This statistic depicts the value of the luxury apparel market worldwide from 2020 to 2031. In 2020, the global luxury apparel market was valued at approximately 71 billion U.S. dollars, and was forecast to reach a value of 278 billion U.S. dollars by 2031.
Luxury apparel market value worldwide from 2020 to 2031
(in billion U.S. dollars)
For the Statista estimate an exponential development of the values between 2020 and 2031 was assumed to estimate the annual values. The values for 2020 and 2031 were provided by the source.
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Statista. (February 18, 2022). Luxury apparel market value worldwide from 2020 to 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 08, 2022, from https://www.statista.com/statistics/941156/luxury-apparels-market-value-worldwide/
Statista. "Luxury apparel market value worldwide from 2020 to 2031 (in billion U.S. dollars)." Chart. February 18, 2022. Statista. Accessed August 08, 2022. https://www.statista.com/statistics/941156/luxury-apparels-market-value-worldwide/
Statista. (2022). Luxury apparel market value worldwide from 2020 to 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 08, 2022. https://www.statista.com/statistics/941156/luxury-apparels-market-value-worldwide/
Statista. "Luxury Apparel Market Value Worldwide from 2020 to 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Feb 2022, https://www.statista.com/statistics/941156/luxury-apparels-market-value-worldwide/
Statista, Luxury apparel market value worldwide from 2020 to 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/941156/luxury-apparels-market-value-worldwide/ (last visited August 08, 2022)