Canada Luxury Goods Market Size & Outlook, 2025-2033

Canada Luxury Goods Market Insights

Deep Market Insights analysis indicates that the Canada Luxury Goods Market size, valued at USD 32.01 Billion in 2024, is expected to expand to USD 61.11 Billion by 2033.
The Canada market is forecasted to expand at a CAGR of 7.47% spanning 2025–2033.
Leather Goods held the leading position among Category segments in 2024, based on market size.
Fashion is projected to post the fastest growth rate, sustaining its position as the most attractive Category segment during the forecast horizon.

In 2024, Canada accounted for 7.62% of the global Luxury Goods Market size.
By 2033, United States is expected to lead the global Luxury Goods Market in terms of market size.
Within North America, United States is projected to dominate the regional Luxury Goods Market size by 2033.
Canada is identified as the fastest-growing market in North America, anticipated to reach USD 61.24 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 32.01 Billion
Market Size In 2033	USD 61.11 Billion
Largest segment	Leather Goods
Units	Revenue in USD Billion
CAGR	7.47% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends