The biggest player in the UK eCommerce Market is amazon.co.uk. The store had a revenue of US$14.7 billion in 2020. It is followed by tesco.com with US$5.9 billion revenue and argos.co.uk with US$5.3 billion revenue. Altogether, the top three stores account for 25% of online revenue in in the United Kingdom.
Store rankings are based on every store that generates revenue in in the United Kingdom. These stores can either have a national focus and only sell in their main country or operate on a global scale. For this evaluation, only revenue created in in the United Kingdom was considered.
One of the fastest-growing stores in the UK market is gymshark.com. The store achieved sales of about US$0.3 billion in 2020. Its revenue growth amounted to 32% in the previous year.
Digital Market Outlook by Statista
The Digital Market Outlook presents up-to-date figures on markets of the digital economy. The comparable key figures are based on extensive analyses of relevant indicators from the areas of society, economy, and technology.
Market expansion in in the United Kingdom is expected to continue over the next few years, as indicated by the Statista Digital Market Outlook. It has been predicted that the compound annual growth rate (CAGR 20-24) for the next four years will be 5%. Compared to the year-over-year growth of 18%, this decrease suggests a moderately flooded market. Another indicator of market saturation is the online penetration of 82% in in the United Kingdom; in other words, 82% of the UK population have bought at least one product online in 2020.
Five categories are considered by ecommerceDB. Fashion is the largest segment in in the United Kingdom and accounts for 34% of the eCommerce revenue in in the United Kingdom. This is followed by Toys, Hobby & DIY with 18%, Electronics & Media with 17%, Food & Personal Care with 16% and Furniture & Appliances with the remaining 15%.
In in the United Kingdom, Royal Mail is the most frequently offered delivery service provider among online stores. Of those stores that indicating which service they use to transport their goods, 36% cited Royal Mail as one of their providers. Moreover, DPD and Hermes are among the top three shipping service companies offered by online retailers in in the United Kingdom, at rates of 29% and 22%.
Shipping information is based on orders from the store's main country, which is defined as the one where the store generates most of its online revenue. In this case, it is in the United Kingdom. Only stores that provide information about their shipping providers can be considered.
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