E-commerce in Portugal

E-commerce

E-commerce market

E-commerce in Portugal is estimated to have increased by over 12% in 2017, and total online sales of goods and services in the country are estimated to reach EUR 4.73 billion by the end of 2018. This represents a significant growth compared to the 10.52% increase of last year. One in ten Portuguese sites recorded a 100% growth in the number of customers, according to data from the Quarterly Barometer ACEPI/Netsonda. In 2018, user penetration was 62.8%, and is expected to hit 66.7% by 2022. Total e-commerce revenue across all product categories is US$ 2.97 billion, and is expected to reach US$ 4.6 billion by 2021. Toys, hobby & DIY is currently the leading product category, accounting for US$ 808 million market share. Fashion is a close second, accounting for US$ 801 million. By 2021, Fashion will lead the charge, valued at US$ 1.3 billion. Toys, hobby & DIY is also expected to grow, reaching US$ 1.2 billion.

Social media

Portugal’s Social Media Penetration is 48% of the population, and is expected to reach 52% by 2021. There are 6.10 million active social media users in Portugal. Out of all Portuguese Facebook users, 85% access it via mobile, and 72% use Facebook every day. The most popular networks are Facebook (74.57%), Pinterest (7.37%), Youtube (6.46%), Twitter (5.25%), Tumblr (2.14%) and Instagram (1.78%).