UK B2C E-Commerce Sales Forecasts: 2017 to 2021

  • ID: 4433210
  • Report
  • Region: United Kingdom, Great Britain
  • 28 pages
  • yStats GmbH & Co. KG
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Compound Annual Growth Rate of Maturing UK Online Retail Projected to be Less than 10% says Report

FEATURED COMPANIES

  • Amazon.com Inc.
  • Argos Group BV
  • Dixons Carphone PLC
  • John Lewis PLC
  • Tesco PLC
  • MORE

Online retail sales growth in double digits for 2017 compared to 2016 is expected, but authoritative sources cited in the yStats.com report foresee growth at a rate below 10% through 2021 in the United Kingdom after the current year. Over 75% of the adult population already shops online and the share of B2C E-Commerce of total retail sales, already one of the highest in the world, is expected to be near 20% by 2021. Each of the country’s top 10 online retailers, led by Amazon and Tesco, already report online sales above a billion GBP per year.

While growth in the advanced UK market will slow, online retail sales expansion will continue, led by increases in shopping through mobile devices and the click and collect mode. Retailers continue to make investments in technology to improve the online purchasing experience. Projections in the report show the UK further increasing its lead in B2C E-Commerce in Western Europe, accounting for around one third of total online retail sales in the region by 2021, even though it will lose a small share of global online sales due to the rapid growth in emerging markets.

Questions Answered in this Report

  • How high is the UK’s share of online retail sales in Western Europe and worldwide?
  • What are the predictions for B2C E-Commerce sales growth in the UK through 2021?
  • What are the estimates for online share of total retail sales in the UK in 2017 and in 2021?
  • Who are the largest B2C E-Commerce market players in the UK?
  • Which market trends are predicted to impact the development of UK online retail through 2021?
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FEATURED COMPANIES

  • Amazon.com Inc.
  • Argos Group BV
  • Dixons Carphone PLC
  • John Lewis PLC
  • Tesco PLC
  • MORE

1. Management Summary

2. Market Overview and International Comparisons
B2C E-Commerce Market Overview and International Comparisons, June 2017
UK’s Share of Global Retail E-Commerce Sales in Western Europe and Worldwide, in %, 2017f & 2021f
M-Commerce Share of Retail E-Commerce Sales, in % and in GBP billion, 2017f & 2021f
Online Shopper Penetration, in % of Adults, 2012-2017
Product Categories Purchased Online, in % of Adults, Q1 2017
Breakdown of Payment Methods Preferred in E-Commerce, in % of Online Shoppers, February 2017
Top 20 Retailers by B2C E-Commerce Sales, in GBP million, FY 2015/2016

3. Overview of Sales and Shares Forecasts
B2C E-Commerce Sales, in GBP billion, by Six Comparative Estimates, and CAGR, in %, 2016 – 2022f
B2C E-Commerce Share of Total Retail Sales, in %, by Three Comparative Estimates, 2016 - 2022f

4. Sales Forecasts
B2C E-Commerce Sales, in GBP billion, 2017f & 2022f
Retail E-Commerce Sales, in GBP billion, and Year-on-Year Change, in %, 2016 - 2021f
B2C E-Commerce Sales, in GBP billion, 2016 & 2021f
B2C E-Commerce Sales, in GBP billion, by Baseline and Enhanced Scenario, 2016 & 2021f
B2C E-Commerce Sales, in GBP billion, 2015 - 2017f
B2C E-Commerce Sales, in GBP billion, 2015 - 2017f

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FEATURED COMPANIES

  • Amazon.com Inc.
  • Argos Group BV
  • Dixons Carphone PLC
  • John Lewis PLC
  • Tesco PLC
  • MORE

UK E-Commerce Growth Rates to Decline to Below 10%

The UK is one of the largest and the most advanced B2C E-Commerce markets in Europe and worldwide. More than three-quarters of the adult population already shop online, purchasing a wide range of product categories from groceries to clothing. The country’s top 10 E-Commerce market players, led by Amazon and Tesco, each generate online sales of more than 1 billion pounds per year, according to a ranking cited in the yStats.com report. B2C E-Commerce already accounts for a double-digit share of total retail sales in the country, and is projected to approach at least one-fifth in the next five years.   

With the popularity of online shopping thus already high, most original sources cited  in the yStats.com report expect moderation of the growth pace. Through 2021, the E-commerce market  in the UK is projected to see a compound annual growth rate of below 10%. According to some forecasts, the year-on-year percentage increase in online sales in 2021 could be about half of 2017’s rate, when it was still in double-digits. Nevertheless, the rapid rise of shopping trends such as M-Commerce and click-and-collect, combined with retailer investment into new technologies including virtual reality and chatbots, could secure solid growth of Internet retail at a rate much higher than pure store-based retail. At the end of the forecast period, the UK is expected to lose a percentage point in global E-commerce sales due to a more rapid expansion of emerging economies, but strengthen its  leadership in Western Europe with  a share of around one-third of total online retail in the region.

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  • Amazon.com Inc.
  • Argos Group BV
  • Dixons Carphone PLC
  • John Lewis PLC
  • Tesco PLC
Note: Product cover images may vary from those shown
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The methodology is available for download below.
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Note: Product cover images may vary from those shown
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