2026
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UK Online Retailing: Marketplaces and Peer-to-peer Selling Market Report 2026
2026-02-11T12:10:39+00:00
REP01B9CD56_44AE_49CD_BE5F_07F3062AA2F6
2995
191124
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Report
en_GB
Online marketplaces and peer-to-peer platforms now account for just under a third of UK online retail spending, reaching £34.1 billion in Gross Merchandise Value (GMV) excluding VAT for 2025. However,…
UK
eCommerce
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UK Online Retailing: Marketplaces and Peer-to-peer Selling Market Report 2026

"As the market matures, differentiation through curation as well as capitalising on positive sentiment towards UK-sourced products will present key opportunities."

Natalie Macmillan, European Analyst - Retail

Online marketplaces and peer-to-peer platforms now account for just under a third of UK online retail spending, reaching £34.1 billion in Gross Merchandise Value (GMV) excluding VAT for 2025. However, sector growth has slowed to 3.7% between 2024-25, lagging the wider e-commerce market and signalling the end of a period of higher growth rates. This shift reflects a sector settling into maturity, shaped by tougher regulation, new technology and shifting consumer confidence.

Stricter product safety rules and the phasing out of low-value import duty exemptions will increasingly favour domestic retailers – whom are more trusted platforms over discount-focused overseas rivals. AI is rapidly advancing personalisation, fraud detection and seller productivity, raising the stakes for seamless discovery and shopping experiences. However, as financial confidence recovers, the appeal of value-driven cross-border marketplace spending will lose some of its appeal.

The key growth opportunity is now in premium recommerce and frictionless, hyper-local second-hand shopping – contrasting with the risk of market share loss to social commerce (eg TikTok Shop) and AI-powered search if established marketplaces fail to differentiate on curation and trust.

This Report Looks at the Following Areas:

  • Sales and growth rates of online marketplaces and peer-to-peer platforms and how they compare with the wider UK online retail market.
  • The impact of updated and new regulatory frameworks, including the Digital Markets Act, product safety law reform and the forthcoming abolition of the low-value import duty threshold (de minimis).
  • The growing importance of sustainability and recommerce.
  • The challenge from new forms of discovery that bypass traditional marketplaces in the product selection journey.
  • Consumer demand for curation and edited ranges to combat decision fatigue.
  • How trust and UK-based localisation have emerged as key differentiators.

Market Definitions

This Report explores online marketplaces and peer-to-peer sites. For the purpose of this Report, Mintel has defined these two types of operations as:

Marketplaces: marketplaces refers to either an entire B2C website, or an aspect of a website, which typically allows any – usually subject to checks – businesses and individual sellers, often referred to as ‘third-party sellers’, to use that website to sell goods to consumers. Products sold on marketplace are predominantly done at a fixed price. The marketplace operator will then typically receive a fee or portion of the sale for products sold through the site. Some marketplaces also involve end-to-end handling of goods, from warehousing to delivery, either as a requirement of using the platform or as an additional service with added cost for sellers (eg Fulfilled by Amazon).

Peer-to-peer: refers to any website, or aspect of a website, that facilitates individual sellers to sell to other individuals. Goods sold through such sites are often, but not exclusively, second-hand and many allow negotiation on price between seller and buyer. In most instances, the seller retains all responsibility for communication and distribution to buyers.

The definitions above are broad, and a number of businesses profiled in this Report operate across both definitions (such as eBay). There may be overlap in certain business models within this categorisation. ‘Closed marketplaces’ or ‘platforms’, such as Next Total Platform, are not included in the core definition, as access to these platforms is not universal and in most instances subject to B2B contracts to list on these sites.

