The percentage of EU consumers who have bought online has doubled in the last 10 years
Online shopping is becoming increasingly popular in the European Union (EU). Consumers appreciate its advantages, such as being able to shop anytime, anywhere, having access to a wider range of products and being able to compare prices easily. Today, Black Friday, as well as the upcoming Cyber Monday, are especially popular days for shoppers on the lookout for some great online bargains.
60% of people in the EU aged 16 to 74 shopped online during the year prior to the 2018 survey, compared with 32% in 2008, according to Eurostat.
Although men tend to shop online slightly more than women, the share of online shoppers has increased more among women over the last 10 years (from 30% in 2008 to 59% in 2018) than among men (from 35% in 2008 to 61% in 2018).
Over the last 10 years, the share of online shoppers in the EU has increased among all age groups, but most notably for younger internet users aged 16 to 24 years (from 40% in 2008 to 72% in 2018) and those aged 25 to 34 years (from 46% in 2008 to 78% in 2018).
Looking at the 2018 figures for individual EU Member States, the highest proportion of people who shopped online during the previous year were in Denmark (84%), the United Kingdom (83%), the Netherlands (80%), Sweden (78%) and Germany (77%). Romania is the last one among EU states (20%).
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
