New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. Perhaps the largest hurdle for foreign e-retailers hoping to sell into Eastern Europe is the heavy reliance on cash-on-delivery as a payment method. Why limit yourself to the BeNeLux when there is so much potential beyond it? Our experts carry out challenging research projects for top companies and trade associations in the field of digital commerce and marketing analytics. Thats why you will have to spend a lot of money to attract visitors to your website through ads, for instance. Cross-Border E-commerce Shopper Survey 2020. Revenue in the eCommerce market is projected to reach US$642.90bn in 2022. Nowadays it's easier than ever to sell in foreign countries. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. Amazonis also active in many European countries. 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. Europe was the largest market globally for e-commerce after it overtook North America two years ago. If it isnt working out in the Netherlands, how can you expect to have better luck abroad? 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). Shopify (2021). Looking at Europe, we see that the estimated total revenue for e-commerce is 347 trillion in 2020. 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. Dawson, C. 01 February 2021. eBay top Cross-Border Sustainable Marketplaces in Europe. The top 10 countries purchasing from abroad (other EU & non-EU countries) saw an average -20% drop from 2019 to 2020, and the top 10 countries purchasing from the rest of the world (non-EU) saw an average -24% drop from 2019 to 2020.7 However, there was an average 14% increase in online shopping from sellers with an unknown country of origin amongst the leaders, which include the UK (+216%), Malta (+103%), and Cyprus (+7%).8 This increase in the UK figures could be due to their leaving the EU in January 2020. 15. International Post Corporation. https://reportocean.com/industry-verticals/sample-request?report_id=GMD1279, North America Healthcare Cybersecurity Market, Factory run by Taiwan's Foxconn placed under total lockdown in China's Zhengzhou, Chinese chipmakers reduce processor speeds to avoid US sanctions, 46 Chinese warplanes, 4 warships tracked around Taiwan, Former NBA star center Dwight Howard to play in Taiwan, New Taipei promotes five fun places near Christmasland venues, Taiwan hospital executives charged for letting 24,600 Chinese into Taiwan illegally, Dwight Howard's annual salary in Taiwan reportedly exceeds US$1 million, Woman pays for car wash by tossing money out of vehicle in central Taiwan, Russian drones targeting Ukraine contain 'Made in Taiwan' chips. In 2020, EU enterprises generated 20% of their total turnover from e-sales, consisting of orders via websites or apps (7% of the total turnover) or via EDI-type messages (13% of the total turnover) (Figure6). It aims to remove obstacles to cross-border online services. This puts European countries far behind their Asian counterparts. That will however require a significant investment. tp:research The research goes into detail about the major forces that are influencing the world marketdrivers, obstacles, and opportunities. The report has an in-depth explanation of the industrys position in the global keyword market and a strategic study of industry participants. However, last year it grew by 11 percent up to 543 billion euros. 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.. It can also be interesting to sell product through online marketplaces operating in Europe. These markets meet a number of characteristics that show that the e-commerce market is developing strongly. 1 The share of retail made up by ecommerce remains high in Western and Northern . By contrast, in 2020, the percentage of enterprises that used only EDI-type messages for their sales ranged from 8% of enterprises in Denmark and Sweden to 1% in Romania, Cyprus and Greece. Amsterdam/Brussels: Amsterdam University of Applied Sciences & Ecommerce Europe. Traffic Share by Country. Enterprises in 'Wholesale and retail trade' realised slightly higher turnover from web sales (11%) than from EDI-type sales (10%) (Figure8). 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. Double digit growth in large e-commerce markets like the UK, France and Germany have presided over a boom period for the digital landscape, and according to experts . But the population has split up into 50 different countries, and each country has its own culture, people and ecommerce market. 9. International Post Corporation. Considering the economic activity breakdown, as shown in Figure4, in 2020, almost all enterprises conducting e-sales in the 'Accommodation' sector received orders via websites or apps (99%), while 6% had e-sales via EDI-type messages. Credit cards appear to be the most popular payment method amongst consumers in Ireland, Italy, and Belgium, while bank transfer is preferred in Germany and the Netherlands. EU - eCommerce eCommerce Describes what a company needs to know to take advantage of e-commerce in the local market and covers prominent B2B websites. 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. In fact, the share of consumers in 2020 that primarily shopped at local businesses (online or in-store) to reduce their environmental impact was highest in France (44%), Germany (35%), Italy (28%), the UK (25%), and Spain (22%).17 Moreover, according to Duncan Graham of Irelands national ecommerce association Retail Excellence, the share of business done with Irish e-retailers increased 10% in 2020.18 Whether this is due to sustainability concerns or the pandemic slowing foreign purchasing due to supply chain issues is up for debate one thing is certain, local shopping saw a boost in 2020. Retrieved from https://cdn.shopify.com/static/future-of-commerce/Shopify%20Future%20of%20Commerce%202021.pdf. 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 . CEO | Bart, ooit programmeur, is een van de co-founders van EffectConnect. However, the choice of the countries you should start the expansion with . E-commerce has become a very significant source of traffic flow between Europe and Asia in both directions. Are you already selling online in the Netherlands or Belgium? 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. The regions with the highest turnover growth rates from 2019 to 2020 were Eastern Europe (36%), Central Europe (28%), and Southern Europe (24%). Or are you looking for a new platform? Sanne Leenders. Taiwan News 2022 All Rights Reserved. (2021). What was once the market measurement cost of the nutraceutical elements in 2030? Optimize your listing for the holidays on Amazon, Entertainment, communication and technology. 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 2022 forecast is436 trillion(Statista). With an unchanged share of 19 percent, Germany would thus take over the lead. Source data shown as ':' refer to data that are unavailable, unreliable, confidential or not applicable. Ecommerce across the European markets In 2020, Western Europe achieved the highest share of total European ecommerce turnover with 64 percent. This will enable you to easily reach millions of European consumers with your Dutch shopping website. 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. However, e-commerce orders in food via delivery and pick-up points is rapidly growing. 11. We are the best market research reports provider in the industry. Can collaboration help payments providers meet merchants payment expectations? 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. 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 . The share of enterprises conducting e-sales and the turnover generated from e-sales varied significantly depending on the size of the enterprises (Figure2). 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. This article was first published in our Cross-Border Payments and Ecommerce Report 20212022, which taps into the fast-growing cross-border market and provides a comprehensive overview of trends and developments that are pivotal in this space, being the ultimate source of information for ecommerce businesses interested in expanding globally. 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. (2021). What is the nutraceutical components market growth? When your online shop is linked to multiple marketplaces and a customer orders something from one of them, your stock levels are automatically updated for all other marketplaces as well. 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. For instance, as per the data provided by Emarsys and GoodData, revenue earned . In 2020, web sales accounted for 7% of the total turnover of the enterprises. On the other hand, the turnovers generated via marketplaces were the highest in Greece and in Lithuania (both 4%) (Figure10). The strategy is built on three pillars: (1) Technology that works for the people; (2) A fair and competitive digital economy; (3) An open, democratic and sustainable society. Based on internet density, e-commerce turnover and population numbers, six countries stand out where significant growth can be achieved. Jun 14, 2022 (Alliance News via COMTEX) -- United States - Report Ocean (150+ country's markets analyzed, function on 1,00000+ published and forthcoming. E-commerce enables enterprises to establish their presence in the market at national level and to extend their economic activities beyond borders. Do you want to grow exponentially by selling trough marketplaces? The medium to the long-term growth story of the B2C Ecommerce industry in Europe . Another advanced market, Germany, had its B2C E-Commerce market increased by more than 20% y-o-y in 2020. As the questions regarding the e-commerce sales in the survey refer to the previous calendar year, this article refers in particular to e-commerce sales carried out in 2020. A Europe fit for the digital age is a major priority of the European Commission. DUBLIN--(BUSINESS WIRE)--The Europe E-Commerce Automotive Aftermarket Market Forecast to 2028 -.. Press Releases One News Page: Wednesday, 9 November 2022 Ecommerce Europe is the sole voice of the European Digital Commerce sector. Cross-Border E-commerce Shopper Survey 2020. The two companies are the latest Chinese tech giants to look to crack the international e-commerce market domianted by Amazon . It is noticeable that, among the small enterprises making e-sales, 89% of enterprises had web sales, with only 19% of sales via EDI-type messages. By contrast, 20% of small enterprises engaged in e-sales, generating only 8% of the turnover of such enterprises (Figure2). The percentage gap between web and EDI-type sales was smallest for large enterprises (Figure5). Italy, Denmark, Norway, Poland, Czech Republic and Sweden. The regions with the highest turnover growth rates from 2019 to 2020 were Eastern Europe (36%), Central Europe (28%), and Southern Europe (24%). While the enterprises conducting e-sales in 2020 mostly sold via websites, rather than via EDI-type messages, in terms of the value of those electronic sales the tendency was the opposite, as the turnover generated from the EDI-type sales was greater than the one generated from web sales. Collectively, these six e-commerce companies accounted for 58 percent of the global e-commerce market. But if youre only selling in the Netherlands and Belgium, youre passing up some significant opportunities. Or have you been an online retailer for a while, but looking for tips? Terms and Conditions, Wednesday 23 March 2022 10:18 CET | Editor: Raluca Constantinescu |. The majority (56%) of EU enterprises having received orders via a website or via apps during 2020 reported no difficulties for their web sales to other EU Member States. Europe Automotive E-Commerce Market 2022 - Global Analysis, Trends, Forecast up to 2028 The highest shares of total turnover from e-sales were reported by enterprises in 'Accommodation' (38%), 'Manufacturing' (25%) followed by 'Wholesale and retail trade' (21%). Prinsengracht 777e Massive Growth of Pet Care E- Commerce Market by 2029 with Top Key Players - Amazon.com, Chewy.com, Petco Animal Supplies . The countries in Eastern Europe that registered the highest growth rates are Moldova (49%), Russia (41%), North Macedonia (37%), and Hungary (35%).1 The share of retail made up by ecommerce remains high in Western and Northern Europe, with leaders such as Denmark (17%), the UK (15.5%), Finland (8.6%), and Ireland (8.3%). In France you haveCdiscountandConforama. That e-commerce is a growing all over the world shouldnt be news to anyone. January 2019 December 2020. The main reason now is the Corona crisis forcing people to keep a safe distance to each other. 