Brazil Ecommerce Market Shares 2026: Growth Rates and Incremental Sales Opportunities for Local, Regional, and International Retailers

Retail ecommerce sales in Brazil will grow by $22.54 billion over the next two years. While Mercado Livre and Amazon will capture more than three-quarters of these incremental sales, a $5.24 billion opportunity remains for smaller local and international retailers.

This deck covers:

  • Brazil’s ecommerce market by leading retailers’ market share

  • Key shifts in market share between 2026 and 2028

  • White-space sales opportunities for retailers to grab market share

*Link to the full report here.

Executive Summary:

  • Brazil’s retail ecommerce opportunity is massive. The country will account for over 40% of total retail ecommerce sales in Latin America through 2030 and rank among the world’s fastest-growing markets, making it a critical battleground for retailers.

  • Market dominance is consolidating among a handful of online retailers. Mercado Livre, Shopee, and Amazon continue to pull ahead, backed by strong digital ecosystems and logistics advantages. Still, over a third of retail ecommerce sales in Brazil remain up for grabs, leaving smaller retailers to compete for a shrinking share of the market.

  • Future growth will intensify competition while disproportionately favoring international players. Among the retailers we forecast, only Mercado Livre and Amazon will make meaningful gains in market share over the next two years. This will force local retailers to compete on efficiency, fulfillment, and differentiation to stay relevant.