Global Online Retailing to 2028

Global Online Retailing to 2028 Summary The global online retailing report provides analysis, market forecasts, consumer insight and retailer data in the global online retail market to 2028. The global online market is forecast to showcase a CAGR of 6.3% between 2024 to 2028, reaching sales of $4,142 billion. This growth is anticipated to be fueled by investments in e-commerce capabilities, including retailers’ technological capabilities, as well as the expansion of international players. The Asia-Pacific online retail sector continues to lead the global online market, boasting a 42.7% share in 2023. The region's swift expansion has garnered investments from prominent retailers, including Amazon and Walmart. In 2023, Amazon continued to assert its dominance in the global online retail market, capturing a market share of 6.9%, an increase from 6.5% in the previous year. Scope - Future growth of the global online retail market will be driven by technological advancement - Asia-Pacific takes the greatest regional share of the online retail sector in 2023, followed by the Americas - Amazon dominates global online retail market, driven by its strong logistical prowess Reasons to Buy - Understand where the demand lies within the Global online retail market across various price positionings, categories, and brands, to allow you to maximise customer acquisition. - Learn how continued inflationary challenges will impact the Global online market, and which players are most at threat from changing consumer habits. - Identify the key approaches brands are taking to stand out in the Global online retail market, and how you can adapt these to fit your own business.