Global Luxury Apparels Market was valued US$ 1.56 Bn in 2017 and is expected to reach US$ 2.63 Bn by 2026, at a CAGR of 6.75% during a forecast period.
The luxury apparels market is segmented into material type, gender, mode of sale, and region.
In terms of material type, global luxury apparels market is classified into cotton, silk, leather, and denim. Based on gender, global luxury apparels market is divided into male and female. Further mode of sale, global luxury apparels market is split online, and offline sale.
Based on regions, the global luxury apparels market is divided into five main regions are America, Europe, Asia-pacific, Latin America and Middle East & Africa.
Based on the mode of sale, online platforms provide more options to choose and it is convenient for consumers. Increased preference of consumers for luxury products through online mode is encouraged many new market players to launch their own e-commerce sites. Thus, the online sales platform is expected to exhibit the high growth rate in the luxury apparels market. As offline retail stores have limited growth potential over online retail stores, it is likely to influence sales of luxury apparels in online retail stores during the forecast period.
In terms of material type, denim is the most worn fabric apparel among global consumers and offers a wide range of products than other materials. Apparels, such as denim jackets, jeans, dresses, shirts, shorts, skirts, and tops, are some of the popular and preferred denim apparels used as regular wear. Moreover, unique weaving pattern of raw denim showcases it as a luxury apparel.
Cotton is believed as one of the luxury apparels extensively employed as natural clothing in the textile market all over the world. Pure cotton is believed to be the real luxury due to the kind of weave, namely twill and plain weave utilized. More than 50% of the users all over the world demand for cotton dresses, shirts, and tops, due to its need low maintenance, durability, and cooling capability. Hence, the cotton fabric material made the most income for the global luxury apparels market.
Based on gender, it is bifurcated into male and female. Fashion designers are always experimenting with women fashion in terms of material, design, and pallet. Thus, the female segment is dominated not only the global fashion market but also the luxury apparel market. Women in entertainment, modeling, and sports prefer premium fabric clothing made of satin, lace, fur, and polyester that provides them comfort dominating the global luxury apparels market.
The leather is the second high growing material in luxury apparels market during the forecast period and is expected to exhibit a growth of the market during the forecast period.
Growth in the online mode of sale, rapid urbanization, and change in lifestyle owing to the increased disposable income of the consumers drive the luxury apparels market growth. Moreover, growing attraction of luxury lifestyle and the influence of celebrity endorsement is boosting the market growth.
The high cost of raw materials hampers the luxury apparels market growth.
On the basis of region, North America is likely to hold significant market share in luxury apparels industry followed by Europe region over the forecast period due to increased demand of luxury goods including luxury apparels in the region. The growing attraction of luxury lifestyle, high purchasing power, and the influence of celebrity endorsement is driving the market growth in North America. Asia-Pacific region is estimated to witness a significant growth rate during the forecast period owing to improving distribution network across the region. However, value-added taxes imposed on luxury apparels market by governments and high dominance of key players is restraining the market growth in developing economies.
Some of the key players in the global luxury apparels market are Kering, Versace, Prada, Dolce and Gabbana, Burberry, LVMH, Giorgio Armani, Ralph Lauren, Hugo Boss, Kiton, Ermenegildo Zegna, and Chanel.
