Global market value of luxury goods sectors, by type of product 2013-2018

Published by Statista Research Department, Feb 22, 2024
According to the source, the market value of luxury goods reached a staggering 1,171 billion euros in 2018. Among the luxury goods & services segments that recorded a substantial increase in value, the luxury cars sector recorded an increase of 90 billion euros in value between 2015 and 2018, reaching almost 500 billion euros in 2018.

Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros)

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Release date

December 2018

Region

Worldwide

Survey time period

2015 to 2018

Supplementary notes

* As of 2017 the categories private jets and yachts have been grouped under one category.

Figures from 2015 to 2017 are included in reports previously published by the source.

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Luxury goods in EuropeGlobal personal luxury goods industryMoët Hennessy Louis Vuitton (LVMH Group)Clothing and apparel market in EuropeM&A in the luxury goods sector
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