Luxury Fashion Market is expected to grow at US$ 360.20 Bn. in 2030 as per Maximize Market Research
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  • Luxury Fashion Market is expected to grow at US$ 360.20 Bn. in 2030 as per Maximize Market Research

    (Transportation-News.com, July 06, 2024 ) As Per Maximize Market Research, Luxury Fashion Market was valued at US$ 273.72 Bn. in 2023 and is expected to grow at US$ 360.20 Bn. in 2030 and the market size is expected to grow at a CAGR of 4.0% through the forecast period.



    Asia-Pacific: Expected to witness significant growth at a CAGR of xx% through the forecast period as per Maximize market Research.



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    Key drivers influencing growth in Asia-Pacific are, Increasing number of individuals with high purchasing power and rising disposable income among the population.



    Europe growth projection: Considered to be the second-fastest growing market. Key drivers include rise in luxury fashion consumption despite a stagnant economy, tourism-based purchasing contributing to market growth and government policies such as tax-free retail boosting luxury purchases along with high luxury brand awareness among the population.



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    Luxury Fashion Market Segmentation



    By Product Type:



    Clothing & Apparel

    Jackets & Coats

    Skirts

    Shirts & T-Shirts

    Dresses

    Trousers & Shorts

    Denim

    Underwear & Lingerie

    Others

    Footwear Accessories

    Gems & Jewellery

    Belts

    Bags

    Watches



    By Gender:



    Men

    Women

    Unisex

    By En-User:



    Store-Based

    Non-Store Based



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    Luxury Fashion Market Key Players



    Ralph Lauren

    Capri Holdings Limited

    PVH Corp.

    Kering

    LVMH



    Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:



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    About Maximize Market Research:



    Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

    MAXIMIZE MARKET RESEARCH PVT. LTD.

    L Godage

    09607365656

    akash.r@maximizemarketresearch.com

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