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Luxury Fashion-Global Market Insights and Sales Trends 2025
Synopsis
A luxury good (or upmarket good) is a good for which demand increases more than proportionally as income rises, and is a contrast to a "necessity good", where demand increases proportionally less than income. Luxury goods are often synonymous with superior goods and Veblen goods.
The global Luxury Fashion market size is expected to reach US$ 105670 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Luxury Fashion in various end use industries. The expanding demands from the Male, Female and Children,, are propelling Luxury Fashion market. Clothing, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Footwear segment is estimated at % CAGR for the next seven-year period.
The three dominant trends in the global luxury goods market are globalization, consolidation, and diversification. Consolidation involves the growth of big companies and ownership of brands across many segments of luxury products. Examples include LVMH, Richemont, and Kering, which dominate the market in areas ranging from luxury drinks to fashion and cosmetics.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Luxury Fashion, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Luxury Fashion market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Luxury Fashion market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Luxury Fashion sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Luxury Fashion covered in this report include Louis Vuitton, Hermès, Gucci, Chanel, Rolex, Cartier, Prada, Burberry and Michael Kors, etc.
The global Luxury Fashion market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Louis Vuitton
Hermès
Gucci
Chanel
Rolex
Cartier
Prada
Burberry
Michael Kors
Tiffany
Zara
Dolce & Gabbana
Global Luxury Fashion market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Luxury Fashion market, Segment by Type:
Clothing
Footwear
Accessories
Global Luxury Fashion market, by Application
Male
Female
Children
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Luxury Fashion manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Luxury Fashion in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A luxury good (or upmarket good) is a good for which demand increases more than proportionally as income rises, and is a contrast to a "necessity good", where demand increases proportionally less than income. Luxury goods are often synonymous with superior goods and Veblen goods.
The global Luxury Fashion market size is expected to reach US$ 105670 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Luxury Fashion in various end use industries. The expanding demands from the Male, Female and Children,, are propelling Luxury Fashion market. Clothing, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Footwear segment is estimated at % CAGR for the next seven-year period.
The three dominant trends in the global luxury goods market are globalization, consolidation, and diversification. Consolidation involves the growth of big companies and ownership of brands across many segments of luxury products. Examples include LVMH, Richemont, and Kering, which dominate the market in areas ranging from luxury drinks to fashion and cosmetics.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Luxury Fashion, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Luxury Fashion market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Luxury Fashion market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Luxury Fashion sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Luxury Fashion covered in this report include Louis Vuitton, Hermès, Gucci, Chanel, Rolex, Cartier, Prada, Burberry and Michael Kors, etc.
The global Luxury Fashion market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Louis Vuitton
Hermès
Gucci
Chanel
Rolex
Cartier
Prada
Burberry
Michael Kors
Tiffany
Zara
Dolce & Gabbana
Global Luxury Fashion market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Luxury Fashion market, Segment by Type:
Clothing
Footwear
Accessories
Global Luxury Fashion market, by Application
Male
Female
Children
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Luxury Fashion manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Luxury Fashion in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Luxury Fashion Market Overview
1.1 Luxury Fashion Product Overview
1.2 Luxury Fashion Market Segment by Type
1.2.1 Clothing
1.2.2 Footwear
1.2.3 Accessories
1.3 Global Luxury Fashion Market Size by Type
1.3.1 Global Luxury Fashion Market Size Overview by Type (2018-2029)
1.3.2 Global Luxury Fashion Historic Market Size Review by Type (2018-2023)
1.3.3 Global Luxury Fashion Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Luxury Fashion Sales Breakdown by Type (2018-2023)
1.4.2 Europe Luxury Fashion Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Luxury Fashion Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Luxury Fashion Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Luxury Fashion Sales Breakdown by Type (2018-2023)
2 Global Luxury Fashion Market Competition by Company
2.1 Global Top Players by Luxury Fashion Sales (2018-2023)
2.2 Global Top Players by Luxury Fashion Revenue (2018-2023)
2.3 Global Top Players by Luxury Fashion Price (2018-2023)
2.4 Global Top Manufacturers Luxury Fashion Manufacturing Base Distribution, Sales Area, Product Type
2.5 Luxury Fashion Market Competitive Situation and Trends
2.5.1 Luxury Fashion Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Luxury Fashion Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Luxury Fashion as of 2022)
2.7 Date of Key Manufacturers Enter into Luxury Fashion Market
2.8 Key Manufacturers Luxury Fashion Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Luxury Fashion Status and Outlook by Region
3.1 Global Luxury Fashion Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Luxury Fashion Historic Market Size by Region
3.2.1 Global Luxury Fashion Sales in Volume by Region (2018-2023)
3.2.2 Global Luxury Fashion Sales in Value by Region (2018-2023)
3.2.3 Global Luxury Fashion Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Luxury Fashion Forecasted Market Size by Region
3.3.1 Global Luxury Fashion Sales in Volume by Region (2024-2029)
3.3.2 Global Luxury Fashion Sales in Value by Region (2024-2029)
3.3.3 Global Luxury Fashion Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Luxury Fashion by Application
4.1 Luxury Fashion Market Segment by Application
4.1.1 Male
4.1.2 Female
4.1.3 Children
4.2 Global Luxury Fashion Market Size by Application
