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INDUSTRIESMARKETSShoppingbehaviorintheMiddleEastandNorthAfrica
CHAPTER01Overview
Totalconsumerspendingworldwidefrom2014to2029(inmillionU.S.dollars)Totalconsumerspendingworldwide2014-202990,000,00080,000,00070,000,00060,000,00050,000,00040,000,00030,000,00020,000,00010,000,000020142015201620172018201920202021202220232024202520262027202820293Description:Theglobaltotalconsumerspendinginwasforecasttocontinuouslyincreasebetween2024and2029byintotal16.5trillionU.S.dollars(+27.22percent).Aftertheninthconsecutiveincreasingyear,theconsumerspendingisestimatedtoreach77.2trillionU.S.dollarsandthereforeanewpeakin2029.ReadmoreNote(s):Worldwide;2014to2029;allvaluesareestimatesSource(s):
Retaile-commercesalescompoundannualgrowthrate(CAGR)from2024to2028,bycountryE-commerceretailsalesCAGR2024-2028,bycountryCompoundannualgrowthrate6%8%0%2%4%10%12%14%UnitedStatesIndia11.82%11.79%11.71%MexicoArgentinaBrazil10.49%10.38%ChinaTurkeyGlobalIndonesiaRussia9.97%9.95%9.83%9.46%9.42%9.04%8.8%8.42%SouthAfricaItalyCanada4Description:Accordingtorecentindustrycalculations,theUnitedStateswillrankfirstamong20countriesworldwideinretaile-commercedevelopmentbetween2024and2028,withacompoundannualgrowthrateof11.8percent.TheAmericane-commercemarketiscurrentlyvaluedat843billionU.S.dollars.IndiaandMexicoarealsoamongthefastest-growinge-commercemarketsglobally,withaCAGRsofover11percent.Theglobalretaile-commerceCAGRwasestimatedat9.8percentduringthe[...]ReadmoreNote(s):Worldwide;2024Source(s):DigitalMarketInsights
Conversionrateofonlineshoppersworldwidefrom1stquarterto4thquarter2023,bycountryandregionQuarterlyglobalonlineshopperconversionrate2023,bycountryandregionCountry/regionUnitedKingdomNetherlandsUnitedStatesCanadaQ123Q2232.7%2.8%2.3%2.1%2.3%2%Q3232.6%2.8%2.2%1.9%2.2%1.9%1.8%1.8%1.4%1.3%1.3%1.2%1.3
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