Revenue in the Luxury Fashion market for different segments Australia 2019-2029

The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue reaches the maximum value for all two different segments at the end of the comparison period. Particularly noteworthy is the segment Luxury Apparel, which has the highest value of 2.6 billion U.S. dollars.

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Revenue in the Luxury Fashion market for different segments Australia from 2019 to 2029 (in million U.S. dollars)

Characteristic	Luxury Apparel	Luxury Footwear
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Luxury Fashion segment includes Luxury Apparel and Footwear. The overall definition of this segment follows the Consumer Market Insights Apparel and Footwear markets, while here only sales of luxury brands are considered, and mass-market products are excluded.

Structure:

The Luxury Fashion is divided into 2 markets:

Luxury Apparel includes designer clothing and clothing accessories (scarves, belts, hats etc.) that are made “ready-to-wear” and luxury segments and brands of the companies covered.
Luxury Footwear includes leather footwear, athletic footwear and sneakers as well as textile footwear, sandals and other shoes and luxury segments and brands of the companies covered.

Additional Information:

The shown market data are based on an analysis of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Accordingly, fashion goods from smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.

The key players are LVMH (with brands such as Louis Vuitton, Fendi or Loro Piana), Kering (Gucci, Balenciaga, Saint Laurent and other brands), Ralph Lauren and PVH (Calvin Klein, Tommy Hilfiger).

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