Upgrading! Germany may become the new leader of European e-commerce

Upgrading! Germany may become the new leader of European e-commerce

In 2021 , Germany, the United Kingdom, France and Italy accounted for 60% of total European e-commerce sales . Although the development of British e-commerce has encountered many restrictions after Brexit , it is still the leader of the European e-commerce market. Germany is expected to replace this position in 2025.

 

E-commerce in Europe has been growing steadily over the past few years, and the coronavirus outbreak has accelerated its development . According to recent data released by Statista , online sales account for an increasing share of total retail sales on the European continent.

 

In 2021, the share of online retail in Central and Western Europe reached 19% , an increase of 6% compared with 2019 before the epidemic , with the United Kingdom, Germany, France and Italy accounting for the majority of the total.

 

In 2020, the UK's e-commerce sales accounted for 21% of Europe , followed by Germany ( 19% ), France ( 13% ), and Italy ( 6%). The overall development of e-commerce has also driven the markets of other small European countries, such as the Netherlands and Belgium. E-commerce sales are growing, and the overall situation of European e-commerce is expected to remain stable in the next few years.

 

According to Statista , the three major e-commerce markets of the United Kingdom, Germany and France are expected to stagnate or decline by 1 to 3 percentage points by 2025, while smaller countries will catch up accordingly.

 

With the impact of Brexit and the development of the e-commerce market, Germany may overtake the UK and become the new leader in the European e-commerce market. It is expected that in 2025 , Germany will take the lead in e-commerce, accounting for 19% of the total e-commerce sales in Europe , while the UK will drop to 18%, and France will follow closely, with a share of 12%.

 

With the overall development of the e-commerce market, it is expected that the total sales of European e-commerce will double by 2025. The total sales in 2020 will be approximately 492 billion euros , and may exceed 1 trillion euros by 2025.

 

E-commerce consumption habits have already been formed in Europe, and the e-commerce market will be relatively stable in the future. Sellers should also pay more attention to local trends.


Germany

U.K.

Europe

<<:  Real-time refunds are necessary! 58% of British consumers are deeply affected by this feature

>>:  Brexit puts e-commerce business in trouble, with exports down 41%

Recommend

Profits up to 30%, annual sales of 2 million US dollars! What did they do right?

As cross-border expansion enters the second half,...

Amazon delivery driver arrested and jailed for stealing dozens of packages

According to foreign media reports, local RCMP in...

What is Superb Minerals? Superb Minerals Review, Features

Superb Minerals, a company based in the United St...

What is Sellware? Sellware Review, Features

Sellware can help you process orders more easily. ...

What is M-paisa? M-paisa Review, Features

<span data-docs-delta="[[20,{"gallery"...

TikTok continues to rank first in global app revenue with $296 million in April

With the rapid growth of platform traffic, TikTok...

Bubble balls and other summer products are hot on Amazon

With the arrival of summer, the hot weather bring...

What is SAXX Underwear? SAXX Underwear Review, Features

Founded in 2006, SAXX Underwear is a high-end men...

Canadian e-commerce platform Vendasta raises $119 million in private investment

Recently, Vendasta, an end-to-end e-commerce plat...