Ecommerce in Sweden

Information about ecommerce in SwedenMaybe 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.

COUNTRY
SWEDEN
Population 9.6 million people
– % internet users 94%
Online sales €6.2 billion (2016) (expected)
Online stores worth mentioning: IKEA, H&M, Nelly

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Ecommerce events in France

Every year there are several ecomerce 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

According to data collected in 2013, Sweden has about 8.7 million internet users, which account for 94% of the total population. Almost three in four Swedish households with access to the internet have ordered something online in the last twelve months. Almost three in ten Swedes order something online at least once a month. Although ecommerce is widely distributed troughout the country, the most active ecommerce customers can be found in inland municipalities in the north of Sweden.

Swedish people used to like to pay their online-ordered goods via invoice. Four in ten Swedes preferred this method, according to research from 2010. The second most popular online payment method in Sweden was direct payment via personal bank, closely followed by paying with credit card. But a new survey (although commissioned by a global payments company) shows that 54 percent of Swedes prefer to pay online using their cards.

The ecommerce market in Sweden

In total Swedish consumers spent about €5.2 billion on products purchased online in 2015. For 2016, an increase of 16 percent is forecasted, which would mean ecommerce in Sweden will be worth 6.2 billion euros that year.

The most popular product categories in Swedish ecommerce are consumer electronics, books, clothing and footwear. Home furniture is also very popular, we’re wondering if IKEA has something to do with that?

Ecommerce in Sweden currently accounts for 6% of total retail sales.

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

Chiquelle expands to six more countries in Europe

This month, Swedish fashion retailer Chiquelle won the Global E-commerce Award at this year’s Global E-commerce Summit. The company’s pitch won 52 percent of the audience vote, thereby beating Indian online grocery store Big Basket and Swedish furniture manufacturer Ikea. We interviewed CEO and co-founder Pouya Boland about the award Continue reading

Klarna becomes a bank

Klarna has been granted a full banking license by the Swedish financial supervisory authority Finansinspektionen. This means Klarna can operate as a bank, something it wanted for a long time. With a banking license, Klarna kan now broaden its product portfolio for customers and merchants.

IKEA has plans to sell through third parties

The famous Swedish furniture retailer Ikea has plans to sell its products on websites of third-party retailers. The surprising move follows after Ikea has been targeting more online customers. The home furnishing retailer didn’t comment on which platforms could be used for selling the Klippan sofa and Billy bookcase.

The daily price change ratio in European ecommerce

Some online stores tend to adjust their prices, so consumers won’t go ordering something at a competitor’s website. For Ecommerce News Europe, price tracking software provider Prisync looked at how many ecommerce websites in Europe change their prices daily and how high the stock-out ratio is in these countries.

Nordic menswear brand Oscar Jacobson expands in Europe

The Nordic menswear and golf brand Oscar Jacobson is investing more in omnichannel retail as it is expanding its business in Europe. The company currently sells its menswear fashion items online in the United Kingdom and Sweden, but it will soon sell both online and through stores in Norway.

Read all our articles about ecommerce in Sweden.

Last update: September 2016