Experiential Luxury in the US
The robust bounce-back in global travel has continued in 2024, marking a significant milestone, as travel flows are set to surpass the pre-COVID-19 level for the first time. 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 luxury is expected to slow in 2024 compared with previous years, it is still set to experience health...
Euromonitor International's Experiential Luxury in USA report offers a comprehensive guide to the size and shape of the Experiential Luxury market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Experiential Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2028 illustrate how the market is set to change
Product coverage: Luxury Foodservice, Luxury Hotels.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Experiential Luxury market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
- Experiential Luxury in the US
- Euromonitor International
- November 2024
- List Of Contents And Tables
- EXPERIENTIAL LUXURY IN THE US
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Holistic experiences drive growth in luxury hotels, while luxury foodservice thrives with new healthy and personalised menu options
- A successful brand evolution at the right time and place: Marriott International maintains its lead in experiential luxury
- Customers look to regenerative travel options to make an impact
- PROSPECTS AND OPPORTUNITIES
- Experience is king: Customer preference for luxury, memorable experiences will boost the growth of experiential luxury over the forecast period
- Wellbeing and sustainability expected to be the focus of new luxury hotel openings
- New openings in strategic locations will bring an additional boost to experiential luxury through cultural heritage and unique adventure offerings
- CATEGORY DATA
- Table 1 Sales of Experiential Luxury by Category: Value 2019-2024
- Table 2 Sales of Experiential Luxury by Category: % Value Growth 2019-2024
- Table 3 NBO Company Shares of Experiential Luxury: % Value 2019-2023
- Table 4 LBN Brand Shares of Experiential Luxury: % Value 2020-2023
- Table 5 Forecast Sales of Experiential Luxury by Category: Value 2024-2029
- Table 6 Forecast Sales of Experiential Luxury by Category: % Value Growth 2024-2029
- LUXURY GOODS IN THE US
- EXECUTIVE SUMMARY
- Luxury goods in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retailing developments
- What next for luxury goods?
- MARKET DATA
- Table 7 Sales of Luxury Goods by Category: Value 2019-2024
- Table 8 Sales of Luxury Goods by Category: % Value Growth 2019-2024
- Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2019-2024
- Table 10 NBO Company Shares of Luxury Goods: % Value 2019-2023
- Table 11 LBN Brand Shares of Luxury Goods: % Value 2020-2023
- Table 12 Distribution of Luxury Goods by Format and Category: % Value 2024
- Table 13 Forecast Sales of Luxury Goods by Category: Value 2024-2029
- Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2024-2029
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Research Assistance
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