UK B2B E-commerce Market Forecast

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Size in 2023: USD 230.63 Billion

Market Forecast in 2032: USD 1146.09 Billion

Market Growth Rate: 18.20% (2024-2032)

How Big is the UK B2B E-commerce Industry ?

The UK B2B e-commerce market size was valued at USD 230.63 Billion in 2023 and is projected to grow to USD 1146.09 Billion by 2032, with an expected compound annual growth rate (CAGR) of 18.20% from 2024 to 2032.

UK B2B E-commerce Market Trends:

The United Kingdom markets are largely powered by the digitalization of enterprises focused on business optimization. In line with this increase in investment, the need for automated digital procurement systems that ease supply chain operations is making the product even more attractive. Similarly, improvements in web performance and tailored service features are further strengthening market participation.

This, coupled with the increasing urge for cost savings through direct dealings and fewer channels is fuelling the market. Additionally, the growing adoption of data analytics in making informed purchasing decisions is fostering the growth of the market. Besides, the increasing focus on green purchasing and e-procurement that enhances transparency measures in purchasing and supply chain strategies, is driving the market. Forthwith, the growing importance of mobile technologies and applications makes access to B2B marketplaces more easily.

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UK B2B E-commerce Market Scope and Growth Analysis:

The scope of the market appears to be broad, covering a range of industries from manufacturing through wholesale and distribution. The market scope assumes an upward trend due to the inclusion of more companies which adopt digital measures to enhance productivity and improve the mode of doing business. As per market estimates, the increasing use of technology, particularly artificial intelligence for recommendations and predictive analytics among others, is increasing customer participation as well as operationalting accuracy. The market is also being amplified through the evolution of omni-channel strategies which enables businesses to reach clients through different platforms.

The increasing emphasis on the integration of secure payment systems and data security measures instills confidence and encourages more businesses to embrace the digital sales. The scope of the market is being scoped with the increase in international trade as digital means ease cross border trade and promote international relations. With the transition towards comprehensive marketing tools that help realize most pressing business goals, accounts will be served much more conveniently, and business purchases will precisely suit the changing conditions, which means that the market will grow for a long time.

UK B2B E-commerce Market Report and Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest UK B2B e-commerce market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

Deployment Type Insights:

  • Supplier-Oriented
  • Buyer-Oriented
  • Intermediary-Oriented

Application Insights:

  • Home and Kitchen
  • Consumer Electronics
  • Industrial and Science
  • Healthcare
  • Clothing
  • Beauty and Personal Care
  • Sports Apparel
  • Books and Stationery
  • Automotive
  • Others

Regional Insights:

  • London
  • South East
  • North West
  • East of England
  • South West
  • Scotland
  • West Midlands
  • Yorkshire and The Humber
  • East Midlands
  • Others

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Other key areas covered in the report:

  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Market Dynamics
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape
  • Top Winning Strategies
  • Recent Industry News
  • Key Technological Trends & Development

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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