Final 12 months, the whole on-line cross-border market in Europe generated a turnover of 265 billion euros. At the least 63 p.c, 167 billion euros, was generated by marketplaces. These knowledge embody international cross-border sellers, reminiscent of Amazon and AliExpress.
These knowledge come from the fourth version of the “TOP 100 Cross-Border Marketplaces Europe” from Cross-Border Commerce Europe. The examine seems into international on-line cross-border platforms working throughout the European Union, together with the UK.
€167 billion generated by marketplaces
In accordance with the report, these sellers generated a cross-border turnover in Europe of 265 billion euros (excluding journey) final 12 months. 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.
Prime 10 international cross-border marketplaces in Europe
The highest 10 international cross-border marketplaces working in Europe continues to be largely dominated by marketplaces coming from the US. Six out of the ten locations are stuffed by these corporations.