According to forecasts from the German company ECDB, which analyzes e-commerce market data based on billions of transactions, the fastest-growing category worldwide, with significant potential for online revenue growth, will be food products next year.
It is expected that within this category, the most notable growth will come from meal kit sets that consist of recipes for meal preparation and all the necessary ingredients. The market for such kits has grown significantly in recent years, with an increasing number of service providers entering the market, leading to ECDB’s forecast that revenues from their online sales worldwide will increase by 19 percent.
However, looking at subcategories of various types of products, the true winner of online sales next year is expected to be household cleaning equipment, for which ECDB forecasts a growth of 21 percent. The popularity of this category in e-commerce is attributed to noticeably lower prices compared to the same or similar goods in physical stores and the ability to effectively compare prices in online sales.
