Expected CAGR of personal luxury goods market 2020-2025

Published by
Tugba Sabanoglu,
Oct 25, 2022
According to the results of a recent global survey, personal luxury goods market is expected to have a positive growth rate over the next five years from 2020 to 2025. Compared to apparel & accessories and watches & jewelry, cosmetics & fragrances market is expected to grow slightly more with a CAGR of six percent, while the former markets have a forecasted CAGR of five percent.

Expected CAGR of global personal luxury goods market from 2020 to 2025

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Source

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Release date

May 2021

Region

Worldwide

Survey time period

2021

Supplementary notes

The source states that the data is based on elaboration on official annual reports, official companies press release, secondary market data and interviews with key operators/experts within the sector.

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Statistics on " Personal luxury goods industry worldwide "

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Market overview

7

Sales channels and formats

5

Luxury product markets by category

6

Leading companies

8

Brand rankings

7

Further related statistics

18

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Topics

Global personal luxury goods industryLuxury goods market in ChinaLuxury watch industryMoët Hennessy Louis Vuitton (LVMH Group)The Kering Group
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