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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