Luxury Goods - Global Strategic Business Report

The global market for Luxury Goods was estimated at US$266.6 Billion in 2024 and is projected to reach US$369.8 Billion by 2030, growing at a CAGR of 5.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Luxury Goods market.

Global Luxury Goods Market - Key Trends & Drivers Summarized

Luxury goods, encompassing high-end fashion, jewelry, watches, perfumes, leather goods, and luxury automobiles, represent a unique sector of the consumer market characterized by premium quality, exclusivity, and high price points. These goods are often associated with prestigious brands that have a long heritage and are recognized globally for their craftsmanship and attention to detail. Iconic names like Louis Vuitton, Chanel, Rolex, and Ferrari evoke images of opulence and sophistication. The luxury market thrives on the perception of exclusivity and status, catering to affluent consumers who seek not only products but experiences that signify their success and refined tastes. Innovations in design, superior materials, and exceptional customer service further distinguish luxury goods from mass-market products, creating a loyal customer base willing to invest in high-quality, prestigious items.

The production and marketing of luxury goods have evolved significantly with advancements in technology and changing consumer behaviors. Traditional craftsmanship remains a cornerstone of luxury goods, with many items still handcrafted using time-honored techniques. However, the integration of modern technology has enhanced precision and quality control. For instance, luxury watchmakers employ advanced micro-engineering to create intricate movements, while fashion houses utilize computer-aided design (CAD) to craft precise patterns and fit. The marketing strategies for luxury goods have also adapted to the digital age, with brands leveraging social media, e-commerce, and influencers to reach a broader and younger audience. Virtual showrooms, augmented reality (AR) experiences, and personalized online shopping have become integral parts of the luxury shopping experience, offering convenience without compromising the exclusivity that defines luxury brands. The rise of sustainable and ethically produced luxury goods is another significant trend, as consumers increasingly demand transparency and social responsibility from the brands they support.

The growth in the luxury goods market is driven by several factors, including increasing wealth among high-net-worth individuals, technological advancements, and evolving consumer preferences. The expanding global middle class, particularly in emerging markets like China and India, has fueled demand for luxury items, as rising disposable incomes allow more consumers to indulge in premium products. Technological advancements have not only improved the quality and production of luxury goods but also revolutionized their marketing and distribution. The adoption of digital channels has made luxury goods more accessible to a global audience, while innovations such as blockchain technology enhance authenticity verification and combat counterfeiting. Consumer preferences are also shifting, with a growing emphasis on experiences over possessions, driving demand for experiential luxury, such as exclusive travel, fine dining, and bespoke services. Sustainability and ethical considerations are increasingly influencing purchasing decisions, prompting luxury brands to adopt eco-friendly practices and transparent supply chains. Additionally, the resilience of the luxury market during economic downturns underscores its appeal as a stable investment for both consumers and investors. These factors collectively highlight the dynamic and evolving nature of the luxury goods market, underscoring its ability to adapt to changing economic conditions and consumer demands while maintaining its hallmark of exclusivity and prestige.

Scope of Study:

The report analyzes the Luxury Goods market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments: Product Type (Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods, Other Product Types); Distribution Channel (Offline, Online)
Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Apparel segment, which is expected to reach US$115.4 Billion by 2030 with a CAGR of a 6.9%. The Cosmetics & Perfumes segment is also set to grow at 5.8% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, estimated at $58.1 Billion in 2024, and China, forecasted to grow at an impressive 7.6% CAGR to reach $42.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Luxury Goods Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Luxury Goods Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Luxury Goods Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of players such as Benetton Group Srl, 3B International LLC, Absolument Parfumeur, Amouage Ltd., Arabian Oud and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 175 companies featured in this Luxury Goods market report include:

Benetton Group Srl
3B International LLC
Absolument Parfumeur
Amouage Ltd.
Arabian Oud
Aspects Beauty Co., Ltd.
Beauty San SpA
Bond No. 9
Abercrombie & Kent USA, LLC
A.L.B Watches
Alexander Shorokhoff Uhrenmanufaktur GmbH
Auguste Reymond SA
Baume & Mercier
A. Favre & fils
Asprey London Limited

