Experiential Luxury in Italy

Experiential Luxury in Italy


Tourist visitor levels in Italy were seen to recover in 2023, despite global macroeconomic pressures such as high inflation and the rapid escalation of living costs. This is an improvement on previous years when the pandemic was preventing people from travelling. There is also a desire amongst consumers to spend on experiences rather than material possessions. As a result, value sales of experiential luxury are set to grow by 17% in current terms to total EUR822 million in 2023, boosted by wealt...

Euromonitor International's Experiential Luxury in Italy 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 2027 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 Italy
Euromonitor International
October 2023
List Of Contents And Tables
EXPERIENTIAL LUXURY IN ITALY
KEY DATA FINDINGS
2023 DEVELOPMENTS
Experiential luxury on the rise in 2023 as tourists return
Luxury hotels records highest value increase within category overall in 2023
Leading chains of luxury hotels on the path to recovery in 2023 with Marriott International at the helm
PROSPECTS AND OPPORTUNITIES
Retail value sales expected to rise over forecast period
Luxury hotels is expected to see the best performance over the forecast period
Operators will need to adjust to the changing demands of consumers with a focus on wellbeing and sustainability
CATEGORY DATA
Table 1 Sales of Experiential Luxury by Category: Value 2018-2023
Table 2 Sales of Experiential Luxury by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Experiential Luxury: % Value 2018-2023
Table 4 LBN Brand Shares of Experiential Luxury: % Value 2019-2022
Table 5 Forecast Sales of Experiential Luxury by Category: Value 2023-2028
Table 6 Forecast Sales of Experiential Luxury by Category: % Value Growth 2023-2028
LUXURY GOODS IN ITALY
EXECUTIVE SUMMARY
Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2018-2023
Table 8 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 10 NBO Company Shares of Luxury Goods: % Value 2018-2023
Table 11 LBN Brand Shares of Luxury Goods: % Value 2019-2023
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 13 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources

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