Larger markets, such as China with an e-commerce revenue of 936 trillion and the United States with a revenue of 331 trillion, are naturally interesting markets for any business. Retreived from https://ec.europa.eu/taxation_customs/business/vat/vat-e-commerce_en, 20. January 2019 December 2020. Moreover, e-commerce has the potential to reshape the European Single Market for enterprises and private consumers by enabling price and product-related comparisons in a borderless market environment. Dublin, April 20, 2021 (GLOBE NEWSWIRE) -- The "Europe Cross-Border B2C E-Commerce Market 2021" report has been added to ResearchAndMarkets.com's offering. The share of enterprises conducting e-sales and the turnover generated from e-sales varied significantly depending on the size of the enterprises (Figure2). Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. Future of Commerce. 2021 European E-commerce Report. This definition encompasses purchases via desktop computers (including notebooks and laptops) as well as purchases via mobile devices (e.g., smartphones and tablets). The following are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streams, digitally distributed goods in B2B markets, and the digital purchase or resale of used, defective, or repaired goods (reCommerce and C2C).
Spain, a promising market for Asia-Europe cross-border e-commerce - Upply 2022 The Paypers BV. Europe E-Commerce Logistics Market was valued at around USD 77 billion in 2021. Unlike consumers in Europes other regions, a large portion of Eastern Europeans remain unbanked (adults who do not use or have access to traditional financial services like credit cards).20 The highest rates of unbanked in Europe are found in Romania (42%), Ukraine (37%), Bulgaria (28%), and Hungary (25%) compare these rates with Norway, Sweden, Finland, the Netherlands, and Denmark with 0% unbanked, and Belgium, Germany, and Switzerland with only 1% unbanked.21, As Eastern Europe proves, consumer payment preferences and behaviours are important aspects of localisation strategies for e-retailers selling cross-border into Europe. US advertisers are predicted to spend $65.3bn on social media this year, a year-on-year increase of just 3.6 per cent around 10 times slower than in 2021, according to estimates from eMarketer . Even though global e-commerce amounted to $3.4 trillion in 2019, this figure is estimated to reach $6.5 trillion by 2024 as the growth in e-commerce will outpace growth in physical retail.
Europe 2021 E-Commerce Region Report - asendia.com eCommerce - Europe | Statista Market Forecast The UK is estimated to lead the market during the forecast period. Amsterdam/Brussels: Amsterdam University of Applied Sciences & Ecommerce Europe. All monetary figures refer to the annual gross revenue and do not factor in shipping costs. The largest proportions of EU enterprises in 2020 with web sales to other EU countries were recorded in Austria (15%), followed by Malta, Belgium, the Netherlands and Slovenia (all 12%). (2021). (2021). Revenue in the eCommerce market is projected to reach US$642.90bn in 2022. Report Ocean has published a new report on theEurope E-commerce Market in diverse regions to produce a report with more than 250 pages. The "Europe E-Commerce Automotive Aftermarket Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Product Type and Consumer Type" report has been added to ResearchAndMarkets.com's offering.. Or are you looking for a new platform? E-commerce in Europe grew by 13% to 718 billion in 2021, according to industry figures, confirming the sharp rise seen the year before during the COVID-19 pandemic when brick-and-mortar shops . Another advanced market, Germany, had its B2C E-Commerce market increased by more than 20% y-o-y in 2020. The e-Commerce Technology market revenue was Million USD in 2016, grew to Million USD in 2022, and will reach Million USD in 2029, with a CAGR of during 2022-2029.Considering the influence of . This comes as no surprise as the share of e-commerce users is higher than 60 percent in the most mature e-commerce markets across the European Union. And who can blame them? You simply wont be able to compete effectively if there are local online shops that sell your product (or an alternative) cheaper and with quicker delivery. Using a link its possible to integrate your existing online shop with marketplaces such as Amazon, bol.com, and Cdiscount. Are you a retailer but not selling online yet? 18. B2C e-commerce revenue in Europe is projected to exceed EUR 750 billion in 2022, growing (CAGR 2022-2025) at 13.83% a year to reach a market volume of EUR 1,100 billion by 2025.
The Europe B2C E-Commerce Market (2022 to 2025) - Trends, Ecommerce Europe acts at European level to help legislators create a better framework for online merchants, so that their sales can grow further.
