Amazon has a whopping 12% of e-commerce sales globally.🚀
But…. Has Amazon Hit Their Peak?😱
Answer = NO!!!
In 2024, Amazon’s year-over-year (YoY) sales growth was as follows:
⬆️ North America: Sales increased by 10% to $387.5 billion.
⬆️ International Segment: Sales grew by 9% to $142.9 billion.
A closer look at some of Amazon’s key and growing markets:
🌟USA: Amazon is a household name, holding around 38% of sales in e-commerce.🏠
🌟Canada: Amazon in Canada is ranked the number one marketplace.🏅
🌟Mexico: E-commerce in Mexico has a projected growth rate of 15% each year.📈
🌟Europe: Italy and Spain are Amazon’s fastest-growing marketplaces. 🚀
Expanding your consumer brand into new international markets allows new consumers to conveniently purchase your products and is a great way to grow.
If you have ambitious growth plans and have been thinking about expanding globally, – make it happen in 2025!
👉 Want to scale internationally but time, knowledge or resources is holding you back? Let’s chat📩
At Propel Your Product we can launch your products on 13x Amazon marketplaces serving over 40 different countries in as little as 4 weeks🚀