The data displays the value of the personal luxury goods market worldwide from 1995 to 2016 and provides a forecast for 2017. In 2016, the value of the personal luxury goods market worldwide was 250 billion euro.
Luxury Goods IndustryThe 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.
