The global luxury fashion market size reached US$ 237.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 294.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.60% during 2023-2028.

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Author: Elena Anderson,
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Luxury Fashion Market 2023 By Product Type, Distribution Channel, and end User.

2. Report Description
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3. Report Description
Report Description and Highlights
Global Keyword Market Outlook 2023-2028:
The latest report by IMARC Group, titled “Luxury Fashion Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028”, provides a deep insight into the global augmented
reality gaming market.
Luxury fashion refers to a brand characterized by non-essential, premium, elevated quality, exclusivity,
and high-price tag products. It comprises premium watches, jewelry, fashion accessories, clothing,
designer handbags, perfumes, high-end cosmetics, etc. These items are manufactured using high-grade
materials and offer superior craftsmanship, high-value aesthetics, and an extended warranty period.
Luxury fashion includes artistic and unique products that are highly desirable in a culture or society and
serve as a status symbol. They also exhibit uniqueness and provide an unforgettable and personalized
experience in terms of luxurious packaging, high-touch service, and an affluent in-store environment.

4. Report Description
Report Description and Highlights
Global Keywords Market Trends:
The evolving fashion industry and the emerging aesthetic trends are primarily augmenting the luxury
fashion market. Furthermore, the shifting consumer preferences towards high-quality and stylish items
with advanced technical fabrications and craftsmanship are positively influencing the global market.
Apart from this, the growing popularity of high-end fashion brands as a status symbol and the
increasing expenditure capacities of the masses are acting as significant growth-inducing factors.
Moreover, the rising influence of social media and the inflating promotions and celebrity
endorsements are also bolstering the market growth. Besides this, the widespread adoption of
sustainable production methods, such as using ethically sourced, eco-friendly, or recycled materials, by
key players, on account of the increasing environmental concerns, is further catalyzing the global
market. Additionally, the rising incorporation of augmented reality (AR) in the fashion industry to
provide customers with a virtual in-shop buying experience from the comfort of their homes, making it
easier and more convenient, is also driving the market growth. In addition to this, the increasing brand
loyalty among consumer, the inflating online sales, and the elevating demand for premiumization and
customization for superior quality and design of products are expected to drive the luxury fashion
market in the coming years.
Request for a free sample report: https://www.imarcgroup.com/luxury-fashion-
market/requestsample

5. Market Summary:
Breakup by Product Type:
• Clothing & Apparel
• Jackets & Coats
• Skirts
• Shirts & T-Shirts
• Dresses
• Trousers & Shorts
• Denim
• Underwear & Lingerie
• Others
• Footwear
• Accessories
• Gems & Jewellery
• Belts
• Bags
• Watches
Breakup by Distribution Channel:
Store-Based
Report Description
Report Description and Highlights

6. Breakup by Distribution Channel:
• Store-Based
• Non-Store Based
Breakup by Component:
• Software
• Hardware
Breakup by Device:
• Mobiles
• HMDs
• Smart Glasses
Report Description
Report Description and Highlights

7. Breakup by Region:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
On account of the aforementioned factors, the market is anticipated to witness strong growth during
2023-2028.
Report Description
Report Description and Highlights

8. Competitive Landscape With Keyplayer:
• Augmented Pixels
• Aurasma
• Blippar
• Catchoom
• Infinity Augmented Reality
• Metaio
• Qualcomm
• Total Immersion
• VividWorks
• Wikitude
• Zappar
View Report TOC, Figures and Tables: https://www.imarcgroup.com/augmented-reality-gaming-
market
Report Description
Report Description and Highlights

9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

11. Report Description
Report Description and Highlights
© 2019 IMARC All Rights Reserved
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