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?