The document discusses consumer behavior and trends in the e-commerce market in Romania, noting that 50% of women who shop online are aged 18-34, most online shoppers live in cities with up to 250,000 inhabitants, and 64% of consumers are interested in personal care products. It also provides data on the growth and size of the Romanian e-commerce market, which is projected to reach $11 billion by 2027, led primarily by the fashion and personal care categories.
The document discusses consumer behavior and trends in the e-commerce market in Romania, noting that 50% of women who shop online are aged 18-34, most online shoppers live in cities with up to 250,000 inhabitants, and 64% of consumers are interested in personal care products. It also provides data on the growth and size of the Romanian e-commerce market, which is projected to reach $11 billion by 2027, led primarily by the fashion and personal care categories.
The document discusses consumer behavior and trends in the e-commerce market in Romania, noting that 50% of women who shop online are aged 18-34, most online shoppers live in cities with up to 250,000 inhabitants, and 64% of consumers are interested in personal care products. It also provides data on the growth and size of the Romanian e-commerce market, which is projected to reach $11 billion by 2027, led primarily by the fashion and personal care categories.
Kerastase System Professional E-commerce market System Professional Digital channels in Romania
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• E-commerce shopping evolution in Romania*
• 77% e-commerce shopping evolution average in the EU Consumer behaviour in Romania in 2023
• 50 % of the women who shop online are
aged between 18-34 * • The percentage drops as the age increases* Consumer behaviour by region in Romania in 2023
• Most of the women who shop
online live in big cities with up to 250,000 inhabitants.* Consumer behaviour in Romania in 2023 • For 68% of the consumers the utmost important and sesitive criterion in the online shopping purchase decision is PRICE. * • For 67% of the consumers accounts the discounts and Black Friday campaigns* • 80% if the consumers are looking for bargains* • The EU average is of 69%* • 91% of consumers are doing their online research (reviews, they evaluate the social media presence and check what influencers or celebrities they appreciate are endorsing the product) before a purchase decision **
Consumer behaviour in Romania in 2023
• 64% of the consumers are
interested in the personal care industry* • When it comes to personal care products, consumers want to solve their problems with as few products as possible or, if Personal care Fashion Shoes possible, even with one product ** • “Caution” is defining for 2023 when it comes to consumers’ purchase behaviour** • Consumers will try to achieve the maximum quality both when it comes to purchasing Medication Electronics products and services. ** Global e-commerce tendencies • In 2023 on-line shopping for goods and services will reach $10 trillion globally • 34% of global digital consumers aged 15-29 say they purchase an item or an online service at least once a week • 47% of consumers are looking for personalized experiences. Improved online personalization can help retailers to keep their customers online. • technological advances will push brands to create a multi-sensory digital experience. 31% of consumers say they would like to see how their clothes might look and 29% said they have used a beauty app for a virtual makeover. The data showed that virtual reality and smartphone-optimized video content enhances the emotions associated with in-person activities. • Consumers struggle with the rising cost of living (inflation currently stands at around 6.4% globally ). Furthermore, in 2022, Euromonitor International's Voice of the Digital Consumer survey revealed that 60% of respondents shared their email addresses in exchange for a reward, offer or free experience. E-commerce market evolution in Romania 2013-2017 E-commerce market in Romania Beauty, health, personal & household care revenue market evolution 2017 -2027 E-commerce market in Romania E-commerce market in Romania • “Thus, according to Limitless Agency data, the most purchased products (in 2022) were from the IT&C, fashion, car, home & garden, books & bookstore, jewelry, food, and beauty categories. Growing in 2022 were the fields of fashion, beauty, grocery, HoReCa, home & deco and IT&C, according to the estimates of VTEX representatives. … Customer buying behaviour: less impulse shopping* • “Romania, the third digital economy in the EEC and the second e-commerce market (after Poland). The digital economy of these ten EEC countries was 124 billion euros in 2021, with digital commerce accounting for 68 billion euros, IT&C for 49 billion euros, and offline spending for digital products at 8 billion euros. On the other hand, the digital economy of these ten countries could reach 330 billion euros by 2030, as digital commerce - the main growth driver so far - is set to continue growing, and the launch of new digital businesses and the digitalization of the public sector could accelerate growth in the IT&C segment.”** E-commerce market in Romania • Romania is the 43rd largest market for eCommerce with a predicted revenue of US$6,751.4 million by 2023, placing it ahead of Ireland. • Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 13.2%, resulting in a projected market volume of US$11,077.7 million by 2027. With an expected increase of 28.3% in 2023, the Romanian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Romania, global eCommerce sales are expected to increase over the next years. • Five markets are considered by ecommerceDB within the Romanian eCommerce market. Fashion is the largest market and accounts for 46.0% of the Romanian eCommerce revenue. It is followed by Food & Personal Care with 18.9%, Electronics & Media with 15.2%, Toys, Hobby & DIY with 10.2%, and Furniture & Appliances with the remaining 9.8%.