With a population of 213 million people, offers a lucrative opportunity for businesses looking to expand their reach. As the 7th most populous country globally, Brazil’s vast consumer base is increasingly turning to online shopping, driving significant growth in e-commerce sales.
A $48 billion market, offering immense opportunities for businesses looking to expand.
The Brazilian e-commerce market has experienced consistent growth over recent years, with a significant increase in online sales during the COVID-19 pandemic.
This trend is expected to continue as more consumers embrace the convenience of online shopping.
With only 49% of the population having made online purchases, there’s still significant room for growth in the Brazilian market. This relatively low online shopping penetration rate