Top 10 largest luxury goods companies by market cap (2025): Indian brand ranks #6 globally
The global luxury market is projected to reach $495.16 billion by 2025, growing at a rate of 3.94%. However, trade tensions and declining share prices have raised concerns about a potential recession. Hermès has surpassed LVMH as the world's largest luxury company, while Indian companies like Titan Company, Kalyan Jewellers, and more are also making their presence felt in the global market.