Luxury Fashion - Spain

Spain

In Spain, the revenue generated in the Luxury Fashion market in 2024 amounts to US$3.58bn.
It is projected that the market will experience an annual growth rate of 4.44% (CAGR 2024-2028).
When compared to other countries globally, in the United States leads in terms of revenue generated in the Luxury Fashion market, with US$27,670m in 2024.
Considering the population figures, in Spain, per person revenues of US$75.33 are generated in 2024.
Spain's luxury fashion market is booming, with top designers showcasing their collections at prestigious events like Madrid Fashion Week.

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.