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Southern European ecommerce to grow to €47.8bn

Update On :28 October 2014

Southern European ecommerce to grow to €47.8bn

When we look at the ecommerce sales per country, it’s clear Spain is the absolute champion. With total online sales of €14.4 billion it’s the leading country in Southern Europe, followed by Italy (€11.2 billion) and Turkey (€8.9 billion). Last year, the ecommerce industry in Southern Europe grew by 18.9%, which is a better performance than the European (+17.5%) average. But it’s not Spain or Italy that grew the most, it’s Turkey with a growth rate of 35%. This will not hold on forever as the Turkish growth is expected to further decline to 17.8% this year. According to Ecommerce Europe the expectation is that the Greek ecommerce industry will experience the strongest growth (+18.8%), just ahead of Italy (+18.2%).

News Source From : http://ecommercenews.eu/southern-european-ecommerce-to-grow-to-e47-8bn/

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