Greece E-commerce Market Analysis by Mordor Intelligence
The Greece e-commerce market stands at USD 34.63 billion in 2025 and is projected to achieve USD 55.72 billion by 2030, expanding at a 9.97% CAGR over 2025-2030. Rising 5G coverage, decisive government digitalization policies, and a marked shift in consumer habits toward online shopping are accelerating this growth. Mobile transactions now dominate order volumes, and omnichannel models with click-and-collect options are reshaping service expectations. Cross-border demand from tourists is opening premium revenue streams, while last-mile locker networks are shortening delivery times and lifting customer satisfaction. Merchants that invest in mobile-first design, frictionless payments, and data-driven personalization are best placed to capture share in the Greece e-commerce market as traditional retail stagnates.
Key Report Takeaways
- By business model, the B2C segment led with 88.02% of the Greece e-commerce market share in 2024, while B2B is forecast to post a 12.8% CAGR through 2030.
- By device, smartphones captured 65.23% of transactions in 2024; other connected devices are projected to expand at a 13.1% CAGR to 2030.
- By payment method, cards accounted for 61.05% of transaction value in 2024, whereas digital wallets are projected to grow at a 14.2% CAGR through 2030.
- By product category, food & beverages commanded 27.21% of the Greece e-commerce market size in 2024, and beauty & personal care is advancing at a 12.3% CAGR over the forecast period.
Greece E-commerce Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Surge in Mobile Shopping Driven by Widespread 5G Roll-out in Urban Greece | +2.5% | Urban centers (Athens, Thessaloniki), with gradual expansion to secondary cities | Medium term (2-4 years) |
| Government's "Digital Bible" Tax Incentives Accelerating SME On-boarding | +1.8% | National, with higher adoption in commercial hubs | Medium term (2-4 years) |
| Rapid Growth of Omnichannel Click-and-Collect Services | +1.5% | Urban centers and tourist destinations | Short term (≤ 2 years) |
| Tourism-Led Luxury Spend Propelling Cross-Border Orders | +1.2% | Tourist destinations (Athens, islands), luxury retail corridors | Short term (≤ 2 years) |
| Expansion of Last-Mile Locker Networks Cutting Delivery Times Less Than 24 h | +0.9% | Urban centers, with planned expansion to secondary markets | Medium term (2-4 years) |
| Rising Adoption of BNPL Among Greek Gen-Z Shoppers | +0.7% | National, with concentration among younger demographics | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Surge in Mobile Shopping Driven by Widespread 5G Roll-out
Fifth-generation networks now cover 86% of Greek urban areas, enabling high-resolution images, livestream demos, and instant in-app payments that keep shoppers on handheld devices for longer sessions.[1]Ministry of Digital Governance, “The Greek National Digital Decade Strategic Roadmap,” digitalstrategy.gov.gr Retailers prioritise thumb-friendly page layouts, biometric login, and accelerated checkouts because mobile constitutes the majority of visits and revenue in the Greece e-commerce market. Delivery fleets integrate GPS tracking into apps, letting customers follow couriers in real time, which raises satisfaction and repeat purchase rates. Advertisers run location-aware push campaigns that convert footfall into digital traffic within minutes of store exposure. As network coverage extends to secondary cities by 2027, incremental users will deepen penetration across the Greece e-commerce market.
Government’s “Digital Bible” Tax Incentives Accelerating SME On-boarding
The 200% super-deduction for qualified digital expenses lowers entry costs for small merchants and creates a predictable payback period for web-store investments.[2]European Commission, “Case Study on Smart and Sustainable Growth: Supporting SMEs,” commission.europa.eu Uptake has been strongest in electronics and fashion micro-retailers that previously relied on neighbourhood foot traffic. Cloud providers and payment gateways are bundling discounted packages to align with the subsidy rules, further easing adoption. Regional chambers of commerce report improved digital skills after the government funded targeted training courses. As more SMEs list products online, inventory variety on domestic marketplaces rises, encouraging consumers to consolidate spending within local platforms and boosting the Greece e-commerce market.
Rapid Growth of Omnichannel Click-and-Collect Services
Seven leading retailers now synchronise store and online stock in real time, letting buyers reserve items online and collect within hours. This model addresses concerns about delivery reliability in dense urban areas and mitigates last-mile costs.[3]Bouhouras et al., “Unlocking the Potential of Pick-Up Points in Last-Mile Delivery,” mdpi.com Early adopters are recording lower return rates because customers can inspect goods before leaving the store. Retailers use in-store pickup to cross-sell complementary products, lifting average transaction values. Real-estate owners benefit from higher footfall, creating a virtuous loop that entrenches omnichannel fulfilment within the Greece e-commerce market.
