Double-digit growth expected for European cross-border B2C E-Commerce after 2020, reports yStats.com yStats.com, a leading secondary market research firm headquartered in Hamburg, Germany, has released a new market report entitled “Europe Cross-Border B2C E-Commerce Market 2020.” The publication reveals figures for over 28 European countries and projects that international online sales in this region are expected to grow at a double digit rate for a few years following 2020. Full report here: https://bit.ly/3eqFClY

1. PRESS RELEASE
Hamburg, February 19th
, 2020
Double-digit growth expected for European cross-border B2C E-Commerce
after 2020, reports yStats.com
yStats.com, a leading secondary market research firm headquartered in Hamburg, Germany, has released a new market
report entitled “Europe Cross-Border B2C E-Commerce Market 2020.” The publication reveals figures for over 28 European countries
and projects that international online sales in this region are expected to grow at a double digit rate for a few years following 2020.
High growth opportunity for cross-border B2C E-Commerce sales
The share of online shoppers in Europe making purchases from web stores in other countries has increased significantly over the past
decade, nearing 50% in 2019. Nevertheless, there is still room for further growth. Cross-border B2C E-Commerce sales in Europe are projected
to grow at a double-digit rate at least through 2022. The top destinations for cross-border online shopping revealed in the yStats.com report
included China, the UK, Germany, France and the USA. As a result, marketplaces and online retailers from these countries were ranked as the
top cross-border E-Commerce platforms, such as AliExpress, ASOS, eBay, Fnac, Zalando, and Wish.
Concerns over Brexit’s impact on cross-border online retail trade
While the UK was the top European country purchased from by cross-border online shoppers in this region, a high double-digit share
of those buyers also admit that additional charges such as customs clearance and other taxes would prevent them from purchasing on foreign
websites. Conversely, a similar amount of UK buyers on European websites would be discouraged from continued shopping by extra costs at
checkout.
For further information, see: https://www.ystats.com/market-reports/europe-cross-border-b2c-e-commerce-market-2020/
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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to
providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our
areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover
a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide
selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide,
including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an
expertise in the areas of B2C E-Commerce and Online Payment.