15 Eye-Opening Online Shopping Statistics for 2022 (2022)

It was just over 25 years ago (1994) when the first documented online purchase was made.

Since then, online shopping has grown from being a novel concept to a multi-trillion dollar industry.

To put it into perspective and get a glimpse of the current state of things, I’ve compiled a list of some of the most eye-opening online shopping statistics for 2022.

These will show you where the industry is currently at, the opportunities that are out there, where it’s heading and what you can do to be more competitive.

Let’s jump right in.

Online Shopping Statistics 101

1. E-Commerce Sales Are Expected to Reach $4.2 Trillion by the End of 2020 (Statista)

2. E-Commerce Sales Are Predicted to Hit $6.5 Trillion by 2023 (Statista)

3. There Are 2.05 Billion Online Shoppers in 2020 (Oberlo)

4. 75 Percent of People Shop Online at Least Once a Month (Statista)

5. 63 Percent of Shopping Journeys Start Online (Think with Google)

6. Nearly Half (49.2 percent) of E-Commerce Sales Are Made Through Mobile Devices in 2020 (Statista)

7. By 2021, 53.9 Percent of E-Commerce Sales Will Be Made Through Mobile Devices (Statista)

8. Amazon Accounts for 47 Percent of All US E-Commerce Sales in 2020 (Statista)

9. Amazon Will Account for 50 Percent of All US E-Commerce Sales by 2021 (Statista)

10. 80 Percent of Online Shoppers and 63 Percent of Mobile Shoppers Think That New Technologies and Innovations Improve Their Experience (National Retail Federation)

11. Search and Navigation is The Most Important Site Element for Online Shoppers (Statista)

12. Having Product Ratings and Reviews is The Second Most Important Element (Statista)

13. Having Extra Costs is The Number One Reason for Shopping Cart Abandonment (Baymard Institute)

14. Forcing a Shopper to Create an Account is The Number Two Reason for Cart Abandonment (Baymard Institute)

15. Retargeting Website Visitors Makes Them 43 Percent More Likely to Buy (PR Newswire)

1. E-Commerce Sales Are Expected to Reach $4.2 Trillion by the End of 2020 (Statista)

There’s been significant growth in e-commerce in recent years. In 2014, total sales reached just $1.3 trillion.

But that number has more than tripled in 2020 to $4.2 trillion and is anticipated to keep growing as we move deeper into the 2020s.

15 Eye-Opening Online Shopping Statistics for 2022 (1)

2. E-Commerce Sales Are Predicted to Hit $6.5 Trillion by 2023 (Statista)

In fact, experts have projected annual revenue to climb all the way to $6.5 trillion in just three years.

15 Eye-Opening Online Shopping Statistics for 2022 (2)
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If this trend maintains its trajectory, e-commerce sales could potentially reach $8 trillion per year by 2025.

This is great news for digital brands and shows just how much opportunity there is.

Although the level of competition will certainly increase, so will the revenue.

So, now is the perfect time to jump on board.

3. There Are 2.05 Billion Online Shoppers in 2020 (Oberlo)

As of 2020, there are roughly 7.8 billion people in the world. And just over a quarter (26.28 percent) of them are online shoppers.

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As you can see, there’s been a considerable increase in the number of digital shoppers over the years, where it’s climbed from 1.32 billion in 2014 to 2.05 billion in 2020.

With more and more people buying digitally, this means e-commerce brands have the chance to reach a massive audience.

4. 75 Percent of People Shop Online at Least Once a Month (Statista)

It’s also worth noting that the vast majority of people who shop online do so quite frequently.

Research from Statista found:

  • 20 percent shop online once a week
  • 24 percent shop online once every two weeks
  • 31 percent shop online once a month
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By comparison, a far fewer number (15 percent) shop 3-4 times per quarter, and only 10 percent shop once every three months.

The point here is that online shopping is becoming the norm, and there are major opportunities to land repeat customers who will buy from you again and again.

