UK e-commerce reaches 222 billion euros in 2020 | Instant news

UK e-commerce is valued at 222.5 billion euros at the end of this year. This means an increase of almost 11 percent compared to the situation last year, when the amount of b2c sales was equal to more than 200 billion euros.

Last year, UK e-commerce finally surpassed the key milestone of 200 billion euros. Now, it is slated to add an additional 22 billion euros above that, hoping that the UK’s online retail industry will have a value of 222.5 billion euros by the end of the year.

Projected growth of 10.96 percent is the smallest growth rate since 2016, when the industry increased by only 4.47 percent, according to a study from RetailX.

UK e-commerce is expected to grow by 10.96%.

The UK, the largest e-commerce marketplace between Europe and European consumers, is a very digital society, with 96% of the population expecting to use the Internet this year. Last year, 87% of Internet users bought something online.

The UK’s most popular parcel delivery provider

According to RetailX Analysis, Royal Mail (52.7 percent) is the UK’s most popular parcel delivery provider. This was followed by smaller players such as Hermes (16.1%), DPD Group (14.2%), ParcelForce (4.7%), DHL (4.1%), Jodel (3.1%), UPS (2.8%) and Kingdom Post United (2.2 percent). )

Clothes are the most returned product category

The most frequently returned product categories among British consumers are clothing (30 percent), followed by shoes (13 percent) and consumer electronics (7 percent).

Royal Mail is the UK’s most popular parcel delivery provider.

In this study, the most popular items purchased online in the UK are also shown. Clothing and sporting goods are number one (60 per cent), followed by household goods (49 per cent), vacation accommodation (44 per cent) and travel arrangements (43 per cent).

Amazon is the favorite online clothing platform. It was followed by Marks & Spencer, Asus, Denhams, Argos, Topshop and Zalando.

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