Did you know that the total European value of B2B goods sold online is expected to hit a whopping 1.7 trillion euros by 2025? However, many B2B sellers in Europe are missing out on a huge opportunity. Surprisingly, most of them only cater to local buyers, limiting their market reach. This is where the potential for growth lies!
These eye-opening insights come from a recent analysis by Billie, a leading BNPL solution for B2B sellers. The global online B2B market was valued at 6.5 trillion euros in 2022, with an anticipated growth of 18 percent between 2023 and 2030.
Discover the Power of Ecommerce Platforms
Surprisingly, while the European market is poised to reach 1.7 trillion euros by 2025, ecommerce adoption in the B2B sector is still relatively low. Shockingly, only 50 percent of B2B buyers currently use ecommerce platforms. Imagine the untapped potential waiting to be unlocked!
Did you know that 92% of Scandinavian B2B companies foresee sales occurring online?
Scandinavia seems to be ahead of the game, with a whopping 92 percent of B2B companies expecting online sales. Nearly a quarter of these companies are already successfully generating sales through ecommerce platforms.
Seize Cross-Border Opportunities Now!
While cross-border ecommerce is on the rise in Europe, many B2B sites still cater exclusively to local buyers. This means there is a plethora of untapped cross-border opportunities waiting to be explored. Surprisingly, only half of the largest B2B ecommerce sites in key European countries offer cross-border shipping services.
