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Story summary
- The luxury market is projected to recover in 2026 with 3–5% growth, according to Bain & Co. and Altagamma.
- In 2025, spending is forecast flat at €1.44 trillion.
- The personal luxury goods market is expected to reach €358 billion, down 2%.
- The ultra-wealthy are shifting toward experiences, with luxury cruises and fine dining increasing.
- The overall consumer base declined from 400 million in 2022 to 340 million in 2025.
