E-commerce in the Czech Republic
The Czech Republic, also known as the Czech Republic, is a country in Central Europe and borders with Austria, Germany, Poland and Slovakia. In 2020 over 10 million people lived in this country, which joined NATO in 1999 and the European Union in 2004. It officially added its short name Czech Republic in 2016. Here’s what you need to know about ecommerce in the Czech Republic:
THE CZECH REPUBLIC
|population||10 million people|
|-% internet users||81.7%|
|Online sales||€ 5.9 billion (2019)|
|Notable online shops:||Alza.cz, Rohlik.cz, Mall.cz|
E-commerce events in the Czech Republic
Several e-commerce events are organized in the Czech Republic every year. We have a handy e-commerce events calendar where you can find all the major online retail events in Europe.
E-commerce customers in the Czech Republic
PAYMENT METHODS – Of the 10 million inhabitants of the Czech Republic, almost 6 million can be described as online shoppers. User penetration in this market was 54 percent in 2020 and is expected to be 65 percent by 2025. When it comes to payment methods, the Czech Republic is known for its high level of cash use. Cash on delivery is still the most popular payment method and accounts for 45 percent of transactions. Bank transfers cover almost 30 percent of transactions.
PRODUCT CATEGORIES – In terms of sales, fashion (29 percent) is the most popular product category in Czech e-commerce. This is followed by consumer electronics & media (28 percent), toys, hobbies & home improvement (23 percent), furniture & household appliances (12 percent) and food & personal care (8 percent).
The e-commerce market in the Czech Republic
According to Statista data, the Czech e-commerce industry was worth around 2.5 billion euros in 2019, and a value of 3.39 billion euros is forecast for 2020. This website also predicts that online sales in the Czech Republic will grow by 2.57 percent annually until 2025. However, the Electronic Commerce Association (APEK) says that e-commerce was worth 155 billion Czech crowns in 2019 , this corresponds to 5.93 billion euros. Czech e-commerce accounts for 13 percent of the country’s retail sales.
Large online shops in the Czech Republic
The Czech Republic has a number of large online retailers. Among them is Alca.cz, which sells all kinds of consumer electronics online. Another large e-commerce company is the online department store Mall.cz. The Rohlik.cz supermarket also has a very strong online presence, and CZC.cz is also a popular online shop.
Latest news from the Czech Republic
Read all of our articles on e-commerce in the Czech Republic.
Last updated: March 2021