GMV of Amazon Business 2016-2020

In 2016, Amazon Business, the marketplace for businesses of all sizes, has reached one billion U.S. dollars in Gross Merchandise Volume (GMV), just a year after its launch. The B2B marketplace expanded to over ten billion U.S. dollars by the end of 2018. Four years later, it was announced that it reached 25 billion U.S. dollars.

The biggest categories on Amazon Business

Amazon Business is known for its wide range of products diversity. Still, the main categories of products listed in 2020 were maintenance, repair, and operations (MRO) with remarkably 18 million products, followed by automotive with 16 million products. Correspondingly, the major number of sellers on Amazon Businessin 2020 is 174,000, who sold maintenance and repair products. Office suppliers followed with 75,000 sellers.

B2B buyers on Amazon marketplaces

The B2B marketplace of the e-commerce giant Amazon holds further potential. In 2020, about 41 percent of B2B U.S buyers consider shopping on Amazon marketplace a common practice, while 40 percent stated to have the intention to purchase on the marketplace in the future.