CLEVELAND, July 29, 2016 /PRNewswire/ -- In the US, the total value of retail sales transactions occurring via the Internet rose, on average, 14% annually over the decade to 2015. That pace is expected to slow to 11% per year through 2020, but e-commerce sales will nevertheless outperform conventional transactions by a factor of more than three.
These findings are featured in E-Commerce: United States, a report recently released by Freedonia Focus Reports, a division of the Freedonia Group. In the study, Focus Reports charts and analyzes US e-commerce sales by merchandise line for 2005-2015 and makes projections to 2020. Ten segments of merchandise are examined.
In dollar terms, Focus Reports forecasts US e-commerce transactions to total $490 billion in 2020. For perspective, total US retail sales (excluding motor vehicles) are expected to reach $5.1 trillion in 2020. E-Commerce: United States forecasts US e-commerce retail sales in US dollars to 2020. To illustrate historical trends, total sales and the various segments are provided in annual series from 2005 to 2015. A Market Environment section provides pertinent background on historical trends, key economic indicators, retail trends, and legal and regulatory factors. A Segmentation and Forecasts section defines merchandise lines, discusses market drivers and constraints, identifies substitute retail sales outlets when applicable, and assesses the impact of key drivers and constraints on each merchandise line segment over the forecast period.
Further analysis includes an Industry Structure section, which surveys the supply base and identifies the leading firms competing in the US industry. A one-page, introductory Highlights section summarizes key findings from this 24-page report, and a Resources section lists contributing sources as well as resources available for further research.
About Freedonia Focus Reports Each month, The Freedonia Group publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
Total historical market size and industry output
Segmentation by products and markets
Identification of market drivers, constraints, and key indicators