French e-commerce market – growth, trends and forecast (2020-2025)
The French e-commerce market has been carefully researched and then carefully delineated by geographic points based on the main economic regions and their topographic regions. The growing competition and changing market dynamics were highlighted. Active market participants receive a profile with attributes such as company overview, financial overview, business strategies, product portfolio, and latest developments. This report provides market share and market size data for the period 2020 to 2025.
The French e-commerce market is highly competitive and consists of a number of major players: Amazon Services Europe Sar.l, Cdiscount SA, eBay France SAS, La Redoute SA (Motier SAS), PriceMinister SAS (Rakuten Group), Group Auchan SA. , Groupe Fnac Darty, Vertbaudet France, Leroy Merlin retail, Carrefour SA
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Scope of the report
The French e-commerce market was valued at US $ 114.4 billion in 2019 and is expected to reach US $ 203.57 billion by 2025, with a CAGR of 10.04% over the forecast period 2020-2025. The European e-commerce market is showing strong growth, thus offering exciting opportunities for online shopping in a variety of sectors. France is one of the main consumer markets in Europe and an important e-commerce market. The French e-commerce market is just below the European average in terms of internet penetration, percentage of e-commerce consumers and average spending. One of the main factors behind the moderate growth rate may be that Internet penetration in France (especially in rural areas) is comparatively lower than in other large EU countries. However, with the French government seeking to expand Internet access, it is expected that the number of consumers shopping online is expected to increase during the forecast period.
Key market trends
Fashion is expected to become an important product type
Paris remains the official fashion capital along with Milan, New York and London, as well as a growing number of cities looking to strengthen their presence in the industry. Despite significant competition from these cities, fashion is a deeply ingrained aspect of Francis culture and its international status.
Third party online stores also continue to grow and consolidate the market. Since its founding in North America, Vente-prive has focused on the European market and scaled up in different countries ahead of a potential IPO. After acquiring the Belgian company in 2015, it acquired two additional groups in Europe during the first half of 2016: Eboutic.ch in Switzerland (value withheld) and Privalia in Spain for a million euros.
At a time of significant economic hardship in France, the country’s fashion industry is still developing, as evidenced by stable income growth. According to a recent report by the French Institute of Fashion (IFM), the sector outperforms several large high-yield deals, including aerospace and automobile manufacturing.
However, it’s fair to assume that as online fashion portals become more successful, they might consider launching their own lines to strengthen their brand. In addition, in an effort to control production to ensure high quality, the Frances Industry of the Future initiative for a growing dedicated manufacturing sector is expected to come into effect.
The toy, hobby and DIY segments have a major market share
The market for toys and games in the country is vast and diverse. In 2016, the market turnover was 3.4 billion euros. In 2016, the market grew by 1%, which is less than the growth of 3.4% in 2015.
In addition, in France, the average cost of toys in 2015 reached 321 euros per child. In addition, spending per child in France is 60% higher than the European average, giving a positive outlook for the e-commerce toy market.
Traditional toys and games such as puzzles and plush toys are expected to remain in good shape in the coming years. Those who are able to constantly adapt and remain innovative will receive additional attention from buyers.
There are already players in France in the field of tires and parts used for vehicle maintenance such as filters and brakes such as the Allopneus, and online auto parts are likely to achieve greater market penetration in the next few years. The penetration of e-commerce can increase auto parts sales as they facilitate customer research processes as customers turn to online communities and reviews, among other digital platforms, as a way to improve their purchasing decisions.
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What market factors are explained in the report?
– Key Strategic Developments: The study also includes key strategic market developments including R&D, new product launches, mergers and acquisitions, agreements, collaborations, partnerships, joint ventures, and regional growth of leading competitors operating globally and globally in the marketplace. regional scale.
– Key market characteristics: The report assessed key market characteristics, including revenue, price, capacity, capacity utilization, gross volume, production, production rate, consumption, import / export, supply / demand, value, market share, CAGR and gross margin. … In addition, the study offers a comprehensive study of the dynamics of key markets and their latest trends, as well as their respective market segments and sub-segments.
–Analytical Tools: The French E-Commerce Market Report includes carefully researched and evaluated data on key industry players and their market reach through a range of analytical tools. Analytical tools such as Porter’s Five Forces analysis, feasibility study and return on investment analysis were used to analyze the growth of key players in the market.
The study includes historical data from 2014 to 2019 and projections to 2025, making reports an invaluable resource for industry leaders, marketing, sales and product managers, consultants, analysts, and others looking for key industry data in easily accessible documents with clear visibility. … tables and graphs.
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