The global luxury apparel market size reached approximately USD 108.47 Billion in 2025. The market is assessed to grow at a CAGR of 5.70% between 2026 and 2035 to attain a value of around USD 188.83 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.7%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Luxury Apparels Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 108.47 |
| Market Size 2035 | USD Billion | 188.83 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 5.70% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 6.4% |
| CAGR 2026-2035 - Market by Country | India | 6.6% |
| CAGR 2026-2035 - Market by Country | Saudi Arabia | 6.2% |
| CAGR 2026-2035 - Market by End Use | Women | 6.1% |
| CAGR 2026-2035 - Market by Distribution Channel | Online | 12.6% |
| Market Share by Country 2025 | Canada | 2.1% |
Luxury apparel refers to branded and fashionable clothing, accessories, and footwear that is characterised by excellent quality, expensive price, and exclusivity. Luxury brands are associated with scarcity, sophistication, craftsmanship, superior performance, and creativity. Moreover, luxury clothing is made with high-quality materials and is crafted with attention to detail and precision.
The rising adoption of renewable materials and advanced technologies, innovations in textiles, and the development of fibres that do not produce waste are likely to further aid the market growth in the forecast period.
"Global luxury apparel market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
| CAGR 2026-2035 - Market by | Country |
| India | 6.6% |
| Saudi Arabia | 6.2% |
| China | 6.1% |
| Mexico | 6.0% |
| Canada | 5.9% |
| USA | XX% |
| UK | 5.6% |
| France | XX% |
| Italy | XX% |
| Japan | XX% |
| Australia | XX% |
| Brazil | XX% |
| Germany | 5.2% |
Women hold a significant portion of the luxury apparel market share due to their increasing social independence and financial freedom. Extensive spending on self-improvement and self-care by women is further surging the demand for high-end fashion, cosmetics, and jewellery. With luxury goods becoming a part of pop culture and the increasing availability of different types of luxury items on online channels, the demand for luxury apparel among women is likely to bolster in the coming years.
As per the luxury apparel market analysis, Europe is witnessing a strong demand for luxury goods due to developed countries with high per-capita incomes in the region. Cities such as Milan and Paris in Europe are recognised as fashion capitals of the world and house reputed events such as international fashion weeks.
Meanwhile, the market in North America is experiencing significant growth, supported by the growing number of social media users and evolving customer behaviours. Brands in the region are also embracing authenticity, inclusivity, and diversity to develop connections with audiences and resonate with a wide range of customers.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global luxury apparel market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Chanel S.A. is a prominent developer, manufacturer, creator, and distributor of luxury goods. It was founded in 1910 in France by Gabrielle Chanel and offers a wide assortment of apparel, cosmetics, and accessories like eyewear, leather goods, makeup, ready-to-wear clothes, watches, and jewellery, among others. Its products are recognised for their luxury and intricate craftsmanship.
LVMH Moet Hennessy-Louis Vuitton SE, formed in 1987, has established its position as a pioneer in the world of luxury. It comprises 75 Maisons, through which it develops products with unique craftsmanship, contemporary creativity, and rich heritage. With its headquarters in Paris, France, the company operates in diverse sectors, including fashion and leather goods, selective distribution, wines and spirits, jewellery and watches, and cosmetics and perfumes.
PVH Corp., headquartered in New York, the United States, is one of the largest lifestyle companies. Owner of renowned brands such as Tommy Hilfiger and Calvin Klein, the company aims to become the most desirable global lifestyle group. Founded in 1881, the company has operations in over 40 countries across the world.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other luxury apparels market players include Ralph Lauren Corporation, Christian Dior SE, Prada S.p.A., Dolce & Gabbana S.r.l., Giorgio Armani S.p.A., Kering SA, and Burberry Group plc, among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the market attained a value of nearly USD 108.47 Billion.
The market is assessed to grow at a CAGR of 5.70% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 188.83 Billion by 2035.
The shift towards e-commerce platforms and the increasing willingness of the millennial and Gen-Z population to try new things are the major market drivers.
The key trends aiding the market growth are the rising trend of sustainability, the increasing spending on luxury apparel by women, and the surging attempts by key players to enhance their diversity and inclusivity.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant distribution channels in the market are offline and online.
The major players in the market are Chanel S.A., LVMH Moet Hennessy-Louis Vuitton SE, PVH Corp., Ralph Lauren Corporation, Christian Dior SE, Prada S.p.A., Dolce & Gabbana S.r.l., Giorgio Armani S.p.A., Kering SA, and Burberry Group plc, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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