Asia Pacific Luxury Apparel Market Size & Outlook, 2023-2030
The luxury apparel market in Asia Pacific is expected to reach a projected revenue of US$ 45,295.7 million by 2030. A compound annual growth rate of 5% is expected of Asia Pacific luxury apparel market from 2024 to 2030.
Revenue, 2023 (US$M)
$32,137.1
Forecast, 2030 (US$M)
$45,295.7
CAGR, 2024 - 2030
5%
Report Coverage
Asia Pacific
Asia Pacific luxury apparel market highlights
- An overview of the Asia Pacific luxury apparel market trends heading towards 2030. The Asia Pacific market generated a revenue of USD 32,137.1 million in 2023.
- The overall growth of the Asia Pacific market from 2023 to 2030. The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- A look at the Asia Pacific market revenues per segment in 2023. In terms of segment, men was the largest revenue generating end use in 2023.
- The segment witnessing the fastest revenue growth within the market. Men is the most lucrative end use segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 32,137.1 million |
| Market revenue in 2030 | USD 45,295.7 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Men |
| Fastest growing segment | Men |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Men |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.1% of the global luxury apparel market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 45,295.7 million by 2030.
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Luxury Apparel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Valentino | View profile | 1001-5000 | Italy, Texas, United States, North America | http://valentino.com |
| Burberry | View profile | 10001+ | London, England, United Kingdom, Europe | http://burberrycareers.com/ |
| The Coach | View profile | 11-50 | Los Angeles, California, United States, North America | https://the.coach |
| Gucci | View profile | 10001+ | Jersey City, New Jersey, United States, North America | http://www.gucci.com |
| Calvin Klein | View profile | 10001+ | New York, New York, United States, North America | https://www.calvinklein.us |
| Kate Spade | View profile | 5001-10000 | New York, New York, United States, North America | https://www.katespade.com/ |
| Dolce & Gabbana | View profile | 5001-10000 | Milan, Lombardia, Italy, Europe | https://www.dolcegabbana.com |
| Prada SpA | View profile | 14876 | Via Antonio Fogazzaro, 28, Milan, Italy, 20135 | https://www.pradagroup.com |
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