France E-Commerce Market – Growth, Trends, And Forecast (2020 – 2025)
France E-Commerce market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in this report.
The France E-Commerce market is highly competitive and consists of a number of major players: Amazon Services Europe S.a.r..l, Cdiscount S.A., eBay France SAS, La Redoute SA (Motier SAS), PriceMinister SAS (Rakuten Group), Group Auchan SA, Groupe Fnac Darty, Vertbaudet France comapny, Leroy Merlin retail compaany, Carrefour S.A.
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Scope of the Report
The French e-commerce market was valued at USD 114.4 billion in 2019 and is expected to reach USD 203.57 billion by 2025, recording a CAGR of 10.04% over the forecast period of 2020-2025. The European e-commerce market has been recording robust growth, thus offering exciting opportunities for online retailers, across various sectors. France is one of the major consumer markets in Europe and an important market for e-commerce. The French e-commerce market is just below the European average, in terms of Internet penetration, the percentage of e-commerce consumers, and average expenditure. One of the major factors responsible for the moderate growth rate may be that internet penetration is comparatively lower in France (especially in the rural areas), than other major EU countries. However, with the French governments drive to increase internet access, the number of consumers shopping online is expected to increase, over the forecast period.
Key Market Trends
Fashion is Expected to be a Significant Product Type
Paris remains an official fashion capital alongside Milan, New York, and London, as well as an increasing number of cities seeking to cement their presence in the industry. Despite a considerable degree of competition from these cities, fashion is a deep-rooted aspect of Frances culture and its international profile.
Online third-party retailers continue to grow and consolidate the market as well. Since its North American inception, Vente-prive has focused its development on the European market and has been building scale across countries before a potential IPO. After the acquisition of a Belgian company in 2015, it acquired two additional groups in Europe during the first semester 2016, Eboutic.ch in Switzerland for an undisclosed value, and Privalia in Spain for EUR million.
At a time of considerable economic difficulty in France, the countrys fashion industry is still emerging as victorious, as demonstrated by the steady growth in revenues. According to a recent report by the French Fashion Institute (IFM), the sector outperforms several major high-ticket trades, including aerospace and car production.
However, it is also fair to assume that as online fashion portals become more successful, they might think about launching their own lines to solidify their brand. Also, in the bid to control production for high quality, Frances Industry of the Future initiative for a burgeoning specialist manufacturing sector is expected to come to the force.
Toy, Hobby, and DIY Segment Accounts for a Major Share in the Market
The market for toys and games in the country is vast and diverse. In 2016, the market generated a turnover of EUR 3.4 billion Euros. The market experienced a growth of 1% in 2016, which is less than the 3.4% growth seen in 2015.
Apart from this, the average expenditure in 2015 on toys reached EUR 321 per child in France. Furthermore, expenditure per child in France is 60% higher than the European average, posing a positive outlook for e-commerce toys market.
The conventional toys and games like puzzles and plush toys are expected to remain in good standing in the upcoming years. Those that are able to continually adapt and remain innovative will gain additional attention from buyers.
In France, players already exist for tires and for parts involved in vehicle maintenance such as filters and brakes such as Allopneus, and online auto parts is likely to achieve greater market penetration in the next few years. Penetration of e-commerce is poised to increase in auto part sales as they facilitate customers research processes as customers are turning to online communities and reviews, among other digital platforms, as a way to improve their purchasing decisions.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: France E-Commerce Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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