The State of Fashion 2020 Fashion leaders are not looking forward to 2020. As part of the sector inquiry, the Commission requested information from a variety of actors in e-commerce markets throughout the EU both in relation to the online sales of consumer goods (such as electronics, … European ecommerce turnover is forecast to grow at around 12.7% and to hit €717 billion in 2020. You are currently viewing this as a Guest. Furthermore, besides our known focus regions U.S., China and Europe, we now also provide detailed figures on the top 5 EU countries to enable more insights into the market.The eCommerce market has evolved from a simple counterpart of brick and mortar retail to a shopping ecosystem that involves multiple devices and store concepts. European Ecommerce brings owners of growing businesses together with angel investors to get great businesses funded. European Court of Auditors - 12, rue Alcide De Gasperi - 1615 LUXEMBOURG - Tel. The decision initiating the sector inquiry is available in three languages: en - fr - de . This report is based on the assumption that inventions of digital services and technologies have a benign core and have been developed for a useful purpose. One continent – five regions In the report, Europe is divided into five regions: Western, Eastern, Southern, Northern and Central Europe. COVID-19 has massively accelerated the growth of e-commerce, according to an Adobe report released today. As the associations who together represent the majority of retailers in this most dynamic of regions, we will be joined by their leadership to give their insight on the findings, the key themes and outlooks and of course their reflections on the major commercial and strategic issues … Taxation Trends in Europe 2020 5 Acknowledgements This report was prepared under the direction of Benjamin Angel (Director at DG TAXUD) and, Gaëtan Nicodème and . Total online spending in May hit $82.5 billion, up 77% year-over-year. We look at 34 countries via a combination of facts and figures, interviews with industry experts, and case studies into such business-critical issues as Brexit and Covid-19. What is the Europe 2020 strategy about? Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook The fastest growing ecommerce market in the world is China. CEO, MindShare Germany. Members of Ecommerce Europe and EuroCommerce now have FREE access. 2020 Ecommerce Platforms Report Retailers consider Ecommerce Platforms to be one of their most important technology expenses for the year Over 60% of Top 1000 retailers use a vendor to power their ecommerce platform. Voice Assistant and Smart Speaker Users 2020. Built on months of research, this report is brimming with helpful facts and figures which illustrate internet use, GDP, population metrics and more to ensure easy navigation of the European ecommerce landscape. Directly accessible data for 170 industries from 50 countries facts. Global retail ecommerce sales will decelerate to a 16.5% growth rate in 2020. The Commission launched the sector inquiry into e-commerce on 6 May 2015, as part of the Digital Single Market strategy, on the basis of European Union ("EU") competition rules, pursuant to Article 17 of Regulation 1/2003. Report. It is forecasted that revenue in the e-commerce market will reach US$391,841 m in 2020. Retailers and brands entering the European market will want to be sure they understand the unique traits of each specific market in which they are interested. The Chinese market is worth US$862.6 billion in 2019, with Fashion being the biggest segment. We’ll see if these good predictions turn out to be true. This region accounts for 70 percent of the total ecommerce value in Europe. Primary research data & analysis is provided to InternetRetailing under licence by RetailX. Brands classified as CX leaders are three times more likely than their peers to have significantly exceeded their 2019 business goals. Television Update Fall 2020. We value your privacy and will never rent or sell your email address. Download the European 2020 Ecommerce Regional Report for an all-encompassing analysis of one of the largest and most diverse B2C ecommerce markets in the world. Ana Xavier (Heads of Unit at DG TAXUD). If you can help us or are just curious about what we do we would like to tell you more. Order a Project Account now to get immediate access to our dossiers, studies and reports. The main editor of the report was David Arranz (DG TAXUD), with contributions and support from Günther Ebling. This report offers an on-the-ground perspective with 27 national ecommerce association interviews, where experts explain the intricacies of their own national markets. In spite of a slowing Chinese economy, a shift in purchasing power from the U.S. and Europe to China and Southeast Asia has begun, fueled by the growing number of consumers gaining access to eCommerce due to growing purchasing power and internet penetration, especially on mobile devices.Comparing the three major eCommerce markets – the U.S., China and Europe – China was the biggest market in 2019 and will stay in the lead through 2025. It emphasised smart, sustainable and inclusive growth in order to improve Europe's competitiveness and productivity and underpin a sustainable social market economy. An annual growth of 6.0% will lead to revenues of US$565.9 billion by 2025. The findings of the 2019 European E-commerce Report published in late August were very positive, with growth in online sales of more than … According to 99Firms’ Ecommerce Statistics for 2020, the ecommerce market is not only thriving, but it’s expected that more than 95% of all purchases to be conducted via ecommerce by 2040. Ecommerce News is a daily blog featuring news about the ecommerce industry in Europe. 