The global luxury goods market size reached a value of approximately USD 346.19 billion in 2024, and it is expected to grow at a steady pace in the forecast period from 2025 to 2034, with a projected compound annual growth rate (CAGR) of 4.4%. By 2034, the market is expected to reach around USD 510.06 billion. The demand for high-end luxury products, ranging from fashion and accessories to...