5. 63 Percent of Shopping Journeys Start Online (Think with Google)

One of the more interesting online shopping statistics is that more than six out of every ten shopping journeys begin online. (Source.)

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Whether a person ends up buying from an e-commerce store or from a brick-and-mortar one, most of the initial research starts in a digital setting.

“That’s why it’s crucial for brands to have a strong online presence,” explains e-commerce and dropshipping writer Maryam Moshin.

“By improving the customer experience from the very first step, businesses have a higher chance of getting customers to buy from their store.”

Therefore, it’s smart to invest in digital marketing strategies like SEO and social media.

Brands that do so can generate a high volume of leads and build brand equity that can pay off when shoppers are deciding who they want to purchase from.

For instance, body scrub company Frank Body currently has 745k Instagram followers—something that factors in heavily to their brand exposure and success.

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6. Nearly Half (49.2 percent) of E-Commerce Sales Are Made Through Mobile Devices in 2020 (Statista)

Online shoppers making purchases through mobile devices is nothing new. But it’s increased by nearly 15 percent over the last four years.

In 2017, just 34.5 percent of e-commerce sales came through mobile, but that number is at nearly 50 percent in 2020.

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7. By 2021, 53.9 Percent of E-Commerce Sales Will Be Made Through Mobile Devices (Statista)

And 2021 should mark the official tipping point where more sales will come through mobile than from desktops and laptops. (Source.)

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15 Eye-Opening Online Shopping Statistics for 2022 (8)

This shows the importance of optimizing for mobile and providing this segment of visitors with a seamless shopping experience.

8. Amazon Accounts for 47 Percent of All US E-Commerce Sales in 2020 (Statista)

I probably don’t need to point out that Amazon is an e-commerce juggernaut that owns a massive percentage of the market.

But their power has really increased over the past few years, where they went from having 34 percent of US e-commerce sales in 2016 to 47 percent in 2020.

15 Eye-Opening Online Shopping Statistics for 2022 (9)

9. Amazon Will Account for 50 Percent of All US E-Commerce Sales by 2021 (Statista)

And by 2021, they’re projected to officially account for half of all US e-commerce sales. (Source.)

15 Eye-Opening Online Shopping Statistics for 2022 (10)

Although Amazon has come under a considerable amount of scrutiny and criticism as of late, it’s impossible to deny its presence in online shopping.

They seemingly have a hand in everything—from books to electronics to groceries to music streaming. I’m not saying this to frighten or discourage small e-commerce brands.

But it’s definitely something you need to take into account, and it’s vital to come up with a realistic strategy that allows you to compete with Amazon.

10. 80 Percent of Online Shoppers and 63 Percent of Mobile Shoppers Think That New Technologies and Innovations Improve Their Experience (National Retail Federation)

Given that the very basis of online shopping revolves around cutting-edge tech, it should come as no surprise that these shoppers are fans of new technologies and innovations. (Source.)

15 Eye-Opening Online Shopping Statistics for 2022 (11)

Sophia Martin, tech lead and content writer at Xicom.biz, offers some examples like:

  • AI to provide 24/7 customer support
  • Chatbots to provide instant solutions for practically any problem shoppers may have
  • Machine learning to deliver personalized messaging
  • Product recommendations based on prior shopping history, preferences, location, and so on

Here’s an example of Pandora, a Danish jewelry company, using product recommendations to help shoppers discover other products they may be interested in.

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And that’s just the tip of the iceberg. Technologies like these are rapidly advancing and evolving all the time.

Staying up-to-date on what’s happening and continually experimenting can help your e-commerce brand deliver a much better customer experience and stay competitive.

So it’s definitely something you want to embrace.

11. Search and Navigation is The Most Important Site Element for Online Shoppers (Statista)

Recent data found that making products easy to find through simple search and navigation was the most important attribute of the online shopping experience for 61 percent of shoppers.

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And this makes sense. After all, who wants to struggle to find what they’re looking for?

