E-commerce sales across Europe-5 (UK, Germany, France, Italy, Spain) are forecast to grow at a 7.8 per cent CAGR, reaching €565 billion (~$588.71 billion) by 2029.
Online retail will account for 21 per cent of total sales, led by the UK at 32 per cent.
Fashion, consumer electronics, and cross-border platforms will fuel growth.
Offline retail growth will slow to 1.7 per cent CAGR.
Online retail will account for 21 per cent of total sales, led by the UK at 32 per cent.
Fashion, consumer electronics, and cross-border platforms will fuel growth.
Offline retail growth will slow to 1.7 per cent CAGR.