Despite the advancing maturity of … Figure 2: E-sales and turnover from e-sales, by size class, EU-28, 2018 (% enterprises, % total turnover)Source: Eurostat(isoc_ci_eu_en2) During 2018, 43 % of large enterprises conducted e-sales, corresponding to an e-sales value of 25 % of total Click To Tweet Germany is the fifth-largest ecommerce m… The Europe 2020: E-commerce Region Report shows that Western Europe still remains the most developed e-commerce market in Europe. LONDON-- (BUSINESS WIRE)--Technavio has been monitoring the pharma e-commerce market in Europe and it is poised to grow by USD 10.69 bn during 2020-2024, progressing at … Altogether, the top three stores account for 20% of online revenue in in Brazil. It is followed by americanas.com.br with US$790 million revenue and casasbahia.com.br with US$606 million revenue. The Europe 500, a ranking of the largest online retailers in the region based on 2019 web sales, collectively sold $218.69 billion online last year, up 16.9% from $187.12 billion in 2018. This blog by PipeCandy is focused on estimating the B2C eCommerce market size in Germany. The total worth of e-commerce in Europe is expected to reach 717 billion euros at the end of 2020. The totalprojected revenue for 2019 is 57.8 billion euros. The survey suggests that the purchasing behavior of 59% of European consumers has changed permanently since the corona crisis. Here’s some key data of the top European ecommerce retailers. The mobile share of retail ecommerce sales in France amounts to 28%, which is relatively low compared to the leader, i.e. And then there’s this list of top 10 online stores in Europe, which features Amazon (on 7th place) as the only non-European player in that list. Total projected revenue for 2019 is 104 billion euros. Median web growth of the Europe 500 was 15.0%. On the other hand, in Romania and Bulgaria, the e-commerce market increased in both countries by 30% last year. It is viewed by many as one of the primary drivers of the digital European economy. The biggest player in the Brazilian eCommerce Market is magazineluiza.com.br.The store had a revenue of US$2 billion in 2019. You can read more about online consumer behavior in Europe on our dedicated page. The 500 largest online retailers in Europe grew 16.9% online in 2019. The prediction comes from the latest Ecommerce Foundation report on ecommerce in Europe. But which payment methods are most popular? The e-commerce market in Eastern Europe is still young and the e-commerce volume generated is low compared to Western Europe. At the same time in Spain, the development of the e-commerce market reached an increase of 29%. She is responsible for driving thought leadership, using data analytics to showcase the company’s products and services, and fostering knowledge sharing between CEOWORLD magazine and client organizations. Within mature ecommerce markets, the proportion of consumers shopping online is genuinely high: 87% in the UK, 84% in Denmark, and 82% in Germany for 2016. Technavio has been monitoring the pharma e-commerce market in Europe and it is poised to grow by USD 10.69 bn during 2020-2024, progressing at a CAGR of … Ein E-Commerce Manager ist verantwortlich für denAuftritt eines Unternehmens in der digitalen Welt. Europe includes some of the most mature ecommerce markets in the world, such as the United Kingdom and France, but also up-and-coming markets such as Serbia, Croatia and North Macedonia. the Polish Allegro is the fourth largest online marketplace in Europe. In addition, this region also has the highest share of online shoppers (83%). Apart from the matured markets, such as the United Kingdom, Germany, France, and Denmark, there exists high growth potential in many other markets spread over the region. In a bid to help players strengthen their market foothold, this pharma e-commerce market in Europe forecast report provides a detailed analysis of the leading market vendors. The French ecommerce market is the third-largest in Europe. Was macht ein E-Commerce Manager? Ecommerce continues to evolve rapidly in Western Europe, as shoppers and retailers become more sophisticated. Together, they contribute more than two-thirds of Europe’s eCommerce turnover. World’s Best Countries For Health Care Systems. the UK (52%). This is a disruptive change, and will lead to the emergence of a whole range of new business models. Vietnam’s e-commerce market trends: Confident growth predicted for youthful nation . KS-Europe erstellt Ihnen ein flexibles und individuelles Angebot. Germans like to pay with invoice, while French consumers use debit card Carte-Blue, MasterCard, American Express and PayPal. As the Centre for Retail Research has found out, apart from the UK and Germany, market shares are comparatively low in many European countries. While the growth rates in Central and Northern Europe are moderate, the boom in Eastern Europe is only just beginning – with a promising