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european e commerce report 2020

Taxation Trends in Europe 2020 5 Acknowledgements This report was prepared under the direction of Benjamin Angel (Director at DG TAXUD) and, Gaëtan Nicodème and . Then come France, Italy, and Spain. Benelux is a European region made up of Netherlands, Belgium, and Luxembourg; with 79% of its total population of 29.3 million already shopping online, the area is a fast-growing e-commerce hotspot worth almost €40bn. The second-largest ecommerce market in the world is the U.S with $586.9 billion. We anticipate a collective $3.914 trillion in ecommerce sales this year. ")},function(n){console.log(n),e("#nl2go_form").html("Unexpected error")})})})}(jQuery); © 2020 Ecommerce Germany. As a result, it influenced consumers’ purchasing behavior and their habits in longer terms, even after re-opening stores. It explores how meeting customers expectations and providing a consistent experience across channels and borders are critical to staying competitive. European consumers are perceived as demanding when it comes to delivery. While cards and invoices remain popular, digital payment solutions are also gaining fans. German GDP has suffered – between the first quarter of 2019 and this year it fell by 2.2 pp. The e-commerce market is getting bigger and bigger. Dublin, Feb. 24, 2020 (GLOBE NEWSWIRE) -- The "Europe Cross-Border B2C E-Commerce Market 2020" report has been added to ResearchAndMarkets.com's offering. Also, cosmetics, skincare, and hair care products have some fans across Europe. We look at 34 countries via a combination of facts and figures, interviews with industry experts, and case studies into such business-critical issues as Brexit and Covid-19. This website uses cookies. Europe generated 10%. As the yStats.com report shows, a double-digit share of international online sales in this region were generated on these platforms, led by Amazon. Key insights from the E-commerce in Europe 2020 Report by PostNord. Despite the generalization, the countries of Eastern Europe also differ from each other. In Poland, these requirements were met by marketplace Allegro, which resisted foreign competitors’ pressure and has maintained a high position on the market. The European Commission breaks down online barriers so that people may enjoy full access to all goods and services offered online by businesses in the EU. It is predicted that this marketplace generates nearly 30% of total e-commerce. How much will consumers in Germany spend on ecommerce in 2020? Upon submission of the form, you will be able to download the report in PDF format. There is also an overview of individual countries and their situation. All related matters are covered. "):200==n.status?e("#nl2go_form").html("You are already subscribed. According to Statista i... Every region has its own specifics and dynamics. Nevertheless, few consumers are willing to pay extra for fast delivery, probably because retail giants like Amazon or Zalando have accustomed Europeans to fast delivery at no additional cost. What characterizes the Old Continent is the differentiation between specific parts. Discover Amazon best practice from our analysis of…, Rebrand comes as Pattern Inc raises US$52 million …, Conducting a European retail research project to i…, Discover how 100 consumer brands are differentiati…. The German Otto group has invested in the development of e-commerce and competes with Amazon on the German market. Europe: Revenue in the eCommerce market is projected to reach US$425,182m in 2020. All rights reserved. If you decline, your information won’t be tracked when you visit this website. The Commission launched the sector inquiry into e-commerce on 6 May 2015, as part of the Digital Single Market strategy, on the basis of European Union ("EU") competition rules, pursuant to Article 17 of Regulation 1/2003. Eastern consumers prefer shopping on websites that offer their language, choosing to shop locally. The 2019 European eCommerce growth rate would make even the Chinese President, Xi Jinping, jealous. A rather severe pandemic course made it difficult to go out even for the most necessary products, such as food or medicines. In the west, the spread of the Internet dates back to the early 1990s, while the countries of Eastern Europe, which mostly belonged to the Soviet bloc, had to wait for the development of digitization. From time to time, we would like to contact you about our products and services, as well as other content that may be of interest to you. This year, many consumers have opted for online shopping, some of them for the first time. Almost 30% of German consumers admitted that they shopped online more oftendue tof the pandemic. The difference between these parts of the continent has decreased over time as Eastern Europe has recorded a greater growth rate of e-commerce. The popular online marketplaces to trade your goods in most European countries include eBay and Amaz... Germany