The FMCG sector is developing fastest in the e-commerce market
It has grown by nearly a fifth and reached 41 billion forints a year in online commerce of fast-moving consumer goods (FMCG) in Hungary Világgazdaság Online citing eMAG’s announcement. With this growth rate, the category has emerged as the fastest growing sector in the total net 425 billion HUF e-commerce market.
The e-commerce industry is expanding intensively, now accounting for 4.5 percent of total Hungarian retail sales. According to GKI Digital’s measurements, the total value of online orders in Hungary in 2018 exceeded the level of 2017 by about 17 percent – according to the information provided by the online merchant company.
At the beginning of 2019, 3.2 million people buy regularly online, which is an increase of 6.5 percent compared to last year. (vg.hu)
Related news
Shein unveils UK investment plans and launches ‘circularity fund’
Shein has pledged to invest £211m (€250m) over the next…
Read more >E-commerce in Germany grows for the first time in two years
Sales in German online retail have increased slightly again for…
Read more >Amazon in AI partnership to help brands measure ad performance
Amazon is collaborating with an artificial intelligence-enabled market insight platform…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >