CAGR of personal luxury goods market 2010-2024

Published by Statista Research Department, Mar 24, 2025

According to the results of a recent global study, personal luxury goods market had a negative compound annual growth rate of 2 (CAGR) between 2023 and 2024. CAGR of the personal luxury goods market was measured at a positive rate of 6 percent between 2010 and 2019.

CAGR of global personal luxury goods market from 2010 to 2024

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Release date

January 2025

Region

Worldwide

Survey time period

2024

Supplementary notes

2024 figures were estimates.

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Statistics on " Personal luxury goods industry worldwide "

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Market overview

8

Sales channels and formats

5

Luxury product markets by category

6

Leading companies

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Sustainability and transparency

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Topics

Global personal luxury goods industryLuxury goods market in ChinaLuxury watch industryMoët Hennessy Louis Vuitton (LVMH Group)The Kering Group
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