UK Ecommerce Market Share by Online Sales
We estimate that 0.22% of UK online shopping sites brought in more than $100 Million in sales. For websites earning between $50M and $100M in web sales, this number rises marginally to 0.36%.
Around half the companies (49.61%) reported less than $100K in web sales, followed by 33.63% falling in the $100K-$1M range. Over 16.76% of the companies brought in over one million in web sales.
UK Ecommerce Market Share by Traffic
Only 0.03% of the companies received greater than 500K visits a month, ranking in the 1-10,000 range. 86.97% of the companies received less than a thousand visitors on a monthly basis and 11.64% were found to be pulling in 1000-10,000.
UK Ecommerce Market Share by Product Category
When accounting for the category of the companies, fashion and apparel tops the chart accounting for 16.70% of the total number of companies followed by the grocery, good and home needs category at 14.70%. The third most popular type of store was found to be multicategory Retailers or marketplaces which make up 11.40% of the market share.
Some of the other popular categories are consumer electronics & appliances, specialty retailers, home & garden, Sporting, and Outdoor goods at 9.80%, 8.90%, 7%, and 6% respectively.
UK Ecommerce Market Trends – 2021
The far-reaching impact of the COVID-19 virus continues to be a driving point for the industry moving forward.
With brick and mortar facing an uncertain future, an increasing number of small and mid-sized retailers are expected to take the plunge into online retail in 2021.While big players are most likely to generate more sales