eCommerce market in Luxembourg
Luxembourg is the 62nd largest market for eCommerce with a predicted revenue of US$1,313.2 million by 2024, placing it ahead of Bulgaria. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 3.9%, resulting in a projected market volume of US$1,529.2 million by 2028. With an expected increase of 4.4% in 2024, the Luxembourg eCommerce market contributed to the worldwide growth rate of 10.4% in 2024. Like in Luxembourg, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Luxembourg eCommerce market. Hobby & Leisure is the largest market and accounts for 25.4% of the Luxembourg eCommerce revenue. It is followed by Electronics with 21.2%, Fashion with 18.0%, Furniture & Homeware with 11.6%, Care Products with 9.2%, DIY with 8.8%, and Grocery with the remaining 5.8%.
Market development
eCommerce revenue development in Luxembourg
Luxembourg is the 62nd largest market for eCommerce with a predicted revenue of US$1,313.2 million by 2024, placing it ahead of Bulgaria. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 3.9%, resulting in a projected market volume of US$1,529.2 million by 2028. With an expected increase of 4.4% in 2024, the Luxembourg eCommerce market contributed to the worldwide growth rate of 10.4% in 2024. Like in Luxembourg, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Luxembourg eCommerce market. Hobby & Leisure is the largest market and accounts for 25.4% of the Luxembourg eCommerce revenue. It is followed by Electronics with 21.2%, Fashion with 18.0%, Furniture & Homeware with 11.6%, Care Products with 9.2%, DIY with 8.8%, and Grocery with the remaining 5.8%.
eCommerce revenue development in Luxembourg
eCommerce revenue growth in Luxembourg
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 89.1 | 90.0 | 43.9 | 67.2 | 96.6 | 94.1 | 4.8 | 46.8 |
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