yStats.com’s New Report: B2C E-Commerce in Western Europe Approaching Maturity
A new release from yStats.com, Hamburg-based E-Commerce & Online Payment research specialist, with the title “Western Europe B2C E-Commerce Market 2019” contains the latest figures and projections of the online retail markets in the EU-5. According to the report’s findings, digital commerce sales growth rate in the top five markets of Western Europe is projected to decline from 2019 to 2022, as online retail in these countries approaches maturity.
Hamburg, Germany, October 06, 2019 --(PR.com)-- B2C E-Commerce leaders in Western Europe
Among Europe’s sub-regions, Western Europe has the highest B2C E-Commerce sales, according to the data cited in the yStats.com report. The top three countries in this region, the UK, Germany, and France also rank among the ten largest online retail markets worldwide as of 2019. The online share of retail sales in the countries of Western Europe is advanced, led by the UK with nearly 20% as of 2019. As a result, B2C E-Commerce sales in the top five markets of Western Europe are projected to see declining growth rates through 2022.
Western Europe’s top online retailers
Despite the slow-down, digital commerce is still projected to outpace brick-and-mortar sales and achieve an even higher share of overall retail market over the next four years. Store-based retailers are investing in ramping up their E-Commerce and omnichannel efforts in order to stand up to the growing pressure from online pure-play retailers and marketplaces. Amazon is the overall E-Commerce market leader in Western Europe, generating the highest online sales in the UK, France, Germany, Italy and Spain. Other prominent market players include Amazon’s US rival eBay, Germany-based Otto Group and Zalando, France’s Cdiscount and Vente-Privee, and UK’s multichannel merchants Sainsbury’s and Tesco. Moreover, amidst the growing cross-border online shopping trend, China-based AliExpress is gaining popularity among Western European digital buyers.
For further information, see: https://www.ystats.com/wp-content/uploads/2019/10/2019.10.02__Product-Brochure-Order-Form_Western-Europe-B2C-E-Commerce-Market-2019.pdf
Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats
About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.
Among Europe’s sub-regions, Western Europe has the highest B2C E-Commerce sales, according to the data cited in the yStats.com report. The top three countries in this region, the UK, Germany, and France also rank among the ten largest online retail markets worldwide as of 2019. The online share of retail sales in the countries of Western Europe is advanced, led by the UK with nearly 20% as of 2019. As a result, B2C E-Commerce sales in the top five markets of Western Europe are projected to see declining growth rates through 2022.
Western Europe’s top online retailers
Despite the slow-down, digital commerce is still projected to outpace brick-and-mortar sales and achieve an even higher share of overall retail market over the next four years. Store-based retailers are investing in ramping up their E-Commerce and omnichannel efforts in order to stand up to the growing pressure from online pure-play retailers and marketplaces. Amazon is the overall E-Commerce market leader in Western Europe, generating the highest online sales in the UK, France, Germany, Italy and Spain. Other prominent market players include Amazon’s US rival eBay, Germany-based Otto Group and Zalando, France’s Cdiscount and Vente-Privee, and UK’s multichannel merchants Sainsbury’s and Tesco. Moreover, amidst the growing cross-border online shopping trend, China-based AliExpress is gaining popularity among Western European digital buyers.
For further information, see: https://www.ystats.com/wp-content/uploads/2019/10/2019.10.02__Product-Brochure-Order-Form_Western-Europe-B2C-E-Commerce-Market-2019.pdf
Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats
About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.
Contact
yStats.com GmbH & Co. KG
Yücel Yelken
+49 (0)40 39 90 68 50
www.ystats.com
Yücel Yelken
+49 (0)40 39 90 68 50
www.ystats.com
Contact
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