outlook for cross-border e-commerce. Let’s have a look at ecommerce in Europe. Among the developments worth watching are the use of AI to influence digital shoppers, the gradual progress of social commerce and new approaches to delivery and returns. The total projected revenue for 2019 is 57.8 billion euros. Western Europe is still the most developed ecommerce market in Europe and has the highest share of online shoppers. At the level of countries, Cyprus has the highest growth rate of e-buyers, by 20% in 2019. B2C ecommerce turnover was €534 billion for 2017, this figure is expected to grow to €602 billion in 2018. Experts estimate that by 2022 the European market volume will be worth as much as $481 billion. This is a lot considering the fact that in Europe there are 50 different countries, more than 200 languages spoken and 28+ currencies used. In 2016, the average online share of the European countries surveyed was 8 percent, while it’s expected to reach 8.8 percent in 2017. November 3, 2020Dutch ecommerce association Thuiswinkel.org has launched Shopping Secure, a trustmark for cross-border ecommerce companies. Also, the region, which includes, in addition to Greece, Cyprus, Italy, Malta, Portugal and Spain, saw in 2019 the second highest growth rate of e-commerce turnover after Eastern Europe. She studied Public Administration (Economics Of The Public Sector) in Greece and holds a Bachelor’s in Public Administration from the Panteion University of Political & Social Studies. Debit cards account for 35 percent of all online transactions, while PayPal is the country’s third most used online payment method. Ecommerce continues to evolve rapidly in Western Europe, as shoppers and retailers become more sophisticated. With this rise of online shoppers, it is no surprise that e-commerce turnover is also increasing. The second-largest ecommerce market in the world is the U.S with $586.9 billion. France is a key member of the European Union. Of course, major American retailers have their influence on local ecommerce industries in Europe. Yet despite these foundations, Covid-19 has placed … It is viewed by many as one of the primary drivers of the digital European economy. However, a big ecommerce sales growth can be observed in different parts of the continent, e.g. Southern Europe, Northern Europe, Central Europe and Eastern Europe show a much lower share of European ecommerce with 15, 7, 6, and 1 percent respectively. Fintech Futures (2019), E-commerce: the biggest overseas markets for UK consumers. This is the highest growth number in all of Europe. Global retail ecommerce sales will decelerate to a 16.5% growth rate in 2020. With a net worth of approximately $77 billion, Mukesh Ambani, who owns Indian Premier League cricket club Mumbai Indians, is... Waterways play a crucial role in transportation throughout history. Wir nehmen Ihnen auf Wunsch Ihre komplette Versandhandelslogistik oder auch nur bestimmte Tätigkeiten davon ab. Pharma E-commerce Market in Europe 2020-2024: Scope. Other countries with high market shares are Sweden and the Netherlands. This statistic gives information on retail e-commerce market size worldwide from 2014 to 2023. About Ecommerce Europe Ecommerce Europe is the voice of the European digital commerce sector. World’s Most Expensive Countries To Live In. Technavio has been monitoring the pharma e-commerce market in Europe and it is poised to grow by USD 10.69 bn during 2020-2024, progressing at a CAGR of almost 14% during the forecast period. The EU eCommerce VAT package [2], which comes into effect on 1 July 2021, revolutionizes Europe's e-commerce market. 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). 1. Experts estimate that by 2022 the European market volume will be worth as much as $481 billion. B2C e-commerce turnover in Southern Europe reached 98 billion euros in 2019, up 22.49% However, its size is still less than a quarter of the 444 billion euros turnover of Western Europe, which underscores how far the European South is from making full use of its potential in e-commerce. 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. Follow. Data from 2014 shows that in the UK, Germany, France, the Benelux, the Nordics, Spain, Italy and Poland clothing and footwear are amongst the most popular product categories, just like home electronics and books. Germany is the fifth-largest ecommerce market in the world. Even as consumers transitioned en masse to ecommerce during the pandemic, the drag caused by multiple recessions internationally has reduced the overall outlook. 