July 03, 2012 05:08 ET

Market Research Forecasts Online Retail Sales Growth at 15% CAGR Through 2016

ROCKVILLE, MD--(Marketwire - Jul 3, 2012) - has announced the addition of the new report "Global Online Retailers Market Size and Forecast to 2016," to their collection of Consumer Goods & Retailing market reports. For more information, visit 

Globally, Online Retailers have grown at a CAGR of around 14% since 2006. Canadean expects the channel to grow by 15% annually through 2016. This report provides detailed data on the size and development of retail sales of individual product types through Online Retailers globally. It provides a detailed and comprehensive quantitative analysis of the trends affecting market development through both historic and forecast data.

The top five EU nations: the UK, Spain, France, Germany, and Italy, accounted for around 60% of the European retail sales through the channel in 2011. Their combined share is expected to decline by 2016, and to be overtaken by Russia, which is expected to account for around 30% of total regional sales. Japan and China together account for over two-thirds of total Asia Pacific retail sales through the channel in 2011. Together, they are expected to share more than three-quarters of the regional online sales by 2016.

Online Retailers in North America accounted for over 40% of the Global sales through the channel in 2011, growing annually at over 13% since 2006. European online retailers stand a close second, accounting for a one-third share. Electrical and electronics is the key product group, accounting for around 35% of total channel sales in 2011; followed by apparel, footwear, accessories, luggage and leather goods. Electrical and electronics are expected to be among the fastest growing category groups through the channel in the forecast period (2012-2016), growing annually at above 17%.

Global Online retailers Sales (USD billion), by Region, 2006-2011

Regions   2006   2007   2008   2009   2010   2011   CAGR
2006- 2011
North America   134.2   158.3   178.3   194.8   223.2   249.8   13.23%
Europe   109.2   138.1   160.8   154.6   165   190.4   11.77%
Asia Pacific   47.5   54.4   61.9   70.2   89.8   118.2   20.03%
Latin America   6.8   9.2   12.4   12.9   16   20.1   24.34%
Middle East and Africa   2.9   3.6   4.4   5.1   6.1   6.9   19.35%
Overall   300.5   363.7   417.7   437.5   500.2   585.5   14.27%

Source: Canadean © 

For more information, visit 

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