The US e-commerce industry is expected to see a CAGR of 17.6% during the period (2019-2025). The e-commerce market in the US has been rapidly growing owing to the advancement in infrastructure and IT technologies attributed to the introduction of automation and robotics. These technologies have the potential to provide vast efficiency and flexibility options to run the e-commerce industry effectively. Further, the US has significantly invested in road and rail infrastructure, which was $80,744 million and $10,505 million respectively in 2018, as per OECD. This is expected to contribute to better connectivity through roadways and railways which will provide benefit to the e-commerce market in the US. The increasing urban population is expected to increase the online shopping of consumer goods which is expected to drive the e-commerce industry in the US.

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US e-commerce industry report is segmented into electronics, apparel, healthcare, pharmaceuticals, and nutritional products, beauty and personal care, and others. Healthcare, pharmaceuticals, and nutritional products segment is anticipated to exhibit the highest growth in 2020. The demand for vitamins & proteins to maintain the immunity level of consumers is a key factor contributing towards the high growth of the market segment. Moreover, the e-commerce market for beauty & personal care products will grow at the second-highest growth in 2020. The high demand for personal care products to maintain hygiene is anticipated to be the key factor contributing to the growth of the market segment.

In the US, Walmart Inc. and Amazon.com, Inc. are the key companies in the e-commerce industry. To provide innovative e-commerce services, the major players are adopting various strategies such as expansion, partnerships, and collaborations with other major players within the US. For instance, in June 2020, Walmart, Inc. expanded its marketplace in the e-commerce industry by partnering with Shopify, Inc., a Canadian multinational e-commerce company. The collaboration aims to integrate new sellers and the companies expect to add 1,200 Shopify sellers this year. Further, in April 2020, Walmart announced Express Delivery, a new service that delivers items to customers’ doors in less than two hours. Further, in March 2020, Walmart partnered with thredUP to enter the popular fashion resale market. Walmart is focused on expanding its fashion segment. The company recently added nearly 1,000 brands to the online platform, including national brands such as Champion, Jordache, and Levi Strauss along with some private label brands such as Time and Tru, Terra & Sky, and Wonder Nation and George. 

Research Methodology

OMR global recently published a report addressing the impact of COVID-19 on the US e-commerce industry. The study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, laws and policies, consumer behavior, and macro-economic factors. The report includes an analysis of different regions and countries and the effect of COVID-19 on the e-commerce industry of each respective region. Besides, an expected recovery timeline of the industry will also be included with the best- and worst-case scenario which will aid clients to take their future steps in the decision-making process.

Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog
• Government Organizations Reports

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

The Report Covers

• Comprehensive research methodology of US e-commerce industry.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US e-commerce industry.
• Insights about market determinants which are stimulating the US e-commerce industry.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.