Electronics & Media market in Luxembourg

The Luxembourg Electronics & Media eCommerce market is predicted to reach US$158.0 million by 2023 and accounts for 11.9% 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 2023-2027) will be 1.3%, resulting in a projected market volume of US$166.7 million by 2027. Within the Electronics & Media market ecommerceDB considers the following two sub-markets: Consumer Electronics and Books, Movies, Music & Games.

Market development

eCommerce revenue development in the Radios market in Luxembourg

The Luxembourg Radios eCommerce market is predicted to reach US$0.8 million by 2023 and accounts for 3.3% of the TV, Radio & Multimedia 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 2023-2027) will be 1.5%, resulting in a projected market volume of US$0.8 million by 2027. The Radios eCommerce market is a sub-market of the TV, Radio & Multimedia market. Further categories within the TV, Radio & Multimedia market are: Digital Cameras, Headphones, Speakers, Televisions, and Video Game Consoles.

eCommerce revenue development in the Radios market in Luxembourg

in million US$, in %

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 59.2 78.5 32.3 24.6 55.7 12.1 12.6 75.2
AOV (in US$) 13.4 32.7 13.6 2.7 61.4 60.7 95.5 36.8
CVR (in %) 59.2 78.5 32.3 24.6 55.7 12.1 12.6 75.2
AOV: Average Order Value CVR: Conversion Rate