Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - NAFTA

NAFTA

In 2024, the Luxury Apparel market in NAFTA is projected to generate a revenue of US$22.81bn.
This market is anticipated to experience an annual growth rate of 1.56% (CAGR 2024-2028).
Among all countries, in the United States leads in terms of revenue, with US$20,430m expected in 2024.
When considering the population, per person revenues are estimated to be US$44.70 in 2024.
The Luxury Apparel market holds a significant position in the market, both globally and within NAFTA.
In NAFTA, luxury apparel brands are seeing a surge in demand as consumers in the United States and Canada prioritize quality and exclusivity.

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.