Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - Southern Africa

  • Southern Africa
  • In Southern Africa, the revenue generated in the Luxury Apparel market amounts to US$184.80m in 2024.
  • This market is expected to experience an annual growth rate of 1.20% (CAGR 2024-2028).
  • When compared globally, in the United States generates the highest revenue in this segment, reaching US$20,430m in 2024.
  • In terms of per capita figures, the revenue per person in Southern Africa amounts to US$2.64 in 2024.
  • Luxury apparel brands in Southern Africa are experiencing a surge in demand as consumers increasingly prioritize quality and exclusivity.

Key regions: India, Singapore, United States, France, United Kingdom

 
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Methodology

The Luxury Apparel 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 Apparel industry.

Overview

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