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:
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- 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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Luxury Goods in Singapore
... in luxury experiences and premium products, especially limited edition and exclusive goods. This positive growth was bolstered further by international leisure tourism, in addition to business travellers. In-store focused on expanding luxury services to offer ... Read More
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Luxury Goods in Hong Kong, China
... strong economy, favourable tax policies, and reputation as a shopping destination have attracted luxury brands and affluent shoppers from around the world for many years. The increase in sales in 2024 has been supported by ... Read More
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Premium and Luxury Cars in the Philippines
... the growth of the middle-class are helping to boost sales in premium and luxury cars – particularly so within metropolitan areas. Overall, this urban migration, coupled with a rise in population, has intensified demand for ... Read More
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Personal Luxury in Hong Kong, China
... primarily by sales of designer apparel (ready-to-wear), which accounts for 65% of overall value sales. Rising prices are playing a role, with current value growth outpacing the rise in volume sales. Nonetheless, volume sales are ... Read More
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Experiential Luxury in the Philippines
... of inflation leading to stronger spending power. This is further supported by the growth of luxury brands and services, such as seen with high-end fine dining and luxury services offered by five-star hotels and casino ... Read More
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Experiential Luxury in Thailand
... restrictions eased and consumers turned to “revenge” spending, including on travel and exciting experiences due to greater mobility outside of the home. Nevertheless, the ongoing positive performance of the category is being supported by demand ... Read More
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Premium and Luxury Cars in Thailand
... Thailand’s economic situation remains uncertain, as it continues to be pressured by high inflation and soft spending power among the local population, the category of premium and luxury cars remains resilient due to the main ... Read More
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Personal Luxury in Thailand
... continues to recover in 2024. Growth is being supported by the ongoing return of consumers to physical stores, where many Thais and international visitors prefer to visit specialist retailers in person to try on and ... Read More
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Luxury Goods in Thailand
... as it is a hub for luxury shopping centres such as IconSiam, Siam Paragon, Central Chidlom and Gaysorn Plaza. Euromonitor International's Luxury Goods in Thailand report offers a comprehensive guide to the size and shape ... Read More
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Experiential Luxury in South Korea
... by the outbreak of COVID-19: a focus on services above manufactured goods. This focus has benefited industries, including food service, travel, hotels and holidays, as consumers invest in experiences above physical goods. Due to the ... Read More
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Luxury Goods in South Korea
... the release of pent-up demand on a post-pandemic landscape and heightened tourism. Strong marketing campaigns that included local influencers drove sales, while new launches offered limited edition products and exclusive ranges. In addition, players offered ... Read More
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Premium and Luxury Cars in South Korea
... while the macroeconomic situation has less impact on luxury and higher-income consumers in South Korea. Wealth determines the demand for premium and luxury cars, and sales are reliant on high consumer confidence amongst a niche ... Read More
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Personal Luxury in South Korea
... men's designer apparel saw standout growth of 7%. Retail value sales received a boost from inflation, while wealthier consumers continued to desire designer apparel and footwear that represents quality, in addition to status. 13 million ... Read More
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Luxury Jewelry Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Raw Material (Diamond, Gold, Platinum, Others), By Product (Necklace, Ring, Earring, Others), By Distribution Channel (Offline, Online), By Region & Competition, 2019-2029F
... The Global Luxury Jewelry Market was valued at USD 56.78 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 8.2% through 2029. The global luxury jewelry ... Read More
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Experiential Luxury in Argentina
... a year in which inbound tourism grew significantly in Argentina due to the existence of two types of value ??for the US dollar, with illegal dollars double the value of official dollars. As a result, ... Read More
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Personal Luxury in Argentina
... designer apparel and footwear (ready-to-wear) brands whose collections are imported, following import restrictions after the new government of Javier Milei took office in December 2023. Euromonitor International's Personal Luxury in Argentina report offers a comprehensive ... Read More
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Premium and Luxury Cars in Argentina
... increase in prices after the devaluation of December 2023, but also because, during the year, there was a strong increase in the US dollar price, which is particularly relevant in this category. Euromonitor International's Premium ... Read More
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Luxury Goods in Argentina
... government came to office in December 2023, as a result of a devaluation of more than 100%, strongly affected prices in luxury goods categories. Euromonitor International's Luxury Goods in Argentina report offers a comprehensive guide ... Read More
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Premium and Luxury Cars in Brazil
... consumers are showing heightened demand for sophisticated items including premium and luxury cars. However, the increasing difficulties surrounding imports of components to enable local assembly of cars led to delays in delivery during the review ... Read More
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Experiential Luxury in Malaysia
... in Malaysia the government has initiated various incentives to attract visitors. For example, Malaysia has offered visa exemptions for passport holders of The People’s Republic of China from December 2023 to December 2024. Those eligible ... Read More
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Luxury Goods in Brazil
... indulgence, with a shift away from possession and towards investment and experience. As well as spending on experiential luxury, consumers are purchasing luxury goods with rising interest in the investment worth of products, meaning that ... Read More
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Luxury Goods in Malaysia
... number of wealthy individuals in the country. The further expansion of luxury retail space in Malaysia is also providing great growth opportunities for sales of personal luxury goods. For example, The Exchange TRX retail and ... Read More
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Experiential Luxury in Brazil
... of living costs. Consumers are increasingly taking on a “live for today” attituded as they focus on enjoying a variety of interesting and novel activities and experiences. This is leading to more spending on the ... Read More
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Premium and Luxury Cars in Malaysia
... been backed by aggressive new launches from leading brands like BMW and Porsche. Brands like Ferrari have also continued to work on building brand interest and awareness. For instance, the Ferrari Owners Club Malaysia Festival ... Read More
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Personal Luxury in Malaysia
... as luxury leather goods, luxury eyewear and luxury timepieces. Nonetheless, designer apparel and footwear (ready-to-wear) remains the largest category in value terms. Sales have benefited from a growing focus on quality over quantity with consumers ... Read More