{"id":9720,"date":"2023-03-20T10:58:26","date_gmt":"2023-03-20T09:58:26","guid":{"rendered":"https://cross-border-magazine.com/cn/?p=9720"},"modified":"2023-03-21T09:57:05","modified_gmt":"2023-03-21T08:57:05","slug":"france-ecommerce-current-state","status":"publish","type":"post","link":"https://cross-border-magazine.com/cn/france-ecommerce-current-state/","title":{"rendered":"France is the 7th largest market for e-commerce"},"content":{"rendered":"\n
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France is the 7th largest market for e-commerce globally, with a predicted revenue of US$91,645.5 million by 2023, placing it ahead of India.

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🔥Do you want to know more about international commerce and e-commerce and get all the tips and news that might give your company an edge? Subscribe to Cross-Border Magazine and get your digital copy now for free!🔥

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Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 8.5%, resulting in a projected market volume of US$126,879.3 million by 2027. 

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With an expected increase of 18.1% in 2023, the French eCommerce market contributed to a worldwide growth rate of 17.0% in 2023. Like in France, global eCommerce sales are expected to increase over the following years.

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Five markets are considered by ecommerceDB within the French e-commerce market. Fashion is the largest market and accounts for 33.1% of French e-commerce revenue. It is followed by Food & Personal Care at 22.9%, Electronics & Media at 16.9%, Furniture & Appliances at 13.6%, and Toys, Hobby & DIY with the remaining 13.6%.

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B2C e-commerce in France expects to grow 7.36%

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B2C e-commerce market in France is expected to grow by 7.36% on an annual basis to reach US$154.3 billion in 2023. The Medium to long-term growth story of the B2C e-commerce industry in France promises to be attractive.

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The B2C e-commerce is expected to grow steadily over the forecast period, recording a CAGR of 6.20% during 2023-2027. The country's B2C Ecommerce Gross Merchandise Value will increase from US$143.7 billion in 2022 to US$196.2 billion by 2027.

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This report provides a detailed data-centric analysis of B2C e-commerce market dynamics, covering over 100 KPIs in France. It details market opportunities across key B2C verticals - Retail Shopping, Travel & Hospitality, Online Food Service, Media and Entertainment, Healthcare and Wellness, and Technology Products and Services.

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It provides market share by key players across key verticals along with sales channels (Platform to Consumer, Direct to Consumer, Consumer to Consumer). In addition, it provides spending patterns by payment instruments along with a snapshot of consumer behavior in France.

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Niche trends for e-commerce in France

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The report also covers niche trends such as market size by live streaming engagement model and cross-border purchases. It also covers e-commerce spend share by operating systems, devices (mobile vs. desktop), and cities.

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In addition, to detailed data-centric analysis, this report provides analyst commentary on key trends, drivers, strategies, and innovations in the B2C e-commerce industry in France.

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This report provides a detailed data-driven look at the France B2C e-commerce industry, covering various segments and highlighting areas of interest across the verticals in the industry. In addition, it provides a comprehensive understanding of market dynamics and future forecasts.

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France is the 7th largest market for e-commerce globally, with a predicted revenue of US$91,645.5 million by 2023, placing it ahead of India. 🔥Do you want to know more about...

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