eCommerce market in Luxembourg

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

in million US$

eCommerce revenue growth in Luxembourg

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)65.37.217.212.955.543.288.826.0

Online share

eCommerce online share in Luxembourg

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Luxembourg retail market, the online share is 14.4% and will increase by an average of 6.7% to 18.6% by 2028.

eCommerce online share in Luxembourg

in %
20202021202220232024202520262027
Online share (in %)52.0%47.6%17.9%83.3%69.8%78.2%52.8%38.8%