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Canadian retail ecommerce sales expected to pass US$32 billion in 2021

Canadian retail ecommerce sales expected to pass US$32 billion in 2021 | DMX Marketing Experts

Canadian retail ecommerce sales expected to pass US$32 billion in 2021

  • Retail ecommerce sales of physical goods in Canada accounted for US$29 billion in 2020 and is expected to push past $32 billion in 2021, with the forecast for 2025 is that the figure will go past $40 billion.
  • The statistics by Statista also show that retail ecommerce sales growth climbed 18% in 2020, a rise of over 10% from the previous year. This growth is forecast to slowly decrease after a sharp drop in 2021, going from 8.5% this year, down to 3.9% by 2025.
  • The estimated growth of Canadian retail ecommerce sales would see a increase of at least $2 billion each year between 2021 and 2025, having jumped up $4 billion between 2019 and 2020.

Source : https://www.statista.com/statistics/289741/canada-retail-e-commerce-sales/

https://www.statista.com/statistics/448030/canada-retail-e-commerce-sales-growth/

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