While Amazon, Walmart, Apple, and eBay will remain the top three US retail ecommerce companies by sales this year, more category-driven etailers like Carvana and Chewy are moving up the ranks.
Carvana has been up and down in recent years, according to our “Top 15 US Ecommerce Companies Forecast” report. In the years prior to the pandemic, Carvana’s sales grew by triple digits. But in 2022, growth stalled out and the company is now facing a marked drop in demand.
Still, there’s a lot of room for Carvana to grow, especially if it’s able to control costs and maintain sales amid a chaotic time for the rest of the auto industry.
4. Gen Z brings online resale to the mainstream