(MENAFNEditorial)
The extremely strong growth recorded in internet retailing in Portugal over the review period would not have been possible without advances in technology and logistics. Likewise the strong potential companies to the higher revenues through internet retailing is the main reason for the expansion of delivery businesses logistics companies and other services in Portugal in recent years. Chronopost CTT DHL and UPS were among the delivery companies which reported positive growth in Portugal during 2014. The market is attractive enough to invite new players and Nacex opened two new logistics centres in Portugal in 2014. According to logistics experts the growth being recorded by these delivery companies is being fuelled mainly by business-to-consumer internet retailing as other business areas have still not fully recovered from several years of severe economic recession. In fact developing opportunities in this field are encouraging investment tailored at delivering and tracking internet orders. Innovative players such as Rangel deal not only with the delivery part of the purchase but with the entire logistics process on behalf of internet retailers. The Portuguese company offers its business customers the online platform and the logistics but also provides online marketing services and multilingual customer support. This service is aimed at retailers which want to be present online but do not want to or are not able to make the initial investment that it requires. For as long as internet retailing continues growing in Portugal so will logistics and delivery services and vice-versa as these two areas of commerce have developed a symbiotic relationship.
Full Report Details at
- http://www.fastmr.com/prod/975025_internet_retailing_in_portugal.aspx?afid=101
Competitive Landscape
The convenience of having groceries delivered to one’s home is proving interesting to increase in numbers of Portuguese consumers. Sonae Modelo Continente Hipermercados SA remained the leading player in internet retailing in Portugal during 2014 with its Continente Online brand. Portugal’s leading grocery retailer still charges for deliveries although during 2014 it conducted several “free delivery” days during which its customers were invited to order their groceries online without having to pay for delivery costs. This boosted sales as did the advent of its click-and-collect option which does not entail additional delivery costs for the customer.
Industry Prospects
Internet retailing in Portugal is expected to increase in value at a CAGR of 22% in constant 2014 terms over the forecast period. Internet retailing is the only non-store retailing channel in Portugal which continues to record positive growth and this situation is expected to remain unchanged over the forecast period. Several factors are expected to continue driving growth in internet retailing during the forecast period. The number of Portuguese households connected to the internet is expected to continue increasing over the forecast albeit at a slower growth rate than the one observed over the previous decade. More store-based retailers are expected to enter into retailing while advances in logistics and delivery services also expected to boost sales. Finally the internet is expected to continue offering the advantages that it has always offered in terms of convenience and competitive prices.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Internet Retailing industry in Portugal 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 Portugal our research will save you time and money while empowering you to make informed profitable decisions.
The Internet Retailing in Portugal 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 Portugal?
* How quickly is internet retailing growing in Portugal?
* 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
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.