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The United States has the highest Ecommerce penetration rate of 87%, twice that of China and 30% more than the top European countries.
Thanks to the surging number of people who flocked to shopping apps and online shops instead of the brick-and-mortar stores, the global ecommerce revenue has practically doubled in the past five years. Last year alone, the global ecommerce industry grossed $3.15 trillion, and more than half of that value came from China and the United States, the two largest markets. And while China undoubtedly leads in ecommerce revenue, the US market has a much higher user penetration rate.
According to data presented by Stocklytics.com, the United States has the highest ecommerce penetration rate in the world of 87%, much more than any other country.
Although in-person shopping is back in full swing in 2024, ecommerce continues to thrive due to technologies that have taken the online shopping experience to a whole new level. Voice search, artificial intelligence, AR, and VR-enhanced shopping have practically wiped off the differences between online shopping and going into the brick-and-mortar store, turning ecommerce into the number one choice for hundreds of millions of people worldwide. Still, Americans seem to be the biggest fans of this type of shopping, with their country having the highest ecommerce penetration rate globally.
According to Statista Market Insights, 87% of Americans are expected to make at least one purchase of a new physical item online in 2024, much more than in any other country. Although the penetration rate doesn’t show how frequently a country’s population shops online, it usually goes hand in hand with the ecommerce intensity. Statistics show that the US ecommerce penetration rate is twice that in China, the world`s biggest ecommerce industry, and 30% higher than in most European top markets.
The United Kingdom is the only country close to the United States, with 84% of Britons expected to shop online in 2024.
As the second most advanced ecommerce market behind the United States, the United Kingdom will have 58 million online shoppers in 2029, 7 million more than this year, while the ecommerce penetration rate in the country will jump to a huge 91%.
The Netherlands stands in third place with 73% of online shoppers. Canada and Germany follow, with 58% and 54%, respectively. Statistics show Spain, China, and Brazil have roughly 40% of online shoppers in 2024, while India is at the back of the list with a 22% share.