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  1. EXECUTIVE SUMMARY

    • What you need to know
    • Outlook for online retailing: marketplaces and peer-to-peer selling
    • Opportunities
    • Curation as a commercial differentiator
    • Turn local trust into a competitive advantage
    • Evolve from AI tools to AI‑driven seller performance standards
  2. THE MARKET

    • Snapshot – market size and forecast
    • Economic outlook in UK continues to be difficult
    • Graph 1: British household financial confidence, 2019-25
    • Changes to the ‘de minimis’ threshold will level the playing field
    • Many other factors are influencing demand
    • Online retail sales continue their recovery
    • Graph 2: trends in online sales and online sales as a percentage of total retail sales, 2019-25
    • Graph 3: annual changes in online retail sales**, by month, January 2024-October 2025
    • Online retail sales trends
    • Combined sales of leading marketplace and peer-to-peer operators were up 3.7% in 2025
    • Market valued at £34.1 billion in 2025
    • Online marketplaces and peer-to-peer platforms take almost a third of online spending
    • Graph 4: estimated sales of online marketplaces* and peer-to-peer platforms, excluding VAT, 2019-25
  3. THE CONSUMER

    • Who shops with marketplaces and on peer-to-peer platforms
    • New momentum among retailer-run marketplaces
    • Online shoppers at retailer-run marketplaces skew clearly younger
    • Graph 5: demographics of shoppers at leading retailer-run marketplaces, by gender and age, 2025
    • Other marketplace choices reflect changing shopper priorities
    • Graph 6: marketplace shoppers at leading peer-to-peer, new and second-hand marketplaces, 2025
    • Marketplace shopping is well established and motivated by more than saving money
    • Graph 7: demographics of shoppers at leading peer-to-peer/second-hand marketplace operators, 2025
    • Platforms must cater to the needs of a diverse range of shoppers
    • The rise of resale retailing
    • eBay holds the lead as specialist and social platforms rise
    • Graph 8: sellers at second-hand and peer-to-peer marketplaces, 2025
    • Selling activity is less common than buying
    • Younger men are the most likely to sell products online
    • Private sellers becoming more professional
    • P2P fuelling micro-entrepreneurship
    • Value for money is an important driver for second-hand marketplace purchases
    • Multiple drivers underpin the appeal of P2P platforms
    • Second-hand is now mainstream
    • Traditional retailers are raising the bar
    • Driving higher standards in premium recommerce
    • The trust challenge in marketplace shopping
    • Trust is a vital element
    • Graph 9: trust related attitudes to marketplace shopping, 2025
    • Vast majority prefer to buy from UK-based marketplace sellers
    • Marketplaces can use localism to counteract concerns about buying from abroad
    • Convenience as a growth engine
    • Convenience is becoming a differentiator
    • Graph 10: convenience-related attitudes to marketplace sellers, 2025
    • Enhancing convenience in second-hand
    • Omnichannel and loyalty perks can enhance convenience at retailer-run marketplaces
    • A single reliable touchpoint for shoppers at retailer-run marketplaces
    • From choice overload to curated commerce
    • Two thirds prefer curation over choice
    • Curation vs all things
    • Graph 11: attitudes to choice when shopping on marketplaces, 2025
    • Turning overwhelm into opportunity
  4. RETAILER ACTIVITY

    • Leading retailers and platforms
    • Amazon stretches its lead
    • Graph 12: estimated share of total GMV of leading identified marketplace and peer-to-peer sites, 2024 and 2025*
    • Amazon shifts its stance on working with third-party AI
    • Vinted spreads its wings
    • ASOS and Debenhams/Boohoo pivot towards marketplace models
    • Retailer-run marketplaces – different approaches to curation
    • B&Q pilots click and collect for marketplace items
    • Vinted has the highest customer frequency
    • Graph 13: top 10 marketplaces and peer-to-peer platforms by total customer spend, average customer spend and average spend per transaction, November 2025
  5. INNOVATION AND MARKETING

    • Launch activity and innovation
    • AI tools and personalisation come to the fore
    • Sustainability continues to drive demand for resale
    • Advances in seller tools look to boost seller numbers
    • Advertising and marketing
    • eBay urges shoppers to think of the possibilities of selling for free
    • eBay works to reassure by expanding authenticity guarantees
    • Vinted sponsors RE/style TV show
    • Vinted’s ‘New Eras Again’ campaign
    • Etsy and NOTHS look to distance themselves from other marketplaces
  6. APPENDIX

    • Consumer Data
    • Change in shopper demographics at leading retailer-operated marketplaces
    • Market definition
    • Market Size methodology
    • Advertising and marketing
    • Social media is the leading advertising channel for online marletplaces
    • The consumer
    • Consumer research questions
    • Consumer research methodology
    • UK generation groups
    • Other data source methodologies
    • Nielsen Ad Intel coverage
    • Abbreviations and terms

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