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 Canada
... due to the continued recovery in travel, with consumers increasingly purchasing high-end luggage and travel-related products. However, most luxury goods saw positive yet slower growth, as the strong economic rebound that initially followed the pandemic ... Read More
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Luxury Goods in Turkey
... contend with persistently high inflation and elevated interest rates, which are significantly affecting consumer spending, particularly on discretionary items. While inflation eased slightly to 52% in August 2024, down from 62% in August 2023, it ... Read More
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Personal Luxury in the Netherlands
... many people still remain very interested in designer apparel and footwear (ready-to-wear), with a willingness to pay more for quality products. A high level of promotional activity and manufacturers investing in new collections has helped ... Read More
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Premium and Luxury Cars in the Netherlands
... to invest in new premium and luxury cars. Manufacturers and retailers have remained active in promoting the latest innovations and designs, further reinforcing the demand for the latest models. More traditional manufacturers of premium and ... Read More
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Personal Luxury in Mexico
... increase by 5% over the year to total MXN37.2 billion (holding a 33% value share overall). The popularity of designer apparel and footwear (ready-to-wear) is supported by consumers seeking to use brands as a way ... Read More
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Experiential Luxury in Japan
... strategy to offer unique and memorable experiences to customers. By creating high-end dining options, these brands aim to elevate their appeal, transforming meals into immersive events that reflect their signature style and values. This move ... Read More
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Premium and Luxury Cars in Japan
... with strong growth in 2022 returning sales to above the pre-COVID-19 (2019) level, and stellar growth seen in 2023, led by a record sales year for Lexus, in which it more than doubled its value ... Read More
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Experiential Luxury in Mexico
... estimated that the income of foreign currency from international visitors to Mexico will rise to USD31.1 billion. In today’s post-pandemic environment, luxury consumers appear to be taking fewer holidays, but they are dedicating greater time ... Read More
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Luxury Goods in Japan
... in previous years, there was recovery from the COVID-19-related decline in 2020, sales of luxury goods had already returned to the pre-pandemic (2019) level, therefore limiting the growth prospects in 2024. Nevertheless, sales continue to ... Read More
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Singapore Luxury Hotels and Resorts Market Growth, Size, Trends Analysis- By Type, By Segment- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
... market research, ‘Singapore Luxury Hotels and Resorts Market Size- By Type, By Segment – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Singapore Luxury Hotels and Resorts Market is predicted to ... Read More
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Premium and Luxury Cars in France
... year of 2023, which still enjoyed a positive post-COVID-19 effect. This continuous progression notably stems from the increase of the upper-classes, and the number of millionaires in the country. In 2023, France recorded 2,868,031 adults ... Read More
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Personal Luxury in Japan
... contributing to this deceleration. Economic uncertainties, including the rising cost of living and fluctuating consumer confidence, have led to more cautious spending, leading some consumers to seek non-luxury brands. Furthermore, popular luxury brands have shifted ... Read More
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Luxury Goods in Mexico
... care, due to greater interest in purchasing premium products that have gained relevance among consumers post-pandemic. Experiential luxury is also expected to record dynamic growth during the year, boosted by the increasing importance the target ... Read More
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Luxury Goods in France
... weather during the first half of the year (thus under-average consumer footfall), and a rather gloomy summer season. The latter was because tourists and visitors came for the Olympics, and frequented restaurants and hotels, but ... Read More
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Premium and Luxury Cars in Mexico
... year (just under 50,000 units, and retail value sales of MXN53.7 billion). Among the different premium and luxury cars available in the local market, historically the most relevant brands are Mercedes-Benz, BMW and Audi. However, ... Read More
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Experiential Luxury in France
... seminars and conventions, and weddings. Leisure tourism, which was the first to resume after the COVID-19 health crisis, also contributed to growth. In 2023, the number of nights in French luxury hotels therefore saw a ... Read More
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Personal Luxury in France
... than the increase in 2023, which has surprised many luxury players. Despite the ongoing return of many wealthy inbound tourists, this sluggish performance stems from numerous factors, including poor weather during the first half of ... Read More
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Personal Luxury in the United Kingdom
... more robust performance than designer footwear in value growth terms, with women’s designer apparel performing much better than menswear, and above the overall average of the category. However, designer childrenswear is the standout with substantial ... Read More
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Premium and Luxury Cars in the United Kingdom
... net worth individuals continue to invest in premium vehicles, the overall dynamics in the local market are hindering growth opportunities. High-performance electric cars and upscale SUVs are gaining traction in the UK as they appeal ... Read More
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Luxury Goods in the United Kingdom
... the stability seen in recent years for luxury goods in the UK is waning. Luxury brands are developing strategies to remain resilient to economic uncertainties, such as inflation and shifting consumer spending patterns. Euromonitor International's ... Read More
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Experiential Luxury in the United Kingdom
... overall luxury goods in the UK. The strong performance of this category can be primarily attributed to luxury hotels and additional experiences that are being leveraged to increase the guest experience. As seen across many ... Read More
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Luxury Wines and Spirits Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
... CAGR of around 6.4% during 2025-2034. This report on global luxury wines and spirits systems market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report ... Read More
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Luxury Smart Jewelry Market Size, Share And Trends Analysis Report By Product (Smart Rings, Smart Bracelets), By Application (Fitness Tracking, Heart Rate Monitoring), By Age Group, By Distribution Channels, By Region, And Segment Forecasts, 2024 - 2030
... - 2030 Luxury Smart Jewelry Market Growth & Trends The global luxury smart jewelry market size is expected to reach USD 429.97 million by 2030, registering a CAGR of 18.7% from 2024 to 2030, according ... Read More
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GCC Personal Luxury Goods Market: Market Size, Forecast, Insights, and Competitive Landscape
... luxury goods market provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the GCC personal luxury goods by categorising the market ... Read More
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Luxury Hotels
... at a CAGR of 5.2% over the analysis period 2023-2030. Business Hotels, one of the segments analyzed in the report, is expected to record a 5.7% CAGR and reach US$54.5 Billion by the end of ... Read More