Charting the Rise and Fall of the Global Luxury Goods Market #infographic

For decades , global demand for personal luxury goods has steadily increased , resulting in an industry worth $308bn in 2019.However, COVID-19's coming suddenly interrupted the insatiable desire for consumers to own nice things, and experts are predicting a brutal contraction of up to one-third of the current luxury good market size this year.

infographic by: www.visualcapitalist.com