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. Fifth Avenue, New York, NY, 10001, United States. Ecommerce Europe acts at European level to help legislators create a better framework for online merchants, so that their … E-SHOPPERS – Data from Eurostat shows that 32 percent of European consumers shopped online 1 or 2 times in the last three months. Around a 1/4 of all consumer purchases are … 1 out of 20 as the best American city to celebrate New Year's Eve. The US accounts for 73.24 percent of all live Shopify ecommerce websites worldwide. Click To Tweet Germany is the fifth-largest ecommerce … Erkennen Sie die Marktpotenziale der Digitalisierung Mobility Market Outlook ... Prognose zum Umsatz im B2C-E-Commerce in Europa bis 2017; Umsatzanteile am B2C-E-Commerce; Nutzung von Mobile Payment in Europa nach Ländern im dritten Quartal 2014; Umfrage zum Nutzungsanstieg von digitalen Marketingmaßnahmen 2014 ; Prognose zum Umsatz mit Online … Three of the six largest ecommerce markets are in Western Europe. Here’s some key data of the top European ecommerce retailers. Ecommerce Europe is the sole voice of the European Digital Commerce sector. Click on a page and discover more about the local market, customers, popular online stores and much more! In the small countries of Malta and Cyprus, online shoppers mostly (96% and 95% respectively) shop at foreign e-commerce websites. The biggest growth. In South Korea (20.3 %) and China (15.2 %), the shares are much higher. Total projected revenue for 2019 is 104 billion euros. The ecommerce industry in Europe consists of three major markets, upcoming countries and thriving startup scenes. The eCommerce market encompasses the sale of physical goods via … Compared to last year, this would mean an increase of 12,7%. Few regions around the globe can boast the same level of connectivity between countries in terms of infrastructure, trade policy and the single market. Through its 20 national associations, Ecommerce Europe represents over 25,000 online shops across Europe. The numbers are not in yet, but, in 2017, the European B2C ecommerce turnover has been forecasted to … The ecommerce sector contributed to 3.78% of total GDP in 2017and is expected to contribute to 4.22% of GP in 2018. T… Most of the women that we will present to you work in various industries, but they were recognized due to... E-commerce market 2020: Which European countries are leading the way, These are the countries that either failed or succeeded launching apps for COVID-19, Best Countries To Invest In Or Do Business, 2020, World’s Most Expensive Countries To Live In, World’s Best Countries For Health Care Systems, Countries With The Highest Life Expectancy, The Richest Major Sport Club Owners In The World For 2020, Ranked (Sports And Billionaires), Top 20 Most Beautiful Canal Cities Around The World (That Aren’t Venice), The 20 best Cities in America to celebrate New Year’s Eve, ranked, Take control by making culture your operating system, Co-founder of True Religion Jeans, Kym Gold, Brings Her Fashion Sense to the Home, Four Things Every Organization Must Do to Ensure the Sustainability of their Workplace. The total projected revenue for 2019 is 57.8 billion euros. Mobile ecommerce. It is the second-largest market in Europe after the ecommerce in the UK. World’s Happiest Countries. The 500 largest online retailers in Europe grew 16.9% online in 2019. Pharma E-commerce Market in Europe 2020-2024: Key Highlights. In 2019, retail e-commerce sales worldwide amounted to 3.5 trillion US dollars. For more common payment methods in Europe, check out our overview of the most popular online payment methods in Europe. eCommerce in Russia: With a recent annual growth of 20 percent and sales of 28 billion euros, Russia ranks fourth among the strongest eCommerce markets in Europe.This is mainly due to the high population number of almost 145 million, of whom … 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. The Europe 500, a ranking of the largest online retailers in the region based on 2019 web sales, collectively sold $218.69 billion online last year, up 16.9% from $187.12 billion in 2018. Except for the United Kingdom, other countries in this list are Denmark (86%), Germany (84%), the Netherlands (84%), and Sweden (84%). In Europe, the ecommerce market revenue is worth $363 billion, with an expected annual growth of 7.3%. Get your free digital copy of Cross-Border Magazine now and stay informed. And what’s the difference in payment preferences among different countries across Europe? However, e-commerce orders in food via delivery and pick-up points is rapidly growing. Besides, Europe is aware of the difficulties that come with cross-border ecommerce, so plans to make the process easier and more accessible are already in place, at least in the European Union. Still today, the cities like Venice, Bruges, and Amsterdam is globally... Virginia Beach, VA ranked No. The countries with the lowest growth are Belgium (7%), Ireland (7%), Austria (4%), and Iceland (3%). Average online spend for the European ecommerce market ranges between €100 to €499 euros—with the two most popular categories being clothing and sporting goods topping the list, followed by media & computer software. South Korea and Japan both have slightly larger markets. Copyright © 2008 - 2020 CEOWORLD magazine. Western Europe accounts for 70% of the total e-commerce value in Europe. 1. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Technavio has been monitoring the pharma e-commerce market in Europe and it is poised to grow by USD 10.69 billion during 2020-2024, progressing at a … Countries With The Highest Life Expectancy. The French ecommerce market is the third-largest in Europe. Along with Angela Merkel of Germany, Emmanuel Macron is often seen as one of the de facto leaders of the bloc. The above countries have the lowest share of online shoppers. November 30, 2020Logistics startup Saloodo has announced it’s now ready to be used globally. Total European ecommerce turnover increased by 15% to €530 billion in 2016, although prognoses initially had placed that figure below €510 billion. Our pharma e-commerce market in Europe report covers the following areas: Pharma E-commerce Market in Europe size; Pharma E-commerce Market in Europe trends Ecommerce in Europe is forecasted to be worth 621 billion euros by the end of 2019. It is the second-largest market in Europe after the ecommerce in the UK. Press Release issued Dec 8, 2020: HTF MI Analyst have added a new research study on Title COVID-19 Outbreak-Global Retail eCommerce Platform Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 with detailed information of Product Types [, Cloud-Based & On-Premise], Applications [PC Terminal & Mobile Terminal] & Key Players Such as Shopify, … Italy followed by 32% and Greece with 8%. Read all our articles about ecommerce in Europe. Technavio has been monitoring the pharma e-commerce market in Europe and it is poised to grow by USD 10.69 bn during 2020-2024, progressing at a CAGR of almost 14% during the forecast period. However, this growth is lower than 14,2% of the European e-commerce market in 2019. Are you looking to do cross-border business? Although WooCommerce dominates global ecommerce with a 28% market share, Magento has snatched the lead in Europe, with 24.6% of ecommerce websites now integrating Magento. November 11, 2020The European Commission has accused Amazon of abusing non-public data from third-party merchants to boost sales of its own brands in France and Germany. We analyzed the factors driving the growth of eCommerce in Germany, estimated the TAM and then visualized the TAM by important retail parameters such as Web Sales, Product Categories, and Traffic.Germany is the second major eCommerce market in Europe, next to the UK and followed by … And although it’s a Canadian company, it has enormous popularity in the United States. PAYMENT METHODS – Cards account for the largest share of business-to-consumer ecommerce transactions in Europe, as research from yStats.com shows. Vietnam’s business to consumer e-commerce market is worth $6.2 billion, 15 and it has been expanding rapidly, growing by 36.6 percent in 2017 alone. Here you can find more information per country. Not surprisingly, these are the biggest ecommerce countries in Europe. However, the potential of the market is huge. Sie sind ein ambitionierter E-Commerce-Händler und möchten sich auf Ihr Kerngeschäft konzentrieren? Ecommerce Europe is the sole voice of the European Digital Commerce sector. Its mission: boost the ecommerce industry by helping decision makers shape policies fit for future sustainable growth. The Europe 2020: E-commerce Region Report shows that Western Europe still remains the most developed e-commerce market in Europe. FMCG in selected European e-commerce markets . However, with a share of 7.69% of GDP, attributed to e-commerce, Southern Europe ranks first in Europe (in terms of e-commerce share in GDP). Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support CEOWORLD magazine > The Latest > Stats Gate > E-commerce market 2020: Which European countries are leading the way. Furthermore, the United Kingdom has the highest share of online shoppers (94%). Among the developments worth watching are the use of AI to influence digital shoppers, the gradual progress of social commerce and new approaches to delivery and returns. Germany is the second major eCommerce market in Europe, next to the UK and followed by France. However, the potential of the market is huge. As one of the most mature eCommerce markets in the world, Germany is home to 63.9 million online shoppers who were among some of the first to embrace eCommerce. Digital Market Outlook . While the growth rates in Central and Northern Europe are moderate, the boom in Eastern Europe is only just beginning – with a promising outlook for cross-border e-commerce. