1. Market Research
  2. > Consumer Goods
  3. > Luxury Goods Market Trends
Luxury Apparels Market: Global Opportunity Analysis and Industry Forecast, 2017-2023

Luxury Apparels Market: Global Opportunity Analysis and Industry Forecast, 2017-2023

  • May 2017
  • 120 pages
  • ID: 5281612
  • Format: PDF


Table of Contents

Luxury Apparels Market by Material (Cotton, Silk, Leather, and Denim), Gender (Male and Female), and Mode of Sale (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2017-2023

The global luxury apparels market is expected to reach $81.23 billion by 2023, registering a CAGR of 3.9% during the forecast period.

The rise in disposable income has elevated the consumer lifestyle and shifted their preference towards premium products. Moreover, the escalation in online and web purchasing is likely to supplement the luxury apparels market growth. However, currency depreciation, increased prices of raw materials, and economic turbulence in some developed countries could hamper the luxury apparels market growth.

This luxury apparels market is segmented on the basis of material, mode of sale, gender, and geography. The material segment includes cotton, silk, leather, and denim.

In the year 2016, cotton accounted for maximum revenue with more than 30% market share. The material possesses better cooling and insulating properties than the other materials and hence, generated highest revenue in 2016.

The mode of sale includes offline or online sale, in which offline mode of sales includes mono-brand stores and franchise stores. Most customers prefer the retail mode of sale while buying luxury apparels. However, the online mode of sale is expected to grow at the highest CAGR of 5.6% during the forecast period.

The luxury apparels market is extremely dependent on the economic stability of any particular region as these goods are mainly purchased by the upper economic classes. Furthermore, with the advancements in technology and increase in consumer demands, leading market players have developed various designs and patterns in different categories of luxury apparels and adopted different strategies to combat competition.

The market is analyzed across four regions-North America, Europe, Asia-Pacific, and LAMEA. Europe is expected to dominate the global market during the analysis period due to the presence of large number of established manufacturers of luxury apparels in Italy, France, and UK. The market in Asia-Pacific is expected to grow at a significant rate due to increase in number of high net worth individuals and a growing tourism industry.

The report includes comprehensive analysis of the key players in luxury apparels market such as Ralph Lauren Corporation, Christian Dior, Michael Kors, Coach, Inc., Gianni Versace S.P.A., Giorgio Armani S.P.A., Nike, Inc., Hermes International, Inc., Tommy Hilfiger USA Inc., and Burberry Group, Inc.

Dolce & Gabbana, Fendi, Société Cartier, Calvin Klein Inc., True Religion, Chanel S.A., and Guess, Inc. among others are some of the other prominent players operating in the luxury apparels industry.

This report provides an in-depth analysis of the global luxury apparels market to identify the potential investment pockets.
It outlines the current trends and future scenarios to determine the overall market potential and gain stronger market foothold.
Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.
Quantitative analysis of the market from 2016 to 2023 is highlighted to recognize the financial competency of the market.
Porter’s Five Forces model illustrates the threat of new entrants, threat of substitutes, and strength of the buyers & suppliers.





North America
Rest of Europe
South Korea
Rest of Asia-Pacific
Latin America
Middle East

Ralph Lauren Corporation
Christian Dior
Michael Kors
Coach, Inc.
Gianni Versace S.P.A.
Giorgio Armani S.P.A.
Nike, Inc.
Hermes International, Inc.
Tommy Hilfiger USA Inc.
Burberry Group, Inc.

Dolce & Gabbana
Societe Cartier
Calvin Klein Inc.
True Religion
Chanel S.A.
Guess, Inc.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Luxury Goods in Canada

Luxury Goods in Canada

  • $ 1210
  • February 2019

Luxury goods continued its positive momentum in Canada in 2018, recording healthy current value growth. Growth continued to be driven primarily by international tourism, the ongoing arrival of wealthy ...

Luxury Goods in South Korea

Luxury Goods in South Korea

  • $ 1210
  • February 2019

Luxury goods registered healthy retail current value growth in 2018, with positive performance in most categories. A difficult year was predicted luxury goods due to political tension between China and ...

Luxury Goods in Mexico

Luxury Goods in Mexico

  • $ 1210
  • February 2019

In 2018, luxury goods remained a growing industry despite uncertainty in the country during the first half of the year. However, while the industry faced challenges, it also benefited from a stable macroeconomic ...

Luxury Goods in Taiwan $ 1210 February 2019

Luxury Goods in Romania $ 1210 February 2019

Luxury Goods in Italy $ 1210 February 2019

Luxury Goods in Thailand $ 1210 February 2019


Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on