papmall® Team
papmall® - an international e-commerce platform that not only provides online shoppers a simple, secure, and enjoyable online shopping experience but also plays as a solution for global vendors to optimize sales revenue.
Contact us
By papmall® 17 October 2022
Spain's e-commerce market has been significantly impacted by COVID-19. The disruption of supply chains, the lockdown's restrictions on operations, inventory management, and a general lack of workers were just a few of the main difficulties experienced by e-commerce companies. Governments around the world have social distancing temporarily shut down non-essential companies, and taken other actions to prevent the COVID-19 epidemic. E-commerce in Spain sales has surged as a result. The epidemic has expanded the market in Spain's use of internet platforms.
Here's all the information you need to know about Spain’s e-commerce market and suggests a new e-commerce marketplace for freelancers in Spain.
Spain is one of the countries that have to deal with many major financial crises, but in the field of e-commerce there was growth in 2011 - 2022, and this continues to be sustainable in the following years. By 2021 it has grown to €57.7 billion.
Many Spanish consumers purchase goods from overseas websites. However, over the past few years, fewer purchases have been made overall on international websites than on domestic ones. E-commerce in Spain isn't so huge in terms of percentages. Only 3% of all retail sales are made of it.
The E-commerce Market in Spain
People who know about E-commerce in Spain are familiar with studying, working, and shopping online, all goods are delivered to your door with a few taps. Other outstanding reasons for the e-commerce business to grow in 2018 are 24/7 operation and even lower prices compared to brick-and-mortar retailers.
In 2018 E-commerce in Spain was worth €27.96 billion.
Since the explosion of the internet and smartphones, the traffic of Spanish e-commerce websites has also experienced significant growth. The research shows that both laptops and smartphones are used by more than half of consumers.
In 2021, the value of Spanish e-commerce exceeded 57.7 billion euros. When compared to the previous year, this represented an increase of 11.7%. This expansion was mostly the result of international sales.
Cross-border sales will increase by 8.6% in 2021 to 334 million. Almost 65% of transactions are done abroad, which proves that the majority of online transactions in the Spanish E-commerce Market are cross-border sales.
Through the ages, the clothing industry has had a significant impact on society, with clothing playing a role in social rank and income. The fashion industry is dynamic and constantly adapts to the demands of the modern world. The requirement to meet demand was moved online with the rise of the internet in the twenty-first century and the acceptance of fast fashion. Spain, the nation that is home to some of the most well-known fast fashion brands in the world, has not lagged behind the times, with fashion online sales continuing to increase. In reality, Spain's greatest e-commerce industry in terms of revenue is clothes.
In Spain, online payment methods like PayPal or Amazon are the most popular (63 percent). Other common payment methods used by Spanish customers to purchase goods online include debit cards (56%) and credit cards (49%)
Popular payment methods in Spain's E-commerce market
The leading brands in the Spanish e-commerce sector represent a wide variety of companies. This makes Spain one of the more diverse regions for e-commerce, with the usual American giant brands like Amazon and eBay, some European strong hitters like Carrefour and Media Markt, as well as a number of local brands. Along with a well-balanced mix of industries, Spain's top ten list includes markets, supermarkets, electronics shops, classified ads, sporting goods stores, and clothing boutiques. The variety of demands from the Spanish populace is demonstrated by this blend.
About 26.2 million people used e-commerce in Spain in 2019. Spanish online shoppers have a clear preference when it comes to paying for the things they order online, according to a 2018 survey from Ecommerce Europe. The most popular payment option is PayPal or a comparable service (77 percent). This is followed by invoice in arrears (18%), cash on delivery (18%), and debit and credit cards (50%) (6 percent).
Clothing and shoes are the most returned items most often returned items in Spanish e-commerce apparel, footwear, and consumer electronics. Among the most popular product categories in Spain are consumer electronics and clothing. Spanish e-commerce consumers prefer to order these products online as opposed to in-person.
Ecommerce customers in Spain
A 2019 study by the self-employment website Freelancer.com, which listed the remote jobs that may pay freelancers up to €40,000 a year for working from home, has served to illuminate where the need for freelancing rests in Spain in 2020.
papmall® - The new E-commerce platform support freelancers in Spain
From 2019, papmall® - The most special platform for freelancers and buyers is established. Now the sellers can post and find customers right on this platform. Here is a list of the top services that many buyers look to outsource:
Living in Spain in the e-commerce age is great, Become a seller at papmall® now to sell your online services now!
The top enterprises in the Spanish e-commerce market are represented by the main brands. With the typical American mega-brands like Amazon and eBay, some major European players like Carrefour and Media Markt, as well as a variety of regional brands, this makes Spain one of the most diverse regions for e-commerce. Spain's top ten list contains markets, supermarkets, electronics stores, classified advertisements, sporting goods stores, and clothing boutiques in addition to a well-balanced mix of businesses. This mixture illustrates the diversity of requests from the Spanish population.
In Spain in 2019, almost 26.2 million consumers engaged in online shopping. According to a 2018 poll by Ecommerce Europe, Spanish internet customers have a certain preference when it comes to paying for the items they order online. The most widely used method of payment is PayPal or a similar service (77 percent). Following this is cash on delivery (18%), invoices that are past due (18%), and debit and credit cards (50%) (6 percent). Their common point is the habit of buying online and using forms of payment via electronic banking.
papmall® - an international e-commerce platform that not only provides online shoppers a simple, secure, and enjoyable online shopping experience but also plays as a solution for global vendors to optimize sales revenue.
Contact us