Luxury Fashion - Australia & Oceania

Australia & Oceania

In Australia & Oceania, the Luxury Fashion market generates a revenue of US$3.60bn in the year 2024.
According to forecasts, this market is projected to experience an annual growth rate of 3.68% (CAGR 2024-2028).
When compared to other countries worldwide, in the United States leads the pack with a revenue of US$27,670m in 2024.
In terms of per capita income, each individual in Australia & Oceania generates a revenue of US$82.85 in 2024.
Luxury fashion brands are increasingly targeting high-net-worth individuals in Australia, capitalizing on their growing appetite for exclusive, high-end products.

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.