Insights into the growth of Italy ecommerce with payment methods, target audiences, marketing, social media, economy and logistics all profiled
Italy is home to 60.3 million people with a total GDP of US$2 trillion. GDP per capita is currently US$34,996 and expected to reach US$40,838 by 2026. Italy is ranked as the 29th richest country by the World Bank GDP per capita rankings.
Digital User Insights
Total ecommerce revenue across all product categories is US$23 billion, expected to reach US$28.6 billion by 2025. Fashion is currently the leading product category, accounting for US$6.4 billion market share. Electronics is second, accounting for US$6.3 billion.
By 2025, fashion will still lead, valued at US$8 billion. Electronics will also grow, reaching US$7.6 billion.
In 2018, Italy was ranked 19th in the World Bank Logistics ranking, making it among the easiest countries to deliver to in the world. 71% of Italy’s population reside in urban areas, and international retailers can rest assured that the infrastructure and logistics are in place to deliver to rural areas.
Preferred Online Payments
42% of shoppers used cards when shopping online. Ewallets are increasing in popularity accounting for 25% of online payments.
Where does Italy buy from?
Internet and Device Usage
37% of online shoppers in Italy shop online via desktop. 68% of shoppers make purchases via smartphone, and 26% made their most recent purchase via tablet.
Total Marketing spend in Italy has grown marginally in recent years, as advertisers begin to steadily invest more in digital. Digital has grown to the highest market spend reaching 41.9%. Television is the second highest market spend accounting for 41.6%
For more market insights, check out the ESW series of blogs covering a range of emerging ecommerce markets.
*Insights derived from ESW data, Statista, WorldBank, OECD and other industry sources.