Tourism-Led Luxury Spend Propelling Cross-Border Orders
Foreign arrivals outstrip 2019 levels, and affluent visitors often continue purchasing Greek luxury items after returning home. Brands have introduced duty-paid shipping options and multilingual after-sales support to capture these repeat orders. Dedicated microsites highlight Greek provenance, leveraging cultural narratives to differentiate from global competitors. Partnerships with hotel concierges and cruise operators steer travellers to curated digital storefronts. This cross-border activity injects premium margins and diversifies demand beyond the domestic base.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High Return Rates in Fashion Category Eroding Profitability | -1.2% | National, with higher impact in urban centers | Medium term (2-4 years) |
| Persistent Preference for Cash-on-Delivery Elevating Costs | -0.9% | National, with stronger effect in rural areas and islands | Medium term (2-4 years) |
| Fragmented Logistics Across Islands Raising Fulfilment Complexity | -0.7% | Island regions, particularly smaller Aegean islands | Long term (≥ 4 years) |
| Inflation-Induced Down-trading Limiting Average Order Values | -0.5% | National, with pronounced effect on lower-income segments | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
High Return Rates in Fashion Category Eroding Profitability
Return levels near 30% strain working capital, warehouse throughput, and sustainability targets. Size uncertainty and colour mismatch remain the top triggers, prompting retailers to pilot augmented-reality fitting rooms that overlay garments on user images. Some platforms reward shoppers who keep items with loyalty points, nudging behaviour while protecting margins. Courier firms are offering discounted reverse-logistics bundles to large merchants, yet smaller sellers bear higher per-unit costs. The issue underscores the importance of accurate product data and predictive sizing algorithms in protecting profitability across the Greece e-commerce market.
Persistent Preference for Cash-on-Delivery Elevating Costs
COD still dominates low-value orders outside metropolitan areas, imposing cash-handling costs and higher failed-delivery rates. Card-on-delivery terminals are a transitional fix, but merchants incur fee premiums for portable POS devices. Government digital-literacy campaigns and real-time bank transfer schemes are slowly shifting behaviour, yet trust barriers remain. Platforms emphasise buyer-protection guarantees and instant refunds to encourage prepaid methods. Until COD declines below critical mass, fulfilment budgets will carry a structural cost penalty.
Segment Analysis
By Business Model: B2C Dominates While B2B Gains Momentum
The B2C segment generates 88.02% of the Greece e-commerce market. Widespread mobile literacy, secure payment rails, and rich product content make online retail the default for electronics, groceries, and fashion. Consumer expectations for free returns and next-day delivery continue to climb, pressuring margins yet widening addressable demand. In contrast, B2B online procurement is valued lower today but is forecast to expand at a 12.8% CAGR as enterprises digitise sourcing and seek volume discounts through electronic catalogues. Government subsidies for SME digital platforms reduce the payback period for suppliers, and corporate buyers increasingly integrate e-invoicing, which streamlines reconciliation. Consequently, B2B will represent a rising share of the Greece e-commerce market size across the forecast window.
Large wholesalers adopt punch-out catalogues to interface with enterprise resource planning systems, cutting manual order entry. Freight forwarders negotiate dynamic pricing by pooling B2B volumes, improving delivery reliability to regional warehouses. Marketplaces are onboarding industrial supplies, safety equipment, and raw materials, moving beyond office stationery. Digital credit assessment tools shorten supplier onboarding cycles, while embedded financing options support bulk purchases. The interplay of automation and financing innovation positions B2B as a structural growth lever inside the Greece e-commerce market.
By Device Type: Mobile Sets the Standard for User Experience
Smartphones account for 65.23% of transaction value in 2024. Retailers optimise imagery compression and biometric authentication to keep checkout within two taps. Push notifications with personalised promotions drive repeat traffic during off-peak hours, smoothing server loads. Larger screen real estate on foldable devices encourages higher average order values for furniture and electronics. Other connected devices, including wearables and voice-enabled home assistants, grow from a low base at a 13.1% CAGR as consumers embrace ambient commerce. Laptops remain relevant for complex B2B orders requiring detailed specification comparison, supporting a balanced device mix within the Greece e-commerce market.
