Moneyzine
/Personal Finance/Online Shopping Statistics

Key Online Shopping Statistics & Trends for 2024

Darko Jacimovic
Author: 
Darko Jacimovic
Nikola Djordjevic
Editor: 
Nikola Djordjevic
15 mins
May 21st, 2024
Advertiser Disclosure
Key Online Shopping Statistics & Trends for 2024

Online shopping statistics show that this type of purchasing goods and services is more convenient, faster, and, in light of the pandemic, a lot safer than in-store shopping. It’s a no-brainer that there has never been a better time to sell and shop online, but how good is it exactly? Check out the latest online shopping trends and stats as we crunched down the numbers for you!

Top 10 Online Shopping Statistics and Facts

  • There were 2.14 billion digital shoppers worldwide in 2021.

  • 58.5% of people worldwide report buying something online once a week.

  • 60% of consumers said they increased their online shopping during the COVID-19 pandemic.

  • In 2021, 74.3% of the American population purchased goods online.

  • 31% of consumers used their mobile phones to make online purchases.

  • 53% of consumers think positively of online shopping experiences.

  • Statistics on online shopping show that conversion rates were down 12% in Q1 2022 compared to Q1 2021.

  • 81% of Australian households reported buying something online in 2021.

  • 91% of UK online shoppers say free shipping is important.

  • 85% of European shoppers say poor delivery would prevent them from ordering again from a given online retailer.

  • 54.3% of US consumers purchased groceries online in 2022.

Statistics About Online Shopping

There were 2.14 billion digital shoppers worldwide in 2021.

More than a quarter of the world shops online and the number has been growing year after year. The number of online shoppers grew by a whopping 620 million over the last 5 years and trends show that it’ll continue to grow. PayPal is one of the most common methods for online shopping as 33% of Americans use it to make online payments.

(Statista)

58.5% of people worldwide report buying something online once a week.

This is one of the online purchase statistics that showcase the online shopping industry growth since the majority of surveyed consumers said they used the World Wide Web to make a purchase at least once a week. Moreover, 24.7% of them said they also use an online price comparison service on a weekly basis.

(DataReportal)

Conversion rates were down 12% in Q1 2022 when compared to Q1 2021.

The conversion rates for online shopping worldwide have dropped more in EMEA countries than in the US and GB, but there’s been a consistent drop worldwide. Reasons for this are manifold, but relaxing the Covid-19 restrictions by the majority of countries is definitely one of them.

(Kibo Commerce)

The total amount of eCommerce retail sales in 2022 was expected to be more than $5.7 trillion.

As we can see from the global online shopping statistics, the growth of eCommerce retail sales seems unstoppable. A breathtaking YoY growth quadrupled since 2014 and the trends show that it might grow up to $8.1 trillion in 2026. A predicted 56% growth over the next four years is definitely something to look forward to.

(Statista)

In 2021, 74.3% of the American population purchased goods online.

When compared to 2019, we can see this was a 4% increase, while the percentage of US online shoppers grew by 2% from 2021. The popularity of online shopping will only continue to grow, to an estimated 80.4% of online shoppers in 2025.

(Statista)

Retail eCommerce sales in the US were at an all-time high of $252+ million in the second quarter of 2022.

Ecommerce sales are booming in the post-covid era. The steady growth over the last 20 years has been followed by a significant surge during and after the pandemic. In the first quarter of 2022, US retail eCommerce sales climbed to over $257 billion signifying a 2.7% increase when compared to the previous quarter. This could be either to increased demand or increased number of dropshipping retailers. Check out this article on dropshipping statistics.

(Statista)

Online Shoppers Statistics

60% of surveyors said they increased their online shopping during the COVID-19 pandemic.

Half of the surveyed people say they’ll continue taking their online shopping habit to the next level over the next 6 months while 39% say they would rather stay at current levels. To confirm this is a general shopping trend, a third of respondents also expect to increase their brick-and-mortar shopping. Good news for retailers worldwide!

(PWC)

US consumers spent $609 billion more online from March 2020 to February 2022 than they did during the preceding 24 months.

Online shopping statistics by year show that the growth trend didn’t stop in 2022. The astonishing 50% increase is a clear sign for retailers worldwide to adapt to the recent game-changing market movements and find new ways to attract online customers.

(Adobe)

53% of consumers have a positive impression of the online shopping experience.

As per online shopper statistics, 18% said the same about the physical store experience. It’s important to note that in Europe and South Africa, the main factor that blocks the growth of online shopping is the fact people enjoy visiting physical stores. Still, easier navigation, social proof, and a larger variety of products are all factors that can influence people to move from in-store to online shopping.

(NielsenIQ)

Good value and time-saving are the main motivators for online shopping in the US.

