Market OverviewGlobal Luxury Goods Market Size And Share Is Currently Valued At Usd 387.68 Billion In 2024 And Is Anticipated To Generate An Estimated Revenue Of Usd 724.99 Billion By 2034, According To The Latest Study By Polaris Market Research. Besides, The Report Notes That The Market Exhibits A Robust 6.5% Compound Annual Growth Rate (Cagr) Over The Forecasted Timeframe, 2025 - 2034 ...

The global luxury goods market size, valued at approximately USD 346.19 billion in 2024, is poised for steady growth. With an estimated compound annual growth rate (CAGR) of 4.4% during the forecast period of 2025-2033, the market is projected to reach a value of USD 510.06 billion by 2033. This expansion reflects the growing appetite for premium products across various segments, driven by...