Luxury Fashion Market Expected to Reach USD 360.20 Billion by 2030, Growing at a 4.0% CAGR
Luxury Fashion Market Growth Expected to Reach USD 360.20 Billion by 2030 Summary: The global luxury fashion market, valued at USD 273.72 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 4.0%, reaching USD 360.20 billion by 2030. The market's steady growth can be attributed to changing consumer behaviors, increased spending on luxury goods, and the rise of e-commerce in the fashion industry.
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