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EUROPEAN E-COMMERCE FROM A GLOBAL PERSPECTIVE<br />
Online retail sales of goods around the world<br />
The strong relationship between traditional retailing of<br />
goods and services and the further growth of e-commerce<br />
is evident. All over the world more and more (domestic and<br />
international) retailers are investing in websites and<br />
starting to offer their goods and services online in<br />
addition to what they offer in their shops. The countries<br />
that are mentioned as “emerging and promising” markets<br />
for retail are often the same countries that are regarded as<br />
emerging countries with respect to e-commerce and online<br />
retail. In these countries we see an emergence of online<br />
offers.<br />
Over the years, the retail landscape in<br />
emerging countries is transforming from traditional<br />
markets and small, independent outlets to large shopping<br />
malls, hypermarkets and organised retail chains. These<br />
new retail formats are gaining market share at the expense<br />
of traditional businesses. Retailers are investing in global,<br />
emerging markets and are set to offer a multi-channel or<br />
omni-channel shopping facility, a combination of brick-and-<br />
mortar shops and online purchasing. Due to the further<br />
rapid penetration, the share of online retail is bound to<br />
grow rapidly over the coming years. The table shows the<br />
estimated 2012 share of online retail in the world:<br />
EUROPE <strong>B2C</strong> E-COMMERCE 19<br />
ESTIMATED SHARE THAT ONLINE RETAIL SALES OF GOODS HAS IN TOTAL RETAIL<br />
AROUND THE WORLD, IN BILLION EUROS, IN 2012<br />
Total retail sales of goods Online retail sales of goods Share<br />
<strong>Europe</strong> 3,600 180 5.0%<br />
USA 2,700 184 6.8%<br />
Asia Pacific 5,500 150 2.7%<br />
Latin America 1,500 30 2.0%<br />
World 14,500 578 4.0%<br />
Figure 17: Estimated share online retail goods of total retail, 2012