4.2.1 Global Luxury Fashion Market Size Overview by Application (2018-2029)
4.2.2 Global Luxury Fashion Historic Market Size Review by Application (2018-2023)
4.2.3 Global Luxury Fashion Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Luxury Fashion Sales Breakdown by Application (2018-2023)
4.3.2 Europe Luxury Fashion Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Luxury Fashion Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Luxury Fashion Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Luxury Fashion Sales Breakdown by Application (2018-2023)
5 North America Luxury Fashion by Country
5.1 North America Luxury Fashion Historic Market Size by Country
5.1.1 North America Luxury Fashion Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Luxury Fashion Sales in Volume by Country (2018-2023)
5.1.3 North America Luxury Fashion Sales in Value by Country (2018-2023)
5.2 North America Luxury Fashion Forecasted Market Size by Country
5.2.1 North America Luxury Fashion Sales in Volume by Country (2024-2029)
5.2.2 North America Luxury Fashion Sales in Value by Country (2024-2029)
6 Europe Luxury Fashion by Country
6.1 Europe Luxury Fashion Historic Market Size by Country
6.1.1 Europe Luxury Fashion Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Luxury Fashion Sales in Volume by Country (2018-2023)
6.1.3 Europe Luxury Fashion Sales in Value by Country (2018-2023)
6.2 Europe Luxury Fashion Forecasted Market Size by Country
6.2.1 Europe Luxury Fashion Sales in Volume by Country (2024-2029)
6.2.2 Europe Luxury Fashion Sales in Value by Country (2024-2029)
7 Asia-Pacific Luxury Fashion by Region
7.1 Asia-Pacific Luxury Fashion Historic Market Size by Region
7.1.1 Asia-Pacific Luxury Fashion Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Luxury Fashion Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Luxury Fashion Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Luxury Fashion Forecasted Market Size by Region
7.2.1 Asia-Pacific Luxury Fashion Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Luxury Fashion Sales in Value by Region (2024-2029)
8 Latin America Luxury Fashion by Country
8.1 Latin America Luxury Fashion Historic Market Size by Country
8.1.1 Latin America Luxury Fashion Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Luxury Fashion Sales in Volume by Country (2018-2023)
8.1.3 Latin America Luxury Fashion Sales in Value by Country (2018-2023)
8.2 Latin America Luxury Fashion Forecasted Market Size by Country
8.2.1 Latin America Luxury Fashion Sales in Volume by Country (2024-2029)
8.2.2 Latin America Luxury Fashion Sales in Value by Country (2024-2029)
9 Middle East and Africa Luxury Fashion by Country
9.1 Middle East and Africa Luxury Fashion Historic Market Size by Country
9.1.1 Middle East and Africa Luxury Fashion Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Luxury Fashion Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Luxury Fashion Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Luxury Fashion Forecasted Market Size by Country
9.2.1 Middle East and Africa Luxury Fashion Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Luxury Fashion Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Louis Vuitton
10.1.1 Louis Vuitton Company Information
10.1.2 Louis Vuitton Introduction and Business Overview
10.1.3 Louis Vuitton Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Louis Vuitton Luxury Fashion Products Offered
10.1.5 Louis Vuitton Recent Development
10.2 Hermès
10.2.1 Hermès Company Information
10.2.2 Hermès Introduction and Business Overview
10.2.3 Hermès Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hermès Luxury Fashion Products Offered
10.2.5 Hermès Recent Development
10.3 Gucci
10.3.1 Gucci Company Information
10.3.2 Gucci Introduction and Business Overview
10.3.3 Gucci Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Gucci Luxury Fashion Products Offered
10.3.5 Gucci Recent Development
10.4 Chanel
10.4.1 Chanel Company Information
10.4.2 Chanel Introduction and Business Overview
10.4.3 Chanel Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Chanel Luxury Fashion Products Offered
10.4.5 Chanel Recent Development
10.5 Rolex
10.5.1 Rolex Company Information
10.5.2 Rolex Introduction and Business Overview
10.5.3 Rolex Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rolex Luxury Fashion Products Offered
10.5.5 Rolex Recent Development
10.6 Cartier
10.6.1 Cartier Company Information
10.6.2 Cartier Introduction and Business Overview
10.6.3 Cartier Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Cartier Luxury Fashion Products Offered
10.6.5 Cartier Recent Development
10.7 Prada
10.7.1 Prada Company Information
10.7.2 Prada Introduction and Business Overview
10.7.3 Prada Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Prada Luxury Fashion Products Offered
10.7.5 Prada Recent Development
10.8 Burberry
10.8.1 Burberry Company Information
10.8.2 Burberry Introduction and Business Overview
10.8.3 Burberry Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Burberry Luxury Fashion Products Offered
10.8.5 Burberry Recent Development
10.9 Michael Kors
10.9.1 Michael Kors Company Information
10.9.2 Michael Kors Introduction and Business Overview
10.9.3 Michael Kors Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Michael Kors Luxury Fashion Products Offered
10.9.5 Michael Kors Recent Development
10.10 Tiffany
10.10.1 Tiffany Company Information
10.10.2 Tiffany Introduction and Business Overview
10.10.3 Tiffany Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Tiffany Luxury Fashion Products Offered
10.10.5 Tiffany Recent Development
10.11 Zara
10.11.1 Zara Company Information
10.11.2 Zara Introduction and Business Overview
10.11.3 Zara Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Zara Luxury Fashion Products Offered
10.11.5 Zara Recent Development
10.12 Dolce & Gabbana
10.12.1 Dolce & Gabbana Company Information
10.12.2 Dolce & Gabbana Introduction and Business Overview
10.12.3 Dolce & Gabbana Luxury Fashion Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Dolce & Gabbana Luxury Fashion Products Offered
10.12.5 Dolce & Gabbana Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Luxury Fashion Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Luxury Fashion Industrial Chain Analysis
11.4 Luxury Fashion Market Dynamics
11.4.1 Luxury Fashion Industry Trends
11.4.2 Luxury Fashion Market Drivers
11.4.3 Luxury Fashion Market Challenges
11.4.4 Luxury Fashion Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Luxury Fashion Distributors
12.3 Luxury Fashion Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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