Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - Singapore

Singapore

In 2024, the revenue generated in the Luxury Apparel market in Singapore amounts to US$0.61bn.
It is projected that the market will experience an annual growth rate of 4.23% (CAGR 2024-2028).
When compared to other countries around Worldwide, in the United States leads in terms of revenue, generating US$20,430m in 2024.
In Singapore, the per person revenue in 2024 is US$101.30, calculated based on the total population figures.
Demand for luxury apparel in Singapore continues to grow, with a strong emphasis on high-quality materials and unique designs to cater to the discerning tastes of its affluent consumers.

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.