Mailroom-and-Packaging-Catalogue

4 he e-commerce industry has forever re-shaped the way goods are purchased globally Convenience, combined with shifts in consumer behaviour, indicates an ever-increasing demand for online retail. COVID 19 continues to have a profound impact on consumer behaviour, with several e-commerce platforms experiencing a surge in first-time users. Despite the pandemic’s impact on incomes, there is no sign that this boom will slow down. Today, 94% of Australians have easy access to high -speed Internet, and 60% of them use it multiple times per day. With so many of us turning to online shopping over bricks and mortar e-commerce has exploded, converting more than 50% of the population to digital buyers. This countr y ’s e - commerce sector is one of the top 10 in terms of e - commerce market size globally. According to J.P. Morgan Global Payment Trends, the e - commerce market valued at $33.1 billion in 2021, with an annual growth rate of 8.9%. The growth trend is likely to continue and e - commerce sales in Australia are expected to reach A$77.1 billion by 2024. Emerging Trends in the E-commerce Industry T “Since the beginning of the pandemic several e-commerce retailers have experienced a surge in f irst-time users, and there’s no sign of the boom slowing down.”