Retail Sales Trends Holiday 2022

Our retail statistics post reported that global retail ecommerce sales grew by 276 in 2020 compared to the previous year with a total of 4280 trillion. Mobile Ecommerce Shopping Stats Trends in 2021 Business Insider December 2020. Brick-and-mortar retail sales will rebound from a 32 decline in 2020 to a 16 gain in 2021. Overall Deloitte projects that holiday sales will total 128 to 13 trillion during the November to January timeframe.

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This doesnt mean that brick-and-mortar is dead however.

Retail Sales Trends Holiday 2022. Dollars by 2022 up from approximately 248 trillion US. Even EMarketer forecasted that total 2021 holiday retail sales in the US will expand by 27. ¹ Click and collect retail sales growth in the United States from 2018 to 2022 Statista June 2021 ² Convenience and the Consumer National Retail Federation January 2020 ³ Rise of M-Commerce.

On the heels of outsized 324 growth in 2020 ecommerce sales growth will moderate to 61. The higher than expected ASPs we are seeing in the market today can be attributed to increased shipping costs component shortages consumer readiness to trade-up to a higher cost product to meet their needs and lack of promotional activity. While the pandemic continues to drive social and economic uncertainty buyers are committed to purchasing.

Online platforms will largely contribute to this growth. This will likely result in e-commerce holiday sales reaching between 210. The sales through online platforms around this season will rise by 113 which will result in a total value of 20688 billion.

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