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

Source
Statista

Year
2018

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

79% of Customers Order Online Via a Mobile Device

30% of Online Shoppers are Millennials are are Between 18 and 34 Years Old

34% of online shoppers are Gen Xers and are between 35 and 54 years old

50% of Total eCommerce Revenue Comes from Mobile

7 Top Converting Companies Spend More than 5% of their Budgets on Optimization

Americans Spend 36% of their Shopping Budget Online

48% of all Ecommerce Transactions Are From Repeat Customers

$6.8 Billion Dollars Are Lost Annually as a Result of Slow-Loading Website

58% of the Top 1000 US Online Retailers Send Welcome Emails

E-Commerce Sales Accounted for 11.9% of All Retail Sales Worldwide

More Stats

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