Scope of Global Luxury Apparels Market:
Global Luxury Apparels Market, by Material Type:
• Cotton
• Silk
• Leather
• Denim
Global Luxury Apparels Market, by Gender:
• Male
• Female
Global Luxury Apparels Market, by Mode of sale:
• Offline
• Online
Global Luxury Apparels Market, by Region
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• Latin America
Key players operating in Global Luxury Apparels Market:
• Kering
• Versace
• Prada
• Dolce and Gabbana
• Burberry
• LVMH
• Giorgio Armani
• Ralph Lauren
• Hugo Boss
• Kiton
• Ermenegildo Zegna
• Chanel
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
3. Executive Summary
3.1. Global Luxury Apparels Market Size, by Market Value (US$ Bn) and Market, by Region
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis
5. Global Luxury Apparels Market Analysis and Forecast
5.1. Global Luxury Apparels Market Analysis and Forecast
5.2. Global Luxury Apparels Market Size& Y-o-Y Growth Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. Latin America
6. Global Luxury Apparels Market Analysis and Forecast, by Material Type
6.1. Introduction and Definition
6.2. Key Findings
6.3. Global Luxury Apparels Market Value Share Analysis, by Material Type
6.4. Global Luxury Apparels Market Size (US$ Bn) Forecast, by Material Type
6.5. Global Luxury Apparels Market Analysis, by Material Type
6.6. Global Luxury Apparels Market Attractiveness Analysis, by Material Type
7. Global Luxury Apparels Market Analysis and Forecast, by Gender
7.1. Introduction and Definition
7.2. Global Luxury Apparels Market Value Share Analysis, by Gender
7.3. Global Luxury Apparels Market Size (US$ Bn) Forecast, by Gender
7.4. Global Luxury Apparels Market Analysis, by Gender
7.5. Global Luxury Apparels Market Attractiveness Analysis, by Gender
8. Global Luxury Apparels Market Analysis and Forecast, by Mode of Sale
8.1. Introduction and Definition
8.2. Global Luxury Apparels Market Value Share Analysis, by Mode of Sale
8.3. Global Luxury Apparels Market Size (US$ Bn) Forecast, by Mode of Sale
8.4. Global Luxury Apparels Market Analysis, by Mode of Sale
8.5. Global Luxury Apparels Market Attractiveness Analysis, by Mode of Sale
9. Global Luxury Apparels Market Analysis, by Region
9.1. Global Luxury Apparels Market Value Share Analysis, by Region
9.2. Global Luxury Apparels Market Size (US$ Bn) Forecast, by Region
9.3. Global Luxury Apparels Market Attractiveness Analysis, by Region
10. North America Luxury Apparels Market Analysis
10.1. Key Findings
10.2. North America Luxury Apparels Market Overview
10.3. North America Luxury Apparels Market Value Share Analysis, by Material Type
10.4. North America Luxury Apparels Market Forecast, by Material Type
10.4.1. Cotton
10.4.2. Silk
10.4.3. Leather
10.4.4. Denim
10.5. North America Luxury Apparels Market Value Share Analysis, by Gender
10.6. North America Luxury Apparels Market Forecast, by Gender
10.6.1. Male
10.6.2. Female
10.7. North America Luxury Apparels Market Value Share Analysis, by Mode of Sale
10.8. North America Luxury Apparels Market Forecast, by Mode of Sale
10.8.1. Offline
10.8.2. Online
10.9. North America Luxury Apparels Market Value Share Analysis, by Country
10.10. North America Luxury Apparels Market Forecast, by Country
10.10.1. U.S.
10.10.2. Canada
10.11. North America Luxury Apparels Market Analysis, by Country
10.12. U.S. Luxury Apparels Market Forecast, by Material Type
10.12.1. Cotton
10.12.2. Silk
10.12.3. Leather
10.12.4. Denim
10.13. U.S. Luxury Apparels Market Forecast, by Gender
10.13.1. Male
10.13.2. Female
10.14. U.S. Luxury Apparels Market Forecast, by Mode of Sale
10.14.1. Offline
