europe e commerce market

The company successfully increased revenues by 4.8% to nearly $15.8 billion. The market research institute's forecast states that the UK's share of total European e-commerce sales is expected to fall from currently 21 percent to 18 percent by 2025. For 2022 that estimate of the global e-commerce market grows to as much as2,239 trillion. In South Korea (20.3 %) and China (15.2 %), the shares are much higher. As shown in Figure3, in 2020, 16% of EU enterprises conducted e-sales using only websites or apps, 3% used only EDI-type sales while another 3% used both channels of e-sales. Within the Digital Commerce Research Group, Sara works with international stakeholders to measure and analyse ecommerce in both developed and developing digital markets, generating insights for SMEs, trade and development organisations, and policymakers. Though many consumers shop on online marketplaces, several also visit popular online cross-border retailers. The SWOT analysis and Porters Five Forces model are expanded upon in the worldwide market study. 2021 European E-commerce Report. 2021 European E-commerce Report. Western Europe sees a good performance, despite market maturity. Finland (19%), Czechia (21%) and Denmark (24%) had the lowest percentages of web sales via marketplaces. DUBLIN--(BUSINESS WIRE)--The Europe E-Commerce Automotive Aftermarket Market Forecast to 2028 -.. Press Releases One News Page: Wednesday, 9 November 2022 According to RetailX, the value of European marketplaces were balancing between 120 and 150B in 2021, a significant growth compared to just 100B last year. Bol.com gives you a huge reach and will do all of the marketing for you! And in the global rank, by its value, Germany was estimated to be the sixth compared to . All monetary figures refer to the annual gross revenue and do not factor in shipping costs. The global e-commerce market reached a value of US$ 13 Trillion in 2021. Amsterdam/Brussels: Amsterdam University of Applied Sciences & Ecommerce Europe. "Europe Cross-Border B2C E-Commerce . What is the nutraceutical components market growth? Get in touch with us. The E-commerce Testing Service market has witnessed growth from USD million to USD million from 2017 to 2022. The EU's digital strategy aims to make this transformation work for people and businesses, while helping to achieve its target of a climate-neutral Europe by 2050. Looking at Europe, we see that the estimated total revenue for e-commerce is347 trillionin 2020. Among all EU Member States, the percentage of turnover from e-sales ranged from 4% in Cyprus to 38% in Ireland, followed by Czechia (30%), Belgium and Denmark (both 28%). Thats why you will have to spend a lot of money to attract visitors to your website through ads, for instance. Total ecommerce revenues in Europe were estimated at 396B (~$465B), with marketplaces accounting for half of this revenue. The Europe e-commerce automotive aftermarket market is expected to reach US$ 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 . A Europe fit for the digital age is a major priority of the European Commission. 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. 1017 JZ Amsterdam Collectively, these six e-commerce companies accounted for 58 percent of the global e-commerce market. Dawson, C. 01 February 2021. eBay top Cross-Border Sustainable Marketplaces in Europe. Traffic Share by Country. Or have you been an online retailer for a while, but looking for tips? What was once the market measurement cost of the nutraceutical elements in 2030? 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. The 10 Largest European E-Commerce Markets, e-commerce tips aimed at conversion optimisation and increasing your sales, e-commerce platforms, we look into the 10 largest e-commerce platforms. The e-Commerce Directive is the foundational legal framework for online services in the EU. The highest percentages of turnover realised through web sales via own website or apps were recorded in Ireland (15%) and Belgium (12%). For the current year, the Ecommerce Foundation predicts a trade growth of 13 percent to a total of 602 billion euros (about 696 billion US dollars). Almost half of enterprises in 'Manufacturing' making e-sales reported that they received orders via EDI-type messages (48%), followed by enterprises in the 'Transport and storage' sector (38%) and 'Electricity, gas, steam and air conditioning; water supply' (33%). Report Ocean is a one-stop solution for individuals, organizations, and industries that are looking for innovative market research reports. The report has an in-depth explanation of the industrys position in the global keyword market and a strategic study of industry participants. The B2C market in Europe is expected to grow by 14.96% on an annual basis to reach US$1,010.0 billion in 2022. In a previous blog post we wrote aboutthe advantages of selling through Amazon. The UK is estimated to lead the market during the forecast period. 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. Thats the reason why its so appealing for Dutch and Belgian businesses who are successful in their own countries to broaden their horizons to larger markets. 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. In 2020, web sales accounted for 7% of the total turnover of the enterprises. The surveys' reference period is the current situation of the survey period or for questions on e-commerce the preceding calendar year. 2022 Posted in Press Releases" Get Sample Report Buy Complete Report Pet Care E- Commerce Market research is an intelligence report with meticulous efforts to study the . Despite these figures, consumer survey responses show cross-border online shopping nosedived from 2019 to 2020 in most European countries. Moreover, as far as the turnover generated from web sales is concerned, EU enterprises realised 7% of their total turnover from web sales in 2020, where 6% was realised from web sales via own websites or apps and only 1% from sales via online marketplaces. This market report is an excellent fusion of qualitative and quantitative data emphasizing major industry changes, business and competitor difficulties in gap analysis, and potential new possibilities in theEurope E-commerce Market. Europe Revenue in the eCommerce market is projected to reach US$827.90bn in 2022. 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. Yes, the European e-commerce market is a trillion-euro market of potential customers, but how will I reach them? 