According to the source, the market value of luxury goods reached a staggering 1,171 billion euros in 2018. Among the luxury goods & services segments that recorded a substantial increase in value, the luxury cars sector recorded an increase of 90 billion euros in value between 2015 and 2018, reaching almost 500 billion euros in 2018.
Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Luxury advertising and marketing
Overview of the luxury goods market
6
- Premium Statistic Value of the global personal luxury goods market 1996-2022
- Premium Statistic Value of the online personal luxury goods market worldwide 2004-2022
- Premium Statistic Value of various global luxury markets 2022, by market type
- Premium Statistic Luxury goods industry revenue worldwide 2024 & 2028, by country
- Basic Statistic Fastest growing luxury brands worldwide 2019-2022
- Premium Statistic Most valuable global luxury brands 2023
Ad spend from selected luxury brands
8
- Basic Statistic Capri Holdings' advertising and marketing expenses worldwide from 2016 to 2022
- Basic Statistic LVMH Group's ad spend worldwide 2008-2022
- Premium Statistic Communications investments of the Hermès Group 2015-2023
- Premium Statistic Advertising expenses of Christian Dior 2017-2022
- Basic Statistic Steven Madden, Ltd.'s advertising costs worldwide 2014-2023
- Premium Statistic Moncler Group: marketing expenses 2013-2023
- Premium Statistic Farfetch marketing expenses 2018-2022
- Premium Statistic Luxury digital ad spend in the U.S. 2020-2021, by brand
Luxury brands on social media
5
- Premium Statistic Most popular luxury brands on social media worldwide, by social media audience 2022
- Premium Statistic Media Impact Value of top fashion luxury brands in the U.S. 2021, by social channel
- Premium Statistic Media Impact Value of top fashion luxury brands in Europe 2021, by social channel
- Premium Statistic Media Impact Value of top fashion luxury brands in China 2021, by social channel
- Premium Statistic Most popular luxury brands on Wechat & Weibo 2022
Influencer marketing
6
- Premium Statistic Influencers reviews driving sales among luxury shoppers worldwide 2021, by generation
- Premium Statistic TikTok marketing use among fashion & luxury brands worldwide 2021
- Premium Statistic Effectiveness of TikTok creator marketing for fashion & luxury brands worldwide 2021
- Premium Statistic Luxury fashion influencer marketing Media Impact Value in the U.S. 2021, by followers
- Premium Statistic Luxury fashion influencer marketing Media Impact Value in Europe 2021, by followers
- Premium Statistic Luxury fashion influencer marketing Media Impact Value in China 2021, by followers
Consumer perspective
8
- Premium Statistic Luxury consumers: social media activity related to brands Q1 2024, by gender
- Premium Statistic Luxury consumers: social media activity related to brands Q1 2024, by age
- Premium Statistic Consumers following luxury brands on social media worldwide 2021, by generation
- Premium Statistic Print media as a fashion information source for luxury consumers worldwide 2022
- Premium Statistic Social media as a fashion information source for luxury consumers worldwide 2022
- Premium Statistic Digital features preferred by global luxury consumers 2021
- Premium Statistic Importance of luxury brands adopting sustainability in Europe quarterly 2021-2024
- Premium Statistic Willingness of affluent consumers to pay more for sustainable luxury Asia 2023
Further related statistics
10
- China: SAIC auto sales by type 2009-2021
- Types of boats used to go out on the water in the U.S. 2012
- Average annual boating days by boat type in the U.S. 2013
- EBITDA (beia) of Heineken worldwide 2010-2023
- Net profit (beia) of Heineken worldwide from 2010 to 2022
- Revenue per available room of Las Vegas Sand hotels 2009-2023, by property
- Number of Candlewood Suites hotel rooms worldwide 2008-2023
- Number of InterContinental Hotel Group hotels worldwide 2008-2023, by brand
- Revenue of the InterContinental Hotels Group 2007-2023
- Number of InterContinental Hotels Group hotels worldwide 2008-2023, by ownership type
Further Content: You might find this interesting as well
Statistics
- China: SAIC auto sales by type 2009-2021
- Types of boats used to go out on the water in the U.S. 2012
- Average annual boating days by boat type in the U.S. 2013
- EBITDA (beia) of Heineken worldwide 2010-2023
- Net profit (beia) of Heineken worldwide from 2010 to 2022
- Revenue per available room of Las Vegas Sand hotels 2009-2023, by property
- Number of Candlewood Suites hotel rooms worldwide 2008-2023
- Number of InterContinental Hotel Group hotels worldwide 2008-2023, by brand
- Revenue of the InterContinental Hotels Group 2007-2023
- Number of InterContinental Hotels Group hotels worldwide 2008-2023, by ownership type
Bain & Company. (December 22, 2018). Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros) [Graph]. In Statista. Retrieved June 13, 2024, from https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/
Bain & Company. "Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros)." Chart. December 22, 2018. Statista. Accessed June 13, 2024. https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/
Bain & Company. (2018). Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros). Statista. Statista Inc.. Accessed: June 13, 2024. https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/
Bain & Company. "Worldwide Market Value of Segments of Luxury Goods and Services between 2015 and 2018 (in Billion Euros)." Statista, Statista Inc., 22 Dec 2018, https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/
Bain & Company, Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros) Statista, https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/ (last visited June 13, 2024)
Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros) [Graph], Bain & Company, December 22, 2018. [Online]. Available: https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/