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Download Free sampleConsumer luxury goods are products that are not essential but are highly desired and associated with wealthy or affluent people. They are bought for several reasons: to support self-worth and status, or for the product's quality and craftsmanship.
Consumer Luxury Goods Market contains market size and forecasts of Consumer Luxury Goods in Global, including the following market information:
The global Consumer Luxury Goods market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Apparel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Consumer Luxury Goods include LVMH, Estee Lauder, Richemont, Essilor International S.A., Kering, L'Oreal Luxe, The Swatch Group, Ralph Lauren and PVH, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Consumer Luxury Goods companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Consumer Luxury Goods Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Consumer Luxury Goods Market Segment Percentages, by Type, 2021 (%)
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