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2023 Ecommerce Fulfillment Statistics: What the Data Tells Us

Ecommerce Platforms

Today’s top ecommerce Fulfilment statistics provide us with some useful insights into the current state of the online shopping landscape. In a world of instant gratification, same-day delivery, and evolving consumer expectations, ecommerce retailers can’t afford to underestimate the power of rapid Fulfilment.

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How Boisson Benefits From — and Fuels — Non-Alcoholic Beverage Category Growth

Retail TouchPoints

The non-alcoholic beverage (NA) market is projected to reach $176.7 billion in revenue by 2028. Big name alcoholic beverage players such as Anheuser-Busch and Diageo will be fighting to get a piece of this pie by bringing new products to market, especially with U.S. The format also supports more fulfillment-driven experiences.

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True Religion Expands into China on Multiple Fronts

Retail TouchPoints

Key elements include opening 65 freestanding and shop-in-shop stores by 2026 and offering its jeans and sportswear on China’s major ecommerce marketplaces. On the brick-and-mortar front, True Religion is planning to operate a total of 108 stores by 2028.

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Digital Beauty Brand IL MAKIAGE Bolsters Tech Stack with Computer Vision Acquisition

Retail TouchPoints

I have met dozens of computer vision startups but could not find a technology that can fit our industry and was strong enough to fulfill our goals. GlobalData estimates that the computer vision market will reach $28 billion by 2030, up from just $3.5 The global virtual fitting room market is expected to reach $15.43

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The Impact of Live Commerce on Shopping

Smile.io

There have been shopping channels since the 1980s, but then the internet came along, and ecommerce hasn’t slowed down since.    Since then, the live commerce sector has grown massively , reaching a value of $1,498.7 billion by 2028.   So, just how is live commerce impacting the retail sector?

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5 Things for Apparel Brands to Know About the Circular Economy

ESW

Clearly, it is time for apparel companies to start changing the way they manufacture, source and market their products, making moves to recycle, reduce and reuse. In fact, the secondhand clothing market is growing faster than any other channel in the U.S., In 2022, circular economy revenue totaled US$338.88 billion by 2026.

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AI Statistics: The Top AI Stats You Should Know in 2023 (With Infographic)

Ecommerce Platforms

In 2022, the global AI market was valued at around $119.78 The Machine Learning market will reach a value of $302.62 In 2021, the market was valued at around $14.91 However, like the general AI market, this space is growing at a rate of almost 40% (38.1%). PWC ) The Chatbot market will be worth $3.99