Global personal luxury goods market hits €288 bn in 2021: Bain & Co.

After its worst dip in history, the personal luxury goods market has experienced a V-shaped rebound, reaching €288 billion in value, according to Bain & Company, a Boston-based global consultancy firm, which said the mid-term direction of the luxury market remains unchanged. The company estimates market growth to reach €360-380 billion by 2025.