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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 430.87 Billion

CAGR (2026-2031)

7.84%

Fastest Growing Segment

Multi-Branded Stores

Largest Market

Europe

Market Size (2031)

USD 677.68 Billion

Market Overview

The Global Luxury Goods Market will grow from USD 430.87 Billion in 2025 to USD 677.68 Billion by 2031 at a 7.84% CAGR. Luxury goods encompass premium products such as haute couture, accessories, and hard luxury items that are distinguished by superior craftsmanship, scarcity, and high price points. The market is fundamentally driven by the expanding purchasing power of high-net-worth individuals and the resurgence of global tourism which facilitates high-value spending across major capitals. Furthermore, a growing consumer appetite for experiential luxury continues to propel the industry forward as buyers increasingly prioritize unique brand interactions over traditional passive consumption.

Despite these strengths, the sector faces a significant challenge in the form of softening demand within key Asian markets due to macroeconomic uncertainties. This regional contraction has impacted export volumes and dampened growth figures for major segments. According to the Federation of the Swiss Watch Industry, in 2024, Swiss watch exports decreased by 2.8% to 25.9 billion Swiss Francs. This decline highlights the volatility that international trade dynamics can introduce to the broader luxury landscape.

Key Market Drivers

The expansion of the pre-owned and circular luxury economy has emerged as a critical driver, fundamentally altering consumer purchasing behavior through a focus on sustainability and investment value. As buyers increasingly view high-end items as tradable assets, the secondary market has professionalized, offering authentication services that build trust and liquidity. This shift is particularly evident in hard luxury categories where scarcity and material quality drive long-term value retention, encouraging consumers to purchase with future resale in mind. According to The RealReal, August 2024, in the '2024 Luxury Resale Report', sales for fine jewelry priced at $5,000 and above increased by 22% year-over-year, underscoring the growing consumer appetite for high-value investment pieces within the circular ecosystem.

Simultaneously, the accelerated adoption of e-commerce and omnichannel retail strategies is reshaping how brands engage with a digitally native client base. Luxury houses are moving beyond brick-and-mortar exclusivity to offer seamless digital experiences that cater to convenience, personalization, and early access. According to Saks, November 2024, in the 'Saks Luxury Pulse' survey, 70% of luxury consumers indicated plans to start holiday shopping before Thanksgiving, with a distinct shift toward focusing their shopping online. This digital resilience complements the stability seen in the top-tier segment; according to Hermès, in October 2024, the company reported a robust 11.3% increase in third-quarter sales at constant exchange rates, demonstrating that demand for ultra-luxury heritage brands remains insulated from wider economic volatility.

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Key Market Challenges

Softening demand within key Asian markets due to macroeconomic uncertainties represents a significant bottleneck for the Global Luxury Goods Market. This regional contraction hampers the industry by eroding a primary revenue engine that major brands have relied upon for exponential growth. As economic volatility and shifts in consumer confidence impact disposable incomes in these territories, there is a marked reduction in discretionary spending on high-value items. Consequently, luxury houses face accumulating inventory and diminished export volumes, forcing a recalibration of sales targets and stalling the broader momentum of the sector.

The severity of this downturn is quantified by recent data highlighting the withdrawal of the Asian consumer base. According to Altagamma, in 2024, the personal luxury goods market in Mainland China contracted by approximately 18% to 20% due to cautious spending behaviors. This substantial decline in one of the industry's most critical geographic segments illustrates how localized macroeconomic instability directly impedes global market performance, neutralizing gains from other regions and complicating the growth trajectory for international luxury conglomerates.

Key Market Trends

The diversification into branded real estate and residences represents a strategic pivot where luxury houses are transforming from product manufacturers into holistic lifestyle curators. By extending their aesthetic standards into high-end living spaces, brands create immersive environments that deepen loyalty and generate high-margin revenue independent of retail cycles. This architectural expansion allows marquees to capture the affluent demographic's desire for curated exclusivity in their domestic lives. According to Savills, December 2025, in the 'Annual Report: Branded Residences 2025-26', this sector exhibited impressive momentum with the total number of schemes expected to hit 910 globally by the end of 2025, reflecting a staggering 19% year-on-year growth.

