Market Insights Consumer Luxury Goods

Luxury Fashion - CIS

  • CIS
  • In the year 2024, the Luxury Fashion market in the CIS region is projected to generate a revenue of US$1.08bn.
  • This market is anticipated to experience an annual growth rate of 0.91% (CAGR 2024-2029).
  • When compared to other countries worldwide, in the United States is the leader in terms of revenue generation, with a staggering US$34,960m in 2024.
  • Looking at the revenue per person, in 2024, each individual in the CIS region is expected to contribute US$4.43 to the Luxury Fashion market sector.
  • CIS consumers are increasingly embracing local luxury fashion brands, reflecting a growing sense of national pride and support for domestic talent.

Key regions: South Korea, United States, Singapore, China, France

 
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Methodology

The Luxury Fashion market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Fashion industry.

Overview

  • Revenue
  • Sales Channels
  • Key Players
  • Global Comparison
  • Methodology
  • Key Market Indicators
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