E-commerce sales to hit $1.8 trillion by 2030

"U.S. e-commerce sales are expected to hit $1.8 trillion by 2030, making up 29 percent of all retail sales, according to a recent report from research and consulting firm Forrester. If sales figures hit their projections, the U.S online shopping market will have more than doubled its market share, and increased its sales by more than 400 percent, since 2015."

"Driving the growth will be tech-reliant Gen Z consumers entering the workforce, earning more money and spending it online, Forrester noted. Improvements in logistics - the movement of materials and goods through supply chains - will also boost e-commerce efficiency and lead to better sales figures."

The e-commerce sector continues rapid expansion, with U.S. online sales expected to reach $1.8 trillion by 2030, comprising 29 percent of total retail sales. This represents more than a 400 percent increase since 2015 and a doubling of market share. Growth drivers include Gen Z consumers entering the workforce with increased purchasing power and spending habits oriented toward online shopping. Logistics improvements enhancing supply chain efficiency will further accelerate e-commerce growth. Current 2025 online shopping spending reached approximately $1.5 trillion. Amazon maintains its position as the largest online retailer in the United States.

Read at www.independent.co.uk