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Tag Archive for ecommerce

The Netherlands: ecommerce totalled EUR 20 bln in 2016

Ecommerce in the Netherlands has totalled EUR 20.16 billion in 2016, meaning an increase of 23% compared to 2015.

These are the findings from the Ecommerce Report The Netherlands 2017, published by EcommerceWiki, together with Dutch ecommerce association Thuiswinkel.org and research company GfK. The Netherlands has an internet penetration of almost 94% and a steadily increasing GDP per capita of EUR 40.900.

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Ecommerce expected to increase by 30 percent in 2017 – Spain

Almost one-third of ecommerce executives in Spain are expecting retail ecommerce sales to increase by more than 30% in 2017 compared with 2016, according to a survey.

However, many executives also believe growth will be more modest in the year to come, according to Kanlli and D/A Retail – Distribución Actualidad. Over 60% of the executives polled expect retail ecommerce to grow up to 30% in 2017. Just 7% said they expected a decrease in sales compared with 2016.

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Russia: ecommerce market tops USD 26 billion as international players seize opportunities

Russia’s ecommerce market continued to grow at double-digit rates in 2016, even as offline retail was severely affected by the economic crisis.

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Italy: ecommerce to see 20 percent growth in 2017

B2C ecommerce in Italy is expected to see growths of 20% in 2017, reaching EUR 23.4 billion, the largest increase since 2010, nearly doubling 2013’s total of EUR 12.6 billion.

This is the forecast made by Netcomm, an Italian E-Commerce Consortium. In spite of the drop in retail sales (-0.5%) shown by ISTAT in December 2016 and the stability they registered in 2016 (+0.1%), in 2017 the biggest boost in online purchases wasn’t just the GDP’s recovery (Bankitalia claims a +0.9% expected growth), but also Italian families’ greater inclinations for online shopping: buyers, frequency of purchases, and average receipts are all on the rise.

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Italy: ecommerce growth reaches 18 percent in 2016

Turnover from Italian ecommerce grew by 18% in 2016, and it is expected to rise with 20% in 2017.

These are the findings from Milan’s Polytechnic University, who stated that the total volume of business will have reached EUR 19.6 billion in 2016, including EUR 10.6 billion linked to the purchase of services and the remaining EUR 9 billion linked to the purchase of products.

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Spain: Ecommerce 20.3 percent growth in Q2 2016

Ecommerce in Spain has increased with a year-on-year growth of 20.3% in the Q2 of 2016.

The online turnover reached EUR 5.95 billion during that period. Industries with the highest online revenue were travel agencies and tour operators, air transport and clothing.

According to the latest ecommerce data of the Spanish National Authority for Markets and Competition (CNMC) over 92 million transactions were registered during the Q2 of 2016, which is an increase of 33.4% compared to the same period in 2015. Categories with the highest percentage of ecommerce transactions are direct marketing (10.6%), CDs, books, newspapers and stationery (6.4%) and activities linked to transport (6.1%).

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US ecommerce sales reach 15.6% in Q3 2016

US ecommerce reached USD 93.67 billion in Q3 2016, a 15.6% increase compared with the same time in 2015, according to the US Commerce Department.

This is slightly behind the Q2’s 15.9% year-over-year growth, which was the largest increase posted in nearly two years, internetretailer.com reports.

Factoring out the sale of products not usually conducted online, ecommerce accounted for 11.3% of retail sales during the period.

Total retail sales excluding foodservice (or sales in restaurants or bars) reached USD 1.22 trillion during the three months ended Sept. 30, a 2.3% increase. During Q2 2016 total retail sales grew 2.1% year over year.

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Latin America saw small scale ecommerce in 2015

B2C ecommerce in Latin America, one of the smallest market in the world in terms of online sales, accounted for a tiny share of overall retail sales in 2015, according to a new report from yStats.com.

In the near future, B2C ecommerce sales in Latin America are predicted to maintain double-digit growth rates, bolstered by Internet access, financial services and online shopper penetration across the region. Amazon launched full operations in Mexico in 2015 and MercadoLibre is scoring high by number of website visitors in almost every major market of the region.

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Ecommerce grows over physical commerce in US

The gap between ecommerce and physical commerce has shrinked in 2016, as retailers seek to leverage better fulfillment options, local advertising tools, offline attribution and omnichannel tools.

This conclusion is provided by a new eMarketer report, US Holiday Ecommerce Preview 2016: Mobile to Fuel Explosive Ecommerce Growth.

Mobile is bridging the divide between physical and digital commerce, a trend that should accelerate in 2016 holiday season. Some 45% of shopping trips include some mobile shopping, according to a Facebook IQ study of US internet users conducted in September 2015.

