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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Experiential Luxury in Canada
... 2020 and 2021. In early 2022, the government began to roll back its COVID-19 regulations as infection rates fell, with this also including the relaxation of travel restrictions. This provided a big boost to the ... Read More
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Premium and Luxury Cars in Canada
... to face supply chain issues such as a semi-conductor chip shortage which has impacted the availability of new car inventory and increased dealership prices. Despite longer waits for new vehicles and a lack of dealer ... Read More
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Experiential Luxury in South Korea
... impact on domestic tourism. Moving into 2021, sales recorded a strong rebound. There were no mandated hotel closures during the COVID-19 pandemic, with the government not implementing any compulsory lockdowns. Therefore, as soon as domestic ... Read More
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Premium and Luxury Cars in Japan
... cars. Despite the easing of COVID-19 restrictions in 2020 as cases decline, sales are set to continue to fall in 2022. Parts shortages triggered by the COVID-19 pandemic and global semiconductor supply shortages have been ... Read More
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Luxury Goods in Japan
... 2021, although there was less disruption to store-based retailing, and sales of luxury goods returned to growth, the prolonged impact of COVID-19 continued to impact the industry and sales did not return to anywhere near ... Read More
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Personal Luxury in Japan
... and May. The category was also heavily impacted by long-term border closures, which led to the decimation of inbound arrivals to Japan for the majority of 2020. Little recovery was seen in 2021 due to ... Read More
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Experiential Luxury in Japan
... emergency announced by the government. Luxury foodservice was impacted by restrictions on the number of people and hours of service for serving alcohol and shortened business hours. Both luxury foodservice and luxury hotels were affected ... Read More
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Personal Luxury in the Netherlands
... consumers are looking for and aiming to support local businesses within designer apparel and footwear (ready-to-wear), but especially those with sustainable products and socially responsible practices. Many Dutch consumers are willing to pay a premium ... Read More
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Luxury Goods in the Netherlands
... time outside including returning to shopping in luxury retail stores. The return of foreign tourists is also helping to boost demand for luxury goods, with the Netherlands reducing the requirements to visit the country. Nonetheless, ... Read More
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Premium and Luxury Cars in the Netherlands
... success of fiscal benefits offered by the Dutch government to encourage a shift towards electric vehicles. Despite the lingering effects of the COVID-19 pandemic, premium and luxury car dealers are seeing a steep increase in ... Read More
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Experiential Luxury in the Netherlands
... consumers and further restricted the flow of foreign visitors to the country. The progression of the vaccination campaign in the Netherlands did however provide a more positive outlook with this supporting a gradual recovery within ... Read More
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Experiential Luxury in Brazil
... the visitors to the networks of luxury hotels in Brazil. Typically, these tourists dedicate part of their annual holidays to international hotspots for luxury consumption, such as Paris, New York and London. The impossibility of ... Read More
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Premium and Luxury Cars in Brazil
... by the wider acceptance of hygiene protocols and the reduction of excessive fear of contact, which allowed the return of visits to stores and shopping. In the context of the recovery of activities observed throughout ... Read More
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Luxury Goods in Brazil
... in the pandemic years. The discovery of the advantages of the internal market should continue to keep consumption high, albeit with no further growth, in 2022. Euromonitor International's Luxury Goods in Brazil report offers a ... Read More
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Personal Luxury in Brazil
... contributed to this scenario was the advance of vaccination, which made consumers feel comfortable going shopping. In 2021, most consumers were already more aware of how to protect themselves to avoid contagion. High net worth ... Read More
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Personal Luxury in Thailand
... the height of the pandemic, one of the main factors undermining demand across all categories of designer apparel and footwear was the fact that many people were unable or at least unwilling to go shopping ... Read More
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Experiential Luxury in Malaysia
... pre-pandemic peak. The fact that Malaysia re-opened its borders to international visitors on April 1, 2022, was the main driver of this. Having been flat since 2019, the number of experiential luxury sites/outlets will begin ... Read More
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Luxury Goods in Thailand
... immediately prior to the outbreak of COVID-19 during the year, although several categories are likely to remain below pre-pandemic levels. While ongoing restrictions on travel and consumers’ health and financial concerns continue to limit demand ... Read More
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Personal Luxury in India
... consumers have become increasingly used to wearing comfortable apparel and footwear whilst at home. Apart from a change in habits, brands have been strongly promoting athleisure wear. This need for comfortable apparel has also resulted ... Read More
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Luxury Goods in Mexico
... of the COVID-19 pandemic. By March 2022 most economic activities including concerts, festivals and other activities featuring large crowds were open for business. Nonetheless, many sanitary measures and protocols, especially in the service sector, remain ... Read More
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Personal Luxury in Malaysia
... apparel and footwear brands are focusing on athleisure ranges. These target millennial luxury shoppers and the emerging athleisure style trend, which has been particularly strong since the easing of lockdown, with people increasingly demanding more ... Read More
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Premium and Luxury Cars in Mexico
... production lines. This in turn led to a shortfall of hundreds of thousands of units that otherwise would have been produced. Due to these production problems this impacted the availability of premium and luxury cars ... Read More
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Luxury Goods in Malaysia
... rebound in 2021, with this trend continuing into 2022. Experiential luxury was by far the top performer during the latter year, with the re-opening of the country’s borders during the second quarter of the year ... Read More
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Experiential Luxury in Mexico
... observed. Nonetheless, some restrictions on international travel imposed by some source countries are still in place and continue to impact the number of high-end inbound tourists entering the country in 2022. Despite this, there was ... Read More
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Luxury Goods in India
... country experienced a third wave in early 2022 as a result of the Omicron variant of COVID-19 emerging, its impact was not prolonged. Hence, 2022 is proving to be significant in terms of recovery for ... Read More
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