The global revenue in the luxury fashion segment of the luxury goods e-commerce market was forecast to continuously increase between 2024 and 2029 by in total 12.6 billion U.S. dollars (+61.7 percent). After the sixth consecutive increasing year, the revenue is estimated to reach 33.03 billion U.S. dollars and therefore a new peak in 2029.
Luxury fashion e-commerce revenue worldwide from 2017 to 2029
(in billion U.S. dollars)
Data provided by Statista Market Insights are estimates.
Definition:
The eCommerce Luxury Fashion market includes the online sales of high-end fashion products, including clothing, accessories, and footwear, offered by luxury brands and designers. These products are targeted towards affluent consumers who value exclusivity, quality, and prestige. The eCommerce Luxury Fashion market allows customers to browse and purchase luxury fashion items conveniently from the comfort of their own homes, offering a wide range of products from renowned fashion houses.
Structure:
The market consists of two parts, namely: Luxury Apparel and Luxury Footwear. For more information on the definitions, please visit the respective market page.
Additional information:
eCommerce Luxury Fashion 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 include VAT. The market only displays B2C revenues and users for the above-mentioned markets, hence C2C, B2B, and reCommerce are not included.
Key players in the market are companies, such as Louis Vuitton, Gucci, and Chanel.
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. (November 19, 2024). Luxury fashion e-commerce revenue worldwide from 2017 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 25, 2024, from https://www.statista.com/statistics/1537069/global-luxury-fashion-e-commerce-revenue/
Statista. "Luxury fashion e-commerce revenue worldwide from 2017 to 2029 (in billion U.S. dollars)." Chart. November 19, 2024. Statista. Accessed December 25, 2024. https://www.statista.com/statistics/1537069/global-luxury-fashion-e-commerce-revenue/
Statista. (2024). Luxury fashion e-commerce revenue worldwide from 2017 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 25, 2024. https://www.statista.com/statistics/1537069/global-luxury-fashion-e-commerce-revenue/
Statista. "Luxury Fashion E-commerce Revenue Worldwide from 2017 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Nov 2024, https://www.statista.com/statistics/1537069/global-luxury-fashion-e-commerce-revenue/
Statista, Luxury fashion e-commerce revenue worldwide from 2017 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1537069/global-luxury-fashion-e-commerce-revenue/ (last visited December 25, 2024)
Luxury fashion e-commerce revenue worldwide from 2017 to 2029 (in billion U.S. dollars) [Graph], Statista, November 19, 2024. [Online]. Available: https://www.statista.com/statistics/1537069/global-luxury-fashion-e-commerce-revenue/
