Global Luxury Goods Market to Exhibit 3.4% CAGR During 2014-2020 Owing to Growing Awareness About Luxury Products Across Emerging Economies
According to a recent market research report published by Transparency Market Research, the global luxury goods market is estimated to expand at a CAGR of 3.4% between 2014 and 2020. The report, titled "Global Luxury Goods Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020," projects the global luxury goods market to reach US$374.85 bn by the end of 2020. The market stood at a US$296.1 bn in 2013.
View full press release