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Luxury Goods Market to Cross USD 598 Billion by 2031 Driven by Influence of Social Media & Celebrity Endorsement, Reports Mordor Intelligence

The market is projected to grow at a 4.32% CAGR from 2026-2031, driven by rising affluent consumers, omnichannel retail expansion, and increasing demand for heritage luxury brands. The market is projected to grow at a 4.32% CAGR from 2026-2031, driven by risi…

By Mordor Intelligence Private Limited· GlobeNewswire· 5 months ago· 2 min read
Luxury Goods Market to Cross USD 598 Billion by 2031 Driven by Influence of Social Media & Celebrity Endorsement, Reports Mordor Intelligence