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Supply Chain Graphic of the Week: The eCommerce Juggernaut to Roll On

 

Growing Share of Consumers will Buy All or Most of Different Retail Product Categories On-Line

 

Jan. 14,  2021

 

We all know the incedible growth in ecommerce - up 44.5% in Q2, and 36.7% in Q3, awaiting Q4 numbers.

 

While growth is likely to slow in 2021 compared to 2020 rates after Q1, the powerful overall trend is sure to continue.

 

That is evidenced by a recent consumer survey by McKinsey, summarized in the chart below:

 

 

As can be seen, the growth in the percent of consumers that say they will purchase all or most of a given retail product category on-line is accelerating - expected to be up 81% post-pandemic for household supplies, for example.

 

Meanwhile, 22% of consumers say they will be most or all of their groceries on-line, up 48% versus before COVID-19.

 

It is simply a new retail world.

 

Any reaction to our Supply Chain Graphic of the Week? Let us know your thoughts at the Feedback button below.

 

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