1、eCommerce in the United Kingdom 2024WHITEPAPERMarket Revenues,Online Shares,Conversion Funnel,Transactions,Top Stores&Marketplaces,Payment&Shipping Providers-discover the eCommerce market in all its facets.2The United Kingdom is the third largest eCommerce market,with a projected revenue of US$169 b

2、illion by 2024.In 2022,revenue fell significantly by 16.3%after a strong COVID boost in previous years.The revenue is expected to grow at a compound annual growth rate(CAGR 2024-2028)of 6.4%,resulting in a projected market volume of US$218 billion by 2028.With an expected increase of 7.7%in 2024,the

3、 UK eCommerce market will contribute to the global growth rate of 10.4%in 2024.With growth of 7.7%and a resulting turnover of US$169 billion,the United Kingdom is the third largest eCommerce market worldwide in 2024eCommerce Revenue Development in the United Kingdom in Billion US$2021202220232024202

4、5202620272028145.3177.7148.7157.4169.5181.5193.2204.6217.5202022.4%-16.3%5.8%7.7%6.4%ECDB AnalysisSource:Get more infoECDB provides detailed data on 150 national eCommerce markets in combination with 250 categories and subcategories.DO YOU NEED MORE MARKET DATA?Market revenue represents B2C sales of

5、 physical goods including VAT.It excludes B2B sales,C2C sales,returns,compensation for damaged or missing goods,any discounts granted and services.Data shown is using current exchange rates.Note:3Fashion is the largest category and accounts for 28.4%of the UK eCommerce revenue.It is followed by Elec

6、tronics with 16.5%,Hobby&Leisure with 15.6%,Grocery with 13.1%,Furniture&Homeware with 9.6%,Care Products with 9.3%,and DIY with the remaining 7.4%.A comparison between 2025 and 2020 shows a slight shift fromElectronics and Hobby&Leisure toFashion and Grocery.However,in general,the eCommerce market