Online Retail in Finland industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The online retail market includes all sales within Clothing & Footwear, Electricals, Food & Grocery, Health & Beauty, Home and Other (Books, News & Stationery, Jewelry & Watches, Luggage & Leather Goods, Music, Video & Entertainment Software, Sports & Leisure Equipment and others) segments, provided they take place over the internet, where the payment does not occur in-store on a later occasion. Data is included irrespective of whether the vendor is a pure-play internet company or the online offering of a bricks and mortar retailer. Online specialists retailers include sell only via the internet. Other online retail is a sell done online by retailers that also operate via offline channels (in-store, mail order, direct selling, etc.)
- The Finnish online retail market had total revenues of $7,227.2m in 2021, representing a compound annual growth rate (CAGR) of 14.7% between 2017 and 2021.
- Online Specialists account for the largest proportion of sales in the Finnish online retail market in 2021, sales through this channel generated $4,141.3m, equivalent to 57.3% of the market's overall value.
- The COVID-19 pandemic has increased online sales, especially in older age groups. In 2019, 65% of the 18-74 demographic bought products online; in 2020 it increased to 73.2%. While in the past eight years, the share of ecommerce consumers in the age group 65-74 nearly doubled. It tripled in the 75-89 age group, but remained well below younger demographics as a percentage of total online activity according to the data published by International Trade Association.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the online retail market in Finland
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online retail market in Finland
- Leading company profiles reveal details of key online retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Finland online retail market with five year forecasts
Reasons to Buy
- What was the size of the Finland online retail market by value in 2021?
- What will be the size of the Finland online retail market in 2026?
- What factors are affecting the strength of competition in the Finland online retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Finland's online retail market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Zalando SE
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 35 |
Published | January 2023 |
Forecast Period | 2021 - 2026 |
Estimated Market Value ( USD | $ 7.23 Billion |
Forecasted Market Value ( USD | $ 10.79 Billion |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Finland |