March 2, 2009

UK Online Retail And Travel Forecast, 2008 To 2014

We Expect Consumer eCommerce To Reach £56 Billion By 2014

This is the first document in the "Forecasting European Online Retail And Travel" series.

by Victoria Bracewell Lewis, Lauriane Camus

with Benjamin Ensor, Alexander Hesse, Brendan McGowan

Executive Summary (This is a document excerpt)

With more than one in two UK consumers shopping online today — that is about 28 million consumers — online shopping and travel booking are mainstream. UK online shoppers outspend their European and even their American counterparts. Despite the current recession, we expect online retail and travel sales in the UK to continue growing strongly over the next six years as consumers move their spending online. By 2014, 37 million UK online buyers will spend £56 billion online.

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