That’s why you should prioritize search and navigation and constantly strive to make continual improvements, even if they’re only marginal.

A good example of a brand with ultra-easy navigation is footwear company Rollie Nation.

Immediately upon landing on their site, shoppers find a simple, straightforward navigational menu.

15 Eye-Opening Online Shopping Statistics for 2022 (14)

With a quick click on a category, they can seamlessly narrow down their search.

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15 Eye-Opening Online Shopping Statistics for 2022 (15)
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And there’s also an intuitively placed search feature for added convenience.

15 Eye-Opening Online Shopping Statistics for 2022 (17)
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Less effort on the visitors’ end means they can find the products they want without any drama and increases their chances of buying.

12. Having Product Ratings and Reviews is The Second Most Important Element (Statista)

Online shopping is fun and exciting, but it can also be overwhelming at times.

Shoppers often have to filter through a ton of different products to find what they’re looking for, and all of the options can leave them feeling a little bit paralyzed.

One of the best ways to increase shopper confidence and gain the insights they need is by giving them access to product ratings and reviews.

In fact, that’s the most important attribute of the online shopping experience for 53 percent of people.

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You could even make the point that having this information readily available has been a big part of Amazon’s success.

After all, they make it super easy to find ratings for the products they sell, as well as in-depth reviews from customers.

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And it’s a good idea for all e-commerce brands to offer this as well.

That’s what skincare company Bliss does.

Check out what shoppers can find for their product the, “Bright Idea Moisturizer.”

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There are reviews.

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And there’s also a rating so shoppers can make a well-informed choice and use the wisdom of the crowd to determine the quality level.

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13. Having Extra Costs is The Number One Reason for Shopping Cart Abandonment (Baymard Institute)

A high shopping cart abandonment rate can be one of the biggest roadblocks to creating a successful e-commerce store.

So it’s crucial that you know how to keep this in check and the specific reasons why shoppers fail to complete their purchases.

While there are several reasons for abandonment during checkout, extra costs like shipping, tax, and fees are by far the biggest.

In fact, half of all shoppers have left during the checkout process because of this. (Source.)

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15 Eye-Opening Online Shopping Statistics for 2022 (24)

That’s why it’s important to be transparent about these costs, and offer free shipping whenever possible.

Modern wardrobe brand Cents of Style, for example, always offers free shipping and lets shoppers know about it as soon as they land on their site.

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14. Forcing a Shopper to Create an Account is The Number Two Reason for Cart Abandonment (Baymard Institute)

Research found that 28 percent of shoppers have failed to complete a purchase because they were asked to create an account.

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I know that I personally find it annoying when I’ve done my online shopping, added items to my cart, and am all set to check out. Then all of a sudden, I’m hit with the dreaded “create an account” screen.

While it’s not all that big of a deal if I plan on buying from a company, again and again, it’s a major pain if I just want to make a one time purchase. And apparently many other people feel the same. That’s why I suggest giving shoppers the option to use guest checkout.

This reduces a lot of friction and allows shoppers to painlessly purchase their items without having to go to the trouble of creating an account.

That’s what furniture and home decor brand Crate and Barrel does, and it works out great.

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15. Retargeting Website Visitors Makes Them 43 Percent More Likely to Buy (PR Newswire)

Unfortunately, no matter how great your e-commerce store is, 92 percent of shoppers aren’t to buy right off the bat.

They may simply be doing initial research, virtual “window shopping,” or just not quite in the buying mindset yet.

The bottom line is that most won’t result in a sale the first time they land on your site.

But that doesn’t have to mean they’ve slipped through fingers and are gone forever.

Retargeting visitors has proven to be highly effective at keeping e-commerce brands on consumers’ radars and gently steering them back to products they’ve shown interest in.

For example, Hawthorne, a company that sells personal care items for men, uses this retargeted ad on Facebook to grab the attention of previous visitors and direct them back to their site.

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“Retargeting gives them a little push towards your brand,” says content strategist Pierre de Braux.

