations. 

Although experts considered this figure inevitable, the Covid-19 pandemic catalyzed the growth of e-Commerce. Between March 2020 and February 2021, the pandemic boosted online shopping by an estimated $183 billion according to Adobe’s e-commerce division.

During this period, online consumers in the U.S. spent a staggering $844 billion, representing a 42% increase compared to 2019. What’s more, we can expect this trend to continue as the lasting effects of pandemic life continue to influence the lives of consumers.

The National Retail Federation forecasts online and non-store sales to grow between 11% and 13% this year to reach an estimated $1.17 trillion to $1.19 trillion.  This is notably more than the projected 3.7% predicted pre-pandemic. 

The Effects of Covid-19 on Consumer Behavior

“The pandemic was a consequential moment for e-commerce,” said Vivek Pandya, lead analyst at Adobe Digital Insights. “Not only did it accelerate growth by nearly two years, but it also impacted the types of goods consumers are willing to buy online.” 

These included shopping for groceries online. Spending on groceries via e-Commerce platforms more than doubled in the first year of the pandemic, and continued to rise by 7.2% the following year.

Additionally, sales of apparel have seen moderate growth, whereas electronic goods have remained firmly at the top of consumer demand. 


NRF’s CEO Matthew Shay said, “We should see durable growth this year given consumer confidence to continue this expanding, notwithstanding risks related to inflation, Covid-19, and geopolitical threats.”

Do You Want to Stay In the Know?
We keep our fingers on the pulse of all things e-commerce. Anata will bring you the news to keep you in the loop, and ready for any changes in the market.

At Anata, we offer innovative services to help handle and improve your Amazon Marketplace. From brand education to total handling of your Amazon profile, Contact us today so we can help you handle as many of these elements as you need so you can focus on the big picture. 

Have your online sales kept pace with the market? Comment below or reach out to us directly and we can show you how to catch up!

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

frustrated office worker
Uncategorized
Von Hill

Should I Hire an Amazon Agency?

In today’s fiercely competitive e-commerce landscape, establishing a successful presence on Amazon has become a crucial goal for businesses of all sizes. With millions of

Do You Want To Boost Your Business?

Drop us a line and keep in touch

Contact Us

Fill out the form below, and we will be in touch shortly.

FREE ANALYSIS

Fill out the form below, and we will be in touch shortly.
What services are you interested in?
What’s your monthly revenue?
What’s your monthly Amazon marketing budget?
How fast would you like to get started?
What metrics matter most to your Amazon success?