Value sales of experiential luxury are set to more than double in Argentina over the course of 2024, mostly because of prices increasing due to high rates of inflation. 2023 was a year in which inbound tourism grew significantly in Argentina due to the existence of two types of value ??for the US dollar, with illegal dollars double the value of official dollars. As a result, the country was very cheap for international tourists.
Euromonitor International's Experiential Luxury in Argentina 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
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 Argentina
Euromonitor International
October 2024
List Of Contents And Tables
EXPERIENTIAL LUXURY IN ARGENTINA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Fall in tourism due to rising prices in the country affects the luxury hotel segment in 2024
Casa Lucia, the first Único Hotels project outside Spain, opens in the luxurious neighbourhood of Recoleta
Large international groups have limited presence in luxury hotels in Argentina
PROSPECTS AND OPPORTUNITIES
Greater connectivity and more luxury orientated offer to boost the arrival of international tourists
Minor Hotels group opening new projects in the context of low priced properties
Argentine restaurants recognised by the Michelin Guide
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 ARGENTINA
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