BlogStatisticsUS eCommerce Sales Growth (2018 to 2024)

US eCommerce Sales Growth (2018 to 2024)

19% of the Globe’s total eCommerce sales come from the United States. That means for every $100 spent on eCommerce globally, $19 is spent within the USA.

eCommerce sales in the United States have already reached $289.20 billion as of Q1 2024 and estimates to reach $1.22 trillion by the end of the year.

This post breaks down the eCommerce sales in the country over the years and also has estimates until 2029.

US eCommerce sales at a glance

  • eCommerce sales in the United States accounted for $289.20 billion as of the first quarter of 2024 accounting for 15.9% of all retail sales in the country.
  • The US eCommerce market will hit $1.22 trillion in sales by the end of 2024 and set a new peak.
  • US eCommerce sales will grow at a CAGR of 8.99% between 2024 and 2029.
  • Consumers will spend most on Hardware, Fashion and Food while shopping online.

Yearly US eCommerce sales

eCommerce sales in the United States stood at $1.10 trillion in 2023 achieving a new peak. The sales in 2024 are projected to reach $1.22 trillion and set a new peak.

Retail eCommerce sales in the United States have already reached $289.20 billion as of the first quarter of 2024.

This table shows the yearly growth of eCommerce sales in the United States:

YearUS eCommerce SalesChange from Previous Year
2013$260.5 billion0.127
2014$297.0 billion0.14
2015$337.3 billion0.136
2016$383.5 billion0.137
2017$442.4 billion0.154
2018$506.7 billion0.145
2019$569.4 billion0.124
2020$807.1 billion0.417
2021$950.5 billion0.178
2022$1,012.2 billion0.065
2023$1,102.2 billion0.089
2024*$1,223.0 billion0.1095
*Projected Values

US eCommerce sales crossed the $1 trillion mark for the first time in 2022 when the total sales accounted for $1.01 trillion, which was a 6.5% increase from the previous year.

Despite occasional quarterly fluctuations, the country’s eCommerce sales have consistently shown upward annual growth trends.

The most notable boost came in 2020 when the eCommerce sales grew by a staggering 41.7% from the previous year. Covid19 pandemic has a lot to do with this growth.

Quarterly US eCommerce sales

As of the first quarter of 2024, US eCommerce sales reached $289.20 billion, reflecting a 2.09% increase from the previous quarter and an 8.59% increase from the same quarter of the previous year.

This table shows the quarterly growth in US eCommerce sales from 2018 to 2024:

TimeUS eCommerce SalesChange from previous Quarter
Q1 2024$289.20 billion0.0208
Q4 2023$283.29 billion0.0126
Q3 2023$279.74 billion0.0253
Q2 2023$272.82 billion0.0244
Q1 2023$266.31 billion0.0061
Q4 2022$264.69 billion0.0024
Q3 2022$264.03 billion0.0226
Q2 2022$258.17 billion0.0209
Q1 2022$252.86 billion0.0357
Q4 2021$244.14 billion0.0156
Q3 2021$240.37 billion-0.31%
Q2 2021$241.12 billion0.0284
Q1 2021$234.44 billion0.1741
Q4 2020$199.66 billion-0.85%
Q3 2020$201.38 billion-1.21%
Q2 2020$203.85 billion0.3188
Q1 2020$154.57 billion-1.28%
Q4 2019$156.58 billion2.15
Q3 2019$153.27 billion0.0472
Q2 2019$146.35 billion0.0474
Q1 2019$139.71 billion0.0316
Q4 2018$135.43 billion0.0196
Q3 2018$132.82 billion0.0292
Q2 2018$129.05 billion0.0532
Q1 2018$122.53 billion

Share of eCommerce sales in total retail sales

eCommerce accounts for 15.9% of the total retail sales in the United States as of the first quarter of 2024.

The share of US eCommerce sales in the total US retail sales have been rising consistently over the years and is set to cross 16% for the first time by the end of this year.

This table shows the share of eCommerce in total retail sales:

TimeShare of eCommerce sales in total retail sales
Q1 202415.90%
202315.30%
202214.38%
202114.60%
202014.53%
201910.55%
20189.63%
20178.78%
20167.93%
20157.13%
20146.53%
20135.88%

US eCommerce sales projection (2024 to 2029)

The eCommerce sales in the United States are predicted to reach $1.22 trillion by the end of 2024. The market will keep on growing at a CAGR of 8.99% till 2029 and reach $1.88 trillion.

Top categories in US eCommerce

US Consumers will spend the most on DIY/Hardware ($252.8 billion), Fashion ($197.4 billion) and Food ($195.3 billion) while shopping online in 2024.

Looking at the future…

Electronics and Beverages will see a heavy spend by 2029. Sales of Tobacco products are set to double by 2029 as compared to 2024.

Here is an overview of the most popular categories in the US eCommerce market: 

Final Word

US eCommerce sales have never seen a yearly downtrend and possibly won’t see one until 2029 unless a major world event occurs to hinder its growth. The sales numbers have recovered from the setback of Covid19 and we can expect them to reach $1.88 trillion by 2029.