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The United States has the Highest Ecommerce Penetration Rate of 87%, Twice Higher than China and 30% more than Top European Countries

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By Jastra Kranjec

Updated Apr 10, 2024

Thanks to the surging number of people who flocked to shopping apps and online shops instead of the brick-and-mortar stores, the global ecommerce revenue has practically doubled in the past five years. Last year alone, the global ecommerce industry grossed $3.15 trillion, and more than half of that value came from China and the United States, the two largest markets. And while China undoubtedly leads in ecommerce revenue, the US market has a much higher user penetration rate.

According to data presented by Stocklytics.com, the United States has the highest ecommerce penetration rate in the world of 87%, much more than any other country.

US Ecommerce Penetration Rate is Twice that of China and 30% Higher than in European Markets

Although in-person shopping is back in full swing in 2024, ecommerce continues to thrive due to technologies that have taken the online shopping experience to a whole new level. Voice search, artificial intelligence, AR, and VR-enhanced shopping have practically wiped off the differences between online shopping and going into the brick-and-mortar store, turning ecommerce into the number one choice for hundreds of millions of people worldwide. Still, Americans seem to be the biggest fans of this type of shopping, with their country having the highest ecommerce penetration rate globally.

According to Statista Market Insights, 87% of Americans are expected to make at least one purchase of a new physical item online in 2024, much more than in any other country. Although the penetration rate doesn’t show how frequently a country’s population shops online, it usually goes hand in hand with the ecommerce intensity. Statistics show that the US ecommerce penetration rate is twice that in China, the world`s biggest ecommerce industry, and 30% higher than in most European top markets.

The United Kingdom is the only country close to the United States, with 84% of Britons expected to shop online in 2024. The Netherlands stands in third place with 73% of online shoppers. Canada and Germany follow, with 58% and 54%, respectively. Statistics show Spain, China, and Brazil have roughly 40% of online shoppers in 2024, while India is at the back of the list with a 22% share.

More than 96% of Americans will Shop Online by 2029

And while the United States may be the world`s most advanced ecommerce market, even there, online shopping still hasn’t reached everyone. According to a Statista survey, roughly 250 million Americans shopped online last year. With another 20 million people flocking to shopping apps and online shops, the total number of users in the US market will hit over 270 million this year. Statista expects this figure to jump over 330 million in the next four years, with the ecommerce penetration rate in the country rising to over 96%.

In comparison, China, the world`s largest ecommerce industry, counts 542 million online shoppers in 2024, representing 47% of its population. By 2029, these figures will rise to 779 million and 56%.

As the second most advanced ecommerce market behind the United States, the United Kingdom will have 58 million online shoppers in 2029, 7 million more than this year, while the ecommerce penetration rate in the country will jump to a huge 91%.

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Disclaimer: The information provided by Stocklytics is for general informational purposes only and should not be considered as investment advice. We make no representation regarding the completeness or accuracy of the data, and it should not be relied upon for investment decisions. Use of this tool is at your own risk, and we are not liable for any loss or damage arising from its use.