Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - India

India

In 2024, the Luxury Apparel market in India is projected to generate a revenue of US$1.10bn.
This market is anticipated to experience an annual growth rate of 1.34% (CAGR 2024-2028).
When compared globally, in the United States leads in terms of revenue, with a projected amount of US$20,430m in 2024.
Considering India's total population, the per person revenue in the Luxury Apparel market is estimated to be US$0.77 in 2024.
The luxury apparel market in India is thriving, with a growing number of affluent consumers seeking high-end fashion and designer brands.

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.