Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - Tanzania

Tanzania

In Tanzania, the Luxury Apparel market is projected to generate a revenue of US$34.27m in 2024.
The market is anticipated to experience an annual growth rate of 1.04% (CAGR 2024-2028).
When comparing it to other countries worldwide, in the United States stands out as the largest revenue generator, with a staggering US$20,430m in 2024.
In terms of per capita income, each individual in Tanzania is expected to contribute US$0.49 in revenue in 2024.
Tanzania's luxury apparel market is thriving, with an increasing demand for traditional African textiles and 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.