Grocery market in Luxembourg
The Luxembourg Grocery eCommerce market is predicted to reach US$69.6 million by 2024 and accounts for 5.8% of the total eCommerce market in Luxembourg. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 11.8%, resulting in a projected market volume of US$108.7 million by 2028. Within the Grocery market ECDB considers the following two sub-markets: Food and Beverages.
Market development
eCommerce revenue development in the Beverages market in Luxembourg
The Luxembourg Beverages eCommerce market is predicted to reach US$30.2 million by 2024 and accounts for 43.4% of the Grocery eCommerce market in Luxembourg. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 12.0%, resulting in a projected market volume of US$47.5 million by 2028. The Beverages eCommerce market is a sub-market of the Grocery market. Further categories within the Grocery market are: Food.
eCommerce revenue development in the Beverages market in Luxembourg
eCommerce revenue growth in the Beverages market in Luxembourg
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 18.4 | 2.4 | 99.6 | 52.4 | 62.0 | 43.3 | 29.7 | 75.9 | ||||
as of Grocery (in %) | 28.9 | 26.5 | 24.8 | 25.9 | 27.1 | 27.3 | 27.0 | 26.6 | 26.3 | 26.0 | 25.7 | 25.4 |
Market definition
Definition of the Beverages market within the Grocery market
Market definition: Grocery > Beverages The category Beverages covers the sale of alcoholic beverages (e.g. wines, liquors, beers) and non-alcoholic beverages (e.g. water, juices, coffee). This category does not cover restaurant or bar pick-up and nutritional drinks (e.g. meal replacement shakes, protein shakes). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Alcoholic beverages (e.g. wines, liquors, beers)
- Non-alcoholic beverages (e.g. water, juices, coffee)
Out-of-scope
- Restaurant or bar pick-up
- Nutritional drinks (e.g. meal replacement shakes, protein shakes)
Market comparison
The Luxembourg Beverages market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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