Luxury E commerce Market Insights Video

According to Cognitive Market Research, The Global Luxury E Commerce market size is USD 418.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 8.00% from 2023 to 2030.

• The increased demand for convenience among consumers in the luxury e-commerce sector suggests that efficient and streamlined purchasing processes are necessary.
• Demand for clothing & footwear remains higher in the luxury e-commerce market.
• The B2B category held the highest luxury e-commerce market revenue share in 2023.
• North America will continue to lead, whereas the Asia Pacific luxury e-commerce market will experience the most substantial growth until 2030.