“When a prospect sees a retargeting ad, there’s a 70 percent chance that they’ll purchase your product over your competitor’s.”

So, it’s definitely a tactic to consider in 2022 and beyond.

Conclusion

It’s an exciting time for e-commerce, and these online shopping statistics offer a snapshot of the current state of things.

Some of the key takeaways are that the overall revenue of e-commerce is growing quickly, nearly half of all online shopping is done through mobile, most consumers love innovative technology, and much of shopping cart abandonment is preventable.

Hopefully, you now have a better idea of how to approach e-commerce moving forward and can implement this information to level up your brand.

Which of these online shopping statistics did you find most interesting?

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FAQs

How much has online shopping increased 2022? ›

Online shopping statistics show that in 2022, US ecommerce revenue could reach $707 billion. When looking for ecommerce statistics, the majority of calculations focus on revenue. Since revenue growth in 2019 was a staggering 70%, it is expected that the value of ecommerce revenue in the US will be $740 billion by 2023.

What percentage of people do their shopping online? ›

Global e-commerce sales are expected to hit $5.5 trillion in 2022. Around 76% of U.S. adults shop online.

How many online stores are there in the world 2022? ›

How Many eCommerce Sites Are There in 2022? There are an estimated 12 million – 24 million eCommerce sites across the entire globe, with more and more being created every single day.

How many people look online before buying? ›

1. 81% of retail shoppers conduct online research before buying.

What sells the most online in 2022? ›

  • The best products to sell online in 2022.
  • Consumer electronics and accessories.
  • Baby and child care.
  • Pets and animal care.
  • Travel accessories.
  • Jewelry and fashion accessories.
  • Health and beauty.
  • Smartphone accessories.
24 Feb 2022

What percent of retail sales are online in 2022? ›

E-commerce sales in the third quarter of 2022 accounted for 14.8 percent of total sales. On a not adjusted basis, the estimate of U.S. retail e-commerce sales for the third quarter of 2022 totaled $251.7 billion, a decrease of 0.1 percent (±0.5%) from the second quarter of 2022.

What is the success rate of online stores? ›

Around 80%-90% of them fail, meaning the e-commerce success rate is less than 20%. If you're starting your own online business, or you already run one, that fact might send a shiver down your spine. But fear not! While you can learn a lot from a successful business, you can learn a whole lot more from failure.

Is online shopping becoming more popular? ›

General Online Shopping Statistics

And in the US alone, we're expecting to have 300 million online shoppers in 2023. That's 91% of the country's current population! So far, 69% of Americans have shopped online, and 25% of Americans shop online at least once per month.

Did you know facts about shopping? ›

17 Staggering Statistics About Our Shopping Habits
  • The average woman makes 301 trips to the store annually, spending close to 400 hours a year shopping. ...
  • Americans spend more on shoes, jewelry, and watches ($100 billion) than on higher education. ( ...
  • Shopping malls outnumber high schools in America. (

What is the most popular shop in the world 2022? ›

Keeping within these guidelines, Walmart continues to be the world's largest retailer, both domestically and internationally, with a significant commitment to a new online marketplace and fulfillment model.

What is the most popular store in the world 2022? ›

Walmart once again leads the pack, claiming a 12.67% retail share of the market, equating to $572 billion in sales.

What is the 2022 retail Trend? ›

Consumers seek alternative shopping channels

The report findings show 61 percent of consumers prefer contactless payment, while 36 percent of retailers say they no longer accept cash. That makes adopting other payment solutions like mobile wallet apps, touchless card payments and QR payments a smart move.

Do people prefer shopping online or offline? ›

Even with such advancements, many shoppers prefer offline shopping over online shopping. The reason people choose online shopping or offline shopping can vary from convenience to competitive prices.

Do people prefer shopping online or in person? ›

More than half of U.S. consumers prefer to shop in-store. More than half of all U.S. consumers would rather shop in-store than by any other method.

