Luxury Fashion - North America

  • North America
  • In North America, specifically in the United States, the Luxury Fashion market is projected to generate a significant revenue of US$30.94bn in 2024.
  • It is anticipated that this market will experience a steady annual growth rate of 1.89% (CAGR 2024-2028).
  • When compared to other countries globally, in the United States stands out as the top revenue generator, with an estimated revenue of US$27,670m in 2024.
  • Taking into account the total population, the per person revenue is calculated to be US$60.63 in 2024.
  • North America's luxury fashion market is experiencing a surge in demand for sustainable and ethically produced clothing.

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

 
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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.

Overview

  • Revenue
  • Key Players
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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