WORLD

[Graphic News] Global market size for luxury goods and jewelry

By Nam Kyung-don
  • Published : Nov 19, 2019 - 18:19
  • Updated : Nov 19, 2019 - 18:19





According to Euromonitor International, global luxury goods sales reached $954 billion in 2017 and the global market grew 5 percent in 2018 across most segments.

Luxury cars sales accounted for almost 53 percent of all global luxury goods sales. This proportion grew over the reviewed period, and is expected to continue increasing to 2022.