The impact the COVID-19 pandemic made on supply chains was, according to Morris Cohen, Wharton Professor of Operations, Information, and Decisions, “a major disruption, along the lines of having an earthquake or tsunami.” For decades, the core features of supply chain management were: At ShipBob, it’s why we have opened fulfillment centers in Canada and the UK and are about to open another in Australia.” He adds, “Merchants can shift where they sell based on this data and the demand on ecommerce from these countries. Trends from eMarketer suggest that these markets will stay in the top five until 2025.Ĭasey Armstrong, CMO at ecommerce fulfillment brand ShipBob, adds, “While a lot of focus in ecommerce centers around the United States and Canada, there is a lot to learn from other large international players who are seeing an even more accelerated growth rate in ecommerce.” The top five ecommerce markets haven’t changed since 2018. The UK is followed by Japan (3%) and South Korea (2.5%). After China and the US, the third-largest ecommerce market is the United Kingdom, taking up 4.8% of the retail ecommerce sales share. The US ecommerce market is forecasted to reach over $875 billion in 2022, a little over a third of China’s. It also has the world’s most digital buyers, 824.5 million, representing 38.5% of the global total.