TikTok overhauls US business following advertising slump But if youre only selling in the Netherlands and Belgium, youre passing up some significant opportunities. Amsterdam/Brussels: Amsterdam University of Applied Sciences & Ecommerce Europe. In terms of growth, Eastern Europe shined in 2020 with a rate of 46 percent, while Western Europe's growth rate remained moderate at 4 percent. Retrieved from https://www.investopedia.com/terms/u/unbanked.asp, 21. Thats why you will have to spend a lot of money to attract visitors to your website through ads, for instance. For years now, bol.comis has allowed others to sell their things through their platform; over 20,000 online sellers are now active on bol.com. The report has an in-depth explanation of the industrys position in the global keyword market and a strategic study of industry participants. Source data shown as ':' refer to data that are unavailable, unreliable, confidential or not applicable. 2021 European E-commerce Report. Cross-Border Commerce Europe (2020). The global e-commerce market reached a value of US$ 13 Trillion in 2021. By contrast, 20% of small enterprises engaged in e-sales, generating only 8% of the turnover of such enterprises (Figure2). The Europe E-commerce Report explores: The report offers regional overviews of Europe before diving into the detail and analysing both established and emerging E-commerce markets, as well as fascinating insights country per country into payment preferences, product choices, internet penetration, and more. The Europe e-commerce automotive aftermarket market is expected to reach US$ 47,275.54 million by 2028 from US$ 16,656.61 million in 2022; it is estimated to grow at a CAGR of 19.0% from 2022 to 2028.
European E-Commerce Market Size, Analysis Report & Forecast to 2025 Lone, S., Harboul, N. & Weltevreden, J.W.J. Unprecedented growth all around.
Stock Market | Pittsburgh Post-Gazette Looking further into web sales, these can be carried out via own websites or apps or via e-commerce marketplaces available on external websites or apps.
The success of cross-border e-commerce in the Europe-Asia trade - Upply Europe E-commerce Market Size Is Booming Worldwide | KellySearch eCommerce forecast - global market comparison | ecommerceDB.com E-commerce in the European Union - statistics & facts | Statista and over 1Mio. With revenues of US$353.6 billion and US$356.4, respectively, Europe and the U.S. are very close together in terms of eCommerce market size. For 2020 the total revenue of the global e-commerce market is estimated to be2,000 trillion. Though many consumers shop on online marketplaces, several also visit popular online cross-border retailers. The UK and Germany are the largest markets accounting for 40-42 percent sales In mature markets, consumer shopping online has become high, 87 percent in the UK, 80 percent in Denmark, and 82 percent in Germany, respectively According to Cross-Border Commerce Europes 2020 figures, amongst 15 prominent European ecommerce markets*, 22% of total B2C turnover for 2020 was cross-border.5 6 This research, paired with figures from the 2021 European E-commerce Report, reveals that cross-border turnover accounted for 50%+ of total ecommerce turnover for Finland, Austria, Ireland, Norway, Switzerland, and Sweden. During the Primary Research, we conducted interviews with a number of important sources of supply and demand to gather qualitative and quantitative data relevant to the Keyword report. These markets meet a number of characteristics that show that the e-commerce market is developing strongly. Get ready for 2023: how top merchants maximise their payment performance in Europe. The "Europe E-Commerce Automotive Aftermarket Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Product Type and Consumer Type" report has been added to ResearchAndMarkets.com's offering.. Collectively, these six e-commerce companies accounted for 58 percent of the global e-commerce market.
Europe E-Commerce Market Research Reports & Analysis page 1 As a result of joining forces with EMOTA, Ecommerce Europe now represents, via its national associations, more than 150,000 companies selling goods and services online to consumers in Europe. In 2021, 148 000 of the 1.5 million enterprises in the EU were surveyed. The Global Market research offers a thorough analysis of market dynamics, covering current and future changes to reflect current consumer investment pockets. Enterprises in 'Wholesale and retail trade' realised slightly higher turnover from web sales (11%) than from EDI-type sales (10%) (Figure8). Europe e-commerce packaging market is segmented on the basis of countries into Germany, U.K., France, Turkey, Russia, Italy, Spain, Switzerland, Netherlands, Belgium and Rest of Europe. One of the reasons is the popularity of international marketplaces and the ease with which a seller can add new countries to the covered markets list. It can also be interesting to sell product through online marketplaces operating in Europe. 3. Statistics were obtained from enterprise surveys conducted by National Statistical Authorities in the first months of each year. Retrieved from www.similarweb.com, 12. Which European countries should you consider and what is their potential? The share of Chinese e-commerce companies is also . The two companies are the latest Chinese tech giants to look to crack the international e-commerce market domianted by Amazon . Amsterdam/Brussels: Amsterdam University of Applied Sciences & Ecommerce Europe. The 2022 forecast is436 trillion(Statista). Download our free white paper titled Growing Exponentially on Marketplaces, which includes input from entrepreneur Bas Urlings. Higher e-commerce penetration rates in the European market are here to grow. Online Platforms The European Commission aims to foster an environment where online platforms thrive, treat users fairly and take action to limit the spread of illegal content. Unreliable data are included in the calculation of European aggregates. New EU rules on e-commerce include actions related to ending unjustified cross-border barriers, facilitating cheaper cross-border parcel deliveries, protection of online customer rights and promoting cross border access to online content.