Online retail in Europe is growing exponentially, particularly in Southern Europe. This is one of the many interesting findings of the European E-commerce Report 2017. Today (26th of June) Ecommerce Europe, EuroCommerce and the E-commerce Foundation jointly presented this report in Brussels.
The report shows e-commerce* trends, facts and figures, and offers insights into each of the European e-commerce markets.
Ms. Marlene ten Ham, Secretary General of E-commerce Europe, stated: “We are very pleased with
the figures that are presented in the report, as stimulating European e-commerce is one of our main
objectives. We strive to create a level playing field for online trading in EU countries and our work is
more likely to be successful when we gather the right facts & figures”.
European e-commerce turnover increased by 15% to €530 billion in 2016. For 2017, the European B2C
e-commerce turnover is forecasted to reach around €602 billion, at a growth rate of nearly 14%. Key
trends identified in the report show that the proportion of companies with more than 10 employees
having a website is continuously growing – from 67% of all retail companies in 2010 to 77% in 2016.
Yet only 18% of them sell through their website. However, the pace of this growth varies regionally
across European markets. Western European countries continue to lead the way, asthe largest market
for ecommerce, with the UK topping the list with approximately 33% of the European online sales. In
the mature ecommerce markets, the proportion of consumers shopping online is highest, 87% in the
UK, 84% in Denmark and 82% in Germany for 2016. In contrast, the share of people shopping online
are the lowest in Romania, Macedonia and Bulgaria.
Nonetheless, Central and Eastern European Countries achieved the highest e-commerce sales growth
in 2016; in Romania sales increased by 38%, and the market in Slovakia and Estonia grew by 35%,
Ukraine saw a growth of 31%, and Poland and Bulgaria grew by 25%. E-commerce, combined with the
EU Single Market, is an opportunity to sell and shop across border without travelling or setting up
shop in another country. 33% of online shoppers purchased abroad in 2016, with Luxembourg, Russia
and Switzerland topping the list of cross-border online purchases (each over 60%).
Online purchasing is more popular with the younger generation: two-thirds of 16-24 year olds
purchase online frequently, in comparison to one-third of the 55-74 year olds. The report also reveals
challenges still faced by consumers in their online shopping experience.
The three main complaints include:
– speed of delivery (17%)
- technical failures (13%)
- and damaged goods (9%)
Christian Verschueren, Director-General of EuroCommerce commented: “E-commerce and the
digitalisation of retail and wholesale are changing our sector fundamentally, creating new business
opportunities and models, new jobs and new forms of interaction with consumers. Many more
consumers are buying online and many more retailers are selling online; more significantly, both are
combining online and offline shopping seamlessly into what is becoming omnichannel retailing. And
the EU can help: Europe needs policies to foster these developments and allow consumers and traders
to make the most of the potential of a market of 500 million Europeans. Europe can be powerhouse
for e-commerce, but we still have some way to go to get the environment right for this to be achieved.”
* E-commerce in this report is seen as any B2C contract on the sale of products or services fully or partly concluded by a
technique for distance communication.