The Future of E-commerce After COVID-19

Global e-commerce market

The global e-commerce market will continue to grow, though it is not expected to have a huge boost in the coming years. In the first half of 2018, sales of e-commerce sites were up just over 50%. This is due in part to a dip in consumer discretionary spending — things like restaurants, travel, and childcare are all down.

Impact of COVID-19 crisis on e-commerce

The COVID-19 crisis affected e-commerce in several ways. For one thing, it accelerated the pace of digital transformation in many countries. As a result, the share of e-commerce in the global retail trade is expected to rise from 14% in 2019 to about 17% by 2020.

Impact of COVID-19 crisis on supply chain

Global supply chains were shaken by the COVID-19 outbreak, which resulted in supply chain disruptions across multiple industries. The fashion and textile industries were particularly hard hit by this crisis, given the importance of China as a key supplier of textile inputs.

Impact of COVID-19 crisis on social e-commerce

The COVID-19 crisis is having an impact on social e-commerce in the United States. It is accelerating the expansion of e-commerce and will likely change the way consumers buy and sell. The resulting shift will likely involve the sale of everyday necessities rather than luxury items.

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