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Have you read? In the Netherlands, also consumers prefer shopping at domestic websites (95%). In particular, the market value of e-commerce in Southern Europe last year increased by 22.49%. Learn more about VAT in Europe to make your international expansion into Europe easier. Most of the online turnover is still being … The Commission also opened a second investigation regarding the possible preferential treatment of marketplace sellers that use Amazon’s fulfillment services. Spain saw in 2019 the highest turnover of e-commerce (29%), followed by Greece with 25%. The digital handling of import customs and VAT on all transactions becomes mandatory, and import VAT becomes due on each and every shipment sent to the EU. In South Korea (20.3 %) and China (15.2 %), the shares are much higher. The aforementioned report shows that the UK tops the list of leading ecommerce markets, accounting for approximately 33% of all European online sales. This level of internet adoption and rising levels of trust in electronic payment methods have led the way to a steady, healthy evolution of the ecommerce sector. European merchants still face difficulties when selling online, specifically cross-border. But what about the Shopify usage in Europe? GLOBAL ECOMMERCE MARKET RANKING 2019 - 8 SPOTLIGHT ON: GERMANY Germany, the biggest online shopping market in mainland Europe, has placed fifth on our eCommerce market ranking. Also, 87 percent bought from national ecommerce websites in the last year, while 35 percent ordered from sellers from other EU countries. November 5, 2020When it comes to paying for online purchases, many shoppers use their credit cards, PayPal or bank transfers. Auf ALPHAJUMP erhältst du kostenl… This puts European countries far behind their Asian counterparts. Dabei führt er neue Elemente ein, optimiertdiese immer weiter und versucht so den Markt für das Unternehmen zu erweitern und neueMärkte zu erschließen.ALPHAJUMP zeigt dir, welche Aufgaben der E-Commerce Manager hat, welche Skills ermitbringen muss und wie sein Gehalt aussieht.Du suchst einen Job als E-Commerce Manager? The E-commerce industry in Europe is one of the well established and largest markets in the world with a total turnover of EUR 540 billion in 2017. And 17 percent did this 6 to 10 times in the same period. The same thing in Poland (94%). By comparison, Greek buyers spent 7.5 billion euros online over the same period, while in Portugal the corresponding amount was 5.6 billion euros. But it’s difficult to see the European ecommerce industry as one, as it consists of several regions that all play their own role. It is worth mentioning that 27% of Europeans will keep shopping online more, according to the findings of a recent survey conducted among almost 6.000 consumers from France, the Netherlands, Germany, the United Kingdom, Italy, and Spain. Ecommerce growth of the Top 500 online retailers in 2019 - Infogram. Ecommerce News (2019), Ecommerce in The United Kingdom. Western Europe accounts for 70% of the total e-commerce value in Europe. © Copyright 2020 - In Internet Retailer’s top 10 list of biggest online retailers in Europe, Amazon, Staples and Apple are the only American retailers. The overall trend is that online sales in Europe are mainly generated by companies selling consumer electronics, fashion, homeware, personal care products and footwear. These companies together account for nearly 50% … In the UK, credit cards are very popular: about four in ten online transactions are paid this way. Germany is the fifth-largest ecommerce market in the world. Technavio has been monitoring the pharma e-commerce market in Europe and it is poised to grow by USD 10.69 bn during 2020-2024, progressing at a CAGR of … The region of Western Europe has also the highest share of online shoppers (83%). Average online spend for the European ecommerce market ranges between €100 to €499 euros—with the two most popular categories being clothing and sporting goods topping the list, followed by media & computer software. According to the Kantar Worldpanel, FMCG online sales account for 7.6 % of all FMCG in the United Kingdom, 6.2 % in France and just 2.4 % in Spain. As one of the most mature eCommerce markets in the world, Germany is home to 63.9 million online shoppers who were among some of the first to embrace eCommerce. Compared to last year, this would mean an increase of 12,7%. Europe Cross-border E-commerce Market - Introduction. B2C ecommerce turnover was €534 billion for 2017, this figure is expected to grow to €602 billion in 2018. It is the second-largest market in Europe after the UK. France has the world’s seventh-largest ecommerce market. … It is the second-largest market in Europe after the UK. November 18, 2020Shopify is only 14 years old, but is already extremely popular. 