The biggest player in the UK eCommerce Market is amazon.co.uk. The store had a revenue of US$8.3 billion in 2018. It is followed by tesco.com with US$4.8 billion revenue and argos.co.uk with US$3.2 billion revenue. Altogether, the top three stores account for 20% of online revenue in the United Kingdom.
Store rankings are based on every store that generates revenue 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 the United Kingdom was considered.
One of the fastest-growing stores in the UK market is bitiba.co.uk. The store achieved sales of about US$23.5 million in 2018. Its revenue growth amounted to 280% 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 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 18-22) for the next four years will be 7%. Compared to the year-over-year growth of 5%, this increase suggests that the market still has growth potential and is not yet saturated. Another indicator of market saturation is the online penetration of 87% in the United Kingdom; in other words, 87% of the UK population have bought at least one product online in 2018.
Five categories are considered by ecommerceDB. Fashion is the largest segment in the United Kingdom and accounts for 30% of the eCommerce revenue in the United Kingdom. This is followed by Electronics & Media with 20%, Toys, Hobby & DIY with 19%, Food & Personal Care with 17% and Furniture & Appliances with the remaining 14%.
In the United Kingdom, DPD is the most frequently offered delivery service provider among online stores. Of those stores that indicating which service they use to transport their goods, 29% cited DPD as one of their providers. Moreover, Hermes and DHL are among the top three shipping service companies offered by online retailers in the United Kingdom, at rates of 15% and 14%.
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 the United Kingdom. Only stores that provide information about their shipping providers can be considered.
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