Luxury Fashion Market Valued at US$ 346.39 Bn in 2029, Key Players: LVMH, Inditex
Luxury Fashion Market Poised for Steady Growth at a CAGR of 4.0%, Reaching $346.39 Billion by 2029 The global luxury fashion market is on track for continued expansion, with a projected valuation of USD 346.39 billion by 2029. This translates to a compound annual growth rate (CAGR) of 4.0% during the forecast period 2024-2029, according to a new report by Maximize Market Research. Request for free sample: https://www.maximizemarketresearch.com/request-sample/126250 APAC Region Emerges as a Key Growth Engine The report highlights the Asia Pacific (APAC) region as a major driver of growth for the luxury fashion market over the next decade. This growth is attributed to factors such as rising disposable incomes, increasing urbanization, and a growing appetite for luxury brands among a burgeoning middle class. Maximize Market Research Provides In-Depth Insights The report offers a comprehensive analysis of the luxury fashion market, exploring the key drivers and restraints th