16 However, it is still dwarfed by bricks-and-mortar retail in Vietnam, with e-commerce accounting for just five percent of total retail. Ecommerce sales in Europe grew to 621 billion euros in 2019 and are set to be worth 717 billion euros in 2020. Western Europe owns three of the top six ecommerce markets, led by the UK ($141.93 billion), Germany ($81.85 billion) and France ($69.43 billion), but as more mature markets, each is growing at year-over-year rates well below the global ecommerce growth rate. The total worth of e-commerce in Europe is expected to reach 717 billion euros at the end of 2020. In Romania, the percentage of online shoppers is 31% while in Bulgaria is 29%. FMCG in selected European e-commerce markets According to the Kantar Worldpanel, FMCG online sales account for 7.6 % of all FMCG in the United Kingdom, 6.2 % in France and just 2.4 % in Spain. Despite the great growth, the market value in absolute terms has significant differences. The E-commerce industry in Europe is one of the well established and largest markets in the world with a total turnover of EUR 540 billion in 2017. Despite the economic problems Western Europe has to fear, all is still going well on the ecommerce front. Pharma E-commerce Market in Europe 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. In addition, this region also has the highest share of online shoppers (83%). The international trustmark can be used by both B2C and B2B companies. France has the world’s seventh-largest ecommerce market. Although Western Europe accounts for 66% of the market, all of the countries offer real potential for development. Countries where the ecommerce industry accounts for a fair share of total retail sales are the UK (17.8 percent forecast for 2017), Germany (15.1 percent) and France (10 percent). The road freight platform was launched by DHL Group in 2017 and was already available in some markets in Europe. In 2018, 14 % of EU enterprises conducted e-sales using only websites or apps, 3 % used only EDI-type sales while another 3 % used both. The e-commerce market in Eastern Europe is still young and the e-commerce volume generated is low compared to Western Europe. This would mean an increase of 13.6 percent compared to the situation last year, when ecommerce was worth 547 billion euros. 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. Western Europe accounts for 70% of the total e-commerce value in Europe. Data from 2014 shows that in the UK, Germany, France, the Benelux, the Nordics, Spain, Italy and Poland clothing and footwear are amongst the most popular product categories, just like home electronics and books. Most of the online turnover is still being generated in Western Europe, which accounts for approximately 70 percent of total European online retail turnover. According to a Hivemind study, WooCommerce falls in second, with 19.8% of popular ecommerce websites now using this ecommerce platform. South Korea and Japan both have slightly larger markets. The publisher provides a detailed analysis of around 25 vendors operating in the global pharma e-commerce market , including some of the vendors such as apo-rot BV, Euro Apotheke K. Talu eK, Mail.Ru Group, McKesson Corp., myCARE e.K., ROSSMANN, SHOP APOTHEKE EUROPE N.V., UK Meds Direct Ltd., Walgreens Boots Alliance Inc. and Zur Rose Group AG . Western Europe owns three of the top six ecommerce markets, led by the UK ($141.93 billion), Germany ($81.85 billion) and France ($69.43 billion), but as more mature markets, each is growing at year-over-year rates well below the global ecommerce growth rate. And the number of online shoppers ordering between 11 and 20 products per month has even doubled. The biggest growth. GLOBAL ECOMMERCE MARKET RANKING 2019 - 8 SPOTLIGHT ON: GERMANY Germany, the biggest online shopping market in mainland Europe, has placed fifth on our eCommerce market ranking. Along with Angela Merkel of Germany, Emmanuel Macron is often seen as one of the de facto leaders of the bloc. Maria Gourtsilidou is Senior Editor of Research and Data Analytics at the CEOWORLD magazine. The ecommerce market in Europe. In Europe, the ecommerce market revenue is worth $363 billion, with an expected annual growth of 7.3%. Germany is the fifth-largest ecommerce market in the world. Digital wallets are second best. Cross-Border Magazine (2018), B2C Europe: innovations in delivery, p. 33-34. As a matter of fact, Amazon was the most-visited online marketplace in Europe in 2018. Ecommerce sales in Europe grew to 621 billion euros in 2019 and are set to be worth 717 billion euros in 2020. The European Union (EU) is a major e-commerce market, with almost 90% of its 446 million inhabitants online. Consumers prefer Shopping at domestic websites ( 95 % ) goods and/or services online to consumers Europe. As research from yStats.com shows, e.g major e-commerce market in the,... Although it ’ s the difference in payment preferences among different countries across Europe Emmanuel Macron is seen. ( 15.2 % ), e-commerce: the biggest overseas markets for UK consumers Vietnam, almost! Top 500 online retailers in 2019 and are set to be used globally % … has... Totalprojected revenue for 2019 is 57.8 billion euros will be worth 717 billion euros in 2019 and are set be... 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