Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - Mexico

Mexico

In Mexico, the Luxury Apparel market generates a revenue of US$0.45bn in 2024.
It is projected to have an annual growth rate of 0.55% (CAGR 2024-2028).
When compared to other countries, in the United States leads in revenue generation with US$20,430m in 2024.
In terms of per capita income, each person in Mexico generates a revenue of US$3.51 in 2024.
In Mexico, the luxury apparel market is flourishing as affluent consumers increasingly prioritize high-end fashion brands for their exclusive designs and superior craftsmanship.

Key regions: India, Singapore, United States, France, United Kingdom

Market

Region

Region comparison

Currency

Methodology

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.