5G edge computing supports augmented reality overlays that preview furniture in real scale through mobile cameras, improving conversion. Retailers integrate low-code app builders to iterate features rapidly and align with evolving OS guidelines. In-app wallets autofill loyalty points, while context-aware chatbots resolve queries without redirecting to desktops. These user-experience advancements reinforce mobile’s primacy and anchor the Greece e-commerce market size gains attributed to handheld devices.
By Payment Method: Digital Wallets Challenge Card Leadership
Cards hold a 61.05% share in 2024 online spend. Strong dispute-resolution frameworks and widespread merchant acceptance underpin this position. Digital wallets, however, post a 14.2% CAGR, propelled by single-click authentication, integrated rewards, and biometric security. Younger cohorts prefer wallet apps linked to debit instruments, trusting device fingerprint sensors over card data entry. BNPL modules embedded within wallets raise conversion on discretionary categories, while instant bank transfers close settlement cycles for merchants. Cash-on-delivery, though declining, serves risk-averse first-time shoppers, particularly beyond large urban areas, prolonging payment method diversity across the Greece e-commerce market.
Payment processors invest in tokenisation to minimise fraud, lowering chargeback ratios. Loyalty coalitions integrate airline miles and grocery points into wallet ecosystems, encouraging repeat usage. Regulatory frameworks such as PSD2 mandate strong customer authentication, which wallets satisfy via facial recognition, giving them a compliance edge. Merchants weigh interchange fees against wallet incentives as they design checkout flows. These factors collectively reshape spending patterns and influence the Greece e-commerce market share of each payment method.
Note: Segment shares of all individual segments available upon report purchase
By B2C Product Category: Food & Beverages Retain the Lead
Food & beverages produced 27.21% of the Greece e-commerce market size in 2024. Quick-commerce operators promise delivery within 15 minutes in major cities, motivating basket consolidation and subscription upgrades. Grocers leverage dark stores near high-density zones to optimise picking efficiency. Meanwhile, beauty & personal care registers a 12.3% CAGR, buoyed by AI-based skin-analysis quizzes that generate tailored product bundles. Ethical ingredient sourcing seals customer loyalty among millennials who value transparency.
Consumer electronics sustain volume through flash-sale promotions that leverage real-time inventory feeds. Fashion faces margin headwinds from returns, prompting investment in 3D sizing guides. Home furnishings benefit from augmented reality staging and deferred-payment options. Toy and hobby segments peak during holiday seasons, supported by influencer-driven unboxing content. These dynamics illustrate the varied growth arcs that coexist under the Greece e-commerce market umbrella.
Geography Analysis
Athens and Thessaloniki contribute the majority of order volumes, supported by 86% 5G penetration and dense courier networks. Automated parcel machine availability remains below European norms, at 712,170 inhabitants per unit, yet expansion plans target a 50% improvement by 2027. Coastal and island regions lag due to fragmented logistics; nevertheless, tourism inflows drive premium sales in Mykonos, Santorini, and Crete, especially for luxury goods that tourists continue purchasing online post-departure. Rural mainland areas show rising adoption as digital literacy programs extend broadband and smartphone subsidies.
Cross-border commerce now accounts for 30% of Greek online shoppers, with Germany, Italy, and China ranking as top source markets. Harmonised EU VAT rules and the Digital Services Act are lowering administrative barriers, encouraging merchants to localise listings in multiple languages. Forwarders route parcels through regional hubs near Patras and Alexandroupoli ports, shortening inbound lead times. These improvements integrate Greece more tightly into the continental fulfilment grid, boosting overall resilience of the Greece e-commerce market.
Regional governments invest in road upgrades and cold-chain facilities to stimulate agricultural exports via e-commerce channels, diversifying rural income. The National Broadband Plan targets full fibre coverage for 90% of households by 2030, promising further uplift. Combined, these infrastructure and policy efforts position geography as both a challenge and an opportunity for scaling the Greece e-commerce market.
Competitive Landscape
The market exhibits moderate concentration, with local platform Skroutz and international giants Amazon and Alibaba occupying the top tier. Local knowledge allows Greek marketplaces to curate region-specific assortments and offer cash-on-delivery, while global players deploy scale advantages in cross-border logistics and cloud infrastructure. Price competition in electronics and fashion is intense, pushing firms to differentiate through value-added services such as real-time order tracking, same-day delivery, and AI-driven product recommendations.
