Ecommerce in Sweden
Maybe you wouldn’t say so, but Sweden is the third-largest country in the European Union by area. The country joined the European Union in 1995, but it has never used the euro. The Swedish people rejected the introduction of this coin in a 2003 referendum. Sweden has the eight-highest per capita income in the world and the country always ranks well on several lists about happiness, human development and democracy. Ecommerce in Sweden is widespread, thanks to a mail order tradition and strong retail brands.
International Retail Index 2019 The definitive guide to international retail in 2019 and beyond. How do you rank? Find it out now.
|
COUNTRY
|
SWEDEN
|
|---|---|
| Population | 9.6 million people |
| – % internet users | 94% |
| Online sales | €16.87 billion (expected in 2019) |
| Online stores worth mentioning: | IKEA, H&M, Nelly |
Content:
- Ecommerce events in Sweden
- Ecommerce customers in Sweden
- The ecommerce market in Sweden
- Big online stores in Sweden
- Latest ecommerce news from or about Sweden
Ecommerce events in Sweden
Every year there are several ecommerce events being organized in Sweden. We have a handy ecommerce events calendar, where you can find all the major online retail events in Europe. But you can also check out only the ecommerce events in Sweden.
Ecommerce customers in Sweden
In 2015, 78 percent of internet users in Sweden shopped online. A newer study shows that it’s expected that over 84 percent of online Swedes will shop online in 2019. Although ecommerce is widely distributed troughout the country, the most active ecommerce customers can be found in inland municipalities in the north of Sweden.
With 53 percent, cards were the most popular payment method in Sweden in 2018. This method is followed by bank transfer (22 percent), e-invoice (15 percent), e-wallet (9 percent) and cash on delivery (1 percent). The Ecommerce Foundation predicts the importance of cards will decrease, while e-invoice, e-wallets and bank transfer will increase in popularity.
The ecommerce market in Sweden
Swedish consumers spent about 14.95 billion euros on products purchased online in 2018. For 2019, an increase of almost 13 percent is forecasted, which would mean ecommerce in Sweden will be worth 16.86 billion euros that year.
The most popular product categories in Swedish ecommerce are clothing and footwear (39 percent), followed by beauty and health care products (32 percent), books and media (27 percent) and home electronics (23 percent). Home furniture is also very popular, we’re wondering if IKEA has something to do with that?
Ecommerce in Sweden accounted for 8.7% of total retail sales in 2017.
Big online stores in Sweden
Some of the most popular and biggest online stores in Sweden are Halens.se, Nelly.com, Adlibris.com, Bokia.se, Cdon.com and NetOnNet.se. In June 2016, CupoNation published a list of the most visited online stores in Sweden.
Latest news about Sweden
Swedish IT shop Dustin launches in the Netherlands
Dustin, a Swedish reseller of IT products and services, has launched its online store in the Netherlands. The company was already active in the Nordics, but after acquiring Dutch Vince Groep last year, the IT company is now also active in the Netherlands.
Swedish white goods retailer Tretti opens stores
Online white goods retailer Tretti is investing in physical stores across Sweden. In addition to the previously announced flagship store in Stockholm, Tretti will also open physical stores in Helsingborg, Halmstad and Umeå.
H&M increases investment in second-hand platform Sellpy
H&M continues to invest in Sellpy, an online platform for second-hand fashion. The Swedish fashion retail group started investing in Sellpy four years ago and has since then joined all investment rounds. Now, H&M has become a majority owner, with an approximate 70 percent stake in the re-commerce platform.
H&M tests selling external brands
H&M may change its business model in the near future. The Swedish fashion giant will experiment with selling external brands and products on both its online platform and in selected stores.
Chiquelle launches AR shopping app
Fashion retailer Chiquelle has launched its augmented reality shopping app. The Swedish company’s latest app enables users to customize their own model and style it with fashion items sold by Chiquelle. Users can also add makeup and different hairstyles to the avatar.
Read all our articles about ecommerce in Sweden.
Last update: July 2019