Ecommerce News

More companies in Europe engage in B2B ecommerce


B2B ecommerce continues to take hold in Europe, based on new data from the Chamber of Digital Economy, a Polish research firm.

“Many manufacturers and distributors are undergoing digital transformation and becoming involved in ecommerce — nationally and internationally, which is an enormous opportunity for them to keep growing,” the chamber says.

41% of companies are now active in B2B ecommerce and consider their entry into this area of business to be a success. One in four companies obtains more than 80% of revenue from ecommerce, says the Chamber of Digital Economy. As many as 95% of companies see positive effects of launching online sales. And most companies, on average 3.86 (on a 1-5 scale), consider it a success.


The benefits companies most frequently cite:

  • Increased scale of operations and turnover
  • Higher efficiency and profitability
  • More efficient order processing

B2B ecommerce in Europe continues

Estimates have 2022 European B2B ecommerce sales reaching $1.33 trillion. B2B ecommerce sales in Europe are growing at a compound annual rate of 12%. Total B2B ecommerce sales are projected to reach $1.8 trillion as soon as 2025.

More Charts & Data Stories

Check back soon for more Charts & Data Stories. We add new content regularly. 

Sign up

Sign up for a complimentary subscription to Digital Commerce 360 B2B News, published 4x/week. It covers technology and business trends in the growing B2B ecommerce industry. Contact Mark Brohan, senior vice president of B2B and Market Research, at [email protected]. Follow him on Twitter @markbrohan.

Follow us on LinkedIn and be the first to know when new Digital Commerce 360 B2B News content is published.



Source link