Simultaneously, the implementation of blockchain for digital product passports is revolutionizing transparency to combat counterfeiting and prepare for regulatory shifts. This integration assigns a unique, immutable digital identity to physical assets, ensuring provenance tracking from the atelier to the consumer while facilitating seamless aftermarket transfers. This infrastructure is becoming a critical compliance asset rather than just a novelty, securing brand equity against illicit replication. According to the Aura Blockchain Consortium, September 2025, in the 'Aura Blockchain Wins CNMI Award for Luxury Innovation' announcement, the industry's commitment was evidenced as the consortium reached a milestone of more than 70 million luxury products registered on its private blockchain.

Segmental Insights

Multi-Branded Stores represent the fastest growing distribution segment within the Global Luxury Goods Market due to evolving consumer purchasing behaviors. This channel benefits significantly from the rising demand for diverse product assortments that facilitate cross-brand comparison and styling in a single location. The segment expansion is further accelerated by the dominance of online luxury marketplaces which operate primarily on multi-brand business models. Consequently, these retailers can capture a wider demographic by offering varied price points and styles, distinct from the exclusivity constraints often associated with monobrand establishments.

Regional Insights

Europe maintains a leading position in the global luxury goods sector primarily due to the high concentration of major market players in countries such as France and Italy. This dominance is supported by an established history of craftsmanship which attracts substantial spending from international tourists. Additionally, the European Commission implements trade policies and intellectual property protections that secure the market environment for these enterprises. Consequently, the combination of historical brand equity and favorable regulatory frameworks ensures Europe remains the central hub for luxury retail revenue.

Recent Developments

  • In October 2024, a leading French luxury conglomerate announced a historic ten-year global partnership with Formula 1, set to commence in 2025. This comprehensive agreement will involve several of the group's prestigious houses, including Louis Vuitton, Moët Hennessy, and TAG Heuer, which will serve as official partners. The collaboration is designed to integrate the worlds of high-end craftsmanship and motorsport through exclusive hospitality experiences, bespoke activations, and limited-edition product launches. The partnership aims to provide unparalleled experiences for racing enthusiasts and luxury consumers worldwide, reflecting a shared commitment to innovation and excellence between the two global entities.
  • In October 2024, the Italian luxury fashion house Prada and Axiom Space jointly unveiled the flight design for the Axiom Extravehicular Mobility Unit (AxEMU) spacesuit. Presented at the International Astronautical Congress in Milan, this collaboration demonstrated a unique convergence of aerospace engineering and high-end fashion design. The suit, developed for NASA’s upcoming Artemis III lunar mission, incorporates advanced materials and specialized sewing techniques provided by the fashion brand’s technical experts. This partnership highlighted the luxury sector's capacity to contribute innovative solutions for extreme environments, ensuring both functionality and comfort for astronauts during lunar exploration activities.
  • In September 2024, the French luxury fashion house Balmain, in collaboration with The Estée Lauder Companies, launched its inaugural beauty collection, "Les Éternels de Balmain." This new line of eight all-gender eaux de parfum was introduced as part of a strategic licensing agreement aimed at expanding the fashion brand's presence in the global prestige beauty market. The collection draws inspiration from the house's Parisian legacy and features distinct olfactory families such as musk, amber, and floral. This launch represents a significant diversification for the brand, combining high-fashion heritage with established beauty industry expertise to capture a broader consumer base.
  • In April 2024, the Swiss luxury watch manufacturer Rolex introduced a range of new timepieces at the Watches & Wonders trade show in Geneva. The collection included the Oyster Perpetual Rolex Deepsea, which was debuted in 18 ct yellow gold featuring a blue ceramic compression ring, marking a significant material update for the professional diver's watch. Additionally, the brand unveiled a new iteration of the GMT-Master II equipped with a grey and black ceramic bezel insert on a steel bracelet. These product launches underscored the company's dedication to technical precision and continuous improvement within the global luxury watch market.

