Tag: Asia Pacific Luxury Goods Market Growth

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Asia Pacific Luxury Goods Market: Trends, Analysis, and Future Outlook

Asia Pacific Luxury Goods Market: Trends, Analysis, and Future Outlook

The Asia Pacific luxury goods market size reached USD 106.5 billion in 2023. The market is expected to grow at a CAGR of 3.32% between 2024 and 2032, reaching USD 142.9 billion by 2032. This remarkable growth highlights the increasing demand for luxury goods in the region, driven by rising disposable incomes, urbanization, and a…