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Australia Luxury Goods Market: Growth, Trends, and Future Outlook (2024-2032) | #australia luxury goods market #premium products Australia #luxury fashion Australia #high-end brands Australia

Australia Luxury Goods Market: Growth, Trends, and Future Outlook (2024-2032)

Australia Luxury Goods Market: Growth, Trends, and Future Outlook (2024-2032)

The Australia luxury goods market, valued at AUD 10.69 billion in 2023, is expected to grow at a CAGR of 3.60% from 2024 to 2032, reaching AUD 14.70 billion by 2032. This growth is driven by rising disposable income, premium product demand, exclusive retail experiences, and the growing int