Key Market Players

  • LVMH Moët Hennessy Louis Vuitton SE
  • Kering SA
  • Compagnie Financière Richemont SA
  • Chanel SA
  • Hermès International SA
  • Rolex SA
  • The Swatch Group Ltd.
  • Burberry Group Plc
  • Capri Holdings Ltd
  • Breitling SA

By Type

By Distribution Channel

By Region

  • Jewelry & Watches
  • Clothing & Footwear
  • Bags & Accessories
  • Cosmetics & Fragrances
  • Exclusive Stores
  • Airports
  • E-Commerce
  • Specialty Store & Others (Departmental Stores, Hypermarket/Supermarket, Multi-Branded Stores etc.)
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Luxury Goods Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Luxury Goods Market, By Type:
  • Jewelry & Watches
  • Clothing & Footwear
  • Bags & Accessories
  • Cosmetics & Fragrances
  • Luxury Goods Market, By Distribution Channel:
  • Exclusive Stores
  • Airports
  • E-Commerce
  • Specialty Store & Others (Departmental Stores, Hypermarket/Supermarket, Multi-Branded Stores etc.)
  • Luxury Goods Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Luxury Goods Market.

Available Customizations:

Global Luxury Goods Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Luxury Goods Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Luxury Goods Market

5.    Voice of Customer

5.1.  Factors Affecting Purchasing Decision

5.2.  Brand Awareness

5.3.  Challenges Faced Post Purchasing

6.    Global Luxury Goods Market Outlook

6.1.  Market Size and Forecast

6.1.1.     By Value

6.2.  Market Share and Forecast

6.2.1.     By Type (Jewelry & Watches, Clothing & Footwear, Bags & Accessories, Cosmetics & Fragrances)

6.2.2.     By Distribution Channel (Exclusive Stores, Airports, E-Commerce, Specialty Store & Others (Departmental Stores, Hypermarket/Supermarket, Multi-Branded Stores etc.)

6.2.3.     By Region

6.2.4.     By Company (2020)

6.3.  Market Map (By Type, By Region)

7.    Europe Luxury Goods Market Outlook

7.1.  Market Size and Forecast       

7.1.1.     By Value

7.2.  Market Share and Forecast

7.2.1.1.         By Type

7.2.1.2.         By Distribution Channel

7.2.1.3.         By Country

7.3.  Europe: Country Analysis

7.3.1.     France Luxury Goods Market Outlook

7.3.1.1.         Market Size and Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share and Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Distribution Channel

7.3.2.     Italy Luxury Goods Market Outlook

7.3.2.1.         Market Size and Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share and Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Distribution Channel

7.3.3.     Germany Luxury Goods Market Outlook

7.3.3.1.         Market Size and Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share and Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Distribution Channel

7.3.4.     Spain Luxury Goods Market Outlook

7.3.4.1.         Market Size and Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share and Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Distribution Channel

7.3.5.     Switzerland Luxury Goods Market Outlook

7.3.5.1.         Market Size and Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share and Forecast

7.3.5.2.1.             By Product

7.3.5.2.2.             By Distribution Channel

8.    North America Luxury Goods Market Outlook

8.1.  Market Size and Forecast       

8.1.1.     By Value

8.2.  Market Share and Forecast

8.2.1.     By Type

8.2.2.     By Distribution

8.2.3.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Luxury Goods Market Outlook

8.3.1.1.         Market Size and Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share and Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Distribution Channel

8.3.2.     Canada Luxury Goods Market Outlook

8.3.2.1.         Market Size and Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share and Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Distribution Channel

8.3.3.     Mexico Luxury Goods Market Outlook

8.3.3.1.         Market Size and Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share and Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Distribution Channel

8.3.3.2.3.              

