Global Personal Luxury Goods Market: Analysis By Category (Leather, Apparel, Beauty, Watches, Shoes, Jewelry, and Others), By Distribution Channel (Retail and Wholesale), By Sales Channel (Online, Monobrand, Outlet, Specialty Store, Department Store, and

Global Personal Luxury Goods Market: Analysis By Category (Leather, Apparel, Beauty, Watches, Shoes, Jewelry, and Others), By Distribution Channel (Retail and Wholesale), By Sales Channel (Online, Monobrand, Outlet, Specialty Store, Department Store, and Travel Retail), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2028


Personal luxury goods are high-end products that are used for personal grooming, fashion, and other forms of personal care. These products can vary depending on buyer’s income group, their perception about the luxury product and the amount of comfort & pleasure the consumer gets from utilizing the product. Personal luxury goods market is associated with production, marketing, and sales of high-end, prestigious, and often exclusive products that are considered luxurious and are primarily aimed at satisfying individual desires for quality, craftsmanship, and status. The global personal luxury goods market was valued at US$376.02 billion in 2022. The market value is forecasted to grow to US$540.07 billion by 2028.

Rapid population growth, emerging markets (Southeast Asia, Korea, India, Middle East), rise in luxury brand awareness through promotions and social media campaigns, expanding travel retail, growth in online luxury shopping, increase in purchase of luxury products with investment purposes and resale opportunities, etc., have been positively contributing towards increased demand for personal luxury goods. Other significant factors are increasing adoption of YOLO (""You Only Live Once"") culture, growing demand for premium beauty products, rise in adoption of virtual try-on technologies, rising adoption of omni-channel retailing, rising demand of second hand personal luxury goods, 3.0 experiences (such as virtual stores, digital shopping assistants, and ultra-luxury travel and hospitality), and increasing number of new product launches and innovations in the market by personal luxury brands to remain competitive in the market and strengthen their current portfolios. The market is anticipated to grow at a CAGR of approx. 6% during the forecasted period of 2023-2028.

Market Segmentation Analysis:

By Category: The report provides the bifurcation of the market into seven segments on the basis of category: leather, apparel, beauty, watches, jewelry, shoes, and others. Personal luxury leather is the largest and fastest growing segment of global personal luxury goods market, driven by rising population growth, increasing demand for customization and personalization of high-end leather products, and rising application of high quality leather in the production of wide range of products, such as leather handbags, wallets, belts, shoes, jackets, etc.

By Sales Channel:The report provides the bifurcation of the market into six segments based on sales channel: online, monobrand, outlet, specialty store, department store, and travel retail. Travel retail personal luxury goods is the fastest growing segment of global personal luxury goods market, owing to rapidly expanding travel & tourism sector, growing middle class spending in major emerging markets, added advantage of duty-free shopping in travel retail, increasing focus of luxury brands on incorporating cultural and subcultural trends, and exclusivity and rarity offered by personal luxury items at various travel retail stores.

By Distribution Channel: The report provides the bifurcation of the market into two segments on the basis of distribution channel: retail and wholesale. Retail personal luxury goods market is the largest segment of global personal luxury goods market, owing to rapidly expanding E-commerce sector, increasing adoption of omnichannel retailing, rise in middle class population in countries like China, India, & other emerging markets, increased presence of high-end luxury retail infrastructure in developed regions, and rapidly expanding outlet store networks.

By Region: The report provides insight into the personal luxury goods market based on the regions namely, Asia Pacific, North America, Europe, and rest of the world. Asia Pacific is the largest & fastest growing region of global personal luxury goods market, driven by factors such as rapidly growing urban population, large consumer base, increasing internet penetration, growing popularity of aspirational personal luxury products among millennials, increase in the number of tourist arrival and receipts, and rising trend of personalization and customization in luxury goods market. Asia Pacific personal luxury goods market is divided into five regions on the basis of geographical operations, namely, China, India, Japan, South Korea and rest of Asia Pacific, where China personal luxury goods market dominates the Asia Pacific personal luxury goods market. Shift in Chinese luxury consumer demographics, the rise of local personal luxury brands, and increase in demand for more digital, sustainable, and customized services are all reshaping China’s personal luxury goods industry.

