Experiential Luxury in Singapore
A return to strong growth for experiential luxury was evident in 2021 with further momentum expected over 2022. 2021 witnessed an increase in tourist numbers into Singapore due to the Vaccinated Travel Lane scheme with other participating countries and the relaxation of more travel-related pandemic measures. Other than inbound tourists, the ongoing improving performance of luxury hotels can be attributed to SingapoRediscovers, which aims to encourage local consumers to explore their own country.
Euromonitor International's Experiential Luxury in Singapore 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 2026 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 Singapore
- Euromonitor International
- July 2022
- List Of Contents And Tables
- EXPERIENTIAL LUXURY IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Rebound in 2021, with full recovery expected over 2022
- Hotels offering more flexible food and beverage services
- Pricing promotions and deals to attract consumers
- PROSPECTS AND OPPORTUNITIES
- Resumption of global and regional tourism
- Organisation of more MICE events
- Hotels going green
- CATEGORY DATA
- Table 1 Sales of Experiential Luxury by Category: Value 2017-2022
- Table 2 Sales of Experiential Luxury by Category: % Value Growth 2017-2022
- Table 3 NBO Company Shares of Experiential Luxury: % Value 2017-2021
- Table 4 LBN Brand Shares of Experiential Luxury: % Value 2018-2021
- Table 5 Forecast Sales of Experiential Luxury by Category: Value 2022-2027
- Table 6 Forecast Sales of Experiential Luxury by Category: % Value Growth 2022-2027
- LUXURY GOODS IN SINGAPORE
- EXECUTIVE SUMMARY
- Luxury goods in 2022: The big picture
- 2022 key trends
- