European ecommerce grows 13 percent. Ecommerce in Europe is expected to be worth 717 billion euros at the end of 2020. Total online spending in May hit $82.5 billion, up 77% year-over-year. Source: Amazon These expansions come at a time when European e-commerce is showing strong growth. Nearly nine in 10 (87%) of Europe’s 578 million inhabitants access the internet. As we approach a new year, we’re here to give you an exclusive sneak peek of the eCommerce growth trends in 2020 and beyond. E-commerce is a “gift from heaven” for the air cargo sector but it faces several challenges if the industry is to capitalise on the opportunity it presents, according to speakers at the World Cargo Symposium. Come and connect with us, Keep up with the latest news & improvements, Addons E-commerce enables enterprises to establish their presence in the market at national level and also to extend their economic activities beyond borders in order to pursue opportunities elsewhere. While e- commerce growth rates hit 18.4% in 2014 and 18.6% in 2015, growth is not expected to cease in the coming years with Retail Research predicting 16.7% growth in 2016 and 15.7% in 2017³. If you are a business owner in the tourism industry, you should keep the legal aspects of e-commerce in mind when deciding to sell your services or products online (such as allowing online bookings, for example).In this situation, you are required to follow European legislation on e-commerce regulations. In 2019, Europe's GDP is around 20 trillion. The European Ecommerce Report 2019 provides an extensive description of the state of ecommerce in Europe. Western Europe, which includes Germany, Belgium, France, Ireland, Luxembourg, the Netherlands and the United Kingdom accounts for 66% of the market. It’s predicted to rise 12.72% to hit €717 billion in 2020 but the reality is that COVID-19, which has pushed offline spend online as well as encouraging new consumers, will mean those are figures likely to rise significantly over the coming months. The European E-commerce Report 2019 explores the latest e-commerce facts, trends and figures of … The main challenges to be overcome, as confirmed by the survey, were consumer confidence in the logistical aspects, namely order tracking, delivery and managing returns, in addition to secure payments. Brazil: growth rate of e-commerce revenue 2011-2019 Value of online retail sales in selected European countries from 2016 to 2020 ACSI - U.S. customer satisfaction with online retail as of 2019 New product launches, revenue growth and customer acquisition top the list of marketplace business objectives by 2010 and beyond. A recent report by Google and Temasek forecasts that e-commerce in Southeast Asia will grow US$72 billion in sales in 2018 to US$240 billion by 2025. However, the main barriers to online purchasing are still the issues of payment and logistics, particularly in Portugal, Turkey, Hungary and Spain. Vous pouvez nous contacter via ce formulaire. Dublin, Feb. 24, 2020 (GLOBE NEWSWIRE) -- The "Europe Cross-Border B2C E-Commerce Market 2020" report has been added to ResearchAndMarkets.com's offering.. High growth … Fastest growth is now food, consumer electronics and DIY. GDP growth in Europe has also stalled on several fronts, and even a hot US consumer economy appears to have its best days in the rearview mirror. In France, the growth in online sales should be around 17%, with total sales of more than 104 billion euros. After a slight slowdown in 2018, growth in European e-commerce is estimated at 13.6% this year for sales of 621 billion euros. Of this, B2C e-commerce accounted for 4.78% in 2019. The findings of the 2019 European E-commerce Report published in late August were very positive, with growth in online sales of more than 13% and estimated total sales of 621 billion euros. Growth in European e-commerce sales reached €636 billion in 2019, up by 14.2% from the previous year. Although the European market offers a potential of more than 500 million customers, the survey reveals a wide disparity between the different regions in terms of behavior and economic situations. The portion accounted for by e-GDP is respectively 4.11% and 3.58%. The findings of the 2019 European E-commerce Report published in late August were very positive, with growth in online sales of more than 13% and estimated total sales of 621 billion euros. We have curated the following list of the hottest 10 international growth trends to spark new ideas, overcome the hurdles, and get you ready to win and maintain a successful eCommerce business for the years to come. Please find below the top 15 E-Commerce retailers in Europe from our E-commerce top 100 list, ranked by their online turnover (sales) generated in 2019. As a result of joining forces with EMOTA, Ecommerce Europe now represents, via its 25 national associations, more than 100,000 companies selling goods and services online to consumers in Europe. Average European vacancy rates in the logistics sector increased from 5.1% to 5.8% during H1 2020 however this remains low by historical standards, and well below the 12% equilibrium for rental growth, as observed in the UK. E-commerce Market E-commerce is a strongly growing domain showing no signs of decline. … E-commerce growth and maturity in Europe at a glance E-commerce is growing at a rapid pace in Europe and this growth is expected to continue for years to come. If this comes true, ecommerce in Europe continues to grow at over 13 percent. These differences represent significant opportunities for online vendors, who can develop interfaces adapted to each target country with access to all of the payment methods commonly used in Europe and the local delivery services. “We are very proud of the resilience our sector has shown these last months and are delighted to see that the e-commerce industry has been successfully contributing to keeping the Single Market open,” says Luca Cassetti, Secretary General of Ecommerce Europe. The full impact of the COVID-19 pandemic on the sector will, however, only show next year. The more the local markets in Europe turn towards globalizing themselves or may be just developing ecommerce website , the more economical development will be seen across the continent. The market is segmented by type of Business (B2B, B2C), Product type, and by Geography. 4 | Enterprise Europe Network E-commerce guide een.ec.europa.eu The e-commerce Market in the European Union 1. Meanwhile, those countries whose e-commerce landscape is still maturing offer potential for businesses willing to take greater risks to get ahead in less established but faster-growing markets. If one was to look at Europe, contrary to the common assumption, central and eastern Europe have seen a great growth in the industry and continue to dominate the European economy. Given the increasing cross-border nature of e-commerce, European businesses have struggled to implement new solutions across the Union due to regulatory fragmentation and diverging national approaches towards the crisis. Total European ecommerce turnover increased by 15% to €530 billion in 2016, although prognoses initially had placed that figure below €510 billion. The study also reveals that over 65s are now the 2nd largest segment of online shoppers, accounting for 17.08%, behind the 25-54-year-olds (42.23%) and ahead of the 55-64-year-olds (12.92%). For 2017, the European B2C e-commerce turnover is forecasted to reach around €602 billion, at a growth rate of nearly 14%. Start selling and grow quickly with our e-commerce platform, Find the trusted agency to create & scale your business, Merchants The COVID pandemic has shifted e-commerce in 2020, maybe more than any other time in history. France is one of the major consumer markets in Europe, and it is also an essential market for e-commerce. To meet the challenges and take hold of the opportunities, we’ve organized comprehensive data into 11 international trends. It is expected to witness a surge in demand, owing to the rising disposable income, global per … The e-commerce report shows that e-commerce is continuing to thrive in all European Union countries. Leveraging 15 years of data across 43 markets, our award-winning resources and expertise provide impartial, up to date analysis on the issues shaping the future of payments. Find out more about our partner community, or join them to increase your notoriety, About us Europe’s population has plenty of money to spend, with Europe’s overall GDP totalling more than €13 trillion in 2019. 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