What percentage of people shop online vs in store? ›

In 2020, there were at least 2.14 billion people who shopped online globally. As of 2022, at least 75% of consumers shop online at least once a month.
...
Percentage of Retail Sales That Were Online 2012-2021.
YearOnline SalesOffline Sales
201611.5%88.5%
201712.9%87.1%
201814.1%85.9%
201915.5%84.5%
6 more rows
4 Jul 2022

What is the most wanted product in 2022? ›

50 Top Trending Products to Sell Online At Your Ecommerce & Dropshipping Store in 2022
  • Laser Hair Removal Machines.
  • Portable Car Vacuum.
  • Baby Swings.
  • Matcha Tea.
  • Eyebrow Razor.
  • Seat Cushions.
  • Phone Tripod.
  • Portable Solar Panels.
25 Aug 2022

What product is in most demand 2022? ›

12 high-demand trending products and niches of 2022
  1. Clothing. The clothing industry is a big business, valued at $12 billion. ...
  2. Skin care and beauty. Skin care and beauty products are having a moment. ...
  3. Shoes. ...
  4. Cleaning products. ...
  5. Items for pets. ...
  6. Coffee products. ...
  7. Toys. ...
  8. Subscription orders.
19 Oct 2022

What are consumers looking for in 2022? ›

In 2022, consumers want to feel a stronger connection with brands, be part of a community, and get more value from their purchasing experiences.

What amount of sales will Ecommerce reach in 2022? ›

Ecommerce Forecast 2022

We expect US ecommerce sales will cross $1 trillion for the first time in 2022. Prior to the pandemic, we did not forecast ecommerce reaching this milestone until 2024. Worldwide, we estimate ecommerce sales to reach $5 trillion in 2022 and $6 trillion by 2024.

Are online sales down in 2022? ›

Online retail sales so far in 2022

Online penetration reached 20.7%, up slightly vs. 20.5% from the same period last year. Offline sales increased 7.1% year over year, down significantly from 13.5% in the first nine months of 2021.

What is the expected growth rate of online shopping? ›

Between 2022 and 2026, foreign e-commerce platforms are expected to grow by 19.2 percent, which would mark a 34 percent gain in market share.

What is the most popular online selling nowadays? ›

Fashion items. Interestingly, fashion is the top selling industry in almost all of the world.

What percentage of online sales are returned? ›

The average ecommerce return rates hovers around 20-30% There are predictable and common reasons for returns, such as: sizing issues, wrong gifts, purchase of multiple products with an intent to return some/all, or a failure to set correct customer expectations.

Why online shopping is popular today? ›

Online shopping is convenient and offers a variety of products you may not be able to find at your local stores. It's easier to comparison shop online, where you can access prices, reviews, and product details with a click.

Why is online shopping better nowadays? ›

Find What You Want

This is now not an issue for consumers due to the easy accessibility of the internet. Using e-commerce stores, it is now quick and easy to browse through hundreds of products in a matter of seconds to find exactly what you need.

Why do you think online shopping has become so popular nowadays? ›

More product options

Consumers want to easily compare products by price, reviews, and features and have become more discerning in the product selection process. For almost all product categories, consumers prefer to shop online for greater variety.

What are the benefits of shopping? ›

Social connection: shopping can be a way to spend time with others albeit without getting to know any of them at all, or very well – when you are in a busy shopping environment, at least you are around people even if there's no real connection, in the true sense of the word, happening.

What is the value of shopping? ›

Shopping value is defined as “the perceived subjective worth that the consumer perceives in general in consideration of all evaluation standards” (Babin et al., 1994). It is also the value that consumers perceive through the shopping experience at the store based on the store's properties.

