France, ranked as the fifth biggest e-commerce market worldwide, is likely to note a rise of 11 per cent in online retail sales in 2017. According to a report, online retail sales in France expected to reach €80 billion this year. Availability of large number of online vendors has made people turn towards online shopping in the country. This has been revealed by the French E-Commerce Federation (Fevad).
French people spent a total of Euros 72 billion in doing online shopping in 2016 including Christmas sales of Euros 14 billion. In 2015, e-commerce represented an estimated 7 per cent of retail sales in France.
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The report claimed that there were on average 28 online transactions per year per buyer in 2016, a 21 per cent year-on-year rise. There were over 200,000 e-commerce websites in France, a year-on-year increase of 12 per cent from 2015.
