Luxury E-commerce Market Insights: Trends & Competitive Analysis 2032

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The global luxury e-commerce market is poised for significant expansion, driven by increasing internet penetration, changing consumer preferences, and rapid technological advancements. The market, valued at approximately $42.6 billion in 2023, is projected to grow at a CAGR of 10.8% from 2024 to 2032, reaching an estimated $115.3 billion by the end of the forecast period.