Paris
Between luxury shops, department stores, concept stores and outlets, Paris Region is a top shopping destination. While Paris remains a world capital of retail, the Covid-19 accelerated the trend of digitalization and boosted e-commerce, with brands and retailers on the lookout for innovative solutions.
Paris, France
France is the 2nd largest e-commerce market in Europe with 41.8 million French people making purchases on the internet (numbers 2021 according to the Federation of e-commerce and Distance Selling). The Covid-19 triggered a huge increase in online purchasing in 2020, maintaining its levels in 2021.
82.7% of Paris Region internet users are e-buyers. The 200,100 active merchant websites in France are led by Amazon, Cdiscount, Fnac, E.Leclerc and Decathlon.
As concerns over the environment are growing, we observed a rise in the “shop local” movement (60% of buyers bought through a local website last year) and secondhand purchases (50% of buyers bought secondhand of refurbished item last year). In this context, we see retail companies taking actions to reduce their environmental footprint.
The RetailTech and E-Commerce ecosystem is rapidly growing in Paris Region with numerous startups covering all the value chain from store traffic acquisition to in-store user experience and after sales. This includes the unicorn Content square for digital analytics, the payment solution Alma, the marketplace Back Market, and the logistic solution Cubyn.
