According to this year's Global Brand Counterfeiting Report, which was published in May, online sales of fake luxury goods accounted for 31 percent of total counterfeiting-related losses in 2017, which were estimated at $98 billion in the high-end consumer goods sector around the world. In its examination of the luxury industry, the report focused on counterfeiting in the clothing, textile, footwear, cosmetics, handbags, and watches categories. Across all industries, total losses due to counterfeiting in 2017 were estimated at around $1.2 trillion, including online sales of $323 billion, and they are expected to reach $1.82 trillion by 2020. The full Global Brand Counterfeiting Report 2018 also examines the relationship between counterfeiting and social media, as well as the potential future threat of 3D printing. It is available for purchase on