Multichannel corporations from the Nordics make up Europe’s prime three best-performing cross-border ecommerce sellers. These are Sweden-based Ikea, Denmark’s Jysk and H&M, additionally from Sweden. Behind them, Germany’s Zalando is the primary pure participant on the listing.
That is in keeping with the eighth version of the TOP 500 B2C Cross-Border Retail Europe report, printed by Cross-Border Commerce Europe. The rating is predicated on a set of standards, together with gross sales, website positioning indicators, the variety of worldwide markets and cross-border guests. Secondary parameters resembling model authority and native buyer choices are additionally taken under consideration.
Europe’s cross-border prime 10
Ikea, with shops energetic in lots of European international locations, tops the listing, simply because it did final yr and the yr earlier than. Jysk, additionally a furnishings retailer, climbed from fifth to second place, whereas H&M stays in third place. Lidl, which ranked second final yr, has dropped to ninth place.
Ceconomy’s MediaWorld (generally known as MediaMarkt in different markets) is new to the highest 10, because of the worldwide enlargement of its profitable market. Danish jewelry model Pandora can be a brand new entrant. Decathlon and Lego have dropped out of the highest 10.
Cross-border ecommerce in Europe
Notably, Cross-Border Commerce Europe estimates complete cross-border ecommerce spending in 2025 (B2C, excluding journey) at 108 billion euros, “representing 25 % of the general on-line market”. Final yr, the group reported 275.6 billion euros in cross-border gross sales, which on the time accounted for 36 % of your complete European ecommerce market.
25 % development
The brand new prime 500 accounts for 86 billion euros in cross-border on-line gross sales, a rise of 17 billion euros, or 25 %, in comparison with a yr earlier. Regardless of this, the market has entered “a section of gradual stabilization and slower development, reflecting broader macroeconomic pressures and a shift towards profitability and operational effectivity”, in accordance to Cross-Border Commerce Europe.
‘The sector is getting into a section of slower development’
It’s notable not solely that the highest three corporations within the rating all originate from the Nordics, but in addition that all of them have roots in bodily retail. Zalando, which plans so as to add Bulgaria as its twenty eighth market within the close to future, is the primary online-born participant on the listing.
