BNPL solution Billie forecasts 1.7 trillion euros for B2B goods by the end of 2025

April 2, 2024 by
Frank Calviño

The total European value of B2B goods sold online is estimated to reach 1.7 trillion euros by 2025. However, the report claims that B2B sellers in Europe will still need to utilize all available opportunities, off and online. Most of them only allow local buyers to shop for their goods.

These data come from an analysis published by Billie, a BNPL solution for B2B sellers. According to the study, the worldwide value of the online B2B market was worth 6.5 trillion euros in 2022. A growth of 18 percent is estimated between 2023 and 2030.

The European market is still much more minor, estimated to reach 1.7 trillion euros by 2025. While e-commerce plays a dominant role in B2C, it still has not penetrated that much into the online B2B market. According to Billie, only 50%  of B2B buyers use e-commerce platforms

Scandinavia expects up to 92% of B2B to be online 

Scandinavia is an exception, as 92% of the surveyed B2B companies expect sales to happen online. Almost one in four B2B companies already generate sales through e-commerce.

Billie's numbers match the official forecast from the European Retail eCommerce Consumer, which totals the value of goods sold online in Europe reaching $1.8 trillion USD by 2025. The same report indicates that when it comes to buying and selling in the European region, the business’ website is overwhelmingly the preferred channel to acquire new consumers and inform visitors about a sale.

CIRRO announces the strategic partnership with GoodZero in carbon offsetting and CSR efforts
By CIRRO - Amsterdam, Netherlands, April 18, 2024 (GLOBE NEWSWIRE) -- CIRRO, a leading global e-commerce logistics and fulfillment service provider, has joined forces with GoodZero, to decarbonize its operations...
April 23, 2024
Salesupply introduces Hybrid AI Chat for e-commerce customer service 
Profitability and cost savings are the two main challenges within e-commerce. The new Hybrid AI Chat solution by Salesupply helps online stores with both challenges. The solution enables merchants to...
April 23, 2024
PostNord International Announcement: Our journey towards global excellence
By PostNord - PostNord's international operations are brought together under joint management with the aim of capturing the growth potential for imports and strengthening our market leadership. We have reached...
April 22, 2024
Top crossmenu

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close