2020’s Biggest US Forecasting Shocks. The third biggest eCommerce market in 2019 is Europe with revenues of 351.9 billion. Europe: Revenue in the eCommerce market is projected to reach US$425,182m in 2020. The report also covers leading and preferred payment and delivery methods for each country, and offers quantitative analysis of leading marketplaces. Europe 2020: Ecommerce Region Report Download the European 2020 Ecommerce Regional Report for a full and in-depth analysis of one of the largest and most diverse B2C ecommerce markets in the world. Comments from Ecommerce Europe and Eurocommerce, the most important ecommerce and retail trade associations in Europe, Overview of the European B2C online retail market (34 countries), Country rankings in important ecommerce logistics indices, Country data pages with detailed charts and graphs, Q&As with 27 national ecommerce experts associations throughout Europe, Case study Q&As with leading experts in European ecommerce: Corsearch, Holland International Distribution Council and Revolte Studios, Partner perspectives: Asendia, ChannelAdvisor, Vtex and PFS, Case studies: Brexit, Covid-19 and M-Commerce, Growth and Change: from ‘Baskets’ to ‘Customers’. Ecommerce growth set to continue in 2020 Ecommerce Europe and EuroCommerce today jointly launched the European Ecommerce Regional Report 2020. and over 1 Mio. Now, when looking at the eCommerce landscape, we see a relatively mature market with established players and a clear set of rules. Revenues are expected to grow at a CAGR1 of 7.9% up to 2025, resulting in revenues of US$1,635.8 billion. Download the European 2020 Ecommerce Regional Report for an all-encompassing analysis of one of the largest and most diverse B2C ecommerce markets in the world. This report will help focus efforts and resources of the European Commission on countries and on the specific areas of concern, with the aim of improving IPR protection and enforcement worldwide. Ecommerce Europe presents the 2020 analysis of the European Ecommerce Market, in partnership with EuroCommerce. Western Europe most developed ecommerce market. Note: CAGR: Compound Annual Growth Rate / average growth rate per year, Christof Baron about Statista Even as consumers transitioned en masse to ecommerce during the pandemic, the drag caused by multiple recessions internationally has reduced the overall outlook. This report has been created by Ecommerce Operations for Ecommerce Europe and EuroCommerce with hand-selected data that will help national and overseas retailers to evaluate the potential for success in Europe. As a result of joining forces with EMOTA, Ecommerce Europe now represents, via its 25 national associations, more than 100,000 companies selling goods and services online to consumers in Europe. We use cookies so we can provide you with the best online experience. 2020 Digital Trends in Europe 6 EMEA companies focus on optimising the customer experience The Digital Trends 2020 report makes an overwhelming case for the value of customer experience investment. RetailX has just launched the Europe 2020: Ecommerce Regional Report, a full and in-depth analysis of one of the largest and most diverse B2C ecommerce markets in the world, available to download at RetailX.net priced at €999 or free to download for retailers.. We write about cross-border, payments, omnichannel and much more! Yet despite these foundations, Covid-19 has placed a heavy strain on the logistics of ecommerce trade across Europe, leading many consumers to buy online more often from local suppliers. Besides all relevant market figures like total and average revenues, and user numbers for the years from 2019 to 2025, we furthermore give detailed insights into current trends, key players and important background information on the eCommerce market. In other words, the Chinese market is expected to show the largest growth rates of the three major regions. Experts predict that retail ecommerce sales will reach $4.13 trillion in 2020. : +352 4398-1 Special Report no 12/2019: E-commerce: many of the challenges of collecting VAT and customs duties remain to … The 2019 European E-commerce Report has announced a growth in e-commerce of 13%, with sales of around 621 billion euros. Report. But this impression can be misleading – the digital transformation is not over yet and is unlikely to ever come to a halt, driven by the flow of innovation coming from numerous start-ups and a growing cashflowfrom fast-developing Asian economies. EU Newlegislation is expected in the forthcoming services digital act package, and this will set rules on how companies such as The report is targeted at the Members of the European Parliament (MEPs) and their teams, at the general public, interested entr epreneurs, and European decision makers in digital services. Ending unjustified cross-border barriers, facilitating cheaper cross-border parcel deliveries, protection of online customer rights and promoting cross border access to online content are cornerstones of the Digital Single Market Strategy. In the U.S. market, revenues of US$360.0 billion were generated in 2019. Download now to take advantage of this incredible opportunity and arm yourself with the knowledge to build a successful business in Europe. Update, Insights into the world's most important technology markets, Advertising & Media Outlook It devotes special attention to new developments since the last report and until 31 August 2019. Click on the banner to find out more. The prevailing mood among respondents to our executive survey is one of anxiety and concern. Growth in ecommerce sales reached €636 billion in 2019, up by 14.2% from the previous year. Report. The Europe 2020 strategy is the EU's agenda for growth and jobs for the 2010 - 2020 decade. THE UK MOBILE BANKING COMPETITIVE EDGE REPORT 2020: How the largest UK financial institutions rank ... Report. But according to Ecommerce Europe, the full impact of the virus will be visible next year. Most of the online turnover is still being generated in Western Europe, which accounts for approximately 70 percent of total European online retail turnover. The European Ecommerce Report 2019 provides an extensive description of the state of ecommerce in Europe. Europe includes some of the most mature ecommerce markets in the world, such as the United Kingdom and France, but also up-and-coming markets such as Serbia, Croatia and North Macedonia. The Europe 2020: Ecommerce Region Report shows that Western Europe is still the most developed ecommerce market in Europe. We show user demographics, selected key market drivers, online shopping attitudes, cross-border shares and payment types that eCommerce customers use. Please register as a member to get access to our content. How PEPCO and Poundland have Flexed and Focused - Webinar, RetailX Benelux 2020 Report in discussion, GUEST COMMENT The resuscitation of the Great British High Street, GUEST COMMENT How cross-border can help UK retailers beat the lockdown, EDITORIAL How retailers must adapt as peak sales go mobile and social, PEAK 2020 How couriers and retailers are responding to the ‘exceptionally high’ number of parcels to be delivered this year, How the retail and logistics industries are responding to high online demand and no deal Brexit fears, Superhuman online experiences: How AI empowers product discovery and inspiration, Made to order: Sustaining service and pivoting to omnichannel with a flexible supply chain, The range challenge: Offering more for less in the 2020 shift online, Smart delivery: Meeting customer demands in the Covid era. , we would like to tell you more accounts for 70 percent of the three major.! 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