Luxury Fashion - Paraguay

Paraguay

In Paraguay, the revenue generated in the Luxury Fashion market in 2024 amounts to US$9.37m.
This market is projected to experience an annual growth rate of 0.61% (CAGR 2024-2028).
When compared globally, in the United States leads in revenue generation, with US$27,670m in 2024.
In terms of per capita figures, the revenue per person in Paraguay's Luxury Fashion market is US$1.35 in 2024.
Paraguay's luxury fashion market is thriving, with a growing demand for high-end designer brands and a flourishing local luxury fashion scene.

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.