North America personal luxury goods market is divided into three regions, namely, the US, Canada and Mexico, where the US personal luxury goods market dominated the North America personal luxury goods market, driven by positive shift in consumer’s preferences towards the purchase of personal luxury goods to flaunt and showcase their wealth and status, introduction of new innovative personal luxury goods in the region, rising demand for sustainable and ethically produced personal luxury goods and increasing focus of personal luxury goods companies on collaborations and acquisitions for expanding consumer base and gaining larger market share.

Market Dynamics:

Growth Drivers: The global personal luxury goods market has been rapidly growing over the past few years, due to factors such as increasing wealth and number of high-net-worth individuals (HNWIs), rapid urbanization, rising demand for personal luxury goods among millennials, Gen Z, & Gen X, and rapidly expanding luxury jewelry industry etc. Rapid urbanization coupled with rising disposable income, growing working class women population, increasing awareness about ongoing fashion trends among millennials, and rapidly expanding middle class population has been positively contributing towards increased demand for personal luxury items by consumers. Also, urbanization is associated with increased presence of high-end luxury retail infrastructure and highly developed contemporary retail spaces like shopping malls, luxury boutiques, and upscale shopping districts, that provide luxury brands with a platform to showcase their products, create immersive shopping experiences for customers, enhance brand visibility and attract affluent customers, boosting the growth of global personal luxury goods market.

Challenges: However, the market growth would be negatively impacted by various challenges such as presence of counterfeit products, changing consumer behavior and preferences, etc. The presence of counterfeit products acts as a major challenge impeding the growth of global personal luxury goods market as growing market prospects of personalized high-end products and increasing demand for such products at affordable prices have increased the sale of counterfeit products, with customers finding it difficult to differentiate genuine products from fake items. Also, increased presence of counterfeit products are associated with reduced market share and revenue loss of genuine sellers, fall in consumer confidence, and damage of brand value and differentiation provided by majority of luxury companies, making it challenging for companies to maintain their premium positioning in the market.

Trends: The market is projected to grow at a fast pace during the forecasted period, due to various latest trends such as integration of artificial intelligence (AI) and machine learning (ML), ongoing technological advancements, rising adoption of omni-channel retailing, increasing brand awareness, rising demand of second hand personal luxury goods, emergence of metaverse, etc. Rising internet penetration, increasing use of digital and social media platforms for promotion & advertisement of personalized luxury products, and rise in number of celebrity endorsements and luxury brand collaborations have been positively contributing towards increasing consumer awareness about high quality personalized luxury products and influencing people’s attitudes towards their use. Also, luxury brands are increasingly investing in digital marketing campaigns through various channels such as social media platforms, search engine advertising, email marketing, gaming platforms, influencer partnerships, etc, boosting the growth of global personal luxury goods market.

Impact Analysis of COVID-19 and Way Forward:

COVID-19 brought in many changes in the world in terms of reduced productivity, loss of life, business closures, closing down of factories and organizations, and shift to an online mode of work. COVID-19 pandemic resulted in reduced household disposable income, an increase in the number of fatalities, and rise in unemployment, creating a sense of economic uncertainty and financial hardships for many individuals and resulting in a negative shift in people’s attitudes towards the purchase of luxury goods, including personal luxury goods. So, as a result of increasing number of people prioritizing essential needs and cutting back on discretionary purchases, COVID-19 pandemic resulted in reduced demand for personal luxury goods, impeding the growth of global personal luxury goods market in 2020.

Furthermore, COVID-19 pandemic resulted in the closure of numerous public gathering places including restaurants, bars, casino, wedding villa, etc. along with increased restrictions on the number of people that could congregate in a particular event or place, resulting in reduced number of cocktail party, wedding, anniversary event, or any other celebratory occasions and since majority of people engages in the purchase of personal luxury goods to flaunt and showcase their items as a symbol of one’s achievements, wealth, social status, and unique sense of style and personalized fashion, there was a sudden fall in the demand for these items. Therefore, the overall impact of COVID-19 on global personal luxury goods was negative. However, during 2021, personal luxury goods companies rebounded from the COVID-19 pandemic, with store re-openings and a recovery in consumer demand.

