The pandemic ecommerce boom may have come to an end, but marketplaces will continue to expand their share of US retail ecommerce. We expect US ecommerce sales to grow by $588 billion over the next five years with marketplaces accounting for nearly 40% of those gains. The channel will continue to grow in importance as more brands seek consumers wherever they are.
More retailers and brands are building out their own marketplaces. Walmart is the largest retailer to rapidly scale its third-party sales platform, but a slew of others including Macy’s, Kohl’s, The Kroger Co., J.Crew, Michaels, and Lands’ End are leaning into the channel with varied approaches.