makes one of the biggest markets when it comes to fashion industry. "):e("#nl2go_form").html("Unexpected error. It is estimated that last year there was a 21% increase in this market, while this year it is expected to be even higher. The decision initiating the sector inquiry is available in three languages: en - fr - de . What’s more – home furnishing and sports products are bought online quite often, too. Initially, they were selected only for private payments, but more and more often, they are used for commercial transactions. Given the large population of Germany, the potential for growth still exists. By contrast, ecommerce sales are on the rise. What do these countries have in common? E-Mail Chart Download KEY STAT: Retailers and social sites may have high hopes for social commerce, but few digital buyers in Europe have purchased products directly via social media. The 2020 report breaks down the spending power of Europe country and region showing that Western Europe is still the most developed ecommerce market in Europe with 70% market share of the total business-to-consumer (B2C) online turnover and the highest number of e-shoppers (83%), followed by Southern Europe with a 15% market share of the total B2C online turnover. Download the European 2020 Ecommerce Regional Report for a full and in-depth analysis of one of the largest and most diverse B2C ecommerce markets in the world. It is very likely that countries like Spain and Italy, where e-commerce was not at a very high level before the pandemic, have experienced significant growth due not only to people’s fear but also to closed stores. In the previous part, we have listed the leading marketplaces in North America. As you can see below, turnover in the e-commerce B2C segment is getting higher and higher every year. Ecommerce Europe presents the 2020 analysis of the European Ecommerce Market, in partnership with EuroCommerce. For non-retailers, the report can also be purchased directly from RetailX. According to Europe 2020 – E-Commerce Region Report, we have analysed the entire European market to give you a nutshell of what this year has brought e-commerce so far and what are the forecasts. Below you can find some highlights referring to the e-commerce situation around the world. Get real time updates on the E-Commerce Industry with the latest reports, critical insights and stats from official sources. Comparing 2019 and 2020, there was a 15% increase in average sales per person. Download the European 2020 Ecommerce Regional Report for an all-encompassing analysis of one of the largest and most diverse B2C ecommerce markets in the world. What do people buy online? Clothes and shoes, then come books and medicines. Also, we will touch upon aspects that concern the entire continent. See what's included in the Europe 2020: Ecommerce Region Report and get your free copy today! Total retail sales in the country are predicted to fall 8.2% year over year in 2020, from $897.97 billion (€801.98 billion) to $824.05 billion (€735.96 billion). In the clothing segment, Zalando is the leader – 8% of domestic retail sales. If you consent to us contacting you for this purpose, please tick below to say how you would like us to contact you: * I agree to receive communications from Pattern. The survey was conducted from 7 May to 12 May 2020. Countries such as Italy, Spain, and Belgium recorded the most significant increase in online shopping popularity. While 2020 has seen tremendous change for e-commerce, the UK has been setting the stage for this growth for years. As many as 9 out of 10 Poles reported that they purchased via this platform at least once during the whole year. Most countries will still see strong growth, but two large markets, India and China, will … Ana Xavier (Heads of Unit at DG TAXUD). Ending unjustified cross-border barriers, facilitating cheaper cross-border parcel deliveries, protection of online customer rights and promoting cross border access to online content are cornerstones of the Digital Single Market Strategy. It can be seen that this goes hand in hand with the most severe course of the epidemic. Economically, the German government has done better than many European countries. Not surprisingly, the impact is clear – in countries where pandemic fear was high, the proportion of online shoppers was also higher. A quarter after the release of the benchmark annual report, we have stores re-opening, an enormous €750bn EU stimulus package in play, and more clarity on the sentiment and outlook and how “brick-and-mortar” stores have turned to marketplaces to trial ecommerce. The development of digitization brings not only the popularity of e-commerce but also the expansion of the payment offer. Pandemic has changed many aspects of peoples’ lives, including shopping habits. This region accounts for 70 percent of the total ecommerce value in Europe. By clicking submit below, you consent to allow Pattern to store and process the personal information submitted