eCommerce market in Luxembourg
Luxembourg is the 78th largest market for eCommerce with a predicted revenue of US$1,323.6 million by 2023, placing it ahead of Bahrain. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 7.9%, resulting in a projected market volume of US$1,794.2 million by 2027. With an expected increase of 14.9% in 2023, the Luxembourg eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Luxembourg, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Luxembourg eCommerce market. Fashion is the largest market and accounts for 38.0% of the Luxembourg eCommerce revenue. It is followed by Food & Personal Care with 25.2%, Toys, Hobby & DIY with 13.1%, Electronics & Media with 11.9%, and Furniture & Appliances with the remaining 11.7%.
Market development
eCommerce revenue development in Luxembourg
Luxembourg is the 78th largest market for eCommerce with a predicted revenue of US$1,323.6 million by 2023, placing it ahead of Bahrain. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 7.9%, resulting in a projected market volume of US$1,794.2 million by 2027. With an expected increase of 14.9% in 2023, the Luxembourg eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Luxembourg, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Luxembourg eCommerce market. Fashion is the largest market and accounts for 38.0% of the Luxembourg eCommerce revenue. It is followed by Food & Personal Care with 25.2%, Toys, Hobby & DIY with 13.1%, Electronics & Media with 11.9%, and Furniture & Appliances with the remaining 11.7%.
eCommerce revenue development in Luxembourg
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 22.1 | 94.8 | 31.6 | 55.0 | 82.7 | 65.1 | 35.9 | 50.4 |
| AOV (in US$) | 30.0 | 27.5 | 99.1 | 9.5 | 9.0 | 31.8 | 72.3 | 56.1 |
| CVR (in %) | 22.1 | 94.8 | 31.6 | 55.0 | 82.7 | 65.1 | 35.9 | 50.4 |
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