Luxury Goods Market Forecast 2024-2032: Key Trends, Dynamics
The global luxury goods market size, valued at approximately USD 346.19 billion in 2023, is expected to witness steady growth at a compound annual growth rate (CAGR) of 4.4%, reaching around USD 510.06 billion by 2032. This market encompasses high-end products across various segments such as fashion, accessories, jewelry, cosmetics, and automobiles, driven by consumers’ … Read more