Bharat Book Bureau Provides the Trending Industry Research Report on “Global Luxury Fashion Market: Information by Product Type (Clothing & Apparel, Footwear, and Accessories), by End User (Men, Women, and Unisex), by Distribution Channel (Store-Based and Non-Store Based), and Region (North America, Europe,Asia-Pacific, Rest of the World)—Forecast till 2028”under Consumer Goods Market Research Report Category. The report offers a collection of superior Industry research, Industry analysis, competitive intelligence and Industry reports.

Global Luxury Fashion Market—Forecast till 2028

Market Overview

The Luxury Fashion Market is evaluated to exhibit a CAGR of 3.59% to surpass a value of USD 333,775.3 million during the review period. Luxury fashion is described as the excessive cost focuses that are set independently from required products for day-to-day life. Usually, the luxury fashion products have excessive cost labels because of great materials, plan, and craftsmanship.

There is no standard meaning of luxury as the value point depends on the business and brand situation perspective, addressed to the prosperous shopper range. Besides, the spending capacity of customers shifts greatly among geographics and countries because of variables like GDP, per capita expenditure, urbanization, corporate area, and some more.



The global luxury fashion market is anticipated to exhibit healthy market growth during the forecast period owing to the rising per capita disposable income across the globe. The social media advancements and VIP supports likewise contribute fundamentally to the luxury fashion market development.

The development of the coordinated retail area in Asia-Pacific further lifts the development of the market. Be that as it may, a restricted client base inferable from the exorbitant costs of the items is relied upon to limit the market development. Moreover, the rising danger of fake items represents a test for the market players. By the by, essential consolidations and acquisitions and the expanding interest for manageable and reused assortments make an astute market for the players in the luxury fashion industry.

Segment Overview

In terms of product type, the global luxury fashion market has been classified into clothing & apparel, footwear, and accessories. The clothing & apparel segment is further classified into jackets & coats, skirts, shirts & t-shirts, dresses, trousers & shorts, denim, underwear & lingerie, and others. Whereas, the accessories segment is further divided into gems & jewelry, belts, bags, watches, and others.

The end-user segment categorizes the global luxury fashion market into men, women, and unisex. The women segment is likely driving the largest market share among others. In terms of distribution channels, the global luxury fashion market has been bifurcated into store-based and non-store-based. The store-based class is further divided into supermarkets & hypermarkets, specialty stores, and others.

Regional Analysis

the geographical analysis of the global luxury fashion market has been spread across North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

Europe represented the biggest portion of the global luxury fashion market of around 38.63% in 2020, with a market worth of USD 97,368.2 million; the market is anticipated to exhibit a CAGR of 3.42% during the review period. North America was the second-biggest market in 2020, esteemed at USD 79,071.3 million; the market is projected to show a CAGR of 3.27%. Nonetheless, the market in Asia-Pacific is relied upon to enlist the most elevated CAGR of 4.23% during the conjecture time frame.

Major Players

The Major Players operating in the global luxury fashion market are Ralph Lauren (US), Capri Holdings Limited (US), PVH Corp. (US), Kering (France), LVMH (France), Inditex (Spain), Giorgio Armani S.P.A. (Italy), Chanel S.A. (France), Dolce & Gabbana (Italy), and Burberry Ltd. (UK).

COVID 19 Impacts

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Browse our full report with Table of Content : https://www.bharatbook.com/report/1105998/global-luxury-fashion-market-information-by-product-type-clothing-apparel-footwear-and-accessories-by-end-user-men-women-and-unisex-by-distribution-channel-store-based-and-non-store-based-and-region-north-america-europeasia-pacific-rest-of-the-worldforecast-till

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