Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - Guatemala

Guatemala

In 2024, the Luxury Apparel market in Guatemala is expected to generate revenue amounting to US$19.88m.
According to projections, this market is anticipated to grow annually by 0.97%, with a Compound Annual Growth Rate (CAGR) of 2024-2028.
When compared globally, in the United States leads the way, generating the highest revenue of US$20,430m in 2024.
In terms of per person revenues, in Guatemala generates US$1.08 in 2024.
Guatemala's luxury apparel market is experiencing a surge in demand for handcrafted, indigenous textiles, showcasing the country's rich cultural heritage.

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.