Forecast Report

Forrester Data: Online Retail Forecast, 2017 To 2022 (Latin America)

ForecastView Document

May 14th, 2018
With contributor:
Sanjeev Kumar

Summary

We expect that Latin American economies will continue to expand in 2018 after entering into an upward growth trend in 2017. Online retail in Latin America will grow at a compound annual growth rate (CAGR) of 19.3% and reach $78 billion in 2022. Brazil remains the largest and fastest-growing market due to increased investment by online retailers and growth in marketplace sales. Our forecast details online retail growth across 12 product categories and three markets.

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