Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - GCC

In 2024, the Luxury Apparel market in the GCC is projected to generate a revenue of US$1.27bn.
It is estimated that the market will experience an annual growth rate of 3.90% (CAGR 2024-2028).
When compared to other countries worldwide, in the United States leads the pack with a revenue of US$20,430m in 2024.
Taking into account the total population, the per person revenue in the GCC is expected to be US$21.04 in 2024.
The luxury apparel market in the GCC is experiencing a surge in demand due to the region's high disposable income and preference for exclusive, high-end fashion brands.

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.