Free Data Graphic 1 minuteFree ReportCoresight Bites: CPG E-Commerce Growth To Continue Coresight Research May 2, 2022 Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here. CPG (consumer packaged goods) companies and the brands and retailers they own continue to turn to e-commerce to engage with consumers. Following a huge pandemic-led spike in online sales growth, e-commerce grew 20% to $193 billion in 2021. We expect online growth to continue at double-digit year-over-year growth rates, but gradually slow to the teens (in percentage terms) as e-commerce penetration approaches saturation. Click the image to read more about the topic. This document was generated for Other research you may be interested in: US Consumer Tracker: Declines in Avoidance and Shopping ProliferateWeekly US and UK Store Openings and Closures Tracker 2024, Week 15: 99 Cents Only To Close All StoresUS Consumer Outlook and US Retail Outlook for 2023—PresentationEarnings Insights 1Q23, Week 1: Albertsons, Crocs, Procter & Gamble, Skechers and More Post Positive Results; Amazon’s Online Sales Improve