10.14.2. Online
10.15. Canada Luxury Apparels Market Forecast, by Material Type
10.15.1. Cotton
10.15.2. Silk
10.15.3. Leather
10.15.4. Denim
10.16. Canada Luxury Apparels Market Forecast, by Gender
10.16.1. Male
10.16.2. Female
10.17. Canada Luxury Apparels Market Forecast, by Mode of Sale
10.17.1. Offline
10.17.2. Online
10.18. North America Luxury Apparels Market Attractiveness Analysis
10.18.1. By Material Type
10.18.2. By Gender
10.18.3. By Mode of Sale
10.19. PEST Analysis
11. Europe Luxury Apparels Market Analysis
11.1. Key Findings
11.2. Europe Luxury Apparels Market Overview
11.3. Europe Luxury Apparels Market Value Share Analysis, by Material Type
11.4. Europe Luxury Apparels Market Forecast, by Material Type
11.4.1. Cotton
11.4.2. Silk
11.4.3. Leather
11.4.4. Denim
11.5. Europe Luxury Apparels Market Value Share Analysis, by Gender
11.6. Europe Luxury Apparels Market Forecast, by Gender
11.6.1. Male
11.6.2. Female
11.7. Europe Luxury Apparels Market Value Share Analysis, by Mode of Sale
11.8. Europe Luxury Apparels Market Forecast, by Mode of Sale
11.8.1. Offline
11.8.2. Online
11.9. Europe Luxury Apparels Market Value Share Analysis, by Country
11.10. Europe Luxury Apparels Market Forecast, by Country
11.10.1. Germany
11.10.2. U.K.
11.10.3. France
11.10.4. Italy
11.10.5. Spain
11.10.6. Rest of Europe
11.11. Europe Luxury Apparels Market Analysis, by Country/ Sub-region
11.12. Germany Luxury Apparels Market Forecast, by Material Type
11.12.1. Cotton
11.12.2. Silk
11.12.3. Leather
11.12.4. Denim
11.13. Germany Luxury Apparels Market Forecast, by Gender
11.13.1. Male
11.13.2. Female
11.14. Germany Luxury Apparels Market Forecast, by Mode of Sale
11.14.1. Offline
11.14.2. Online
11.15. U.K. Luxury Apparels Market Forecast, by Material Type
11.15.1. Cotton
11.15.2. Silk
11.15.3. Leather
11.15.4. Denim
11.16. U.K. Luxury Apparels Market Forecast, by Gender
11.16.1. Male
11.16.2. Female
11.17. U.K. Luxury Apparels Market Forecast, by Mode of Sale
11.17.1. Offline
11.17.2. Online
11.18. France Luxury Apparels Market Forecast, by Material Type
11.18.1. Cotton
11.18.2. Silk
11.18.3. Leather
11.18.4. Denim
11.19. France Luxury Apparels Market Forecast, by Gender
11.19.1. Male
11.19.2. Female
11.20. France Luxury Apparels Market Forecast, by Mode of Sale
11.20.1. Offline
11.20.2. Online
11.21. Italy Luxury Apparels Market Forecast, by Material Type
11.21.1. Cotton
11.21.2. Silk
11.21.3. Leather
11.21.4. Denim
11.22. Italy Luxury Apparels Market Forecast, by Gender
11.22.1. Male
11.22.2. Female
11.23. Italy Luxury Apparels Market Forecast, by Mode of Sale
11.23.1. Offline
11.23.2. Online
11.24. Spain Luxury Apparels Market Forecast, by Material Type
11.24.1. Cotton
11.24.2. Silk
11.24.3. Leather
11.24.4. Denim
11.25. Spain Luxury Apparels Market Forecast, by Gender
11.25.1. Male
11.25.2. Female
11.26. Spain Luxury Apparels Market Forecast, by Mode of Sale
11.26.1. Offline
11.26.2. Online
11.27. Rest of Europe Luxury Apparels Market Forecast, by Material Type
11.27.1. Cotton
11.27.2. Silk
11.27.3. Leather
11.27.4. Denim
11.28. Rest of Europe Luxury Apparels Market Forecast, by Gender
11.28.1. Male
11.28.2. Female
11.29. Rest of Europe Luxury Apparels Market Forecast, by Mode of Sale
11.29.1. Offline
11.29.2. Online
11.30. Europe Luxury Apparels Market Attractiveness Analysis
11.30.1. By Material Type
11.30.2. By Gender
11.30.3. By Mode of Sale
11.31. PEST Analysis
12. Asia Pacific Luxury Apparels Market Analysis
12.1. Key Findings
12.2. Asia Pacific Luxury Apparels Market Overview
12.3. Asia Pacific Luxury Apparels Market Value Share Analysis, by Material Type
