Global: luxury fashion ad spending 2018-2028

The global revenue in the 'Luxury Fashion' segment of the luxury goods market was forecast to continuously increase between 2024 and 2028 by in total 15.8 billion U.S. dollars (+13.62 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 131.7 billion U.S. dollars and therefore a new peak in 2028.

Find more in-depth information regarding the average revenue per user (ARPU) concerning the prestige cosmetics segment of the luxury goods market worldwide and the revenue growth concerning the luxury goods market in the United Kingdom.

The Statista Market Insights cover a broad range of additional markets.

Revenue of the luxury fashion industry Worldwide 2018-2028 (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

Release date

January 2024

More information

Region

Worldwide

Survey time period

2018 to 2028

Supplementary notes

Data provided by Statista Market Insights are estimates.

The Luxury Fashion segment includes Luxury Apparel and Footwear. The overall definition of this segment follows the Consumer Market Outlook’s Apparel and Footwear markets, while here only sales of luxury brands are considered, and mass-market products are excluded.

Fashion constitutes the bulk of sales in the global personal luxury goods industry and has a healthy growth outlook over the next five years.

The shown market data are based on an analysis of more than 100 of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Accordingly, fashion goods from smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.

The most notable companies are LVMH (with brands such as Louis Vuitton, Fendi or Loro Piana), Kering (Gucci, Balenciaga, Saint Laurent and other brands), Ralph Lauren and PVH (Calvin Klein, Tommy Hilfiger).

Citation formats