What are the four benefits of a shopping list? ›

8 Reasons to Make a Shopping List
  • Why is it important to make a shopping list? ...
  • It saves you money. ...
  • It saves you time and energy. ...
  • It reduces waste. ...
  • It helps you lose weight. ...
  • It helps with meal planning. ...
  • It helps you focus. ...
  • It improves your memory.
29 Apr 2019

What are the latest trends in shopping? ›

Here are the top shopping trends that are set to drive sales growth for retailers in 2022 and beyond.
  1. Shoppers Buy Directly From Social Platforms. ...
  2. Consumers Continue to Buy Groceries Online. ...
  3. Ecommerce Accelerates Across All Product Categories. ...
  4. Ecommerce Forces Retailers to Adapt. ...
  5. Ethical Concerns Impact Purchase Decisions.
5 Aug 2022

What is the most popular online shopping? ›

Amazon.com had a monthly traffic of almost 3.2 billion visitors in 2022, followed by eBay.com with nearly 590 million visits on each month.

Who is the number 1 retailer in the world? ›

Walmart

What shopping will be like in the future? ›

Digital technology – such as smart mirrors, digital mannequins, QR codes, interactive apps, and more – will become a staple of physical retail in the future of shopping, allowing brands and retailers to provide guided digital journeys through brick-and-mortar stores.

What is world's most famous store? ›

#1 Macy's, New York, US

The Macy's store in New York is an important landmark in one of the world's biggest fashion capitals. The store, which has almost one million square feet to its name, has appeared in over 50 different movies and television shows according to On Location Tours.

What are the next trends 2022? ›

Several recurrent trends are appearing for interiors in 2022. Some of the most popular elements include curves and arches, the return of herringbone flooring, and bringing nature indoors through color and plants.

What items will go up in 2022? ›

10 things that will be more expensive in 2022
  • Housing. For some, buying a house has been one of the pandemic's greatest challenges, even as mortgage rates hit record lows. ...
  • Food. A grocery store in New York on Dec. ...
  • Clothing. ...
  • Heating costs. ...
  • Gas. ...
  • Dining out. ...
  • Cars. ...
  • Computers and electronics.
1 Jan 2022

Does online shopping make you happy? ›

A study published in the Journal of Consumer Psychology in 2014, for example, indicates that making purchases helps people feel instantly happier—and also fights lingering sadness. One reason, the study authors speculate, is that making purchase decisions confers a sense of personal control and autonomy.

How many people shop online per day? ›

As it stands in 2021, the number of digital buyers is at 2.14 billion. That makes 27.6 percent of the 7.74 billion people in the world. In other words, more than one out of every four people you see around you is an online shopper. The number of online shoppers has been growing over the past few years.

Is online shopping better for the economy? ›

Ecommerce boosts the economy by increasing productivity, encouraging innovation, and driving better shopping experiences. In addition, ecommerce creates opportunities for protecting the planet, both for forward-thinking sellers and for eco-conscious shoppers.

How do customers feel about online shopping? ›

More than 55% of US consumers prefer to shop online

A 2022 Raydiant study on US consumer behavior reports that 56.6% of survey respondents prefer to shop online rather than in person. That is an approximately 10% jump from 2020's stats.

Which age group uses online shopping most? ›

According to a 2022 survey, approximately 58 percent of online shoppers between 26 and 41 years old worldwide had already made purchases directly through social networks. That makes millennials the generational group with the highest adoption of social shopping.

What type of people buy online? ›

If you look at their needs, you can identify 3 types of shoppers. Fast shoppers – they want to complete the purchase as quickly as possible. Value shoppers – looking for the best price for any products. Inspiration shoppers – they want to discover new products.

What percentage do people shop online? ›

According to recent social media statistics, 90.4% of global internet users are visiting an online retail site or store. 81.5% are searching online for products or services and 76.8% are purchasing a product online. But significant growth is expected to still come for the Australian market, experts say.

How many online shoppers are there in the world in 2022? ›

About 2.14 billion shoppers now buy items online, which is a significant increase from just a few years ago. With the current world population of 7.9 billion, it means that 27% of all people that are alive are digital buyers.

What percentage of the world uses online shopping? ›

1. In 2021, over 2.14 billion people shop online. That accounts for 27.6% of the world's total population. It's quite a remarkable figure, especially if we consider how relatively recent online shopping started expanding.

