Forecast Report

Forrester Analytics: Online Retail Forecast, 2018 To 2023 (Latin America)

ForecastView Document

June 5th, 2019
Satish Meena, null
Satish Meena
With contributors:
Reineke Reitsma , Sanjeev Kumar , Rachel Birrell

Summary

Online retail in Latin America will grow at a compound annual growth rate (CAGR) of 22.3% to reach $129 billion in 2023. Brazil remains the largest market due to increased investment by online retailers and growth in marketplace sales, while Chile is the fastest-growing market. Our forecast details online retail growth across 12 product categories and six markets — Argentina, Brazil, Chile, Colombia, Mexico, and Peru.

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