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for the Consumer Goods Industry

Canada has become the world’s second e-commerce giant

ConsumerGeniuses

ConsumerGeniuses

Canada has become the world’s second e-commerce giant as Canadian online sales have crossed 10% of the total retail sales. The country has managed to double its development rate, hitting a $64.51 billion valuation. Argentina is leading the world’s e-commerce with a 100.6% growth rate, while Canadian e-commerce spurred by 75% during the pandemic. With 24.2 million digital buyers, Canada e-commerce’s share of total retail will expand to 13.4% this year and is expected to reach 17.2% by 2025.

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