Final yr, the whole on-line cross-border market in Europe generated a turnover of 265 billion euros. At the very least 63 p.c, 167 billion euros, was generated by marketplaces. These information embody world cross-border sellers, similar to Amazon and AliExpress.
These information come from the fourth version of the “TOP 100 Cross-Border Marketplaces Europe” from Cross-Border Commerce Europe. The research appears into world on-line cross-border platforms working throughout the European Union, together with the UK.
€167 billion generated by marketplaces
In line with the report, these sellers generated a cross-border turnover in Europe of 265 billion euros (excluding journey) final yr. And 167 billion euros was generated by marketplaces. Amazon and eBay account for practically half of the marketplace-driven commerce, with an anticipated mixed GMV of 55 billion euros and 23.2 billion euros in 2022.
Marketplaces are anticipated to generate 65% of cross-border on-line gross sales in Europe by 2025.
Marketplaces have grown 9.3 p.c after the Covid-19 pandemic. The expansion is supported by hybrid B2C and pure C2C marketplaces. By 2025, marketplaces are anticipated to generate 65 p.c of cross-border on-line gross sales in Europe.
High 10 world cross-border marketplaces in Europe
The highest 10 world cross-border marketplaces working in Europe remains to be largely dominated by marketplaces coming from america. Six out of the ten locations are crammed by these corporations.