Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - Spain

Spain

In Spain, the revenue in the Luxury Apparel market is projected to reach €2.48bn in 2024.
Looking ahead, the market is anticipated to grow at an annual rate of 4.35% (CAGR 2024-2028).
When compared globally, in the United States leads in terms of revenue generation, with a projected amount of €18,670m in 2024.
In relation to the total population, per person revenues of €52.15 are expected to be generated in 2024.
Spain's luxury apparel market is thriving, with high-end fashion brands like Loewe and Balenciaga gaining popularity among Spanish consumers.

Key regions: India, Singapore, United States, France, United Kingdom

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Methodology

The Luxury Apparel market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Apparel industry.