Luxury Fashion - Germany

Germany

In Germany, the Luxury Fashion market generates a revenue of US$5.93bn in 2024.
According to projections, the market is anticipated to grow at an annual rate of 3.18% (CAGR 2024-2028).
When compared globally, in the United States leads in terms of revenue generation, reaching US$27,670m in 2024.
In relation to the total population, per person revenues amount to US$71.25 in 2024.
Germany's luxury fashion market is thriving, with a strong emphasis on high-quality craftsmanship and timeless designs.

Key regions: United States, Italy, Russia, France, India

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Methodology

The Luxury Fashion market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Fashion industry.