"This is great news for online retailers," said Karin von Abrams, senior analyst at eMarketer. "There is no doubt that the rising cost of fuel is tempting consumers to shop at home, and the trend will probably be buoyed by their need to ensure they are getting value for money."
UK retail e-commerce spending will reach £44.9 billion ($83.9 billion) in 2012, according to Verdict Research.
Mintel International Group predicted slightly lower sales in 2012, reaching €56.0 billion ($73.36 billion). Neither company provided 2008 figures to the public.
Ms. von Abrams said that still more businesses would probably benefit from increased online buying.
"Well-run online department stores, such as UK bedrock retailer John Lewis, will likely also capitalize on the benefits of Internet shopping in an economic downturn," she noted.