Everyone knows that the ecommerce share of total US retail sales continues to grow. Now, it appears that the pandemic has taken the trajectory of that growth even higher.

In a new report on the US market for warehouse space, faciliy developer Prologis offered a new forecast for ecommerce share growth, as shown below:

Source: Prologis

As can be seen, Prologis now predicts ecommerce will rise to 20% of total retail sales in 2020, versus an estimate of 16.9% early in the year before the virus outbreak in the US. On-line sales are now increasing at about 25% per quarter year-over-year, versus about 15% before the crisis.

Prologis also predicts that on-line's share will grow to 27% of all retail by 2024 - with profound effects on business and society.

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