The number of users in the luxury goods e-commerce market in the United States was forecast to continuously increase between 2024 and 2029 by around 26.4 million users (+20.07 percent). After the twelfth consecutive increasing year, the indicator is estimated to reach 157.91 million users and therefore a new peak in 2029.
Number of users in the luxury goods e-commerce market in the United States from 2017 to 2029
(in million users)
Data provided by Statista Market Insights are estimates.
Definition:
eCommerce Luxury Goods refers to the online sales of high-end and premium products, such as designer clothing, accessories, jewelry, and watches. This market focuses on the digital distribution of luxury items through various online platforms, including dedicated luxury brand websites, multi-brand retail websites, and online marketplaces. The eCommerce Luxury Goods market allows consumers to conveniently browse and purchase luxury products from the comfort of their own homes, offering a wide selection of prestigious brands and exclusive collections.
Structure:
The market consists out of several parts, namely: Luxury Eyewear, Luxury Fashion, Luxury Leather Goods, Luxury Watches & Jewelry, Prestige Cosmetics & Fragrances. For more information on the definitions, please visit the respective market page.
Additional information:
eCommerce Luxury Goods comprises revenues, users, average revenue per user, and penetration rates. Revenues are derived from annual filings, national statistical offices, Google- and Alibaba-Trends, and industry knowledge. Sales Channels show online and offline revenue shares, as well as desktop and mobile sales distribution. Revenues are including VAT. The market only displays B2C revenues and users for the above-mentioned markets, hence C2C, B2B, and reCommerce are not included. Additional definitions can be found on each respective market page.
Key players in the market are companies, such as LVMH Moët Hennessy Louis Vuitton SE, Richemont SA, and Prada Group.
Market numbers for the total market sizes (online + offline) can also be found on the respective pages of the Consumer Market Insights.
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Statista. (October 8, 2024). Number of users in the luxury goods e-commerce market in the United States from 2017 to 2029 (in million users) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/forecasts/1497677/us-users-luxury-goods-e-commerce-market
Statista. "Number of users in the luxury goods e-commerce market in the United States from 2017 to 2029 (in million users)." Chart. October 8, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/forecasts/1497677/us-users-luxury-goods-e-commerce-market
Statista. (2024). Number of users in the luxury goods e-commerce market in the United States from 2017 to 2029 (in million users). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/forecasts/1497677/us-users-luxury-goods-e-commerce-market
Statista. "Number of Users in The Luxury Goods E-commerce Market in The United States from 2017 to 2029 (in Million Users)." Statista, Statista Inc., 8 Oct 2024, https://www.statista.com/forecasts/1497677/us-users-luxury-goods-e-commerce-market
Statista, Number of users in the luxury goods e-commerce market in the United States from 2017 to 2029 (in million users) Statista, https://www.statista.com/forecasts/1497677/us-users-luxury-goods-e-commerce-market (last visited November 17, 2024)
Number of users in the luxury goods e-commerce market in the United States from 2017 to 2029 (in million users) [Graph], Statista, October 8, 2024. [Online]. Available: https://www.statista.com/forecasts/1497677/us-users-luxury-goods-e-commerce-market
