North America Luxury Goods Market Size & Outlook, 2025-2033
North America Luxury Goods Market Insights
- As highlighted in Deep Market Insights analysis, the North America Luxury Goods Market, valued at USD 138.97 Billion in 2024, is estimated to achieve USD 264.36 Billion by 2033.
- The market is estimated to grow at a CAGR of 7.44% spanning 2025 to 2033.
- By market size, Leather Goods led the Category category in 2024.
- The Category segment led by Beauty is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, North America accounted for 33.1% of the global Luxury Goods Market size.
- By 2033, United States is projected to lead the global market in terms of market size.
- Canada is projected to emerge as the fastest-growing market in North America, reaching USD 61.24 Billion by 2033.
Report Summary
| 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 138.97 Billion |
| Market Size In 2033 | USD 264.36 Billion |
| Largest segment | Leather Goods |
| Units | Revenue in USD Billion |
| CAGR | 7.44% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmnetation Covered
| Segments | Sub Segments |
|---|---|
| North America |
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| Category |
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| Channels |
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North America Luxury Goods Market Country 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
North America Luxury Goods Market Category 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
North America Luxury Goods Market Channels 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.