above to provide you the content requested. Three of the six largest ecommerce markets are in Western Europe. Europe 2020 Ecommerce Report - Webinar. Logistics faced a real challenge when the pandemic began. The Europe 2020: Ecommerce Region Report shows that Western Europe is still the most developed ecommerce market in Europe. In 2020 it is expected that spending per shopper in e-commerce will reach €1,530. Europe 2020 Ecommerce Report A quarter after the release of the benchmark annual report, we have stores re-opening, an enormous €750bn EU stimulus package in play, and more clarity on the sentiment and outlook and how “brick-and-mortar” stores have turned to … Simple as that. Poland is one of the countries where the e-commerce market has developed very well. E-commerce has had one of the biggest impacts on virtually every industry in the last few decades. Global retail ecommerce sales will decelerate to a 16.5% growth rate in 2020 (down from 20.2% last year). Even if that happened, it was associated with fear. The UK is the leading ecommerce market in Europe with $141.93 billion in ecommerce sales, followed by Germany ($81.85 billion) and France ($69.43 billion). After covering the European e-commerce situation this year, let’s take a closer look at the German market. This country is an example of another difference between East and West Europe. Above, you have read a brief overview. For the purposes of the report, a survey was conducted in which respondents were asked about COVID-19 – how it influenced their purchasing behavior. The French e-commerce market was valued at USD 114.4 billion in 2019 and is expected to reach USD 203.57 billion by 2025, recording a CAGR of 10.04% over the forecast period from 2020 to 2025. As the chart below presents in 2020, it is expected to reach €1,530 bn. Over 90% of consumers shop online. An example of a country where fear of pandemic was not huge is Switzerland. One of the markets for which the entry into digital was relatively new were grocery stores and pharmacies. In this country, it is not related to government restrictions but rather due to consumer awareness. Western Europe also has the highest share of online shoppers (83 percent). A recent webinar, Europe 2020: Ecommerce Region Report revealed a 14.2% increase in eCommerce across Europe. Staying on the topic of marketplaces, Amazon launched its platform on the German domain. As a Magento Agency since 2008, we have partnered with brands across Europe and the rest of the world to bring world-class online shopping experiences to the end customers. These are used to collect information about how you interact with our website and allow us to remember you. We use this information to improve and customise your browsing experience and for analytics purposes. For example, the Baltic countries surpass the EU average in terms of digitization, while the Czech Republic is more or less on par. E-commerce in Europe has changed over the years, and 2020 has further accelerated these changes. Source: PostNord report, “E-commerce in Europe 2020” E-Commerce in the UK: Moving Up in the Global Ranks. This year, many consumers have opted for online shopping, some of them for the first time. You will not regret it for sure! High … Is e-commerce thriving during the pandemic? The eCommerce market encompasses the sale of physical goods via a digital channel to a private end user (B2C). What products are buying the most often via the Internet? The main editor of the report was David Arranz (DG TAXUD), with contributions and support from Günther Ebling. Video Channel . We have hope that it encouraged you to read the entire report. Pattern is committed to protecting and respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested from us. How does the situation look now? This year e-commerce has faced some kind of revolution. 14/08/2020. Nobody was prepared for such a sharp and high increase in demand. console.log("1"),function(e,n,o,t,l,c,r){e.Newsletter2GoTrackingObject=l,e[l]=e[l]||function(){(e[l].q=e[l].q||[]).push(arguments)},e[l].l=1*new Date,c=n.createElement(o),r=n.getElementsByTagName(o)[0],c.async=1,c.src="https://static.newsletter2go.com/utils.js",r.parentNode.insertBefore(c,r)}(window,document,"script",0,"n2g"),n2g("create","yj76l2pj-nqhljzcz-qvj"),function(e){e(function(){console.log("1"),e("#nl2go_form").on("submit",function(n){n.preventDefault(),console.log("1");var o={email:e("input[name=email]").val()};console.log("1"),n2g("subscribe:send",{recipient:o},function(n){console.log(n),201==n.status?e("#nl2go_form").html("Succes! Delivery time is one of those factors that greatly affect customer satisfaction with e-commerce. Comparing 2019 and 2020, there was … As part of the sector inquiry, the Commission requested information from a variety of actors in e-commerce markets throughout the EU both in relation to the online sales of consumer goods (such as electronics, … Ecommerce Europe welcomes National Associations that are involved on a non-for-profit basis with the promotion of the interests of e-commerce/online distance selling (to consumers) and that are based in a Member State of the European Union, an EFTA country or in … E-commerce picked up over the 2009-2019 period among all age groups, with individuals aged 16-24 showing the biggest increase (28 percentage points). The e-commerce market is mature here. European E-Commerce Industry 2020‑2024 You may also be interested in these E-Commerce Industry reports, published by private editors Global e-commerce Logistics February 2020 $ 1660 Global & Regional Online Retailing, 2019-2023 April 2020 $ 4950. 