Global Luxury Goods Market Set for Steady Growth Amid Rising Consumer Affluence
Luxury Goods Market
https://dataintelo.com/report/global-luxury-goods-market
The Luxury Goods Market continues to exhibit resilient growth driven by increasing disposable incomes and evolving consumer lifestyles worldwide. Demand for premium products across fashion, accessories, cosmetics, and automobiles remains strong, with affluent consumers seeking exclusivity and quality. This trend fuels innovation and expansion in the global luxury segment.
According to recent Dataintelo research, the global luxury goods market was valued at approximately USD 320 billion in 2024. It is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2030, reaching nearly USD 450 billion by the end of the forecast period. The rise in middle-class wealth and digital retail expansion further propels this momentum.
Luxury Goods Market
https://dataintelo.com/report/global-luxury-goods-market
The Luxury Goods Market continues to exhibit resilient growth driven by increasing disposable incomes and evolving consumer lifestyles worldwide. Demand for premium products across fashion, accessories, cosmetics, and automobiles remains strong, with affluent consumers seeking exclusivity and quality. This trend fuels innovation and expansion in the global luxury segment.
According to recent Dataintelo research, the global luxury goods market was valued at approximately USD 320 billion in 2024. It is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2030, reaching nearly USD 450 billion by the end of the forecast period. The rise in middle-class wealth and digital retail expansion further propels this momentum.
Global Luxury Goods Market Set for Steady Growth Amid Rising Consumer Affluence
Luxury Goods Market
https://dataintelo.com/report/global-luxury-goods-market
The Luxury Goods Market continues to exhibit resilient growth driven by increasing disposable incomes and evolving consumer lifestyles worldwide. Demand for premium products across fashion, accessories, cosmetics, and automobiles remains strong, with affluent consumers seeking exclusivity and quality. This trend fuels innovation and expansion in the global luxury segment.
According to recent Dataintelo research, the global luxury goods market was valued at approximately USD 320 billion in 2024. It is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2030, reaching nearly USD 450 billion by the end of the forecast period. The rise in middle-class wealth and digital retail expansion further propels this momentum.
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