Luxury Fashion Market to Reach USD 360.20 Billion by 2030, Growing at a CAG

Krajput30 Jan, 2025News

Luxury Fashion Market to Reach USD 360.20 Billion by 2030, Growing at a CAGR of 4.0% Summary: The global Luxury Fashion Market was valued at USD 273.72 billion in 2023 and is projected to grow at a CAGR of 4.0% from 2024 to 2030, reaching approximately USD 360.20 billion by 2030. This growth is driven by increasing consumer spending on high-end fashion, digital transformation in luxury retail, and rising demand for sustainable and exclusive fashion products.

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