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U.S. Retail Ecommerce Sales are Expected to Surpass 735 Billion by 2023

Source
Statista

Year
2018

Topic
eCommerce Market

Statistic Info

This is up from $504.6 billion in 2018. Apparel and retail sales alone in the United States are projected to be more than $138.7 billion by 2022.

This statistic gives information on retail e-commerce sales in the United States from 2017 until 2023. In 2018, online sales of physical goods amounted to 504.6 billion US dollars and are projected to surpass 735 billion US dollars in 2023. Apparel and accessories retail e-commerce in the U.S. is projected to generate over 138.7 billion U.S. dollars in revenue by 2022. The United States rank behind several countries in terms of e-commerce sales as percentage of total retail sales – in 2016, almost a fifth of China’s retail sales occurred via the internet, compared to only 8.1 percent in the United States. The UK, South Korea, and Denmark are also ahead of the U.S. in terms of retail e-commerce share.

More 2018 Stats

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As of Q2 2018, 2.86 Percent of E-Commerce Website Visits Converted into Purchases

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23% of Users Will Abandon Their Shopping Cart if they Have to Create a New User Account

Almost Half of Consumers List Live Chat as their Preferred Way to Connect, and about the Same Number Say they would Buy from a Chatbot

4 in 10 Purchases are Made Using Only an Online Channel for Searching and Buying

Emails with a Single Call-to-Action Increased Clicks 371%