Marketplaces Claim over 1/3rd of Ecommerce pie 🥧

Overall Marketplace Share: A Rising Force

📈 Significant Growth: Marketplaces now account for over one-third of ecommerce turnover in Europe, similar level to the US!

🚀 Accelerating Pace: In 2023, the marketplace model outpaced traditional sales, growing by an additional 3 percentage points.

🔍 Indicator of Change: This surge suggests a consumer shift towards marketplace platforms.

Geographical Variations: A Diverse Map

🌍 Uneven Adoption: Marketplace penetration varies significantly, with France and the Netherlands at lower adoption rates of 29% and 28% respectively.

🏆 Leaders of the Pack: Germany and Italy lead with robust marketplace shares of 42% and 43%.

⚖️ Balanced UK: The UK stands at a 36% marketplace share, reflecting a balanced ecommerce environment.

Fulfillment Business: The Expanding Frontier in EU

📦 Dominant Models: In Ireland, fulfillment operations represent 55% of Amazon’s model, highlighting integrated logistics preference.

📈 Growing Sector: Germany and the UK also see substantial Amazon fulfillment business at 39% and 49% share respectively.

🌟 Emerging Players and Innovations: New entrants like TikTok and Zalando Zeos are reshaping the fulfillment landscape. TikTok’s services captured 4% of the UK market in late 2023.