Due to the unrelenting growth of online shopping and the unquenchable need for quicker, more convenient delivery, the United States e-commerce logistics business is seeing an rapid expansion.
It is anticipated that the US e-commerce market will develop significantly over the next five years, with estimates suggesting a rise of around US$388.4bn, or 51.28%, annually. In light of this, Parcel Monitor’s USA E-Commerce Logistics Market Report 2024 offers an in-depth review of the most recent trends, challenges and opportunities influencing this dynamic market.
Key highlights of the report include:
Overview of the US e-commerce landscape
According to Statista, the number of US e-commerce users is predicted to rise from 254 million in 2023 to over 316 million by 2028, with the market projected to achieve a new milestone of US$1.1 trillion by 2029. Given the significant growth in both user engagement and revenue, the report’s first section thoroughly analyzes the US e-commerce market, offering insightful information on overarching trends, including the rise in popularity of mobile commerce (m-commerce), the higher proportion of male online shoppers, and the prominence of apparel and accessories as the top product categories.
Delivery performance metrics of leading US carriers
In the ever-changing realm of logistics, where efficient transportation of products is crucial for the success of supply chains, it is important to comprehend and harness the significance of key…