What is the growth rate of online shopping? ›

The global ecommerce growth rate for 2022 is forecast at 9.7%, bringing global ecommerce sales worldwide to $5.7 trillion.

What is increasing in price in 2022? ›

In 2022, all food prices are predicted to increase between 9.5 and 10.5 percent, food-at-home prices are predicted to increase between 11.0 and 12.0 percent, and food-away-from-home prices are predicted to increase between 7.0 and 8.0 percent.

What is the percentage of online shopping vs in-store? ›

As of 2021, In-store shopping is still more popular than online shopping, with 80.9% of sales being offline, and 19.1% being online.

Will online shopping be popular in the future? ›

Fewer barriers to entry mean more online retailers

The ecommerce industry is expected to grow by almost $11 trillion between 2021 and 2025. As businesses came online during the COVID-19 pandemic, the global trend toward digitization surged ahead at lightning speed.

What percent of ecommerce is successful? ›

Around 80%-90% of them fail, meaning the e-commerce success rate is less than 20%. If you're starting your own online business, or you already run one, that fact might send a shiver down your spine. But fear not! While you can learn a lot from a successful business, you can learn a whole lot more from failure.

What is the future of online sales? ›

Fewer barriers to entry mean more online retailers

Advancements in technology and the growth of available marketplaces have made it easier than ever to buy and sell online. The ecommerce industry is expected to grow by almost $11 trillion between 2021 and 2025.

How many people buy online every year? ›

As it stands in 2021, the number of digital buyers is at 2.14 billion. That makes 27.6 percent of the 7.74 billion people in the world. In other words, more than one out of every four people you see around you is an online shopper. The number of online shoppers has been growing over the past few years.

What is the prediction for the market in 2022? ›

Here's our take: The economic and market environment in 2022 will be decidedly reflationary, with higher economic growth and higher inflation, and eventually higher real interest rates—in short, a hotter and shorter business cycle.

Who benefits from inflation? ›

2. Equity and Commodity Investors. Despite low economic growth rates, investors can benefit from inflation if they hold the correct stocks and commodities in their portfolios. Equity investors: Putting your money in stocks is much better than holding cash during times of high inflation.

What people will buy in 2022? ›

Trending products to sell in 2022: hi-tech products and accessories
  • Screen protectors and films. Analysts report that the display market is set to keep growing rapidly. ...
  • Wireless charging stations. ...
  • Phone cases. ...
  • Wearable devices. ...
  • Phone tripods. ...
  • Microphones.
17 Mar 2022

Why is online shopping declining? ›

According to a survey by Rakuten Insight on online shopping behavior in India conducted in June 2022, 34 percent of consumers stated that the main reason for the decrease in online purchasing was that they started shopping more in physical stores because of no COVID-19 restrictions.

Is online shopping slowing down? ›

Online Shopping Slowdown Could Lead to Glut of Warehouses

Share this article: The surge in eCommerce fueled by the pandemic is now slowing down as more people return to shopping in stores, a shift that could affect the amount of warehouse space needed as retailers and marketplaces expanded to meet demand.

Is the online market growing? ›

Even as the economy opens up, online sales continue to grow at a faster rate than traditional retail. Online accounted for around 8 per cent of retail sales pre-pandemic. It now hovers around 10 per cent. Of the $20 billion in monthly retail trade, $2 billion is occurring online rather than in-store.

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Name: Duane Harber

Birthday: 1999-10-17

Address: Apt. 404 9899 Magnolia Roads, Port Royceville, ID 78186

Phone: +186911129794335

Job: Human Hospitality Planner

Hobby: Listening to music, Orienteering, Knapping, Dance, Mountain biking, Fishing, Pottery

Introduction: My name is Duane Harber, I am a modern, clever, handsome, fair, agreeable, inexpensive, beautiful person who loves writing and wants to share my knowledge and understanding with you.