Luxury Fashion - Nordics

Nordics

In 2024, the Luxury Fashion market in the Nordics is projected to generate a revenue of US$2.83bn.
This market is anticipated to experience an annual growth rate of 3.60%, representing a compound annual growth rate (CAGR) from 2024 to 2028.
When compared to other countries worldwide, in the United States leads the pack by generating a revenue of US$27,670m in 2024.
Considering the population figures, the per person revenue in the Nordics is estimated to be US$101.00 in 2024.
The Nordic luxury fashion market is thriving, with a strong emphasis on sustainable and minimalist designs.

Key regions: United States, Italy, Russia, France, India

Market

Region

Region comparison

Currency

Methodology

The Luxury Fashion 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 Fashion industry.