The implications of the pandemic are far-reaching and signal a watershed moment for ecommerce in Latin America. (n.d.). Marketplaces like Amazon and AliExpress are flourishing, while many stand-alone retailers struggle to find their USP as brand and store loyalty are decreasing and cart abandonment rate in the industry is at 75%. Business facilities as well as institutional housholds (like unversity dormitories or retire homes) are not counted as households. Revenue in the eCommerce market is projected to reach US$18,805m in 2020. Direct debits: an authorisation that permits the merchant to debit the payment from a buyer’s bank account. US Holiday Ecommerce Sales Will Surge 35.8% to $190.47 Billion, Offsetting Brick-and-Mortar Declines ... Unlocking Your Brand’s Omnichannel Power Through D2C Selling | Sponsored Content, The Dominance of Ad-Free Streaming Poses Marketing Problems, Disney+ Officially Launches in Latin America amid Consumer Demand for Indoor Entertainment, Electronic Device Usage Nearly Doubled Among US Kids During the Pandemic. The Mexico 2020 Ecommerce Country Report also assesses consumer behaviour. In the year 2020 a share of 51.4% of users is male. +31.9% This category only includes cookies that ensures basic functionalities and security features of the website. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models. The Ad Platform: Recapping Retail Media's Year to Date with Bryan Wiener. The data is based on Statista's Global Consumer Survey. Gain access to reliable data presented in clear and intelligible displays for quick understanding and decision making on the most important topics related to your industry, included at no extra cost. However, it’s also a country where many consumers are loyal to distinctively Latin American companies, ranging from local department stores to the Argentinian-headquartered marketplace MercadoLibre. The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. Germany is main country for hm.com with only 17% of its revenues generated in Germany. | Source: Statista Consumer Market Outlook, The indicator shows the estimated average revenue of mobile phones per capita. It covers all private household spendings meant for consumption at home. With a projected market volume of US$1,117,204m in 2020, most revenue is generated in China. Find out more about Mexican consumers’ expectations and behaviour, and the opportunities offered by a rapidly developing country. Cash on delivery: the payment is accepted by a courier upon delivery or by the cashier at the pickup location. B2B eCommerce and the purchase or resale of goods (reCommerce and C2C) are not included either. It is mandatory to procure user consent prior to running these cookies on your website. The “Penetration Rate” box shows the share of active paying customers (or accounts) from the total population of the selected market (market segment, region) for each year. Así que, basados en estos comportamientos, ¿qué podemos esperar del e-commerce en 2020? Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Big Mac index - global prices for a Big Mac 2020. KEY STAT: Retail ecommerce sales in Latin America will grow by an estimated 19.4% in 2020, propelled largely by the rise in online shopping during government-mandated consumer lockdowns from March through June. You also have the option to opt-out of these cookies. User penetration in the eCommerce market will be at 39.3% in 2020. The store is considered national if over 50% of its revenue is generated in its main country. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: (Core country: data based on in-depth analysis), in the eCommerce market Cards: credit, debit and prepaid cards from global providers such as Visa or Mastercard and established local card schemes. Online shopping currently represents 2% of the country’s roughly $203 billion in annual retail sales, representing a huge opportunity as Mexicans have only begun to adopt e-commerce. The Executive Roundtable: David Cohen of the IAB on how digital advertising is adjusting to ... Advertising During the Election, Apple's Privacy 'Nutrition Labels,' and Virtual Reality Headset ID, Amazon Tripled Its Revenue Growth, Pinterest Q3 Results, and Walmart's Ecommerce Labs, Google and YouTube Overdeliver, Fraud in Connected TV, and the New California Privacy Rights Act, The Weekly Listen: What's Next for Section 230, AMC Theatres in Trouble, and Changing Media Tides, Facebook's Surprising (and Unsurprising) Earnings, Its Oversight Board, and the Threat From Gaming, Analyzing Twitter's Q3 Earnings, a TikTok and Shopify Deal, and Whether Social Audio Has a Future, The Weekly Listen: Quibi's Funeral, Ads Near Political Content, and Facebook Post-Election. The following categories are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streaming services (see instead: Digital Media), online booking of plane and concert tickets, etc. This payment type includes standard invoices and instant fund transfers from byer to merchant upon checkout (e.g. Recovery times will greatly vary by country due to each market’s unique set of circumstances, including its government’s ability to contain the pandemic and mitigate potential economic downturns. The Cross border share box shows the share and the forecast of eCommerce purchases that has been completed in the stores outside the country. Get an overview of trends and key players and consult comparisons of the focus regions USA, China, and Europe. POR: Redacción. We expect that retail ecommerce sales will grow 19.4% to $83.63 billion. In 2020, 64% of total eCommerce purchases will be paid by Cards. Overall, we expect total retail sales to return to their pre-pandemic levels by early to mid-2022. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for clothing and footwear (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). The markets for Alcoholic, Non-Alcoholic and Hot Drinks in turn not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). The Weekly Listen: Relocating to 'Free Speech' App Parler, Targeted Network TV Ads, and Linear ... Voice Assistant and Smart Speaker Users 2020. Download the Mexico 2020 Ecommerce Country Report for an in-depth analysis of one of the most important markets in the Americas. Reading Support in percent. We expect that retail ecommerce sales will grow 19.4% to $83.63 billion.
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