Competitive Landscape:

Global personal luxury goods market is fragmented, comprising a few global operators and numerous specialized players. Main players of the market are mainly split between: family-run brands belonging to the top-end personal luxury class and not promoting their brand awareness to the masses, because they are already recognized by their one-of-a-kind creations; and diversified holdings that includes international luxury players that after many acquisitions are now holding companies of highly reputable hard and soft personal luxury brands.

The key players of the market are:

LVMH Group (LVMH Moët Hennessy Louis Vuitton)
Compagnie Financière Richemont SA (Richemont)
Ralph Lauren Corporation
Kering SA
L'Oréal S.A. (L’Oréal Luxe Division)
The Estée Lauder Companies Inc.
PRADA S.P.A
Coty Inc.
Hermès International
Capri Holdings Limited
PVH Corp.
Tapestry, Inc.
Giorgio Armani S.p.A.
Rolex SA

Major companies in the market are engaged in strategic agreements & contacts, increasing number of new product launches, mergers and acquisitions, and geographical expansion to gain larger market share. For instance, on April 04, 2023, Ralph Lauren announced the opening of a new luxury concept in Miami’s iconic Design District, bringing the brand’s signature vision of timeless luxury to one of the most unique shopping and design destinations in the country. Similarly, on March 13, 2023, Kering SA announced that the Kering Eyewear has signed an agreement to acquire 100% of the share capital of the French company UNT, Usinage & Nouvelles Technologies, to strengthen its position in the luxury eyewear industry.


Global Personal Luxury Goods Market: Analysis By Category (Leather, Apparel, Beauty, Watches, Shoes, Jewelry, and Others), By Distribution Channel (Retail and Wholesale), By Sales Channel (Online, Monobrand, Outlet, Specialty Store, Department Store, and Travel Retail), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2028 - Report Summary
Report Metrics Details
Years Considered 2018-2028
Base Year 2022
Forecast Period 2023-2028
Page Count 161
Units Referenced US $
Segments/Key Topics By Category, By Sales Channel, By Distribution Channel
Regions Covered North America (The US, Canada, and Mexico), Europe (UK, Italy, France, Germany, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea and rest of Asia Pacific), and Rest of the World
Key Companies Mentioned LVMH Group (LVMH Moët Hennessy Louis Vuitton); Compagnie Financière Richemont SA (Richemont); Ralph Lauren Corporation; Kering SA; L'Oréal S.A. (L’Oréal Luxe Division); The Estée Lauder Companies Inc.; PRADA S.P.A; Coty Inc.; Hermès International; Capri Holdings Limited; PVH Corp.; Tapestry, Inc.; Giorgio Armani S.p.A.; and Rolex SA

Five FAQs about the Report

What is the size of this market?
The global personal luxury goods market was valued at US$376.02 billion in 2022.

What is the forecasted growth for this market?
The market is expected to reach US$540.07 billion by 2028 and is expected to grow at a CAGR of 6.22% during the forecast period of 2023-2028.

What are key factors driving this market? The personal luxury goods market growth is driven by factors such as rapid population growth, emerging markets (Southeast Asia, Korea, India, Middle East), rise in luxury brand awareness through promotions and social media campaigns, expanding travel retail, growth in online luxury shopping, increase in purchase of luxury products with investment purposes and resale opportunities, etc. The market is further expected to grow during the forecasted period (2023-2028), owing to increasing integration of AI and ML, rising adoption of omni-channel retailing, increased demand of second hand personal luxury goods, and 3.0 experiences (such as virtual stores, digital shopping assistants, and ultra-luxury travel and hospitality).

How is this market segmented in this report?
In the report, the personal luxury goods market is segmented on the basis of category (leather, apparel, beauty, watches, shoes, jewelry, and others), distribution channel (retail and wholesale), and sales channel (online, monobrand, outlet, specialty store, department store, and travel retail).

What is the definition of this market in this report?
Personal luxury goods are high-end products that are used for personal grooming, fashion, and other forms of personal care. Personal luxury goods market is associated with production, marketing, and sales of high-end, prestigious, and often exclusive products that are considered luxurious and are primarily aimed at satisfying individual desires for quality, craftsmanship, and status.

