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France E-Commerce Market 2019-2024 Regional Segmentation by Industry Size, Share, Market Dynamics, CAGR Status, and Forecast

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France E-Commerce

The “France E-Commerce Market” report delivers data about the landscapes which drive the development of France E-Commerce industry. The France E-Commerce market consists of large key companies who play a vital role in the production, manufacturing, sales, and distribution of the products. France E-Commerce market research report provides crucial information related to overall France E-Commerce market with respect to market size, applications, end-user industry size, types, and various other factors.

Scope of the Report:

  • E-commerce or electronic commerce is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.

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    Market Overview:

  • The France eCommerce Market was valued at USD 104 billion in 2018 and is expected to reach USD 185 billion by 2024, recording a CAGR of 10.04%, over the forecast period of 2019-2024..The European e-commerce market has been recording robust growth, thus offering exciting opportunities for online retailers, across various sectors. France is one of the major consumer markets in Europe and an important market for e-commerce. The French e-commerce market is just below the European average, in terms of Internet penetration, the percentage of e-commerce consumers, and average expenditure. One of the major factors responsible for the moderate growth rate may be that internet penetration is comparatively lower in France (especially in the rural areas), than other major EU countries. However, with the French government’s drive to increase internet access, the number of consumers shopping online is expected to increase, over the forecast period.
  • As digital buyers in France continue to shift away from PCs, the share of mobile traffic from business-to-consumer (B2C) e-commerce sites in France is rapidly increasing.
  • As e-commerce and m-commerce continue to grow in France, both locally and across borders, cybercrime incidents are also increasing at a rapid pace.
  • Private sales websites in France are still dominated by Vente-privee. com and showroomprive.com. They present limited time, ‘flash’ sales of big brand clothing for the whole family and offer reductions between 30% and 70%, compared to in-store prices. They also offer travel and leisure products, household items, and even cars, in the case of Vente-privée.
  • Driven by the increase in online shoppers, purchase frequency and the development of the offer, online shopping in France is expected to continue to grow over the forecast period, and exceed EUR 90 billion, in 2018. At this rate, the EUR 100 billion marks is expected to be crossed by the end of 2019.

    Competitive Landscape: The report also presents the market competitive landscape and a corresponding detailed analysis of the major players in the market. France E-Commerce Market Segment by Key Players 

  • Amazon Services Europe S.a.r..l
  • Cdiscount S.A.
  • eBay France SAS
  • La Redoute SA (Motier SAS)
  • PriceMinister SAS (Rakuten Group)
  • Group Auchan SA
  • Groupe Fnac Darty
  • Vertbaudet France comapny
  • Leroy Merlin retail compaany
  • Carrefour S.A.

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    Key Market Trends:

    Fashion is Expected to be a Significant Product Type

    Paris remains an official fashion capital alongside Milan, New York, and London, as well as an increasing number of cities seeking to cement their presence in the industry. Despite a considerable degree of competition from these cities, fashion is a deep-rooted aspect of France’s culture and its international profile.
    Online third-party retailers continue to grow and consolidate the market as well. Since it’s North American inception, Vente-privée has focused its development on the European market and has been building scale across countries before a potential IPO. After the acquisition of a Belgian company in 2015, it acquired two additional groups in Europe during the first semester 2016, Eboutic.ch in Switzerland for an undisclosed value, and Privalia in Spain for EUR million.
    At a time of considerable economic difficulty in France, the country’s fashion industry is still emerging as victorious, as demonstrated by the steady growth in revenues. According to a recent report by the French Fashion Institute (IFM), the sector outperforms several major high-ticket trades, including aerospace and car production.
    However, it is also fair to assume that as online fashion portals become more successful, they might think about launching their own lines to solidify their brand. Also, in the bid to control production for high quality, France’s Industry of the Future initiative for a burgeoning specialist manufacturing sector is expected to come to the force.

    Toy, Hobby, and DIY Segment Accounts for a Major Share in the Market

    The market for toys and games in the country is vast and diverse. In 2016, the market generated a turnover of EUR 3.4 billion Euros. The market experienced a growth of 1% in 2016, which is less than the 3.4% growth seen in 2015.
    Apart from this, the average expenditure in 2015 on toys reached EUR 321 per child in France. Furthermore, expenditure per child in France is 60% higher than the European average, posing a positive outlook for e-commerce toys market.
    The conventional toys and games like puzzles and plush toys are expected to remain in good standing in the upcoming years. Those that are able to continually adapt and remain innovative will gain additional attention from buyers.
    In France, players already exist for tires and for parts involved in vehicle maintenance such as filters and brakes such as Allopneus, and online auto parts is likely to achieve greater market penetration in the next few years. Penetration of e-commerce is poised to increase in auto part sales as they facilitate customers’ research processes as customers are turning to online communities and reviews, among other digital platforms, as a way to improve their purchasing decisions.

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    There are 4 key segments covered in this France E-Commerce Market report:

    • Competitor segment
    • Product type segment
    • End-use/application segment
    • Geography segment

    What does this report deliver?

    • Comprehensive analysis of the France E-Commerce market with respect to regions.
    • Complete coverage of all the segments in the France E-Commerce market to analyze the trends, developments in the global market and forecast of market size up to 2024.
    • Comprehensive analysis of the companies operating in the France E-Commerce market.
    • The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
    • The growth matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

    France E-Commerce Market Report TOC Contains the Following Points:

    • Introduction of Market or Scope of Report
    • Research Methodology of France E-Commerce Market
    • Executive Summary of France E-Commerce Market
    • Overview of France E-Commerce Market
    • Market Drivers, Restraints, Opportunities, and Key Challenges of France E-Commerce Market
    • France E-Commerce Market Segmentation by Product Type, Applications, and End-Users
    • Competitive Landscape by New Product Launches, Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships
    • France E-Commerce Market Analysis by Key Players
    • Future Trends and Recent Developments of France E-Commerce Market

    For Detailed TOC Click Here

     

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    Our Other Report: Automotive Fuel Filter Market 2019 Analysis and Outlook, Demand, Industry Size, Future Trends and Industry Growth Research Report 2025

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