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
Tariff Impact on Global Supply Chain Patterns
An Introduction to Luxury Goods
Types of Luxury Goods
Global Market Prospects & Outlook
Competition
Luxury Brands Differentiate Even in Digital Transition Efforts
Key Competitors in the Luxury Watches Domain
Recent Market Activity
Luxury Goods - Global Key Competitors Percentage Market Share in 2025 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Travel & Tourism Industry Trends Influence Prospects in Luxury Goods Market
Personal Incomes of People: A Critical Factor Influencing Market Prospects
High Net Worth Individuals and Changing Lifestyles Boost Luxury Goods Market
Younger Generation & Millennials Redefine and Drive Growth in Luxury Market
Notable Trends Impacting Global Luxury Goods Industry
Affordable Luxury to Influence Market Outlook
Rising Sales of Second Hand Luxury Goods
Role of Digital Technologies in Shaping the Luxury Goods Market
Augmented Reality Transforms Luxury Retail Experience
Artificial Intelligence: Playing a Critical Part in Personalizing Shopping Recommendations
Luxury Watches: A Strong Growth Driver for the Watch Market
Luxury Watch Market in the US: Percentage Breakdown of Value Sales by Product for 2019 and 2025
Swiss Watches: The Primary Luxury Watch Category
Online Channels: A Possible Way Out for Luxury Watchmakers
Luxury Footwear Designers Gain Traction
Affordable Luxury: Not just an Oxymoron in Footwear Space
Luxury, Premium Fragrances: Key Segment in Overall Fragrances & Perfumes Market
Pandemic Hurts Prospects of Luxury Apparel Brands
Resale of Luxury Apparel Gains Momentum
E-Commerce Retail Spurs Sales of Luxury Goods
Popular Luxury Brands Online: Percentage Share of Search Interest by Brand for 2023
Counterfeits: A Major Concern for the Luxury Goods Market

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: World Recent Past, Current & Future Analysis for Luxury Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 2: World Historic Review for Luxury Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 3: World 16-Year Perspective for Luxury Goods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2025 & 2030
TABLE 4: World Recent Past, Current & Future Analysis for Apparel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 5: World Historic Review for Apparel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 6: World 16-Year Perspective for Apparel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
TABLE 7: World Recent Past, Current & Future Analysis for Cosmetics & Perfumes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 8: World Historic Review for Cosmetics & Perfumes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 9: World 16-Year Perspective for Cosmetics & Perfumes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
TABLE 10: World Recent Past, Current & Future Analysis for Watches & Jewelry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 11: World Historic Review for Watches & Jewelry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 12: World 16-Year Perspective for Watches & Jewelry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
TABLE 13: World Recent Past, Current & Future Analysis for Leather Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 14: World Historic Review for Leather Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 15: World 16-Year Perspective for Leather Goods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
TABLE 16: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 17: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 18: World 16-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
TABLE 19: World Recent Past, Current & Future Analysis for Offline by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 20: World Historic Review for Offline by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 21: World 16-Year Perspective for Offline by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
TABLE 22: World Recent Past, Current & Future Analysis for Online by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 23: World Historic Review for Online by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 24: World 16-Year Perspective for Online by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
TABLE 25: World Luxury Goods Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
Market Overview
Luxury Watches Market: Overview
Number of Millionaire Households in the US (in Millions) by Wealth for 2023
Swiss Make Luxury Watches Remain the Top Choice
Competition
US Luxury Watches Market: Percentage Breakdown of Sales by Company (2023)
Footwear Commands Major Chunk of Luxury Fashion Spending Online
US Footwear Market: Breakdown of Average Annual Per Capita Spends on Footwear by Region (In US$) for 2023
Luxury Shoe Club: A Trading Platform
TABLE 26: USA Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 27: USA Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 28: USA 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 29: USA Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 30: USA Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 31: USA 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
CANADA
TABLE 32: Canada Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 33: Canada Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 34: Canada 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 35: Canada Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 36: Canada Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 37: Canada 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
JAPAN
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
Japanese Watchmakers Make a Push to Capture Share of Luxury Watches Market
TABLE 38: Japan Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 39: Japan Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 40: Japan 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 41: Japan Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 42: Japan Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 43: Japan 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
CHINA
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
Major Factors and Trends Influencing the Luxury Goods Market in China
China’s Young and Affluent Consumers Lead Growth of Luxury Watch Market
Increasing Affluence of Chinese Individuals: Wealth per Adult in US$ for the Years 2002, 2006, 2010, 2014, 2018 and 2022
Consumer Behavior and Purchasing Patterns in China
Increasing Demand for Swiss Luxury Watches in China
Players Modify Strategies to Benefit from China’s Faster Economic Recovery
TABLE 44: China Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 45: China Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 46: China 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 47: China Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 48: China Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 49: China 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
EUROPE
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
Pre-Owned Luxury Watches Market Gains Traction
TABLE 50: Europe Recent Past, Current & Future Analysis for Luxury Goods by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 51: Europe Historic Review for Luxury Goods by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 52: Europe 16-Year Perspective for Luxury Goods by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2025 & 2030
TABLE 53: Europe Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 54: Europe Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 55: Europe 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 56: Europe Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 57: Europe Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 58: Europe 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
FRANCE
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
TABLE 59: France Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 60: France Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 61: France 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 62: France Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 63: France Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 64: France 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
GERMANY
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
TABLE 65: Germany Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 66: Germany Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 67: Germany 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 68: Germany Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 69: Germany Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 70: Germany 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
ITALY
Unrivalled Leader in Luxury Footwear
TABLE 71: Italy Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 72: Italy Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 73: Italy 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 74: Italy Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 75: Italy Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 76: Italy 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
UNITED KINGDOM
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
Green and Luxury Footwear Gain Traction
TABLE 77: UK Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 78: UK Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 79: UK 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 80: UK Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 81: UK Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 82: UK 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
SPAIN
TABLE 83: Spain Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 84: Spain Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 85: Spain 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 86: Spain Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 87: Spain Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 88: Spain 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
RUSSIA
Luxury Footwear Gains Lost Ground
TABLE 89: Russia Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 90: Russia Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 91: Russia 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 92: Russia Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 93: Russia Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 94: Russia 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
REST OF EUROPE
TABLE 95: Rest of Europe Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 96: Rest of Europe Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 97: Rest of Europe 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 98: Rest of Europe Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 99: Rest of Europe Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 100: Rest of Europe 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
ASIA-PACIFIC
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
TABLE 101: Asia-Pacific Recent Past, Current & Future Analysis for Luxury Goods by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 102: Asia-Pacific Historic Review for Luxury Goods by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 103: Asia-Pacific 16-Year Perspective for Luxury Goods by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2025 & 2030
TABLE 104: Asia-Pacific Recent Past, Current & Future Analysis for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 105: Asia-Pacific Historic Review for Luxury Goods by Product Type - Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 106: Asia-Pacific 16-Year Perspective for Luxury Goods by Product Type - Percentage Breakdown of Value Sales for Apparel, Cosmetics & Perfumes, Watches & Jewelry, Leather Goods and Other Product Types for the Years 2014, 2025 & 2030
TABLE 107: Asia-Pacific Recent Past, Current & Future Analysis for Luxury Goods by Distribution Channel - Offline and Online - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 108: Asia-Pacific Historic Review for Luxury Goods by Distribution Channel - Offline and Online Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
TABLE 109: Asia-Pacific 16-Year Perspective for Luxury Goods by Distribution Channel - Percentage Breakdown of Value Sales for Offline and Online for the Years 2014, 2025 & 2030
AUSTRALIA
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)
INDIA
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)
Luxury Footwear Market Heads for Healthy Gains
Luxury Watches Market in India: An Overview
Popularity of Luxury Watches Rises among Affluent Indians
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)
Market Overview
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
Luxury Watches: A High Potential Market
REST OF MIDDLE EAST
AFRICA
Luxury Goods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Benetton Group Srl
3B International LLC
Absolument Parfumeur
Amouage Ltd.
Arabian Oud
Aspects Beauty Co., Ltd.
Beauty San SpA
Bond No. 9
Abercrombie & Kent USA, LLC
A.L.B Watches
Alexander Shorokhoff Uhrenmanufaktur GmbH
Auguste Reymond SA
Baume & Mercier
A. Favre & fils
Asprey London Limited

Table Information

Report Attribute	Details
No. of Pages	494
Published	June 2025
Forecast Period	2024 - 2030
Estimated Market Value ( USD ) in 2024	$ 266.6 Billion
Forecasted Market Value ( USD ) by 2030	$ 369.8 Billion
Compound Annual Growth Rate	5.6%
Regions Covered	Global

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Global Luxury Goods Market - Key Trends & Drivers Summarized

Scope of Study:

Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Some of the 175 companies featured in this Luxury Goods market report include:

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

Table of Contents

Companies Mentioned (Partial List)

Table Information

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