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2025-02-10 09:17:28 -

Luxury Goods Market Outlook 2025-2034: Growth, Trends, and Opportunities

The global luxury goods market size reached an estimated value of USD 346.19 billion in 2024, driven by rising disposable incomes, shifting consumer preferences, and expanding markets in emerging economies. As consumers increasingly seek premium, high-quality products and experiences, the market is projected to grow at a compound annual growth rate (CAGR) of 4.4% between 2025 and 2034. By the...

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