The given charts compare the turnover from four different retail sectors in terms of internet sales in Canada over a 20-year period.
Overall, in 2040, it is expected that the profits from food and beverage will be higher than in other sectors. In addition, the percentage of home furnishings and electronics is anticipated to increase, while the opposite is true for the others.
In 2020, accounted for over a third in total online sales, the percentage of electronic goods was the highest among four sectors. Unfortunately, this data is forecast to drop, down to 30% in 2040. Likewise, it is predicted that there will be a downward trend in the proportion of home furnishings, down from the second highest rate in 2020 (25%) to the lowest in 2040 (15%).
In contrast, the food and beverage sector is projected to see a dramatic rise, with the ratio increasing from 22% to 32% over the 20 years. Additionally, the projection shows a 5% increase in the figures for video games.
