
The global luxury sector is shifting to a period of stabilisation instead of a decline, Kearney’s 2026 Global Luxury Industry Outlook said.
It forecasts global luxury market growth of 2-4 per cent in 2026, while the US, Europe and China will be key to maintaining demand.
Growth is likely to remain fragile in Europe as brands tackle rising retail rents, regulatory pressures and cautious consumer spending.The global luxury sector is shifting to a period of stabilisation instead of a decline, Kearney’s 2026 Global Luxury Industry Outlook said.
It forecasts global luxury market growth of 2-4 per cent in 2026, while the US, Europe and China will be key to maintaining demand.
Growth is likely to remain fragile in Europe as brands tackle rising retail rents, regulatory pressures and cautious consumer spending.


