The brand new 2023 U.S. B2B Ecommerce Market Report from Digital Commerce 360 examines the sales, growth, and trends that will determine the future of B2B ecommerce in the United States.
Business-to-business (B2B) e-commerce sites and apps had revenue growth of 19% in 2016, surpassing that of traditional B2B channels for the first time. Although this trend has slowed in recent years, e-commerce is unquestionably the future of business.
The brand new 2023 U.S. B2B Ecommerce Market Report from Digital Commerce 360 provides an in-depth look at the most recent sales and performance data for B2B ecommerce, as well as insightful analysis of emerging trends, advice for overcoming major challenges, interviews with key industry leaders, and an accurate forecast for the future of B2B ecommerce.
Key Facts:
• Manufacturers and distributors collectively grew their combined B2B sales 14.5% to $14.86 trillion last year
• E-procurement sales grew 18% year over year and, for the first time, topped $1 trillion last year
• 35% of B2B buyers said they do at least 50% of their purchasing via online marketplaces
• B2B ecommerce sites and apps grew to $1.95 trillion, a 19% increase from $1.64 trillion in 2021
• Fastenal reported an increase in 2022 total sales to $6.98 billion—that’s up 16% from $6.01 billion in 2021
• B2B marketplace sales exploded to $112.0 billion in 2022—up 100% from 2021—growing 5x faster than B2B ecommerce revenue overall
Included in the report:
• Extensive analysis of 2023 B2B ecommerce, including information-rich sections on digital sales and expectations, marketplaces, and expansion
• 11 charts and graphs packed with all-new industry data
• Case studies and executive interviews with leaders from WD-40, Ecolab, Fastenal, Caterpillar, Southern Glazer Wine & Spirits and Kele Companies
