According to the source, the market value of luxury goods reached a staggering 1,171 billion euros in 2018. Among the luxury goods & services segments that recorded a substantial increase in value, the luxury cars sector recorded an increase of 90 billion euros in value between 2015 and 2018, reaching almost 500 billion euros in 2018.
Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros)
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Bain & Company. (December 22, 2018). Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros) [Graph]. In Statista. Retrieved May 10, 2024, from https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/
Bain & Company. "Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros)." Chart. December 22, 2018. Statista. Accessed May 10, 2024. https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/
Bain & Company. (2018). Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros). Statista. Statista Inc.. Accessed: May 10, 2024. https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/
Bain & Company. "Worldwide Market Value of Segments of Luxury Goods and Services between 2015 and 2018 (in Billion Euros)." Statista, Statista Inc., 22 Dec 2018, https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/
Bain & Company, Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros) Statista, https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/ (last visited May 10, 2024)
Worldwide market value of segments of luxury goods and services between 2015 and 2018 (in billion euros) [Graph], Bain & Company, December 22, 2018. [Online]. Available: https://www.statista.com/statistics/1207810/luxury-industry-market-value-by-sector/