The research, which was conducted by the popular fashion brand FatFace, analysed a number of metrics, including the likelihood of snow between November and December as well as the number of visitors expected to create a  “Festivity Score”.

Christmas markets across the continent were included with those in Vilnius, Oslo and Innsbruck making the cut.

Edinburgh Christmas Market named one of the best in Europe

The Edinburgh Christmas Market was named the eighth-best in Europe (Image: Getty Images) The Edinburgh Christmas Market was named the eighth best in Europe, beating out the likes of Turku in Finland and Strasbourg in France.

The Scottish market was the only one in the UK to be featured in the FatFace list, receiving an overall Festivity Score of 73/100.

Despite this, the probability of snow over November and December was the lowest here with only an 11% chance of a white Christmas.

However, the market was able to improve its score thanks to the number of visitors it attracts each year and the number of related hashtags being posted to Instagram.

The Edinburgh Christmas Market attracts hundreds of thousands of people to the Scottish capital (Image: Getty Images)

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See the top 10 Christmas markets in Europe

These are the top 10 Christmas markets to visit across Europe, including the one in Edinburgh.

1. Innsbruck, Austria

Festivity Score: 95

2. Tallinn, Estonia

Festivity Score: 89

3. Helsinki, Finland

Festivity Score: 83

4. Vilnius, Lithuania

Festivity Score: 79

5. Oslo, Norway

Festivity Score: 78

6. Riga, Latvia

Festivity Score: 77

7. Merano, Italy 

Festivity Score: 76

8. Edinburgh, Scotland

Festivity Score: 73

9. Turku, Finland

Festivity Score: 72

10. Strasbourg, France

Festivity Score: 71

The Edinburgh Christmas Market was the only Scottish and British market named among the top 10 in Europe.