Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Footwear - Malaysia

Malaysia

In Malaysia, the Luxury Footwear market generated a revenue of US$180.00m in 2024.
It is projected to experience an annual growth rate of 4.04% (CAGR 2024-2028).
When compared globally, in the United States leads the market with a revenue of US$7,240m in 2024.
In terms of per capita revenue, each individual in Malaysia contributed US$5.19 in 2024.
The demand for luxury footwear in Malaysia has been steadily increasing, driven by the country's growing affluent population and their desire for premium and high-quality brands.

Key regions: France, South Korea, Italy, Singapore, Japan

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The Luxury Footwear 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 Footwear industry.