Cross-Border Commerce Europe’s Post

In 2023/2024, the European cross-border e-commerce market hit €326 billion, with online marketplaces contributing 69% of this total. Leading platforms like Amazon and eBay maintain significant dominance. However, the top 100 marketplaces have seen a 39.29% growth, reaching €197.01 billion. Despite projected slight declines in marketplace share by 2025, cross-border GMV continues to grow, with almost all visitors expected to engage in cross-border shopping, signaling ongoing expansion in the sector. Here are some key takeaways: The e-commerce landscape is rapidly changing, driven by multichannel strategies and the rise of Chinese marketplaces. Sellers increasingly diversify their platforms, driven by high Amazon costs, market saturation, and the need for brand independence. Shein and Temu disrupt global competition with direct-from-manufacturer models, low prices, and social media-driven marketing, though their growth raises regulatory concerns over local business impacts and labor practices. The success of global e-commerce will depend on how effectively Western companies adapt through innovation and tackle challenges in an increasingly competitive and regulated market. Read more by following the link:  https://lnkd.in/dTyjUBVJ #NovaGlobal #NovaGlobal_trends #ecommercemarket #ecommerce #crossbordershopping #globalecommerce

Marketplace Model in Europe 🛍 Foxintelligence and ChannelX have published reports on the state of online marketplaces in Europe. The data aims to showcase marketplace growth, share, and traffic trends across the continent. 📊 Marketplace Growth by Country Marketplaces account for 30-45% of online sales in the top EU markets. The strongest growth was observed in Spain, Germany, and the UK, reaching 40-45%. Netherlands and France show lower penetration with 30-32% marketplace share. Austria and Italy lead the pack with a 45-46% marketplace share. 🚦 Entities vs. Traffic Marketplaces represent 21% of the Top 1000 companies but command 53% of all traffic. Pure retailers make up 42% of the Top 1000 but only generate 13% of the traffic. DTC (direct-to-consumer) businesses hold equal shares in both the number of entities and traffic. 🏆 Marketplace Leaders General marketplaces drive 77% of all marketplace traffic. Amazon captures 17% of traffic, while eBay follows closely with 14%. Smaller players like AliExpress and Allegro contribute only 3-4% to the traffic share. ~~~ ✍️ Can smaller players catch up to Amazon and eBay's dominance? ♻️ Reshare if this resonates with you. 💌 To never miss insights like this subscribe to MarketMaze. Link in bio #Amazon #eBay #Foxintelligence #channelx #marketplace #ecommerce

Cross-Border Shopping in Europe🛍️ Cross-Border Commerce Europe, with support from FedEx and Poste Italiane, released the “TOP 100 Cross-Border Marketplaces Europe” report, revealing the critical role of marketplaces in Europe’s cross-border e-commerce landscape. 📊 EU cross-border market sees rapid growth The EU cross-border e-commerce market reached $345B in 2023/2024, with 69%, or $225B, generated by online marketplaces. The top 100 marketplaces grew 39.3%, reaching $197B in turnover, driven by platforms like Amazon and eBay, which capture over 50% of total marketplace sales. 🌍 Future growth despite market maturation By 2025, 97.3% of marketplace visitors are expected to be cross-border, but marketplace share of total e-commerce GMV will decline slightly from 69% to 67.9%. ~~~ ✍️ Will smaller retailers benefit from Europe’s marketplace boom? ♻️ Reshare if this resonates with you. 💌 To never miss insights like this subscribe to MarketMaze. Link in bio #Amazon #eBay #CrossBorderCommerce

🇪🇺 Discover the Driving Forces Behind Europe's Thriving E-commerce Market in 2024! Are you interested in learning which leading European e-commerce platforms will be influencing digital retail in the future? In our most recent post, we offer a thorough examination of the major online marketplaces that are revolutionizing European consumers' online shopping experiences, from well-known giants like Amazon and eBay to rapidly developing brands like Allegro and Zalando. Click the link to read the full report: https://lnkd.in/dx_HXNSD #Ecommerce #OnlineMarketplaces #EuropeanMarket #DigitalRetail #BusinessInsights