What are the major influences driving the growth/decline of this market?
The demand for personal luxury goods has been rising significantly in recent years owing to increasing wealth and number of high-net-worth individuals (HNWIs), rapid urbanization, rising demand among Millennials, Gen Z, and Gen X, rapidly expanding luxury jewelry industry etc. Further, the market is expected to grow at a rapid pace due to integration of artificial intelligence (AI) and ML, increasing brand awareness, rising adoption of omni-channel retailing, ongoing technological advancements, rising demand of second-hand personal luxury goods, emergence of metaverse, etc. Yet the market faces some challenges such as changing consumer behavior and preferences, presence of counterfeit products, etc.


1. Executive Summary
2. Introduction
2.1 Personal Luxury Goods: An Overview
2.1.1 Definition of Personal Luxury Goods
2.1.2 Characteristics of Personal Luxury Goods
2.2 Personal Luxury Goods Segmentation: An Overview
2.2.1 Personal Luxury Goods Segmentation
Table 1: Personal Luxury Goods Segmentation
3. Global Market Analysis
3.1 Global Personal Luxury Goods Market: An Analysis
3.1.1 Global Personal Luxury Goods Market: An Overview
3.1.2 Global Personal Luxury Goods Market by Value
Table 2: Global Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 3: Global Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
3.1.3 Global Personal Luxury Goods Market by Category (Leather, Apparel, Beauty, Watches, Jewelry, Shoes, and Others)
Table 4: Global Personal Luxury Goods Market by Category; 2022 (Percentage, %)
3.1.4 Global Personal Luxury Goods Market by Sales Channel (Online, Monobrand, Outlet, Specialty Store, Department Store, and Travel Retail)
Table 5: Global Personal Luxury Goods Market by Sales Channel; 2022 (Percentage, %)
3.1.5 Global Personal Luxury Goods Market by Distribution Channel (Retail and Wholesale)
Table 6: Global Personal Luxury Goods Market by Distribution Channel; 2022 (Percentage, %)
3.1.6 Global Personal Luxury Goods Market Value by Region (North America, Europe, Asia Pacific, and Rest of the World)
Table 7: Global Personal Luxury Goods Market by Region; 2022 (Percentage, %)
3.2 Global Personal Luxury Goods Market: Category Analysis
3.2.1 Global Personal Luxury Goods Market by Category: An Overview
3.2.2 Global Personal Luxury Leather Market by Value
Table 8: Global Personal Luxury Leather Market by Value; 2018-2022 (US$ Billion)
Table 9: Global Personal Luxury Leather Market by Value; 2023-2028 (US$ Billion)
3.2.3 Global Personal Luxury Apparel Market by Value
Table 10: Global Personal Luxury Apparel Market by Value; 2018-2022 (US$ Billion)
Table 11: Global Personal Luxury Apparel Market by Value; 2023-2028 (US$ Billion)
3.2.4 Global Personal Luxury Beauty Market by Value
Table 12: Global Personal Luxury Beauty Market by Value; 2018-2022 (US$ Billion)
Table 13: Global Personal Luxury Beauty Market by Value; 2023-2028 (US$ Billion)
3.2.5 Global Personal Luxury Watches Market by Value
Table 14: Global Personal Luxury Watches Market by Value; 2018-2022 (US$ Billion)
Table 15: Global Personal Luxury Watches Market by Value; 2023-2028 (US$ Billion)
3.2.6 Global Personal Luxury Shoes Market by Value
Table 16: Global Personal Luxury Shoes Market by Value; 2018-2022 (US$ Billion)
Table 17: Global Personal Luxury Shoes Market by Value; 2023-2028 (US$ Billion)
3.2.7 Global Personal Luxury Jewelry Market by Value
Table 18: Global Personal Luxury Jewelry Market by Value; 2018-2022 (US$ Billion)
Table 19: Global Personal Luxury Jewelry Market by Value; 2023-2028 (US$ Billion)
3.2.8 Global Others Personal Luxury Goods Market by Value
Table 20: Global Others Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 21: Global Others Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
3.3 Global Personal Luxury Goods Market: Sales Channel Analysis
3.3.1 Global Personal Luxury Goods Market by Sales Channel: An Overview
3.3.2 Global Monobrand Personal Luxury Goods Market by Value
Table 22: Global Monobrand Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 23: Global Monobrand Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
3.3.3 Global Online Personal Luxury Goods Market by Value
Table 24: Global Online Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 25: Global Online Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
3.3.4 Global Outlet Personal Luxury Goods Market by Value
