Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - China

China

In China, the revenue generated in the Luxury Apparel market is projected to reach £6.07bn in 2024.
It is anticipated that the market will experience an annual growth rate of 2.27% (CAGR 2024-2028).
When compared to other countries worldwide, in the United States leads in terms of revenue, with an estimated amount of £15,710m in 2024.
In relation to the total population, per person revenues in China are expected to be £4.23 in 2024.
China's luxury apparel market is booming, driven by a rising middle class and increasing consumer demand for high-end fashion.

Key regions: India, Singapore, United States, France, United Kingdom

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The Luxury Apparel 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 Apparel industry.