In 2020, the United States was the top ranked personal luxury goods market with an estimated market value of about ** billion euros.
Luxury Goods
The global luxury goods industry, which includes drinks, fashion, cosmetics, fragrances, watches, jewelry, luggage and handbags, has been on an upward climb for many years. Although the technical term 'luxury good' is independent of the goods' quality, they are generally considered to be goods at the highest end of the market in terms of quality and price. Luxury goods manufacturers meet consumer demand by focusing on brand, aesthetics, quality materials, superior craftsmanship and pricing to transform everyday objects into status symbols. The industry rises and falls with the gross domestic product (GDP), seeing demand climb in times of economic stability and plummeting in unfavorable economic climates.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
Kering. (February 17, 2021). Value of the leading personal luxury goods markets worldwide in 2020, by country (in billion euros) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/245645/leading-personal-luxury-goods-markets-by-country/
Kering. "Value of the leading personal luxury goods markets worldwide in 2020, by country (in billion euros)." Chart. February 17, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/245645/leading-personal-luxury-goods-markets-by-country/
Kering. (2021). Value of the leading personal luxury goods markets worldwide in 2020, by country (in billion euros). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/245645/leading-personal-luxury-goods-markets-by-country/
Kering. "Value of The Leading Personal Luxury Goods Markets Worldwide in 2020, by Country (in Billion Euros)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 17 Feb 2021, /statistics/245645/leading-personal-luxury-goods-markets-by-country/
Kering, Value of the leading personal luxury goods markets worldwide in 2020, by country (in billion euros) ÌÇÐÄÆƽâ°æ, /statistics/245645/leading-personal-luxury-goods-markets-by-country/ (last visited July 29, 2026)
Value of the leading personal luxury goods markets worldwide in 2020, by country (in billion euros) [Graph], Kering, February 17, 2021. [Online]. Available: /statistics/245645/leading-personal-luxury-goods-markets-by-country/