Table 26: Global Outlet Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 27: Global Outlet Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
3.3.5 Global Specialty Store Personal Luxury Goods Market by Value
Table 28: Global Specialty Store Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 29: Global Specialty Store Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
3.3.6 Global Department Store Personal Luxury Goods Market by Value
Table 30: Global Department Store Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 31: Global Department Store Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
3.3.7 Global Travel Retail Personal Luxury Goods Market by Value
Table 32: Global Travel Retail Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 33: Global Travel Retail Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4. Regional Market Analysis
4.1 Asia Pacific Personal Luxury Goods Market: An Analysis
4.1.1 Asia Pacific Personal Luxury Goods Market: An Overview
4.1.2 Asia Pacific Personal Luxury Goods Market by Value
Table 34: Asia Pacific Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 35: Asia Pacific Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.1.3 Asia Pacific Personal Luxury Goods Market by Region (China, India, Japan, South Korea and Rest of Asia Pacific)
Table 36: Asia Pacific Personal Luxury Goods Market by Region; 2022 (Percentage, %)
4.1.4 China Personal Luxury Goods Market by Value
Table 37: China Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 38: China Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.1.5 Japan Personal Luxury Goods Market by Value
Table 39: Japan Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 40: Japan Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.1.6 India Personal Luxury Goods Market by Value
Table 41: India Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 42: India Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.1.7 South Korea Personal Luxury Goods Market by Value
Table 43: South Korea Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 44: South Korea Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.1.8 Rest of Asia Pacific Personal Luxury Goods Market by Value
Table 45: Rest of Asia Pacific Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 46: Rest of Asia Pacific Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.2 North America Personal Luxury Goods Market: An Analysis
4.2.1 North America Personal Luxury Goods Market: An Overview
4.2.2 North America Personal Luxury Goods Market by Value
Table 47: North America Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 48: North America Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.2.3 North America Personal Luxury Goods Market by Region (The US, Canada and Mexico)
Table 49: North America Personal Luxury Goods Market by Region; 2022 (Percentage, %)
4.2.4 The US Personal Luxury Goods Market by Value
Table 50: The US Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 51: The US Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.2.5 Canada Personal Luxury Goods Market by Value
Table 52: Canada Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 53: Canada Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.2.6 Mexico Personal Luxury Goods Market by Value
Table 54: Mexico Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 55: Mexico Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.3 Europe Personal Luxury Goods Market: An Analysis
4.3.1 Europe Personal Luxury Goods Market: An Overview
4.3.2 Europe Personal Luxury Goods Market by Value
Table 56: Europe Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 57: Europe Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.3.3 Europe Personal Luxury Goods Market by Region (UK, Italy, France, Germany, and Rest of Europe)
Table 58: Europe Personal Luxury Goods Market by Region; 2022 (Percentage, %)
4.3.4 UK Personal Luxury Goods Market by Value
Table 59: UK Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 60: UK Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.3.5 Italy Personal Luxury Goods Market by Value
Table 61: Italy Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 62: Italy Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.3.6 France Personal Luxury Goods Market by Value
Table 63: France Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 64: France Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.3.7 Germany Personal Luxury Goods Market by Value
Table 65: Germany Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 66: Germany Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.3.8 Rest of Europe Personal Luxury Goods Market by Value