9.    Asia-Pacific Luxury Goods Market Outlook

9.1.  Market Size and Forecast       

9.1.1.     By Value

9.2.  Market Share and Forecast

9.2.1.1.         By Type

9.2.1.2.         By Distribution Channel

9.2.1.3.         By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.     China Luxury Goods Market Outlook

9.3.1.1.         Market Size and Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share and Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Distribution Channel

9.3.2.     Japan Luxury Goods Market Outlook

9.3.2.1.         Market Size and Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share and Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Distribution Channel

9.3.3.     South Korea Luxury Goods Market Outlook

9.3.3.1.         Market Size and Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share and Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Distribution Channel

9.3.4.     India Luxury Goods Market Outlook

9.3.4.1.         Market Size and Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share and Forecast

9.3.4.2.1.             By Type

9.3.4.2.2.             By Distribution Channel

9.3.5.     Singapore Luxury Goods Market Outlook

9.3.5.1.         Market Size and Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share and Forecast

9.3.5.2.1.             By Product

9.3.5.2.2.             By Distribution Channel

10.  Middle East and Africa Luxury Goods Market Outlook

10.1.              Market Size and Forecast        

10.1.1.  By Value

10.2.              Market Share and Forecast

10.2.1.  By Type

10.2.2.  By Distribution Channel

10.2.3.  By Country

10.3.              MEA: Country Analysis

10.3.1.  UAE Luxury Goods Market Outlook

10.3.1.1.      Market Size and Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share and Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Distribution Channel

10.3.2.  Saudi Arabia Luxury Goods Market Outlook

10.3.2.1.      Market Size and Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share and Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Distribution Channel

10.3.3.  South Africa Luxury Goods Market Outlook

10.3.3.1.      Market Size and Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share and Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Distribution Channel

10.3.4.  Turkey Luxury Goods Market Outlook

10.3.4.1.      Market Size and Forecast

10.3.4.1.1.           By Value

10.3.4.2.      Market Share and Forecast

10.3.4.2.1.           By Type

10.3.4.2.2.           By Distribution Channel

11.  South America Luxury Goods Market Outlook

11.1.              Market Size and Forecast        

11.1.1.  By Value

11.2.              Market Share and Forecast

11.2.1.  By Type

11.2.2.  By Distribution Channel

11.2.3.  By Country

11.3.              South America: Country Analysis

11.3.1.  Brazil Luxury Goods Market Outlook

11.3.1.1.      Market Size and Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share and Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Distribution Channel

11.3.2.  Argentina Luxury Goods Market Outlook

11.3.2.1.      Market Size and Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share and Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Distribution Channel

11.3.3.  Colombia Luxury Goods Market Outlook

11.3.3.1.      Market Size and Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share and Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Distribution Channel

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.              LVMH Group

14.2.              Compagnie Financière Richemont SA

14.3.              Kering SA

14.4.              L’Oréal S.A.

14.5.              Chanel Limited

14.6.              PVH Corp.

14.7.              The Estée Lauder Companies Inc.

14.8.              The Swatch Group Ltd.

14.9.              Rolex SA

14.10.            Prada S.p.A

15.  Strategic Recommendations

16.  About Us and Disclaimer 

Figures and Tables

List of Figures

Figure 1: Global Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 2: Global Population (Million), 2015-2020

Figure 3: Global Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 4: Global Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 5: Global Luxury Goods Market Share, By Region, By Value, 2020 & 2026F

Figure 6: Global Luxury Goods Market Share, By Company, By Value, 2020

Figure 7: Global Luxury Goods Market Map, By Type, Market Size (USD Billion) & Growth Rate (%), 2020

Figure 8: Global Luxury Goods Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2020

Figure 9: Europe Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 10: Europe Country-wise Population (Million), 2020

Figure 11: Europe Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 12: Europe Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 13: Europe Luxury Goods Market Share, By Country, By Value, 2016-2026F

Figure 14: France Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 15: France GDP at Current Price (USD Billion), 2015-2020

Figure 16: France Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 17: France Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 18: Italy Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 19: Italy GDP at Current Price (USD Billion), 2015-2020

Figure 20: Italy Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 21: Italy Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 22: Germany Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 23: Germany GDP at Current Price (USD Billion), 2015-2020

