Boxed SPAC Presentation Deck
1. $100BN+ rapidly growing online grocery market
Online Grocery Growing Rapidly
Boxed Increasing Share in $31BN+ "Other" Segment
TOTAL GROCERY E-COMMERCE SALES ($B)
Grocery
e-commerce
(% of Total)
$106
2020
10%
+19% CAGR
$248
2025
21%
ONLINE GROCERY PENETRATION BY COUNTRY
U.S. Penetration Rate
Estimated at 21% by 2025
21%
11%
10%
USA
14%
UK
Current Penetration Rate
Projected Penetration Rate
20%
China
TAM OF ALL OTHER ONLINE GROCERY RETAILERS
Estimated at $31B in 2020
$31
$75
2020
All Other
Online Grocery 29%
(% of Total)
Source: Wall Street Research, Reuters, Kantar Research, Forrester Research, FMI U.S. Grocery Shopper Trends, 2020 and Mercatus - The Evolution of the Grocery Customer, 2020
$63
$154
2024
29%
All Other
Online
Grocery
amazon
COSTCO
WHOLESALE
Walmart
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