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.