Luxury Fashion - Baltics

Baltics

In 2024, the Luxury Fashion market in the Baltics is projected to generate a revenue of US$134.20m.
The market is expected to experience an annual growth rate of 4.75%, according to the compound annual growth rate (CAGR) for the period of 2024-2028.
When compared globally, in the United States stands as the leading revenue generator in this segment, with a projected revenue of US$27,670m in 2024.
Taking into account the total population figures, the per person revenue in the Baltics is estimated to be US$23.05 in 2024.
Luxury fashion in the Baltics is experiencing a surge in demand for locally designed and sustainable clothing.

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

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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.