12.4. Asia Pacific Luxury Apparels Market Forecast, by Material Type
12.4.1. Cotton
12.4.2. Silk
12.4.3. Leather
12.4.4. Denim
12.5. Asia Pacific Luxury Apparels Market Value Share Analysis, by Gender
12.6. Asia Pacific Luxury Apparels Market Forecast, by Gender
12.6.1. Male
12.6.2. Female
12.7. Asia Pacific Luxury Apparels Market Value Share Analysis, by Mode of Sale
12.8. Asia Pacific Luxury Apparels Market Forecast, by Mode of Sale
12.8.1. Offline
12.8.2. Online
12.9. Asia Pacific Luxury Apparels Market Value Share Analysis, by Country
12.10. Asia Pacific Luxury Apparels Market Forecast, by Country
12.10.1. China
12.10.2. India
12.10.3. Japan
12.10.4. ASEAN
12.10.5. Rest of Asia Pacific
12.11. Asia Pacific Luxury Apparels Market Analysis, by Country/ Sub-region
12.12. China Luxury Apparels Market Forecast, by Material Type
12.12.1. Cotton
12.12.2. Silk
12.12.3. Leather
12.12.4. Denim
12.13. China Luxury Apparels Market Forecast, by Gender
12.13.1. Male
12.13.2. Female
12.14. China Luxury Apparels Market Forecast, by Mode of Sale
12.14.1. Offline
12.14.2. Online
12.15. India Luxury Apparels Market Forecast, by Material Type
12.15.1. Cotton
12.15.2. Silk
12.15.3. Leather
12.15.4. Denim
12.16. India Luxury Apparels Market Forecast, by Gender
12.16.1. Male
12.16.2. Female
12.17. India Luxury Apparels Market Forecast, by Mode of Sale
12.17.1. Offline
12.17.2. Online
12.18. Japan Luxury Apparels Market Forecast, by Material Type
12.18.1. Cotton
12.18.2. Silk
12.18.3. Leather
12.18.4. Denim
12.19. Japan Luxury Apparels Market Forecast, by Gender
12.19.1. Male
12.19.2. Female
12.20. Japan Luxury Apparels Market Forecast, by Mode of Sale
12.20.1. Offline
12.20.2. Online
12.21. ASEAN Luxury Apparels Market Forecast, by Material Type
12.21.1. Cotton
12.21.2. Silk
12.21.3. Leather
12.21.4. Denim
12.22. ASEAN Luxury Apparels Market Forecast, by Gender
12.22.1. Male
12.22.2. Female
12.23. ASEAN Luxury Apparels Market Forecast, by Mode of Sale
12.23.1. Offline
12.23.2. Online
12.24. Rest of Asia Pacific Luxury Apparels Market Forecast, by Material Type
12.24.1. Cotton
12.24.2. Silk
12.24.3. Leather
12.24.4. Denim
12.25. Rest of Asia Pacific Luxury Apparels Market Forecast, by Gender
12.25.1. Male
12.25.2. Female
12.26. Rest of Asia Pacific Luxury Apparels Market Forecast, by Mode of Sale
12.26.1. Offline
12.26.2. Online
12.27. Asia Pacific Luxury Apparels Market Attractiveness Analysis
12.27.1. By Material Type
12.27.2. By Gender
12.27.3. By Mode of Sale
12.28. PEST Analysis
13. Middle East & Africa Luxury Apparels Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Luxury Apparels Market Overview
13.3. Middle East & Africa Luxury Apparels Market Value Share Analysis, by Material Type
13.4. Middle East & Africa Luxury Apparels Market Forecast, by Material Type
13.4.1. Cotton
13.4.2. Silk
13.4.3. Leather
13.4.4. Denim
13.5. Middle East & Africa Luxury Apparels Market Value Share Analysis, by Gender
13.6. Middle East & Africa Luxury Apparels Market Forecast, by Gender
13.6.1. Male
13.6.2. Female
13.7. Middle East & Africa Luxury Apparels Market Value Share Analysis, by Mode of Sale
13.8. Middle East & Africa Luxury Apparels Market Forecast, by Mode of Sale
13.8.1. Offline
13.8.2. Online
13.9. Middle East & Africa Luxury Apparels Market Value Share Analysis, by Country
13.10. Middle East & Africa Luxury Apparels Market Forecast, by Country
13.10.1. GCC
13.10.2. South Africa
13.10.3. Rest of Middle East & Africa
13.11. Middle East & Africa Luxury Apparels Market Analysis, by Country/ Sub-region
13.12. GCC Luxury Apparels Market Forecast, by Material Type
13.12.1. Cotton
13.12.2. Silk
13.12.3. Leather
13.12.4. Denim
