Goldman Sachs Report: Global E-commerce to Hit $6.4 Trillion by 2030 - India, LatAm, ASEAN Emerge as New Growth Engines

Goldman Sachs released its third edition "Global eCommerce Handbook" on July 8, 2025, forecasting global e-commerce to grow at 6% CAGR from 2025-2030, reaching $6.4 trillion. The report highlights Amazon's 31% market share globally (ex-China), with India, Latin America, and ASEAN showing highest growth potential due to low penetration rates. Food & beverage categories emerge as key growth drivers, with quick commerce rapidly expanding in emerging markets. Goldman recommends 7 top e-commerce stocks including Amazon, JD.com, and Coupang as regional leaders.