Global E-Commerce Growth Infographic

Safely Expand into International E-Commerce Markets Global e-commerce is a huge opportunity for online retailers, but it can pose serious risks to those merchants who aren’t prepared to deal with the potential for fraud, payment issues and cultural nuances.You can count on the experts at ClearSale to help you navigate the tricky waters of international sales. to learn how our multilayered approach can provide peace of mind as you grow your global e-commerce business. Talk with a ClearSale expert today What Global Customersare Buying Online 0%0%0%0%0%0% $0.05 billion$0.8 billion$0 billion$0.4 billion$0.975 billion$0.275 billion Women’s ApparelBooksComputer HardwareComputer SoftwareApparelToys/Video GamesVideos/DVDsHealth and BeautyConsumer ElectronicsMusicJewelryOffice SuppliesLinens/Home DecorFlowersSporting GoodsFootwearSmall AppliancesTools and GardenGifts Best-Selling Internet Products Rank Books, electronics and clothing are among the top purchases for global online shoppers. But what else are consumers buying? Software, Books, Music, Flowers Source. Statistic Brain Source. Statistic Brain Product AnnualSales Market Share Computer Hardware, Consumer Electronics, Office Supplies Apparel, Footwear, Jewelry, Linens/Home Decor Health, Beauty, Food and Beverage Toys, Video Games, Sporting Goods Small Appliances, Furniture, Tools, Garden Equipment 12345678910111213141516171819 Research shows 78% of U.K. shoppers had made an online purchase via any device in December 2017, compared with 74% of shoppers in both South Korea and Germany, 70% of Swedish shoppers and 69% of U.S. consumers. Asia-Pacific remains the world’s largest retail e-commerce market with sales expected to top $2.27 trillion in 2019, and it’s expected to exceed $3 trillion by 2021. This region also saw the fastest rise in retail e-commerce sales, climbing a projected 25% in 2019.An expanding middle class, greater mobile and internet availability, the growing competition of e-commerce retailers and improved logistics and infrastructure continue to fuel this dramatic e-commerce growth. But not every country has embraced e-commerce. Countries with the lowest online spend per capita include: 1. China: $1.9 trillion 2. United States: $586 billion3. United Kingdom: $141 billion4. Japan: $115 billion5. South Korea: $103 billion6. Germany: $81 billion 7. France: $69 billion 8. Canada: $49 billion9. India: $46 billion 10. Russia: $26 billion Germany: $1,283Saudi Arabia: $625South Africa: $171 The Top GlobalE-Commerce Markets Research suggests that 63% of global internet users — or 1.5 billion people — were expected to make an online purchase in 2019. Not to mention that 57% of online shoppers make purchases from overseas retailers.Just look at the top 10 e-commerce markets by country: Source: eMarketer, May 2019 Global retail e-commerce sales are projected to top $4.206 trillion in 2020, with expected sales of more than $6.5 trillion by 2023. And retailers are finding that this e-commerce volume is making up a bigger piece of total retail spending — estimated to hit 22% in 2023, up from 10.4% in 2017.This growth is showing no signs of slowing down, and merchants should prepare to leverage the new opportunities global e-commerce holds. But first, they must understand the latest e-commerce trends, best international markets and most popular products global consumers are buying. Global E-Commerce Growth: What - and Who - Is Hot Retail Ecommerce Sales Worldwide, 2017-2023 trillions, % change and % of total retail sales $0 28,0% 10,4% 22,9% 12,2% 20,7% 14,1% 19,0% 16,1% 17,1% 18,1% 15,6% 14,9% 20,0% 22,0% 2017 Retail ecommerce sales 2018 2019 2020 2021 2022 2023 $0 $0 $0 $0 $0 $0 % change % of total retail sales Source: eMarketer, May 2019