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Stock impact report

Luxury Fibers Industry Research Report 2024-2030: Durability and Quality Drive Consumer Shift Towards Luxury Textile Products [Yahoo! Finance]

Ermenegildo Zegna N.V. (ZGN) 
Company Research Source: Yahoo! Finance
Forecast By Fiber Type, By Application, By Region And Competitive Landscape." report has been added to ResearchAndMarkets.com's offering. Global Luxury Fibers Market size is anticipated to grow at a CAGR of 13.2% during 2024E-2030F. The Global Luxury Fibres Market has experienced steady growth with a compound annual growth rate (CAGR) of 1.9% during the period 2020-2023. Changing consumer preferences have significantly influenced the market dynamics, with consumers increasingly gravitating towards premium textile products known for their exceptional quality, durability, and luxurious attributes. Secondly, the rise in disposable incomes across various regions has provided consumers with greater purchasing power, leading to increased spending on luxury goods, including high-end textiles. The Global Luxury Fibers Market is poised for robust growth in the coming years, driven by several key factors shaping the future landscape. Firstly, there is an increasing demand for sustainable Show less Read more
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