United Kingdom Luxury Goods Market Size & Outlook, 2025-2033


United Kingdom Luxury Goods Market Insights

  • As highlighted in Deep Market Insights analysis, the United Kingdom Luxury Goods Market, worth USD 22.83 Billion in 2024, is forecasted to achieve USD 44.51 Billion by 2033.
  • The United Kingdom market is anticipated to grow at a CAGR of 7.65% during the period 2025–2033.
  • By 2024, Leather Goods represented the largest share of the Category market size.
  • Jewellery is expected to remain the key growth driver within Category, registering the fastest CAGR during the forecast period.

Other Key Findings


  • In 2024, United Kingdom represented 5.48% of the overall global Luxury Goods Market size.
  • United States is projected to lead the global Luxury Goods Market size by 2033.
  • Across Europe, Germany is anticipated to hold the dominant position in market size by 2033.
  • Nordic is forecasted to expand at the fastest pace in Europe, attaining USD 11.88 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 22.83 Billion
Market Size In 2033 USD 44.51 Billion
Largest segment Leather Goods
Units Revenue in USD Billion
CAGR 7.65% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Category
  1. Leather Goods
  2. Fashion
  3. Watches
  4. Jewellery
  5. Beauty
  6. Accessories
Channels
  1. Retail
  2. Travel Retail
  3. Online