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Sweden ecommerce sales increase by 18 percent in Q2 2016

The Sweden ecommerce saw its sales increase by 18% during Q2 2016, compared to the same period in 2015.

Expectations are the ecommerce industry in Sweden will be worth EUR 6.08 billion, ecommercenews.eu reports.

PostNord published its latest E-barometer, in collaboration with the Swedish Digital Trade and HUI Research and found that during the Q2 2016 especially sales in the food sector and the building trade that performed well, as they increased by 38 and 37% respectively.

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Ecommerce market hits USD 22 trln

Global ecommerce market is worth around USD 22.1 trillion, according to latest UNCTAD estimates.

China is the world’s largest business-to-consumer (B2C) ecommerce market, both in terms of sales and in number of online shoppers, followed by the US and Japan.

India, the 10th largest market in terms of buyers, was ahead of Brazil and Russia in per capita ecommerce spend, the report said.

Denmark ecommerce hits EUR 13.84 bln in 2015

Danish ecommerce has reached EUR 13.44 billion, online retail industry in Denmark accounting for 10% of the total retail turnover.

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Ecommerce Europe published France report 2016

The French B2C e-commerce experienced noticeable growth last year. The growth rate was declining over the last few years, from 19.4% in 2012 to 11.2% in 2014. However, in 2015, B2C e-commerce grew by 14.3%. This growth rate resulted in a B2C e-commerce turnover of €64.9bn in France last year. For 2016, the growth is expected to decline again, as a growth rate of 10.0% is forecasted.

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US ecommerce reaches USD 373 bln in 2016

US online retail is expected to hit USD 373 billion in 2016, a recent report reveals.

That figure will grow to more than USD 500 billion by 2020, according to Forrester Research, by Sucharita Mulpuru, mediapost.com reports.

US online retail sales topped USD 100 billion only in 2006 but, by 2020, Forrester expects online retail sales will exceed USD 500 billion. Amazon is estimated to gain USD 23 billion more in US ecommerce sales in 2015 than in 2014 (including its third-party marketplace). That accounts for 60% of the total growth in US online sales in 2015.

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Italian ecommerce expected to reach EUR 19.3 bln in 2016

Italian ecommerce is set to generate EUR 19.3 billion in 2016, rising by 17%, compared to 2015.

Much growth is expected from tourism, IT & electronics and clothing, according to Netcomm, Italian Consortium of Electronic Commerce, ecommercenews.eu reports. Online purchases from smartphones increased by 51%, compared to 2015, and account for 15% of all online transactions in Italy. With purchases from tablets, mobile transactions account for almost 24% of all online transactions in Italy.

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US ecommerce reaches USD 86 bln in Q1 2016

Online sales grew 15.1% in Q1 2016 (USD 86.3 billion) and accounted for 11.1% of retail sales when factoring out items not normally bought online.

In 2015, ecommerce accounted for more than 10% of retail sales, without the sales of automobiles, fuel and foodservice. Web sales totaled USD 86.3 billion for Q1 2016, a 15.1% increase over USD 75.0 billion in Q1 2015, according to US Department of Commerce, internetretailer.com reports.

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Southeast Asian ecommerce grows to 70 bln by 2020

The USD 6 billion Southeast Asian online retail market is expected to grow to USD 70 billion by 2020, a new report reveals.

With Alibaba`s USD 1 billion investment in Lazada in April 2016, JD.com and eBay setting up office in Indonesia, as well as Japan`s SoftBank, Sequoia Capital and SB Pan-Asia Fund investing USD 100 million in Tokopedia, Indonesia`s largest online marketplace, Southeast Asia appears to have become an ecommerce investment destination of choice, e-commercefacts.com reports.

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UK ecommerce expected to reach EUR 174 bln in 2016

The UK online retail industry is expected to reach EUR 173.7 billion (10.5% growth) in 2016, a new report reveals.

The British ecommerce industry increased to EUR 157 billion (11% growth) in 2015, ecommercenews.eu reports. Over 43 million Brits shopped online in 2015, of which 20% used a mobile device for doing this.

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Global ecommerce growth forecasted to reach USD 8 trillion by 2020

The digital commerce market is set to increase from USD 4.9 trillion in 2015 to over USD 8 trillion by 2020, a new research found.

The digital commerce market will see contributions from digital banking, remote digital goods and remote physical goods, juniperresearch.com reports.

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Middle East ecommerce economy to be worth USD 5 bln by 2019

The PCI Security Standards Council, the global authority on payment security, has reinforced the importance of an in-depth defence strategy to ensure the region’s ecommerce industry’s resilience to cyber activity, to be worth USD 5 billion by 2019, according to recent estimates.

