E-CommerceEuropean B2C E-Commerce Market Report 2022: United Kingdom is Expected to Rank Third Globally in B2C E-Commerce Sales in 2021

The “Europe B2C E-Commerce Market 2022″ report has been added to ResearchAndMarkets.com’s offering.

Due to the COVID-19 pandemic and enforced restrictions in Europe, the retail market experienced significant changes, namely, digitization of operations in 2020. Many businesses/retailers in the region decided to invest in E-Commerce. So, in 2020, the revenue of top European online retailers witnessed a considerable growth of about 40% from 2019, among which were specialist merchants VanMoof and Fenton, the fastest-growing online retailers in 2020. The major markets in the region as well have seen tremendous developments in the online retail market, meaning the UK still remained the leader in Europe in terms of B2C E-Commerce market and it saw over a 30% of y-o-y growth in 2020.

In 2021, the market share of B2C E-Commerce in the UK was expected to reach almost a third of retail sales and is predicted to rank third globally in sales volume, after China and the USA. Another advanced market, Germany, had its B2C E-Commerce market increased by more than 20% y-o-y in 2020. And in the global rank, by its value, Germany was estimated to be the sixth compared to other countries in 2021. In Spain, B2C E-Commerce values peaked in Q4 2020, however, compared to the same period the previous year, though the increase there was not as substantial as in other Western European neighbors. Furthermore, a considerable part of overall B2C E-Commerce sales value in Spain was from transactions from Spain to abroad.

Consumer behavior rapidly changed after the onset of COVID-19, and the preference for what to buy online and what not to vary by country. However, in the region overall, among the top fastest-growing online product categories in Europe were hardware, food/beverage and health/beauty in 2020, according to a survey cited in the report. Taking a deep look at each market reveals some other details. Generally, in most markets of Europe clothes, shoes & accessories and electronics were commonly ranked as the top categories to be purchased when shopping online in 2020. For instance, in the UK, over half of respondents on average purchased clothing, shoes and accessories items online in 2020, which was the leading product category.

In Germany, however, the fashion & accessories segment went down to second place, following consumer electronics that in 2020 accounted for almost a quarter of total online sales. Appliances and technology was the top product category to be purchased online in the future, followed by apparel and beauty & cosmetics, as per an October 2020 consumer survey. Technology/communication, entertainment/culture and food were the top 3 product categories purchased online in Spain, according to a June 2021 survey cited in the report. In Russia, the preference for the product segment varied depending on the type of purchase, meaning that when shopping online locally, consumers opted for buying consumer electronics online, and clothes & footwear was the second choice, whereas when purchasing cross-border, clothes & footwear dominated and consumer & electronics’ share decreased.

Questions Covered in the report:

  • How did the online shopper penetration rates in Europe develop between 2015 and 2020?
  • What was the E-Commerce sales value of Top 500 European online retailers in 2020?
  • How are the European advanced markets compared to other global markets that are expected to improve their B2C E-Commerce sales value in 2021?
  • What are the 2025 forecast numbers for B2C E-Commerce market size and its share in the whole retail market in Western Europe?
  • How much sales did the largest B2C E-Commerce market player generate in 2020?

Key Topics Covered:

1. Management Summary

2. Global Developments

  • B2C E-Commerce Sales Value, in USD trillion, and Year-on-Year Change, in %, 2019-2025f
  • B2C E-Commerce Sales Value, in USD trillion, and Share, in % of Total Retail Sales, 2019-2025f
  • Top 10 Countries, by B2C E-Commerce Sales Value, in USD billion, and Y-o-Y Change, in %, 2020 & 2021e
  • Breakdown of Top 10 Countries, by B2C E-Commerce Sales, in % of Total Global B2C E-Commerce, 2021e
  • Growth Rate of B2C E-Commerce Sales Worldwide and in the Top 10 Countries, incl. IndiaBrazilRussia, in %, 2021e
  • E-Commerce Sales Compound Annual Growth Rate, in % Year-on-Year Change, 2020-2024f

3. Regional Developments

  • Overview B2C E-Commerce Market, November 2021
  • Online Retailers’ E-Commerce Sales Value, in USD billion, 2019 & 2020
  • Top 5 Fastest-Growing Online Retailers, in % Year-on-Year Change, 2020
  • Top 5 Fastest-Growing Online Product Categories, in % Year-on-Year Change, 2020
  • Online Shopper Penetration Rate, by Age Group, in % of Internet Users, 2015-2020
  • Internet Penetration in the EU, by Country, in % of Individuals, 2015-2020
  • Online Shopper Penetration in the EU, by Country, in % of Individuals, 2015-2019
  • Online Shopper Penetration in the EU, by Country, in % of Individuals, 2020
  • B2C E-Commerce Sales Value, in USD trillion, and Year-on-Year Change, in %, 2019-2025f
  • B2C E-Commerce Sales Value, in USD trillion, and Share, in % of Total Retail Sales, 2019-2025f
  • Top Payment Methods Preferred, by Before & After COVID-19, in % of Adults, March 2021

4. Advanced Markets

Companies Mentioned

  • Afterpay
  • Alibaba
  • Aliexpress
  • Allegro
  • Amazon
  • Apple
  • Apple Pay
  • Argos
  • Carrefour
  • Cashper
  • Cdiscount
  • Clearpay
  • eBay
  • El Corte Ingles
  • Etsy
  • Fenton
  • Floa
  • Fnac
  • Gap
  • Google Pay
  • H&M
  • Ikea
  • Klarna
  • Media Markt
  • Openpay
  • Otto.de
  • Pay.uk
  • Paylib
  • Samsung Pay
  • Saturn
  • Sberbank
  • VanMoof
  • WebMoney
  • Wildberries
  • Wish
  • Yandex.Money
  • Zalando

For more information about this report visit https://www.researchandmarkets.com/r/5bol9u


Leave a Reply

Your email address will not be published. Required fields are marked *