Asia Pacific Luxury Apparel Market Size & Outlook

The luxury apparel market in Asia Pacific is expected to reach a projected revenue of US$ 45,295.7 million by 2030. A compound annual growth rate of 5% is expected of Asia Pacific luxury apparel market from 2024 to 2030.
Revenue, 2023 (US$M)
$32,137.1
Forecast, 2030 (US$M)
$45,295.7
CAGR, 2024 - 2030
5%
Report Coverage
Asia Pacific

Asia Pacific luxury apparel market, 2018-2030 (US$M)

Asia Pacific luxury apparel market, 2018-2030 (US$M)

Asia Pacific luxury apparel market highlights

  • An overview of the Asia Pacific luxury apparel market trends heading towards 2030. The Asia Pacific market generated a revenue of USD 32,137.1 million in 2023.
  • The overall growth of the Asia Pacific market from 2023 to 2030. The market is expected to grow at a CAGR of 5% from 2024 to 2030.
  • A look at the Asia Pacific market revenues per segment in 2023. In terms of segment, men was the largest revenue generating end use in 2023.
  • The segment witnessing the fastest revenue growth within the market. Men is the most lucrative end use segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2023USD 32,137.1 million
Market revenue in 2030USD 45,295.7 million
Growth rate5% (CAGR from 2023 to 2030)
Largest segmentMen
Fastest growing segmentMen
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMen


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 40.1% of the global luxury apparel market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 45,295.7 million by 2030.

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Luxury Apparel Market Scope

Luxury apparel market segmentation & scope
Men
Women
Distribution Channel
Offline
Online
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
Australia
South Korea
Brazil
South Africa

Luxury Apparel Market Companies

Name Profile # Employees HQ Website

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