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Global retail e-commerce sales 2022-2028

In 2024, global retail e-commerce sales reached an estimated************ U.S. dollars. Projections indicate a** percent growth in this figure over the coming years, with expectations to come close to************** dollars by 2028. 

World players

Among the key players on the world stage, the American marketplace giant Amazon holds the title of the largest e-commerce player globally, with a gross merchandise value of nearly*********** U.S. dollars in 2024. Amazon was also themost valuable retail brand globally, followed by mostly American competitors such as Walmart and the Home Depot.

Leading e-tailing regions

E-commerce is a dormant channel globally, but nowhere has it been as successful as in Asia. In 2024, the e-commerce revenue in that continent alone wasmeasured at nearly************ U.S. dollars, outperforming the Americas and Europe. That year, the up-and-coming e-commerce markets also centered around Asia. The Philippines and India stood out as theswiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing** percent.

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Retail e-commerce sales worldwide from 2022 to 2028 (in billion U.S. dollars)

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Release date

April 2025

Region

Worldwide

Survey time period

February 2025

Supplementary notes

* From this year onwards, figures are forecasts.
Includes products or services ordered online via any device, regardless of the method of payment or fulfillment; excludes travel and event tickets, payments such as bill pay, taxes, or other money transfers, restaurant sales, food services and drinking place sales, gambling and other vice good sales.

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E-commerce worldwide

Yihan Ma
Research expert covering e-commerce and FMCG in Greater China
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