Shaping the future of digital commerce
E-commerce turnover forecast to reach the €500 billion mark in 2016
With a growth rate of 13.3% in 2015, the e-commerce turnover grew by double digits to €455.3 billion. For this year the e-commerce turnover will keep increasing and is forecast to reach the €500 billion mark!
‘The full potential of the European e-commerce market has not yet been reached’, Marlene ten Ham, Ecommerce Europe’s Secretary General told European Business Review (EBR). ‘Only 43% of the European population shop online and only 16% of them buy in another country’. The fastest growing e-commerce markets are Ukraine (35% compared to 2014), Turkey (34.9%) and Belgium (34.2%); Germany and the UK are the greatest markets in terms of e-shoppers, 51.6 million vs 43.4 million. However, there are still several barriers to overcome to unlock the full potential of the e-commerce sector in Europe: cross border legal fragmentation, taxation issues (VAT) and logistics.
For EBR a good reason to choose e-commerce as subject for the special report of this issue. We thank Ecommerce Europe for their well appreciated cooperation to realise this special report.
N. Peter Kramer
Editor-in-chief
European Business Review
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Ecommerce Europe Annual Conference: “Shaping the future of digital commerce
“This year the E-commerce Europe Annual Conference was very interesting as it brought forward the very latest facts and figures as well as trends for the European and global e-commerce industry.” - Carine Moitier, Director of BeCommerce and Board Member of Ecommerce Europe
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Ecommerce Europe is the association representing 25,000+ companies selling goods and/or services online to consumers in Europe. European Business Review had an exclusive interview with the Secretary General of the association, Mrs Marlene ten Ham
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The EU is facing crucial challenges that will impact its policies at all levels but also its nature itself. In this context, a wide range of dossiers linked to the European Commission’s Digital Single Market (DSM) Strategy will be affected