13.13. GCC Luxury Apparels Market Forecast, by Gender
13.13.1. Male
13.13.2. Female
13.14. GCC Luxury Apparels Market Forecast, by Mode of Sale
13.14.1. Offline
13.14.2. Online
13.15. South Africa Luxury Apparels Market Forecast, by Material Type
13.15.1. Cotton
13.15.2. Silk
13.15.3. Leather
13.15.4. Denim
13.16. South Africa Luxury Apparels Market Forecast, by Gender
13.16.1. Male
13.16.2. Female
13.17. South Africa Luxury Apparels Market Forecast, by Mode of Sale
13.17.1. Offline
13.17.2. Online
13.18. Rest of Middle East & Africa Luxury Apparels Market Forecast, by Material Type
13.18.1. Cotton
13.18.2. Silk
13.18.3. Leather
13.18.4. Denim
13.19. Rest of Middle East & Africa Luxury Apparels Market Forecast, by Gender
13.19.1. Male
13.19.2. Female
13.20. Rest of Middle East & Africa Luxury Apparels Market Forecast, by Mode of Sale
13.20.1. Offline
13.20.2. Online
13.21. Middle East & Africa Luxury Apparels Market Attractiveness Analysis
13.21.1. By Material Type
13.21.2. By Gender
13.21.3. By Mode of Sale
13.22. PEST Analysis
14. Latin America Luxury Apparels Market Analysis
14.1. Key Findings
14.2. Latin America Luxury Apparels Market Overview
14.3. Latin America Luxury Apparels Market Value Share Analysis, by Material Type
14.4. Latin America Luxury Apparels Market Forecast, by Material Type
14.4.1. Cotton
14.4.2. Silk
14.4.3. Leather
14.4.4. Denim
14.5. Latin America Luxury Apparels Market Value Share Analysis, by Gender
14.6. Latin America Luxury Apparels Market Forecast, by Gender
14.6.1. Male
14.6.2. Female
14.7. Latin America Luxury Apparels Market Value Share Analysis, by Mode of Sale
14.8. Latin America Luxury Apparels Market Forecast, by Mode of Sale
14.8.1. Offline
14.8.2. Online
14.9. Latin America Luxury Apparels Market Value Share Analysis, by Country
14.10. Latin America Luxury Apparels Market Forecast, by Country
14.10.1. Brazil
14.10.2. Mexico
14.10.3. Rest of Latin America
14.11. Latin America Luxury Apparels Market Analysis, by Country/ Sub-region
14.12. Brazil Luxury Apparels Market Forecast, by Material Type
14.12.1. Cotton
14.12.2. Silk
14.12.3. Leather
14.12.4. Denim
14.13. Brazil Luxury Apparels Market Forecast, by Gender
14.13.1. Male
14.13.2. Female
14.14. Brazil Luxury Apparels Market Forecast, by Mode of Sale
14.14.1. Offline
14.14.2. Online
14.15. Mexico Luxury Apparels Market Forecast, by Material Type
14.15.1. Cotton
14.15.2. Silk
14.15.3. Leather
14.15.4. Denim
14.16. Mexico Luxury Apparels Market Forecast, by Gender
14.16.1. Male
14.16.2. Female
14.17. Mexico Luxury Apparels Market Forecast, by Mode of Sale
14.17.1. Offline
14.17.2. Online
14.18. Rest of Latin America Luxury Apparels Market Forecast, by Material Type
14.18.1. Cotton
14.18.2. Silk
14.18.3. Leather
14.18.4. Denim
14.19. Rest of Latin America Luxury Apparels Market Forecast, by Gender
14.19.1. Male
14.19.2. Female
14.20. Rest of Latin America Luxury Apparels Market Forecast, by Mode of Sale
14.20.1. Offline
14.20.2. Online
14.21. Latin America Luxury Apparels Market Attractiveness Analysis
14.21.1. By Material Type
14.21.2. By Gender
14.21.3. By Mode of Sale
14.22. PEST Analysis
15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.3. Company Profiles: Key Players
15.3.1. Chanel
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Business Strategy
15.3.1.4. Recent Developments
15.3.1.5. Manufacturing Footprint
15.3.2. Kering
15.3.3. Versace
15.3.4. Prada
15.3.5. Dolce and Gabbana
15.3.6. Burberry
15.3.7. LVMH
15.3.8. Giorgio Armani
15.3.9. Ralph Lauren
15.3.10. Hugo Boss
15.3.11. Kiton
15.3.12. Ermenegildo Zegna
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