🌀Top E-commerce Insights of 2024: 1️⃣ Marketplace Growth and Evolution Throughout 2024, we collected a wealth of insights, which we’ve distilled into crisp, data-packed decks revealing the state of global e-commerce and marketplaces. Key insights from the "Marketplace Growth & Evolution": 📉 Growth slows down: Post-pandemic, GMV growth dropped to 7% CAGR (vs. 22% in 2018–2021). 💼 3P dominance: Third-party sellers now drive 77% of marketplace GMV globally. In the US, major 3P marketplaces (Amazon, Walmart) outpace 1P e-commerce 🌟 Specialization wins: Niche marketplaces are outsmarting giants, especially in Europe. 📊 EU’s marketplace shift: 30–45% of online sales in Western Europe now come from marketplaces. 🌐 Traffic speaks: Marketplaces make up 21% of Top1000 e-commerce players, yet drive 47% of all traffic. Biggest takeaway? Marketplaces are no longer just about scale. They’re evolving into specialized ecosystems that deliver tailored value. This is the first installment of our 2024 insights series. What’s next? Stay tuned. 👀 Let us know your thoughts: Are marketplaces still the future? Or are they hitting their peak? 💌 Like or Reshare if you find it insightful! #Ecommerce #Marketplaces #Chart #OnlineShopping

Marketplaces Revolutionize eCommerce: The Rise of Retail Media Marketplaces are booming globally to become one of the most significant parts of global digital commerce. The biggest digital marketplaces are colossal, with household names like Amazon, Airbnb, Alibaba, and Uber. With their scale, marketplaces have become the largest online retailers in their respective countries. The Amazon Marketplace is the largest online retailer in the US, surpassing Amazon itself. Marketplaces are revolutionizing the way we shop, making it easier and more convenient for consumers to find and purchase products. They're also changing the retail landscape, forcing traditional retailers to adapt and innovate. Want to stay ahead of the curve in eCommerce? Let Purple Cow help you navigate the changing retail landscape and capitalize on the opportunities presented by marketplaces. Website: www.purplecowservices.com Email ID: info@purplecowservices.com Mobile: +1 (914) 977 5459 #MUB #PCIS #PurpleCowServices #PurpleCow #eCommerce #Marketplaces #RetailMedia #DigitalCommerce #GlobalMarketplaces #RetailLandscape #Innovation #Adaptation #PurpleCowServices

In the financial year 2023/2024, the whole European online cross-border market achieved sales of 326 billion euros. A large majority, 69 percent, or 225 billion euros came from online marketplaces. #ecommerce #statistics #marketplaces #crossborder Cross-Border Commerce Europe

"Marketplaces represent 50% of online purchases." - Yes, AND? Such stats are shared regularly, whether globally, in the US, or in Germany. Technically correct, but it simply shows that marketplaces are common among big e-commerce players. That’s it. Just because online retailers are now classified as marketplaces doesn't mean sales are made via 3P sellers. For example, many supermarkets have a marketplace. While the vast majority of their sales come from drive-through groceries, they are accounted as a marketplace because the retailer became one technically. Does this reflect the reality of the market? Absolutely not. The biggest marketplaces average 30 to 40% of their GMV, with a controlled strategy to prevent their 1P and own brands from being overshadowed. Considering this number as the average for a country, or globally, is unrealistic. #marketplace

Marketplaces Revolutionize eCommerce: The Rise of Retail Media Marketplaces are booming globally to become one of the most significant parts of global digital commerce. The biggest digital marketplaces are colossal, with household names like Amazon, Airbnb, Alibaba, and Uber. With their scale, marketplaces have become the largest online retailers in their respective countries. The Amazon Marketplace is the largest online retailer in the US, surpassing Amazon itself. Marketplaces are revolutionizing the way we shop, making it easier and more convenient for consumers to find and purchase products. They're also changing the retail landscape, forcing traditional retailers to adapt and innovate. Want to stay ahead of the curve in eCommerce? Let Purple Cow help you navigate the changing retail landscape and capitalize on the opportunities presented by marketplaces. Website: www.purplecowservices.com Email ID: info@purplecowservices.com Mobile: +1 (914) 977 5459 #MUB #PCIS #PurpleCowServices #PurpleCow #eCommerce #Marketplaces #RetailMedia #DigitalCommerce #GlobalMarketplaces #RetailLandscape #Innovation #Adaptation #PurpleCowServices