Every year, there are several e-commerce events that take place in Luxembourg. Considering the
fact that huge number of the country’s population use online platforms, these
events are becoming increasingly popular.
According to its Statistics Portal, in 2018, 93 percent of
households had access to the Internet. In the same year, 15 percent of these
individuals used the Web to sell goods and services. Online shopping platforms give merchants the opportunity to target
a wider audience. It was also reported that 62 percent of cosumers processed
their most recent purchase on the Internet during the last three months before
the survey was conducted.
Those living in Luxembourg can choose between several ways
to complete payments when shopping online. According to a study from
‘E-commerce Foundation’, 39 percent of consumers preferred online banking, 34
percent opted for credit cards, 31 percent chose digicash and 30 percent
used their debit cards. The analysis further revealed that this sector was
worth 797 million euros in 2018. It is predicted that business-to-consumer
e-commerce will grow to 869 million euros in 2019. This would be an increase of
9 percent. The most popular product bought online is tickets for shows and
other events. This is followed by books and magazines and household items.
E-commerce
is very popular in Luxembourg
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