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. The medium to the long-term growth story of the B2C Ecommerce industry in. 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. In the survey on 'ICT usage and e-commerce in enterprises', the respondents were asked to indicate if they had web sales of goods or services via the enterprise's own website or apps or via an e-commerce marketplace website or apps. 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. Retrieved from https://www.cbcommerce.eu, *Belgium, France, Germany, Ireland, Netherlands, United Kingdom, Denmark, Finland, Norway, Sweden, Austria, Switzerland, Italy, Portugal, and Spain. As Figure9 shows, in 2020, 87% of EU enterprises with web sales used their own websites or apps, and 45% used an e-commerce marketplace. In 2020, almost all EU enterprises with web sales (19%) reported that they sold to customers in their own country, while only 8% of enterprises made web sales to other EU countries. LONDON, Nov. 4, 2022 /PRNewswire/ -- Recent study report released by Data Bridge Market research with titled "E-Commerce Packaging Market" (covering USA, Europe, China, Japan, India, South East . (2021). If an order comes in through a marketplace, lets say Amazon, it will be forwarded to your own online shop and Amazon gets the track&trace code in return. Lone, S., Harboul, N. & Weltevreden, J.W.J. Can collaboration help payments providers meet merchants payment expectations? While digital communication, B2B sales, and retail have witnessed altering patterns due to technological innovation, the automobile industry is . But if youre only selling in the Netherlands and Belgium, youre passing up some significant opportunities. With the CAGR of, this market is estimated to reach USD million in 2029. Amsterdam/Brussels: Amsterdam University of Applied Sciences & Ecommerce Europe. This definition encompasses purchases via desktop computers (including notebooks and laptops) as well as purchases via mobile devices (e.g., smartphones and tablets). The share of Chinese e-commerce companies is also . Sustainable marketplaces have also proved important in the ecommerce landscape and have been ranked with weighted KPIs such as sustainability objectives, sustainable business model, sustainable shopping experience, sustainability certification and labels, and sustainable last-mile delivery and transport carriers.13 Some of these leaders include eBay, Redbubble, Etsy, Threadless, Bol, Leboncoin, and Rakuten.14. Internet access is almost universal in Western Europe. 19. The percentage of enterprises receiving electronic orders only over websites or apps ranged from 32% in Lithuania to 9% in Luxembourg. Cookie Statement 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 . Europe E-Commerce Logistics Market was valued at around USD 77 billion in 2021. With a projected market volume of US$1,115.00bn in 2022, most revenue is generated in China. Its important to first be successful in the Netherlands before you take on the rest of Europe. E-sales record a slight increase over recent years, Share of turnover greater from EDI-type sales than web sales, Web sales predominantly carried out via own website or apps, Turnover from web sales mainly generated by sales via own websites or apps, Turnover from web sales mainly from other enterprises and public authorities, Cross-border web sales within the EU not fully exploited by enterprises, Transport charges main impediment to cross-border web sales within the EU, survey on 'ICT usage and e-commerce in enterprises', E-commerce statistics - graphs and tables, Cloud computing - statistics on the use by enterprises, ICT specialists - statistics on hard-to-fill vacancies in enterprises, Social media - statistics on the use by enterprises, Digital economy and society statistics - enterprises, Recent Eurostat publications on Digital economy and society, Regulation (EU) 2019/2152 of the European Parliament and of the Council of 27 November 2019 on European business statistics, Regulation (EC) No 808/2004 of the European Parliament and of the Council of 21 April 2004 concerning Community statistics on the information society, Regulation (EC) No 960/2008 of 30 September 2008 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EC) No 1023/2009 of 29 October 2009 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EU) No 821/2010 of 17 September 2010 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EU) No 937/2011 of 21 September 2011 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EU) No 1083/2012 of 19 November 2012 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EU) No 859/2013 of 5 September 2013 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EU) No 1196/2014 of 30 October 2014 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EU) 2015/2003 of 10 November 2015 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EU) 2016/2015 of 17 November 2016 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EU) 2017/1515 of 31 August 2017 implementing Regulation (EC) No 808/2004 concerning Community statistics on the information society, Regulation (EU) 2018/1798 of 21 November 2018 implementing Regulation (EC) No 808/2004 of the European Parliament and of the Council concerning Community statistics on the information society for the reference year 2019, Regulation (EU) 2019/1910 of 7 November 2019 implementing Regulation (EC) No 808/2004 of the European Parliament and of the Council concerning Community statistics on the information society for reference year 2020, Regulation (EU) 2020/1030 of 15 July 2020 laying down the technical specifications of data requirements for the topic ICT usage and e-commerce for the reference year 2021, pursuant to Regulation (EU) 2019/2152 of the European Parliament and of the Council, Regulation (EU) 2021/1190 of 15 July 2021 laying down the technical specifications of data requirements for the topic ICT usage and e-commerce for the reference year 2022 pursuant to Regulation (EU) 2019/2152 of the European Parliament and of the Council, Regulation (EC) No 696/1993 of 15 March 1993 on the statistical units for the observation and analysis of the production system in the Community, https://ec.europa.eu/eurostat/statistics-explained/index.php?title=E-commerce_statistics&oldid=570392, Digital economy and society - enterprises.

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