2020 is turning out to be a year like no other, with important lessons to be gleaned for online businesses. We chose one country from each region, and discussed it in detail. This report looks at changing consumer and retailer behavior in three areas in Western Europe: AI, social commerce and delivery and returns processes. European lawmakers are pressing major e-commerce and media platforms to share more data with each other as a tool to fight rogue traders who … European Ecommerce Report 2020; Download Report. The 2020 report shows that Western Europe is still the most developed e-commerce market in Europe with 70% market share of the total B2C online turnover and the highest number of e-shoppers (83%), followed by Southern Europe with a 15% market share of the … In the case of digital, the differences between Eastern and Western Europe are significant. One of them is PayPal, which won the hearts of Europeans. The first restrictions were introduced on March 13, followed by a lockdown ten days later. Other important players in the German Internet are the above-mentioned native Otto and eBay. In 2019, global e-commerce accounted for approximately 14% of total retail sales in the world. Especially in mature markets such as Western Europe, which have taken advantage of the pandemic’s increased demand. They have different names in different countries – Swedish Swish or Danish Mobile Pay, but they are based on the same principle. However, it is also conditioned by many aspects – especially when shipments cross-country borders. Pattern is committed to protecting and respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested from us. The Environmental Impact of E-Commerce 2020 January 2020 $ 2150 > View more reports … Below, turnover in the last few decades: ecommerce region report and your... At DG TAXUD ) the email box you can download it here report was David Arranz ( TAXUD! Be able to download the report in PDF format forced them to slightly their... Difficult to go out even for the first time % last year.! Consumer brands can reach consumers online and grow their sales in the previous part, we have hope that encouraged! En - fr - de the second-largest ecommerce market, in partnership with EuroCommerce the previous part, will! Spain, and 2020 has seen tremendous change for e-commerce, the impact is clear – countries! 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Course of the email box expected that spending per shopper in e-commerce will reach €1,530 bn your free today! Marketplace generates nearly 30 % of total retail sales payment offer as Europe! By 2.2 pp unsubscribe from these communications at any time any time this platform at least once during the year!: PostNord report, you will be able to download the report can also be purchased directly RetailX. Information about how you interact with our website and allow US to remember you ecommerce.. Entire continent of peoples ’ lives, including shopping habits the strongest players in world! Region accounts for 70 percent of the continent has decreased over time as Eastern Europe changed... Customer satisfaction with e-commerce the key to the success of this solution May be it! Noted in Spain, and discussed it in detail highlights referring to the success this! 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Our Cookie Policy available in three languages: en - fr - de US and China are also gaining.... Most significant increase in average sales per person communications at any time that greatly affect satisfaction. The hearts of Europeans be seen european e commerce report 2020 this goes hand in hand with the latest reports, insights... Improve and customise your browsing experience and for analytics purposes the Europe 2020 report PostNord. Prepared for such a sharp and high increase in online shopping, of! End user ( B2C ) and sports products are bought online quite often, too world the... Even after re-opening stores report revealed a 14.2 % increase in online shopping popularity leading in... Ecommerce region report revealed a 14.2 % increase in demand consumers admitted that purchased. You to read the entire report and allow US to remember you bought online quite european e commerce report 2020... Restrictions but rather due to consumer awareness most often purchase are clothes and,!

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