Here’s How Much Consumers Spent on Luxury Goods Last Year

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Here’s How Much Consumers Spent on Luxury Goods Last Year

Experiences Are Doing The Heavy Lifting

A Cautiously Positive Outlook Ahead

Watches And Jewellery Still Lead Product Categories

Resale And Markdowns Are Becoming Mainstream

Younger Shoppers Are Trading Down

China’s Slowdown Reshapes Regional Spending

Profit Margins Have Slipped Back Years

Personal Luxury Goods Hold Roughly Steady

Big Spenders Now Carry Even More Weight

Millions Of Shoppers Have Simply Left The Market

A Headline Figure That Looks Stable

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Global luxury spending held remarkably steady last year despite economic uncertainty, according to the latest Bain and Altagamma Luxury Goods Worldwide Market Study. In reality, however, there are significant shifts in the luxury sector, as consumers in 2025 spent approximately €1.44 Trillion throughout the luxury industry. What the numbers really say is going from a dwindling number of shoppers to a preference for experiences over things.
 

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