Ecommerce Subsector Breakdown
Sectors
Overview
Key Trends
• A broad category containing grocery chains and meal-prep subscriptions along with alcoholic and nonalcoholic drinks retailers. • Major retailers: Amazon, boxed.com, HelloFresh, and Walmart
• Strong gains are expected in the industry as a busy workforce turns increasingly to the convenience of digital platforms for groceries. • The surge in smartphone users globally has significantly contributed to the growth of F&B ecommerce sales. Smartphone users represent the primary online shoppers in the industry. • The market's expansion is attributed to the ongoing trend of online gaming, the emergence of high bandwidth network connectivity, and the continuous demand for 3D games. • Beauty shoppers love online marketplaces. It’s the most favored ecommerce channel as it provides a one-stop shopping experience with a wide selection of products, from both first-party and third- party vendors. • Rapid adoption of telemedicine and an increased interest in products promoting overall wellness due to the COVID-19 pandemic continue to drive ecommerce opportunities, like subscription supplements.
Food & Beverage
• Consumer sales of physical media. Examples: books, CDs, DVDs, and video games on disc.
Media
• Personal care and health products. Examples: over-the-counter medicines, vitamins, cosmetics, and body and hair products. • Major retailers: CVS Health, Walgreens Boots Alliance, Walmart, and Amazon
Beauty, Health, Personal & Household Care
Source: FE Internal Analysis.
14
Made with FlippingBook - professional solution for displaying marketing and sales documents online