Table 67: Rest of Europe Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 68: Rest of Europe Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
4.4 Rest of the World Personal Luxury Goods Market: An Analysis
4.4.1 Rest of the World Personal Luxury Goods Market: An Overview
4.4.2 Rest of the World Personal Luxury Goods Market by Value
Table 69: Rest of the World Personal Luxury Goods Market by Value; 2018-2022 (US$ Billion)
Table 70: Rest of the World Personal Luxury Goods Market by Value; 2023-2028 (US$ Billion)
5. Impact of COVID-19
5.1 Impact of COVID-19 on Personal Luxury Goods Market
5.2 Post COVID-19 Impact on Personal Luxury Goods Market
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Increasing Wealth and Number of High-Net-Worth Individuals (HNWIs)
Table 71: Global Population of High-Net-Worth Individuals; 2018-2021 (Million)
Table 72: Global Wealth of High-Net-Worth Individuals; 2018-2021 (US$ Tillion)
6.1.2 Rapid Urbanization
Table 73: Global Share of Urban Population in Total Population; 2016, 2021 & 2050 (Percentage, %)
6.1.3 Rising Demand among Millennials, Gen Z, and Gen X
Table 74: Global Annual Aggregate Income by Generation; 2020-2025 (US$ Trillion)
6.1.4 Rapidly Expanding Luxury Jewelry Industry
6.2 Challenges
6.2.1 Presence of Counterfeit Products
6.2.2 Changing Consumer Behavior and Preferences
6.3 Market Trends
6.3.1 Integration of Artificial Intelligence (AI) and Machine Learning (ML)
Table 75: Global Artificial Intelligence Market Size; 2021–2025 (US$ Billion)
6.3.2 Ongoing Technological Advancements
6.3.3 Rising Adoption of Omni-channel Retailing
6.3.4 Increasing Brand Awareness
6.3.5 Rising Demand of Second Hand Personal Luxury Goods
6.3.6 Emergence of Metaverse
7. Competitive Landscape
7.1 Global Personal luxury Goods Market: Competitive Landscape
7.2 Global Personal Luxury Goods Market Players: Financial Comparison
Table 76: Global Personal Luxury Goods Market Players: Financial Comparison; 2023
8. Company Profiles
8.1 LVMH Group (LVMH Moët Hennessy Louis Vuitton)
8.1.1 Business Overview
8.1.2 Revenue by Business Group
Table 77: LVMH Group (LVMH Moët Hennessy Louis Vuitton) Revenue by Business Group; 2022 (Percentage, %)
8.1.3 Business Strategy
8.2 Compagnie Financière Richemont SA (Richemont)
8.2.1 Business Overview
8.2.2 Operating Segments
Table 78: Compagnie Financière Richemont SA Sales by Segment; 2023 (Percentage, %)
8.2.3 Business Strategy
8.3 Ralph Lauren Corporation
8.3.1 Business Overview
8.3.2 Operating Segments
Table 79: Ralph Lauren Corporation Net Revenue by Segment; 2023 (Percentage, %)
8.3.3 Business Strategy
8.4 Kering SA
8.4.1 Business Overview
8.4.2 Operating Segment
Table 80: Kering SA Revenue by Segment; 2022 (Percentage, %)
8.4.3 Business Strategy
8.5 L'Oréal S.A. (L’Oréal Luxe Division)
8.5.1 Business Overview
8.5.2 Sales By Business Segment
Table 81: L'Oréal S.A. Sales by Business Segment; 2022 (Percentage, %)
Table 82: L'Oréal S.A. Sales by Divisions; 2022 (Percentage, %)
8.5.3 Sales By Divisions
8.5.4 Business Strategy
8.6 The Estée Lauder Companies Inc.
8.6.1 Business Overview
8.6.2 Net Sales By Product Category
Table 83: The Estée Lauder Companies Inc. Net Sales by Product Category; 2022 (Percentage, %)
8.6.3 Business Strategy
8.7 PRADA S.P.A
8.7.1 Business Overview
8.7.2 Net Revenue By Geographical Region
Table 84: PRADA S.P.A Net Revenue by Geographical Region; 2022 (Percentage, %)
8.7.3 Business Strategy
8.8 Coty Inc.
8.8.1 Business Overview
8.8.2 Operating Segments
Table 85: Coty Inc. Net Revenue by Segment; 2022 (Percentage, %)
8.8.3 Business Strategy
8.9 Hermès International
8.9.1 Business Overview
8.9.2 Operating Segments
Table 86: Hermès International Revenue by Segment; 2022 (Percentage, %)
8.9.3 Business Strategy
8.10 Capri Holdings Limited
8.10.1 Business Overview
8.10.2 Operating Segments
Table 87: Capri Holdings Limited Revenue by Segment; 2022 (Percentage, %)
8.10.3 Business Strategy
8.11 PVH Corp.
8.11.1 Business Overview
8.11.2 Operating Segments
Table 88: PVH Corp. Revenue by Segment; 2022 (Percentage, %)
8.11.3 Business Strategy
8.12 Tapestry, Inc.
8.12.1 Business Overview
8.12.2 Operating Segments
Table 89: Tapestry, Inc. Net Sales by Segment; 2022 (Percentage, %)
8.12.3 Business Strategy
8.13 Giorgio Armani S.p.A.
8.13.1 Business Overview
8.13.2 Business Strategy
8.14 Rolex SA
8.14.1 Business Overview

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