Luxury Goods Market Research Reports & Industry Analysis
The luxury goods market is a diverse and complex industry, encompassing a wide range of products and services, from high-end fashion and accessories to luxury cars and travel experiences. The luxury goods market includes highly recognizable and popular global brands such as Ralph Lauren, Rolex, Burberry, Chanel, and Prada. Despite recent economic shifts, the luxury goods market is expected to achieve ongoing revenue gains in the future, but industry players must continue to evolve to stay relevant in a shifting business landscape. Long-term prospects for various product categories, geographic regions, and sales channels all differ, and companies will need to adjust their strategies accordingly.
Luxury Goods Market Analysis from Leading Experts
To learn more about this rapidly changing industry and pinpoint key growth opportunities, explore the research collection available on MarketResearch.com:
- Reputable information source: With over 20 years of experience in the market research industry, MarketResearch.com has established relationships with hundreds of top market research companies, enabling us to offer a comprehensive and up-to-date collection of reports on a variety of luxury markets big and small.
- All the data you need in one place: Our luxury goods market research reports provide an abundance of data and analysis including market size, growth forecasts, key trends, drivers and challenges, industry overviews, and more.
- Insights that give you clarity and confidence: Our studies can help you understand the competitive environment and the key factors driving change, so you are better prepared for what’s next.
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Luxury Goods Industry Research & Market Reports
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Italy Luxury Goods Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)
... USD 23.86 billion by 2029, at a CAGR of 2.52% during the forecast period (2024-2029). In Italy, rising disposable incomes and heightened spending on clothing, fueled by the sway of social media fashion trends, are ... Read More
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Global Luxury Fashion Market - Focused Insights 2024-2029
... (AR) is transforming the luxury fashion industry by allowing consumers to virtually try on products and visualize them in their environments, enhancing the online shopping experience. Brands like Gucci and Burberry have integrated AR into ... Read More
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Top Five Trends in Luxury Goods
... these volatile conditions, and the industry will continue to be shaped by a complex interplay of converging factors, including rising demand from emerging markets, new technologies, weak economic growth, geopolitical instability, climate change, a reset ... Read More
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Personal Luxury in Indonesia
... a mix of luxury brands and more accessible brands and celebrities which helped redefine brand identities, attract more consumers and boost sales. For example, in designer apparel (ready-to-wear), a partnership between Calvin Klein and actor ... Read More
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Experiential Luxury in Indonesia
... countries like Singapore and Malaysia, as well as visitors from Europe. Indonesia is also becoming popular among Koreans. The Ministry of Tourism and Creative Economy is focused on attracting more tourists and improving the country’s ... Read More
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Premium and Luxury Cars in Indonesia
... year. Despite this, sales of premium and luxury cars continued to deliver double-digit growth in current value and retail volume terms in 2024, albeit not reaching the highs of the previous two years. The market's ... Read More
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Luxury Goods in Indonesia
... High Net Worth Individuals (UHNWIs) in the country is rising while there was also an increase in international tourism in 2024 all of which boosted sales of luxury goods. Personal luxury has benefited from digital ... Read More
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Global Luxury Pet Food Packaging Market Growth 2024-2030
... to protect the pet food from oxygen and moisture and resist grease, odor, and tearing. Majority of the pet food is primarily packaged in metal cans, multiwall bags, and pouches. Raw materials used in the ... Read More
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Experiential Luxury in Switzerland
... improvement in the Swiss economy. Nevertheless, the war in Ukraine and ongoing global financial turmoil has continued to limit the growth potential for experiential luxury with fewer tourists visiting luxury hotels than before the pandemic. ... Read More
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Premium and Luxury Cars in Switzerland
... energy and fuel efficient cars that offer a higher level of comfort and safety keeps growing while overall spending has become more conservative. With the strain on the economy over the review period, including high ... Read More
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Luxury Goods in Switzerland
... of luxury goods has reflected this trend in 2024 with limited growth in most categories, although experiential luxury has been the standout performer as consumers have shown a growing willingness to spend on experiences over ... Read More
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Personal Luxury in Switzerland
... in unit prices. Although the Swiss economy started to show signs of recovery in 2024 with inflation stabilising and disposable incomes rising again, many Swiss consumers remained selective with their spending. This led to consumers ... Read More
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Personal Luxury in the US
... to account for the highest sales. In 2024, it is expected to see a modest 2% increase in retail current value terms, primarily driven by men's designer apparel, which is set to experience a 4% ... Read More
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Premium and Luxury Cars in the US
... cars in 2023. Its share of retail value sales went from 19% in 2021 to 33% in 2022. However, in 2023 Tesla’s share saw its first decline since 2019, from 33% to 25%. No single ... Read More
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Luxury Goods in the US
... than in 2023, impacted by both global and local factors which are leading consumers to become more cautious. Internationally, the Israel-Hamas war and the ongoing war in Ukraine, combined with local influences such as the ... Read More
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Experiential Luxury in the US
... ranks first in the World Economic Forum Travel & Tourism Development Index 2024, which is also set to fuel a notable increase in retail current value sales in experiential luxury. Although sales growth in experiential ... Read More
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Experiential Luxury in Australia
... 2024. In part a response to peak consumption, in part fuelled by the social media allure of “Instagrammable” moments, luxury players are able to leverage premium lifestyle elements to foster an enhanced customer experience and ... Read More
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Premium and Luxury Cars in Australia
... for the first time in June 2024, according to the Federal Chamber of Automotive Industries (FCAI), following 14 months of consecutive growth, which represented the longest period of new car sales in 20 years. Premium ... Read More
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Luxury Goods in Australia
... as discerning shoppers become even more finely tuned to the timeless quality and value encapsulated by luxury purchases. On the other hand, retail volumes are substantially down year-on-year in premium and luxury cars, luxury jewellery, ... Read More
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Personal Luxury in Australia
... (7%) is outpacing that of the women’s segment (3%), albeit from a smaller base. Demand for designer footwear continues to recover, while retail sales value growth (7%) is being supported by a strong performance in ... Read More
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Kitchen & Cookware Stores in the US - Industry Market Research Report
... it has benefited from e-commerce growth and increased consumer interest in cooking and home dining. Moreover, a robust housing market for most of the past five years bolstered demand from new equipment buyers. The rise ... Read More
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Premium and Luxury Cars in South Africa
... the country, alongside the growing number of affluent consumers has helped to sustain a healthy demand for premium and luxury cars. Demand for premium and luxury cars is contingent on wealth and sales are heavily ... Read More
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Personal Luxury in South Africa
... the leading player on the South African market, followed by Donna Karan, and Gucci. The growing number of higher-net-worth individuals, the increasing influence of social media, and the rising access to global trends are among ... Read More
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Premium and Luxury Cars in Sweden
... the fact that the leading players in luxury goods are also those who sell luxury cars, being Volkswagen Group AB, Mercedes-Benz AG, Tesla Inc, and BMW Northern Europe AB, with these names being the only ... Read More
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Personal Luxury in Sweden
... weakening currencies, and stagnating employment, which have lowered consumer confidence and deepened anxieties around financial security. In response, fashion retailers have leaned heavily on frequent discounting and expanding outlet offerings to stimulate sales, catering to ... Read More