Germany E-Commerce Market Growth Rate (CAGR) of 23.1% | Industry Foreast and Analysis 2023-2028

IMARC Group, a leading market research company, has recently releases report titled "𝐆𝐞𝐫𝐦𝐚𝐧𝐲 𝐄-𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖." The study provides a detailed analysis of the industry, including the Germany E-commerce market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What is the Market Prediction for Germany E-Commerce?

The Germany E-commerce market is expected to exhibit a growth rate (CAGR) of 23.1% during 2023-2028.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/germany-e-commerce-market/requestsample

What is E-Commerce?

E-commerce, alternatively referred to as electronic commerce, represents the commercial transaction of goods and services over the internet. They are mainly conducted via numerous business models, including business-to-customer (B2C), customer-to-customer (C2C), business-to-business (B2B), and others. E-commerce platforms provide multiple advantages over conventional brick-and-mortar solutions, such as enhanced profit margins, minimized inventory cost, attractive discounts, hassle-free delivery of goods and services, etc. Consequently, they find extensive utilization across several sectors in Germany, including travel, leisure, retail, financial services, media, etc.

What are the Growth Prospects and Trends in the Germany E-Commerce Market?

The increasing internet penetration and the elevating adoption of smart devices are among the key factors driving the Germany e-commerce market. In addition to this, the shifting preferences among various conventional brick-and-mortar businesses toward e-commerce platforms to control overhead costs, expand their consumer base, and improve product sales are acting as significant growth-inducing factors. Besides this, the emerging trend of online shopping, especially among the millennial and urbanized masses, for improved convenience and doorstep delivery is further stimulating the market growth. Apart from this, the growing consumer awareness about the benefits of e-commerce platforms, which include real-time shipping and delivery status, easy access to information regarding products, secured payment gateways, discounts and cashback offers, etc., is also positively influencing the market across the country. Moreover, the escalating penetration of leading international e-commerce companies that are providing advanced point-of-sale terminals, overseas delivery options, app-based commercial platforms, etc., and the development of online platforms integrated live tracking, artificial intelligence (AI), predictive analytics, and other technologies., are expected to propel the Germany e-commerce market over the forecasted period.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=3788&method=1

Note: The Report offers a comprehensive analysis of the industry, which comprises insights on the global market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Who are the Key Players Operating in the Germany E-Commerce Industry?

The competitive landscape of the industry has also been examined with some of the key players.

• Amazon
• Ebay Inc.
• Idealo (Axel Springer SE)
• Lidl Stiftung & Co. KG
• MediaMarkt
• OBI GmbH & Co.
• Otto GmbH & Co KG
• Tchibo GmbH
• Thomann GmbH
• Zalando SE.

What is Included in Market Segmentation?

The report has categorized the market based on type and transaction.

Breakup by Type:
• Products
o Home Appliances
o Apparels, Footwear and Accessories
o Books
o Cosmetics
o Groceries
o Others
• Services
o Financial
o Digital Content
o Travel and Leisure
o Others

Based on Transaction:
• Business to Business (B2B)
• Business to Consumer (B2C)
• Consumer to Consumer (C2C)
• Others

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐓𝐨𝐜 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/germany-e-commerce-market

Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis

• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.