Saturday, June 10, 2023

Ecommerce sales in North America concentrated in Amazon

In 2022, the market for E-commerce generated a total revenue of $944 billion in North America, close to the trillion dollar mark. This places North America as the second strongest e-commerce region in the world after Asia. This result is not surprising as many of the world’s most successful e-commerce brands have their origins and headquarters in the United States, from where they expand globally. Report “eCommerce in North America” Of EcommerceDB Trend Report provides a detailed analysis of the main e-commerce players in this sector, presenting the top 10 below.

Ecommerce sales in north america concentrated in amazon

Amazon Leads the rankings of major online stores and marketplaces in many countries around the world including its home market of North America Total net sales of $140 billion, In addition, Amazon produced higher net sales than the players ranked 2-6 combined. This is approximately 44% of the total top 10 net sales. Although Walmart and Apple are in second and third place respectively and have substantial advantages over their followers, are closer to fourth to 10th place in terms of total net sales for 2021. The high market concentration on top players is also reflected in the top 250.

Ecommerce sales in north america concentrated in amazon

The presence of the main players in the e-commerce market is strongest in the United States, where in 2021, Amazon, Walmart and Apple accounted for 38% of the total net sales generated by the top 250 players., Market concentration in Canada is similar with the leaders Amazon, Walmart and Costco represent 37% of net sales, In Mexico, the situation is slightly different, as ranks 1–3 accounted for 34% of the top 250 net sales, while ranks 4–100 contributed a still comparatively high share of 53%. However, Mexico has seen an increasing concentration of the market: between 2019 and 2022, the top 5 players in Mexico grew by 50% and the top 6 to 25 grew by 60% annually, while the United States and Canada saw corresponding The CAGRs for the categories were . below 40%.

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