Figure 24: Germany Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 25: Germany Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 26: Spain Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 27: Spain GDP at Current Price (USD Billion), 2015-2020

Figure 28: Spain Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 29: Spain Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 30: Switzerland Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 31: Switzerland GDP at Current Price (USD Billion), 2015-2020

Figure 32: Switzerland Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 33: Switzerland Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 34: North America Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 35: North America Country-wise Population (Million), 2020

Figure 36: North America Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 37: North America Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 38: North America Luxury Goods Market Share, By Country, By Value, 2016-2026F

Figure 39: United States Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 40: United States GDP at Current Price (USD Billion), 2015-2020

Figure 41: United States Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 42: United States Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 43: Canada Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 44: Canada GDP at Current Price (USD Billion), 2015-2020

Figure 45: Canada Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 46: Canada Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 47: Mexico Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 48: Mexico GDP at Current Price (USD Billion), 2015-2020

Figure 49: Mexico Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 50: Mexico Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 51: Asia-Pacific Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 52: Asia-Pacific Country-wise Population (Million), 2020

Figure 53: Asia-Pacific Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 54: Asia-Pacific Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 55: Asia-Pacific Luxury Goods Market Share, By Country, By Value, 2016-2026F

Figure 56: China Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 57: China GDP at Current Price (USD Billion), 2015-2020

Figure 58: China Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 59: China Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 60: Japan Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 61: Japan GDP at Current Price (USD Billion), 2015-2019

Figure 62: Japan Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 63: Japan Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 64: South Korea Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 65: South Korea GDP at Current Price (USD Billion), 2015-2020

Figure 66: South Korea Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 67: South Korea Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 68: India Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 69: India GDP at Current Price (USD Billion), 2015-2020

Figure 70: India Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 71: India Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 72: Singapore Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 73: Singapore GDP at Current Price (USD Billion), 2015-2020

Figure 74: Singapore Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 75: Singapore Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 76: Middle East and Africa Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 77: Middle East and Africa Country-wise Population (Million), 2020

Figure 78: Middle East and Africa Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 79: Middle East and Africa Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 80: Middle East and Africa Luxury Goods Market Share, By Country, By Value, 2016-2026F

Figure 81: UAE Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 82: UAE GDP at Current Price (USD Billion), 2015-2019

Figure 83: UAE Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 84: UAE Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 85: Saudi Arabia Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 86: Saudi Arabia GDP at Current Price (USD Billion), 2015-2020

Figure 87: Saudi Arabia Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 88: Saudi Arabia Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 89: South Africa Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 90: South Africa GDP at Current Price (USD Billion), 2015-2020

Figure 91: South Africa Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 92: South Africa Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 93: Turkey Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 94: Turkey GDP at Current Price (USD Billion), 2015-2020

Figure 95: Turkey Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 96: Turkey Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 97: South America Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 98: South America Country-wise Population (Million), 2020

Figure 99: South America Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 100: South America Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 101: South America Luxury Goods Market Share, By Country, By Value, 2016-2026F

Figure 102: Brazil Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 103: Brazil GDP at Current Price (USD Billion), 2015-2020

Figure 104: Brazil Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 105: Brazil Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 106: Argentina Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 107: Argentina GDP at Current Price (USD Billion), 2015-2020

Figure 108: Argentina Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 109: Argentina Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 110: Colombia Luxury Goods Market Size, By Value (USD Billion), 2016-2026F

Figure 111: Colombia GDP at Current Price (USD Billion), 2015-2020

Figure 112: Colombia Luxury Goods Market Share, By Type, By Value, 2016-2026F

Figure 113: Colombia Luxury Goods Market Share, By Distribution Channel, By Value, 2016-2026F
Frequently asked questions

Frequently asked questions

The market size of the Global Luxury Goods Market was estimated to be USD 430.87 Billion in 2025.

Europe is the dominating region in the Global Luxury Goods Market.

Multi-Branded Stores segment is the fastest growing segment in the Global Luxury Goods Market.

The Global Luxury Goods Market is expected to grow at 7.84% between 2026 to 2031.

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