According to a new report Global Luxury Apparels Market, published by KBV Research, the global Luxury Apparels Market is expected to attain a market size of $80.8 billion by 2023, growing at a CAGR of 5.6% during the forecast period.
The Women market dominated the Global Luxury Apparel Market by End User in 2016, and would continue to be a dominant market till 2023. The Men market is expected to witness a CAGR of 5.1% during (2017 - 2023).
The Europe market dominated the Global Offline Luxury Apparel Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 4.7 % during the forecast period. The North America market is expected to witness a CAGR of 4.9% during (2017 - 2023). Additionally, The Asia Pacific market is expected to witness highest CAGR of 6.1% during (2017 - 2023).
The Cotton market dominated the Global Luxury Apparel Market by Material in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 5.4 % during the forecast period. The Silk market is expected to witness a CAGR of 5.2% during (2017 - 2023). Additionally, The Leather market would achieve a market value of $12,923.4 by 2023.
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global Luxury Apparels have been discussed in the report along with the elaborated company profiles of Ralph Lauren Corporation, LVMH, Burberry Group Plc, PVH (TOMMY HILFIGER USA INC.), Nike, Inc., Giorgio Armani S.P.A, Hermes International, Inc., Michael Kors Holdings Limited, Kering (Gucci), and Hugo Boss AG.
Full Report: https://www.kbvresearch.com/global-luxury-apparels-market/
Global Luxury Apparels Segmentation
By Mode of Sales
By End Users
By Materials
By Geography
Companies Profiled
Unique Offerings from KBV Research
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