Luxury Goods Market
7 months ago
12
The luxury goods market was valued at around USD 346.19 billion in 2024 and is projected to experience steady growth over the next decade. With a CAGR of 4.40% expected during 2025–2034, the market is anticipated to reach approximately USD 532.50 billion by 2034, driven by increasing disposable incomes, global brand appeal, and rising demand for premium lifestyle products.
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