In 2023, the revenue of luxury apparel in Thailand reached around 1.4 billion U.S. dollars. The revenue is forecast to experience significant growth in both apparel and footwear segments in 2028.
Revenue of luxury apparel and footwear market in Thailand from 2018 to 2028, by segment
(in million U.S. dollars)
Data provided by Statista Market Insights are estimates.
The Luxury Fashion segment includes Luxury Apparel and Footwear. The overall definition of this segment follows the Consumer Market Outlook’s Apparel and Footwear markets, while here only sales of luxury brands are considered, and mass-market products are excluded.
Fashion constitutes the bulk of sales in the global personal luxury goods industry and has a healthy growth outlook over the next five years.
The shown market data are based on an analysis of more than 100 of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Accordingly, fashion goods from smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.
The most notable companies are LVMH (with brands such as Louis Vuitton, Fendi or Loro Piana), Kering (Gucci, Balenciaga, Saint Laurent and other brands), Ralph Lauren and PVH (Calvin Klein, Tommy Hilfiger).
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Statista. (June 19, 2024). Revenue of luxury apparel and footwear market in Thailand from 2018 to 2028, by segment (in million U.S. dollars) [Graph]. In Statista. Retrieved September 19, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1474433/thailand-revenue-of-luxury-fashion-market
Statista. "Revenue of luxury apparel and footwear market in Thailand from 2018 to 2028, by segment (in million U.S. dollars)." Chart. June 19, 2024. Statista. Accessed September 19, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1474433/thailand-revenue-of-luxury-fashion-market
Statista. (2024). Revenue of luxury apparel and footwear market in Thailand from 2018 to 2028, by segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 19, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1474433/thailand-revenue-of-luxury-fashion-market
Statista. "Revenue of Luxury Apparel and Footwear Market in Thailand from 2018 to 2028, by Segment (in Million U.S. Dollars)." Statista, Statista Inc., 19 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1474433/thailand-revenue-of-luxury-fashion-market
Statista, Revenue of luxury apparel and footwear market in Thailand from 2018 to 2028, by segment (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1474433/thailand-revenue-of-luxury-fashion-market (last visited September 19, 2024)
Revenue of luxury apparel and footwear market in Thailand from 2018 to 2028, by segment (in million U.S. dollars) [Graph], Statista, June 19, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1474433/thailand-revenue-of-luxury-fashion-market