Source: eMarketer, June 2022 - May 2023
Note: includes items purchased over the internet, regardless of the method of payment or fulfillment, such as ready-to-wear designer clothing and footwear, bags and accessories (including eyewear), jewelry and watches, and cosmetics and fragrances that meet the definition of "luxury"; excludes luxury automobiles, travel and leisure services, boats and yachts; fine art and collectibles, and fine wines and spirits; includes goods sold by wholesalers and retailers except those that mainly resell of other companies' luxury brands
Additional Note: Luxury items are products that are priced at a premium and feature a higher level of quality, craftsmanship, customer service, exclusivity, and/or scarcity relative to the majority of goods in a given product category.
Methodology: Estimates are based on the analysis of data from other research firms, historical trends, reported and estimated revenues from major retailers, consumer buying trends, and macro-level economic conditions.