Fast Market Research

"Internet Retailing in the Czech Republic" Published

New Retailing market report from Euromonitor International: "Internet Retailing in the Czech Republic"

 

Boston, MA -- (SBWIRE) -- 02/06/2015 -- Internet retailing is the most dynamic channel within retailing in the Czech Republic. It registered vivid growth with a current value CAGR of 13% over the review period. This impressive growth is attributable to growing popularity of internet retailing among Czech consumers due to its lower pricing and convenience which it offers (in terms of way of shopping). As a result of growing demand, the offer of various e-shops and thus product assortment sold via online shopping is increasingly growing in the country. It is estimated that there were about 35,000 e-shops in operation in the Czech Republic at the end of the review period. Last, but not least, internet retailing is supported also by the fact that internet penetration and the quality of internet connections are constantly growing in the country.

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Competitive Landscape

Alza.cz retained its leading position within internet retailing, accounting for 13% value share in 2014. The company has a relatively long-standing presence in the Czech internet retailing ? the first version of its Alza e-shop was introduced in 2000 and focused on selling computers, software and hardware. The company added consumer electronics soon after and this assortment comprised its main product range for the following decade. Nevertheless, the company enlarged its product portfolio significantly over the review period as it added consumer appliances in 2011. In addition, its assortment is supplemented by a wide range of products, such as video games hardware, traditional toys and games, sports goods and equipment, kitchen utensils, watches, perfumes, beauty and personal care products, media products and stationery. In 2014, the company continued its dynamic development as it witnessed growth of 10% in current value sales.

Industry Prospects

Internet retailing is expected to continue its dynamic growth with a value CAGR of 8% at constant 2014 prices over the forecast period. Rising popularity of this way of shopping among Czechs and growing number of internet users will be the main drivers of sales of internet retailing over the forecast period. However, the expected forecast period growth will be lower compared to the review period as dynamism of growth rate is predicted to weaken towards 2019.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Internet Retailing industry in Czech Republic with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Internet Retailing industry in Czech Republic, our research will save you time and money while empowering you to make informed, profitable decisions.

The Internet Retailing in Czech Republic market research report includes:

- Analysis of key supply-side and demand trends
- Detailed market shares for international and locally-based retailers
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- Who are the leading retailers in Czech Republic?
- How quickly is internet retailing growing in Czech Republic?
- What products are selling best over the internet?
- Which internet sites are attracting the most sales?

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

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