Christmas e-tail set to break records

LONDON - The UK internet market is set to rise by 40 per cent from last year this Christmas, and online retailers are warned to prepare for a record-breaking season.

Online shopping: Brits to set festive record
Online shopping: Brits to set festive record

British shoppers are expected to spend £13.6 billion (19.5 bn) online, more than France and Germany combined, from 1 October to Christmas Day, according to research by Forrester Research revealed today.

Britons spend the most online, followed by Germans (11.5 bn) and the French (6.5 bn). The UK holds a 38.5 per cent share of the European internet retail market, compared to 22.7 per cent for Germany and 12.7 per cent for France.

The average British shopper will spend a sizeable £509 (731) online this Christmas, according to the research.

Forrester Research cites increased broadband penetration, time efficiency and the speed and reliability of online retail as reasons behind an expected 58 per cent surge in sales across Europe.

Forrester used data from the major online retailers, including John Lewis in the UK, and consumer and retailer surveys in 17 countries. The data included travel spending, which is the largest category in online spending, accounting for 31 per cent of money spent online.

 

 

 

Market Reports

Get unprecedented new-business intelligence with access to ±±¾©Èü³µpk10’s new Advertising Intelligence Market Reports.

Find out more

Enjoying ±±¾©Èü³µpk10’s content?

 Get unlimited access to ±±¾©Èü³µpk10’s premium content for your whole company with a corporate licence.

Upgrade access

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an alert now

Partner content