We doubt many will be surprised by this since it’s one of the most obvious online shopping facts. On the other hand what might surprise you is that the biggest drivers for online shopping in Italy and Belgium are “first to have new products” and “the ability to make special requests”, respectively. Lower prices are the main motivation for people in Taiwan, Austria, and Poland while Canadians love the convenience that online shopping brings to the table.

(NielsenIQ)

31% of respondents have used their phones to make online purchases.

In a recent survey done by GWI, 58% of consumers said they preferred to shop online and 31% of them claimed they use their phone to make online purchases at least once per week. Since 25% of millennials do most or all of their grocery shopping online, this number will be higher in the future.

(GWI)

Online Shopping vs In-store Shopping Statistics

56.6% of consumers prefer to shop online.

Although the majority of people prefer online shopping, there are still a lot of people who like going to physical stores. It’s interesting to note that 48% of customers have replaced physical store products with online items so the consumer trends seem to be going in favor of online shopping.

(Raydiant)

18.3% of people who prefer online shopping over in-store shopping do so because the former is available 24/7.

For 17.2% leaving the house to purchase something you could easily get online is too much of a hassle, while 14.9% of surveyors like the availability of tools and coupon codes when buying stuff online. Furthermore, stats on online shopping show that 12% of people see it convenient that health and safety concerns aren’t a thing when shopping online while 10.5% of people just prefer the fast-paced transactions they get when buying on the World Wide Web.

(Raydiant)

At 27.6%, the experience of shopping in brick-and-mortar stores is the main reason why people shop in person.

At 24.7%, being able to physically touch the products before purchasing comes in second while the third place is held by people who aren’t patient enough to wait for delivery (11.9%). Finally, not wanting to pay shipping costs and the inability to find a product online round up the top 5 list with 10.8% and 5.3%, respectively.

(Raydiant)

US omnishoppers spend 23% more than Americans who shop exclusively in physical stores.

Statistics on online shopping vs in-store shopping show the disparity between online and offline shopping is even higher in Asia. Namely, in India, omnishoppers spent 1.5x more in 2021 than they did in 2020. On the other hand, the purchases of those who shop only in brick-and-mortar stores stagnated. Thailand, the uncrowned champion of online shopping, saw a similar trend since online shopping was twice as popular as physical store shopping.

(NielsenIQ)

Online Grocery Shopping Statistics

28.7% of people in Australia order groceries online on a weekly basis.

As for the United States, groceries became an important aspect of the entire online shopping market since this industry was expected to top $85 billion in online sales in 2022. Once again, Thailand tops the worldwide charts with 43.3% of surveyed people purchasing groceries online. Right behind the Kingdom of Thailand are South Korea and Turkey with 41.5% and 40.3% of people shopping for groceries online, respectively. Finally, only 23.8% of people in the United States order groceries online weekly.

(Adobe, Hootsuite)

The online grocery shopping industry saw an 8% growth between 2020 and 2021.

Although internet shopping statistics show that the industry is developing, only 38% of monthly grocery shoppers make their purchases online which means there’s still plenty of room to grow. And since 73% of people are more dedicated to protecting their physical and mental health, 40% of online shoppers buy more supplements than they did before.

(GWI)

At 6.8% the grocery industry has the highest conversion rate in the eCommerce world.

To be fair, pharmaceuticals also take 6.8% of the proverbial cake while health & beauty, as well as travel & hospitality industries, are right behind, at 3.9% each. Marketers should know that the margins between industries are narrow in this aspect and that almost all industry giants can hope to see online spending numbers skyrocket in the following years.

(DataReportal)

Around 50% of Americans say lack of time made them shop for groceries online.

As per data from a survey carried out in September 2021 in the United States, one-third of Americans were reluctant to leave their house to go grocery shopping, while 25% of consumers made the whole weekly grocery shopping online. It’s also important to note that 36% of US consumers reported spending between $50 and $100 dollars on groceries weekly.

(Statista)

Online Shopping Statistics by State

At 56.5%, California leads the list of states where people are making more purchases online.

The American Northeast crowded the top 10 with five states: Massachusetts, New Jersey, Rhode Island, New Hampshire, and Connecticut. To conclude the top five, we have two Western states (California and Washington) as well as two Southern states (Virginia and Delaware). The last one on the top 10 list is the District of Columbia.

(LendingTree)

With 38% of people shopping online regularly, Wyoming leads the list of states with the fewest online purchases.

Contrary to the previous stat, the American South dominates the list of top 10 states with fewer online purchases. According to online shopping data, Wyoming leads the list where you’ll also find Mississippi, Louisiana, Arkansas, Oklahoma, Tennessee, Alabama, New Mexico, Montana, and finally South Dakota. Interestingly enough, South Dakota’s governor didn’t close shops during Covid-19 which apparently influenced people’s shopping behavior.

