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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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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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
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Personal Luxury in Poland
... performing categories in both value and volume terms in 2024 with some women looking to treat themselves as inflation stabilised. Strong growth in inbound tourism has also provided a boost to sales of designer apparel ... Read More
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Experiential Luxury in Sweden
... countries such as Denmark, Finland and Norway, followed by Germany, Poland, and the UK. This is due to both economic and climate-related factors. Regarding the economy, it is noted that the Swedish Krona is fairly ... Read More
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Experiential Luxury in Poland
... growth and recovery of international tourism, mainly from Germany, the UK, the US, and the Czech Republic. It is also important to note that Poland remains an important travel destination for Ukrainians, with only arrivals ... Read More
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Experiential Luxury in South Africa
... country’s tourism industry is now back on track following the sharp decline in visitors during the COVID-19 pandemic. With the number of inbound trips to South Africa increasing by high double digits in 2024, the ... Read More
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Luxury Goods in South Africa
... combined with a rise in the number of affluent South Africans and the booming tourism industry in the country are contributing to the continued growth of luxury goods. Euromonitor International's Luxury Goods in South Africa ... Read More
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Luxury Goods in Sweden
... cited concerns about their financial situation due to higher debts and lower savings, especially among Gen X [according to the Euromonitor Lifestyles Survey]. As the growth rate is higher than the level of inflation in ... Read More
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Premium and Luxury Cars in Poland
... the government to encourage consumers to switch to electric and hybrid vehicles most Polish consumers till favour luxury cars with traditional combustion engines. The situation is slightly different when it comes to premium cars with ... Read More
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Luxury Goods in Poland
... pre-pandemic levels the category has still seen strong in 2024. Premium and luxury cars has been the most dynamic category in luxury goods in 2024 having seen double-digit growth in value and volume terms for ... Read More
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Personal Luxury in China
... is thanks to inflation and successful marketing that appeals to wealthy consumers’ interest in popular luxury brands. Moreover, there is an accelerating trend towards purchasing fewer but better-quality products. Designer brands are favourites in the ... Read More
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Experiential Luxury in China
... rewarding experiences and activities than on material items. People are keen to make the most of the moment and enjoy the present, with wealthier individuals increasingly keen to spend money on living life to the ... Read More
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Personal Luxury in the Philippines
... Hermès is also incorporating new printed designs and adding a new printing line at its textiles site in Pierre Bénite in France. Euromonitor International's Personal Luxury in Philippines report offers a comprehensive guide to the ... Read More
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Luxury Goods in China
... to live in the moment and enjoy life, as well as rising interest in purchasing luxury goods as investment pieces - ownership of material things is increasingly linked to investment as consumers continue to shift ... Read More
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Experiential Luxury in Hong Kong, China
... declined by 70% to HKD3.8 billion in 2020, but by 2023 had exceeded their pre-pandemic level of HKD12.7 billion. Key source markets for inbound travellers in 2024 are set to include China, the Philippines, Taiwan, ... Read More
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