United States Luxury Goods Market Size & Outlook, 2025-2033
United States Luxury Goods Market Insights
- Deep Market Insights analysis indicates that the United States Luxury Goods Market size, valued at USD 106.97 Billion in 2024, is expected to expand to USD 203.71 Billion by 2033.
- The United States market is forecasted to expand at a CAGR of 7.41% 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.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- United States accounted for 25.48% of the global Luxury Goods Market size in 2024.
- By 2033, United States is expected to remain the top global market in terms of size.
- Within North America, United States is forecasted to dominate the regional Luxury Goods Market size by 2033.
- Canada will be the fastest-growing market in North America, projected to achieve 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 106.97 Billion |
| Market Size In 2033 | USD 203.71 Billion |
| Largest segment | Leather Goods |
| Units | Revenue in USD Billion |
| CAGR | 7.41% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmnetation Covered
| Segments | Sub Segments |
|---|---|
| Category |
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| Channels |
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United States Luxury Goods Market Category 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.
United States Luxury Goods Market Channels 2025-2033
Source: DMI Analysis Company Publications, Primary Interviews.