Global Luxury Apparel Market Trends

News

In data: Luxury market to grow to $269bn by 2028 despite headwinds

Though the global luxury market is experiencing a slowdown following the post-pandemic surge in demand, it is poised to regain momentum in 2025 as inflation rates begin to stabilise and aspirational shoppers re-engage, with the market forecast to grow by 27.8% between 2024 and 2028 to reach $268.6bn.

Shemona Safaya
close

Sign up to the newsletter: In Brief

Your corporate email address *
First name *
Last name *
Company name *
Job title *
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close