(LendingTree)

Online Shopping Statistics by Country

81% of Australian households reported buying something online in 2021.

As a result, the Australian YoY (2020-2021) growth rate was 12.3% and Aussies spent like never before in 2021. The total online shopping spending for 2021 was at an all-time high of $62.3 billion which accounted for 19.3% of the total retail spend. However, when it comes to weekly online purchases, Australia has only 25% of people with the habit of making weekly purchases online meaning the industry still has room to grow.

(Auspost)

At 67.5%, Thailand is the worldwide leader in weekly online purchases.

The percentage of online shopping users in Malaysia is 66.1, while Mexico comes in third with 65.1%. China and the UK are also worth mentioning with 62.3% each, while the United States is at 60%. For perspective, the worldwide average is 58.8%.

(DataReportal)

91% of UK online shoppers say free shipping is important.

Although it seems like stating the obvious, free shipping and additional services such as click and collect are game-changers. Incentives such as free shipping and simple returns are important, but not always enough. At times, businesses will even need loyalty programs to keep their online shopping customers satisfied. One of the most important facts about online shopping to remember is that customers should always come first.

(Worldline)

85% of European shoppers say poor delivery would prevent them to order again from a given online retailer.

Keeping your promises is crucial in both life and business. The gap that is created by not respecting promised deadlines can destroy C2B brand loyalty. Delivery time is by far the most important factor here since 85% of consumers say they always look for delivery info. The champions in this regard are the Spaniards, 94% of which are always familiar with delivery times for the products they order online.

(Ipsos)

Male vs Female Online Shopping Statistics

Female shoppers are more likely to make online purchases than their male counterparts.

Depending on the age and other demographic parameters, the gap is different but across all age categories, online sellers would rather see female than male visitors. 63.9% of female customers between the ages of 25 and 34 purchase goods and services online weekly, while only 58.9% of the same age group do the same.

(DataReportal)

Females buy groceries online more often than men do.

Online shopper demographics show that the lowest gap is for males and females who are between 45 and 54 years old, while the biggest difference when it comes to online grocery shopping is between males and females between the ages of 25 and 34. 34.4% of females aged between 25 and 34 shops for groceries weekly, while only 29.8% of men of that age do the same.

(DataReportal)

45% of females in the UK say complex return policies can prevent them from shopping online.

The same is true for only 38% of men while 34% of them said unclear delivery time can deter them from shopping online. Hazy delivery times can stop 43% of UK females from ordering an item online meaning retailers should try harder and provide a better service in order to keep both genders satisfied.

(Worldline)

The Bottom Line

Although the Covid-19 outbreak supercharged the increase in online shopping numbers, the growth has slowed down a bit. However, as online shopping statistics show, the upward movement is now slow and steady, and we can expect the online shopping industry to flourish for years to come.

FAQs on Online Shopping Stats

What percentage of shopping is done online?
Which day of the week is the busiest online shopping day?
Which age group buys the most online?
How many online shoppers are there?
What percentage of people shop online vs in-store?
How much do people spend on online shopping?

Sources:

Related Content

  • Health insurance in the United States is a critical component of access to healthcare. A significant portion of the population remains uninsured despite various healthcare reforms and the expansion of government programs like Medicaid.
    March 7th, 2024
  • Debt by State Mapped for 2024
    This amount represents a 4.5% increase from Q2 2022, when the total consumer debt stood at $16.11 trillion. In turn, the period between Q2 2021 and Q2 2022 saw a higher increase of 7%.
    February 14th, 2024
  • Analysis of the Current Best Places to Buy a House
    According to the most recent estimations, around 100 million of these homes are single-family homes. They account for about 90% of all the housing units in the USA.
    December 21st, 2023
  • Fascinating Web3 Statistics You Ought to Know
    While the vast majority of Americans struggle with the meaning of Web3, seven in ten US Internet users also say that they don’t feel in control over how Web2 websites use their data. This suggests that users would like more autonomy, but ignorance is still an issue.
    January 31st, 2024
  • Managing debt is a critical aspect of financial well-being, and in today's dynamic economic landscape, having access to reliable and free debt management resources can make a significant difference. Fortunately, a plethora of invaluable tools and services are available online without costing a dime.
    December 7th, 2023

Contributors

Darko Jacimovic
With over six years of writing experience, Darko is a prolific writer in multiple industries including finance, and technology. Acquiring a BA in English pushed him to pursue his lifelong dream of conquering the internet and engaging with the personal finance space.
Nikola Djordjevic
Nikola has over five years of experience in content management. During that time, he’s worked on over twenty websites in a diverse set of niches, ranging from healthcare to finance—most of which he helped build from the ground up.
Moneyzine 2024. All Rights Reserved.