Europeans spend on the Internet 40.2 billion euros
For the first time in history, the UK ranked first in Europe in retail sales online, ahead of Germany. According to Mintel statistics , last year, British stores gained? 9.79 billion, and Germans only? 9.71 billion. At the same time, Germany remains Europe’s largest economy, but for some reason, UK online stores work better. The third place among European countries was taken by France with the turnover of online stores of? 6.5 billion.
In total, the United Kingdom, Germany and France make up two thirds (65%) of European online retailers, totaling € 40.2 billion in 2005. In general, this market showed a staggering 51% growth in a year (in 2004 He was equal to? 26.6 billion), but so far online stores account for no more than 2% of the total retail turnover in the European Union. According to Mintel experts, by 2010 this share will increase to 5%.