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UK ecommerce registers 65 percent traffic on mobile channels

UK overall ecommerce registered a notable 65% traffic on mobile devices in January 2016, a recent research study reveals.

This is the highest figure for any country studied in a March 2016 SimilarWeb report, emarketer.com reports. By comparison, the US m-commerce traffic fell on second place, with 54% of total ecommerce traffic. In France, Brazil and Russia, m-commerce traffic makes up a significantly smaller amount of total ecommerce traffic, at 35%, 33% and 23%, respectively. India and Germany m-commerce traffic hovers around half of the ecommerce total.

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European ecommerce slowdown caused by cross-border package shipment high prices

Although ecommerce is booming, only 12% of retail businesses export online to other countries because of the high prices incurred by cross-border parcel shipment.

And this happens when 37% of retailers now sell via the internet in their own country, according to recent research by B2C Europe analysing the shopping habits of online consumers in eight countries in the eurozone, emarketservices.com reports. Read more

Romania’s B2B ecommerce to reach EUR 12 bln

Romanian B2B ecommerce is expected to hit EUR 12 billion, up by 20% compared to 2015, according to industry insights.

The IT&C, appliances, auto, fashion and home&deco sectors have the highest shares in the B2B ecommerce, according to latest statistics issued by the ecommerce platform Teamshare, Romania-insider.com reports.

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Russian cross-border ecommerce taking big strides pace

The domestic ecommerce market in Russia increased from RUB 560 billion (USD 7.1 billion) in 2014 to RUB 650 billion (USD 8.2 billion) in 2015, a recent report reveals.

It now accounts to 2% of the total retail industry in Russia, so there is still great growth potential, according to a report issued by Data Insights, a market research company, ecommercenews.eu reports. While the domestic market is slowing down, cross-border purchases continue to grow rapidly.

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Romanian ecommerce was worth EUR 1.4 billion in 2015

Romanian ecommerce grew from EUR 1.1 billion in 2014 to approximately EUR 1.4 billion in 2015, a recent research study reveals.

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Asian payment methods driving global mobile payments adoption

Asian-based payment methods are driving global mobile payments adoption, a recent reserach study highlights.

JCB recorded the highest share of mobile payments across all the payment methods analysed, with 54% of payments on the Adyen platform made on a mobile device, up from 47% last quarter. Alipay increased to 44% (up from 35%), and UnionPay to 31% (from 23%), according to the quarterly issued Mobile Payments Index by global payments technology company Adyen.

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China to make up 50% of global ecommerce market by 2018

China is forecast to account for over half of the global ecommerce market by 2018 as its growing middle class and broad use of smart mobile devices nationwide drive domestic consumption, a recent research study reveals.

This development is also supported by China’s commitment to help expand global ecommerce by building a “digital Silk Road”, according to a recent report issued by the research company eMarketer, scmp.com reports. China’s increase by 2018 translates into a 133% rise to USD 1.568 trillion, up from an estimated USD 672 billion in 2015.

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EU ecommerce turnover up 17% in 2014

The European ecommerce business increased 17% in terms of total turnover from e-sales during 2014, consisting of orders via a website or “apps” or via EDI-type messages, a recent research study reveals.

However, the turnover realised from EDI-type sales was 12% of total turnover, while the turnover from web sales was only 5%, according to data from EU stats.  From that 5%, 3% came from e-sales to other enterprises and public authorities, while 2% came from e-sales to private consumers.

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Indian ecommerce imports expected to grow 78 percent

Indian ecommerce imports are forecasted to increase 78%, due to the domestic internet users inclined to buying goods across borders, a recent researh study reveals.

A substantial 27% of the orders are being executed from US-based websites, whereas 11% come from China and 10% from UK, according to a recent research study issued by PayPal, bharatpress.com reports. About 53% of those online purchasing via overseas websites are for items like clothes/attire, footwear and equipment. Electronics are expected to take 51% and digital leisure and schooling gadgets 44%.

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Ecommerce in the fashion industry grows in the UK

Clothing and footwear were the most purchased items online in the UK in 2014, where 7 out of 10 consumers bought fashion items at least once via the internet (36 million people), a recent reseach study reveals.

Operators working in the online fashion channel in the UK are very dynamic and the landscape is rapidly changing, according to a research study issued by the consultancy company Icex. It is a booming market that offers many possibilities for fashion companies.

However, it is becoming increasingly competitive, as retailers have realised its great potential and are targeting online shopping. Men, a segment that historically bought less than women, are increasingly more likely to buy fashion items, and also more likely to buy online.

Multichannel stores are still consumers’ favourites, which may pose a threat to stores that sell purely online as they will have to increase their efforts to maintain their profits.