The revenue in Hong Kong's luxury fashion market is forecast to grow slowly in the coming years. As part of the positive trend, the revenue reaches the maximum value for both segments at the end of the comparison period. Particularly noteworthy is the segment of luxury apparel, which has the highest value of *****billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The luxury fashion segment includes luxury apparel and footwear. The overall definition of this segment follows the Consumer Market Insights apparel and footwear markets, while here only sales of luxury brands are considered, and mass-market products are excluded.
Structure:
The luxury fashion is divided into 2 markets:
Luxury apparel includes designer clothing and clothing accessories (scarves, belts, hats etc.) that are made “ready-to-wear” and luxury segments and brands of the companies covered.
Luxury footwear includes leather footwear, athletic footwear and sneakers as well as textile footwear, sandals and other shoes and luxury segments and brands of the companies covered.
Additional Information:
The shown market data are based on an analysis of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Accordingly, fashion goods from smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.
The key players are LVMH (with brands such as Louis Vuitton, Fendi or Loro Piana), Kering (Gucci, Balenciaga, Saint Laurent and other brands), Ralph Lauren and PVH (Calvin Klein, Tommy Hilfiger).
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Statista. (June 30, 2025). Revenue of luxury clothing and luxury footwear in Hong Kong from 2020 to 2030 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 12, 2025, from https://www.statista.com/statistics/1614424/hong-kong-revenue-of-luxury-fashion-by-segment/
Statista. "Revenue of luxury clothing and luxury footwear in Hong Kong from 2020 to 2030 (in million U.S. dollars)." Chart. June 30, 2025. Statista. Accessed July 12, 2025. https://www.statista.com/statistics/1614424/hong-kong-revenue-of-luxury-fashion-by-segment/
Statista. (2025). Revenue of luxury clothing and luxury footwear in Hong Kong from 2020 to 2030 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 12, 2025. https://www.statista.com/statistics/1614424/hong-kong-revenue-of-luxury-fashion-by-segment/
Statista. "Revenue of Luxury Clothing and Luxury Footwear in Hong Kong from 2020 to 2030 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jun 2025, https://www.statista.com/statistics/1614424/hong-kong-revenue-of-luxury-fashion-by-segment/
Statista, Revenue of luxury clothing and luxury footwear in Hong Kong from 2020 to 2030 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1614424/hong-kong-revenue-of-luxury-fashion-by-segment/ (last visited July 12, 2025)
Revenue of luxury clothing and luxury footwear in Hong Kong from 2020 to 2030 (in million U.S. dollars) [Graph], Statista, June 30, 2025. [Online]. Available: https://www.statista.com/statistics/1614424/hong-kong-revenue-of-luxury-fashion-by-segment/