The below chart shows " worldwide and global online retail sales revenues as a percentage of total retail sales across geographies and countries . Globally online retail sales across the world is expected to grow by 15% CAGR ( from 2014-2019 ) time period. In terms of total retail revenues, Worldwide online retail will constitute 9% of overall retail revenues in 2019 as compared to 5.8% in 2014
HOW MUCH DOES ONLINE RETAILS SALES CONTRIBUTE AS A PERCENTAGE OF TOTAL RETAIL SALES BY COUNTRY AND REGION
- Online retail sales in US is likely to constitute 12% of the overall retail sales by 2019.
- Online retail sales in North America is predicted to account for 11% of overall retail sales.
- Asian online retail sales will constitute 10% of total retail revenues ,by 2019
- In Western Europe online retail sales is expected to contribute 10%of total retail sales, while Eastern Europe it will be 5.6%
- Russia online retail is foretasted to form 5.2%of overall retail sales
- While eCommerce in Latin American nations is predicted to account for a mere 3,2% of total retail sales
- In Australasia online retail is expected to contribute 8.4% of overal retail sales revenues by 2019
- Mid east and African nations eCommerce sales as a percentage of total retail sales will account or the lowest ever with 1.6%
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