2021 European E-commerce Report. Retrieved from https://www.cbcommerce.eu, 5th Annual International Payment and Innovation Forum, Paris Fintech Forum 2022 - Digital Panels & Speed Meetings (Fall), For optimum operation, this website makes use of cookies. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in todays competitive environment. One cross-border consumer survey found that 82% agree with the sentiment I would like the packaging materials of my parcels to be recyclable, and 80% said they would Like the packaging materials of my parcels to be reusable.15 Although consumer surveys may not match consumer behaviours, the same survey found 68% are indeed willing to receive their package a few days later to reduce environmental impact.16. Europe B2B E-commerce market reached USD 901.1 billion in 2019 and will grow by 11.9% annually over 2020-2026 owing to the growing trend of shifting to digital transactions among enterprises. 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. Understand the impact of COVID-19, Brexit and incoming EU regulation on European e-commerce The full report includes: European market overview: a digital economy with scope for growth Detailed analysis of 34 countries across Europe, including the UK, France, Italy, Germany, Portugal & the Netherlands Detailed economic facts and insights Of the medium sized enterprises, 29% made e-sales generating 15% of total turnover in this size class. E-commerce refers here to the trading of goods or services over computer networks such as the internet by methods specifically designed for the purpose of receiving or placing orders. Digital skills and literacy are also on the rise in Europe, as internet users grew from 87% to 89% in 2020. Higher e-commerce penetration rates in the European market are here to grow. In the Netherlands and Belgium there is the well-known bol.com platform. Pinduoduo launched an e-commerce site in the U.S. called Temu. Its not just about the website; you dont have any brand name recognition abroad either, let alone visitors. Unreliable data are included in the calculation of European aggregates. 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. Privacy Policy In Germany, for instance, over 40%(!) 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). European Region B2B eCommerce Forecast to 2025 Manufacturers and services in the European region have seen steady online sales growth following European Retail eCommerce Consumer Forecast and trends, and total value of goods sold online in Europe reaching $1.8 trillion USD by 2025. Advertisement. In 2016, the biggest ecommerce markets in Europe were the United Kingdom, Germany and France, a trio that hasn't changed for quite some time, according to the Ecommerce Foundation. The total Dutch e-commerce market is expected to be 14.089 million in 2020 (Statista). For 2022 that estimate of the global e-commerce market grows to as much as 2,239 trillion. In South Korea (20.3 %) and China (15.2 %), the shares are much higher. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. Enterprises consider it important to be visible on the internet. User penetration will be 61.6% in 2022 and is expected to hit 71.1% by 2027. Ecommerce on the European continent grew 10% from 2019 to 2020, to EUR 757 billion, and is expected to grow 12% in 2021 to EUR 844 billion. 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. The European market grew by 16% to 363.1 billion in 2013 and is expected to bring. "Europe Cross-Border B2C E-Commerce Market 2021" summarizes the key trends and projections of Cross-Border B2C E-Commerce market following the COVID-19 pandemic in 2020. In the EU accommodation sector, almost all enterprises making e-sales in 2020 received orders via websites or apps. Its important to first be successful in the Netherlands before you take on the rest of Europe. For 2020 the total revenue of the global e-commerce market is estimated to be 2,000 trillion. "Europe Cross-Border B2C E-Commerce . europe e-commerce automotive aftermarket market forecast to 2028 - covid-19 impact and regional analysis - by product type [braking (brake pads, hydraulics and hardware, and rotor and drum), steering and suspension (ball joints, tie rods, sway bar links, bearings/seals, and others), hub assemblies, universal joints, gaskets, filters, spark plug, Europe E-commerce market was valued at $1,326.5 million in 2021 and will grow by 7.5% annually over 2021-2030, Download Free Sample of This Strategic Report: https://reportocean.com/industry-verticals/sample-request?report_id=GMD1279, The key benefits of purchasing theEurope E-commerce Market. In the eCommerce market, the number of users is expected to amount to 603.5m users by 2027. Eurostat. The percentage of enterprises receiving electronic orders only over websites or apps ranged from 32% in Lithuania to 9% in Luxembourg. Of the 1.5 million enterprises, approximately 83% were small enterprises (10-49 employees and self-employed persons), 14% medium (50-249) and 3% large (250 or more). 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 . Unprecedented growth all around.
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