Strategic partnerships are proliferating. ACS collaborates with property managers to install parcel lockers in residential complexes, shrinking final-mile distances. Payment provider Viva Wallet integrates BNPL functionality directly into merchant checkouts, raising conversion among budget-conscious consumers. Retailers invest in augmented reality to lower fashion returns and protect gross profit. The emphasis on service quality reflects a shift from pure price wars to holistic customer-experience leadership within the Greece e-commerce market.
White-space opportunities remain in niche verticals such as gourmet foods and medical supplies, where incumbents lack specialised fulfilment capabilities. International entrants Temu and ABOUT YOU pursue aggressive discounting and sustainability labelling respectively, forcing incumbents to refine positioning. Continuous innovation and adaptive logistics models will determine long-term winners as the Greece e-commerce market evolves.
Greece E-commerce Industry Leaders
-
Skroutz S.A.
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Kotsovolos (Dixons South-East Europe S.A.)
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Plaisio Computers S.A.
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RetailWorld S.A.
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e-shop.gr
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- March 2025: Skroutz deployed augmented-reality try-on features for fashion and home décor, aiming to cut return rates and enhance buyer confidence, which protects operating margins.
- February 2025: COSMOTE e-value launched an AI customer-service suite offering multilingual chatbots and sentiment analytics, enabling merchants to reduce support costs and personalise engagement.
- January 2025: RetailWorld secured EUR 25 million (USD 27 million) to strengthen omnichannel integration, prioritising inventory visibility and click-and-collect rollout across its store network.
- December 2024: Plaisio Computers introduced a B2B portal with tiered pricing and automated quotation, positioning the firm to capture the faster-growing enterprise procurement segment.
Greece E-commerce Market Report Scope
E-commerce is the buying and selling of goods and services over the internet through online shopping. However, this term is often used to describe all the seller's efforts in selling products directly to consumers. It begins when potential customers learn about a product, buy it, use it, and ideally maintain lasting customer loyalty.
The study also tracks key market metrics, underlying growth influencers, and significant industry vendors, providing support for market estimates and growth rates in the Greece E-commerce market throughout the anticipated period. The study goes on to look at Covid-19's overall influence on the ecosystem. The report's scope includes market size and forecasting for B2B and B2C segments, with the B2C channel being further split by application.
The Greece E-commerce Market is also segmented into B2C E-commerce by application (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, Furniture and Home), and B2B E-commerce.
| B2C |
| B2B |
| Smartphone / Mobile |
| Desktop and Laptop |
| Other Device Types |
| Credit / Debit Cards |
| Digital Wallets |
| BNPL |
| Other Payment Method |
| Beauty and Personal Care |
| Consumer Electronics |
| Fashion and Apparel |
| Food and Beverages |
| Furniture and Home |
| Toys, DIY and Media |
| Other Product Categories |
| By Business Model | B2C |
| B2B | |
| By Device Type | Smartphone / Mobile |
| Desktop and Laptop | |
| Other Device Types | |
| By Payment Method | Credit / Debit Cards |
| Digital Wallets | |
| BNPL | |
| Other Payment Method | |
| By B2C Product Category | Beauty and Personal Care |
| Consumer Electronics | |
| Fashion and Apparel | |
| Food and Beverages | |
| Furniture and Home | |
| Toys, DIY and Media | |
| Other Product Categories |
Key Questions Answered in the Report
What is the current value of the Greece e-commerce market?
The Greece e-commerce market is valued at USD 34.63 billion in 2025 and is on track to reach USD 55.72 billion by 2030.
Which segment of the Greece e-commerce market is growing the fastest?
The B2B segment records the highest forecast growth, expanding at a 12.8% CAGR as enterprises embrace digital procurement.
How important are mobile devices to online retail in Greece?
Smartphones account for 65.23% of 2024 transaction value, making mobile optimisation a strategic imperative for merchants.
What payment methods dominate Greek online shopping?
Cards lead with a 61.05% share, though digital wallets are gaining rapidly with a 14.2% CAGR expected through 2030.
Why are click-and-collect services expanding so quickly?
They address delivery reliability concerns, reduce last-mile costs, and create store traffic for cross-selling, contributing a +1.5% impact on market CAGR.
What logistical challenge is unique to the Greece e-commerce market?
Serving the many Aegean islands raises fulfilment complexity, contributing a –0.7% drag on forecast CAGR until infrastructure upgrades mature.
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