However, this growth is somewhat lower than the 14.2% increase of the European e-commerce in 2019. Net Sales '19 refers to the total sales generated in Europe in 2019, both online and offline. When the UK imposed a lockdown in March, there was a surge in online shopping. Believe Athletics: “We believe in slow fashion”, A different e-commerce approach: “We care about local retailers”, Co-founders of mellow explore their cross-border eCommerce success strategy, NetOnNet leads the e-commerce market in Sweden. The EU has adopted targets to be reached by 2020 in five areas: By viewing our content, you are accepting the use of cookies. Table of Contents. While 10.2 percent may not seem that high, this can be attributed to the fact that e-commerce in Western European countries is relatively mature. By Alex Rolfe July 09, 2020 Daily news. Although Western Europe accounts for 66% of the market, all of the countries offer real potential for development. It is expected that mobile commerce will take a market share of ecommerce of 72.9% by 2021. That same year, e-commerce grew by 10.2 percent in Western Europe and 14.5 percent in Eastern Europe. While 10.2 percent may not seem that high, this can be attributed to the fact that e-commerce in Western European countries is relatively mature. Papers SEE PAPERS. As 2020 comes to a close, PostNord has shared their report, “E-commerce in Europe 2020.” In this article, we take a deeper look at the report and e-commerce in Europe: where it’s been, where it is, and where it’s going. This ultimately means an increase of 12.7% compared to last year. If you’re a retailer or brand, chances are you’ve been preparing for a virtual holiday spending season since the summer. Although the pandemic has driven much of the shift in the e-commerce space, there is still a tie between COVID and conservation efforts. 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 … Roughly one third, which means that 20 million of the 50 million online consumers in the UK started shopping online more often, and that’s not limited to specific categories: in recent years, the UK has emerged as a key player in the online grocery shopping segment. In 2019, Europe’s share of the global e-commerce market was about 10 percent, or $349 billion. In 2020, the Covid-19 pandemic has caused the sudden increase of e-commerce adoption, particularly for food, fast-moving consumer goods, health and pharmaceutical products. As retailers adapt to a new method of consumer shopping, they must also prepare for a new method of returns driven as a result of consumer tactics such as bracketing—buying multiple versions of the same item to ensure they get the best product. Since the start of 2020, pure e-commerce businesses in Europe experienced fluctuations in their weekly growth rates. Both food and beverage and health, personal care and beauty were the fastest-growing ecommerce categories prior to the pandemic. The Europe 2020 strategy is the EU's agenda for growth and jobs for the 2010 - 2020 decade. This growth is somewhat lower than the 14.2 percent increase of the European ecommerce in 2019. The “France E-commerce Market - Growth, Trends, and Forecasts (2020 - 2025)” report has been added to ResearchAndMarkets.com’s offering. While 2020 has seen tremendous change for e-commerce, the UK has been setting the stage for this growth for years. With all the growth that’s happened, what can we expect in the coming years? That same year, e-commerce grew by 10.2 percent in Western Europe and 14.5 percent in Eastern Europe. Bypass the landfill. What does the global retail ecommerce forecast look like for 2020? The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. Shopify said its own growth this year has been unprecedented -- new stores created on the Shopify platform grew 71% in Q2 2020 compared to Q1 2020, with … more information Accept. FT 1000: Europe’s Fastest Growing Companies 2020 Our latest annual ranking of businesses by growth. The European e-commerce statistics reveal that the e-commerce growth shall remain steady every year until 2020, outpacing the increase in various traditional methods of providing retail and services. The fastest growing ecommerce market in the world is China. Competition online is steeper. Ecommerce 2020: The latest data and forecasts for all things online retail growth It's interesting to look back at the growth of online sales and think forward to the future of this industry. How much of a surge? Dec 01, 2020 Ecommerce Europe contributes to 14th ERPB meeting > Read More. 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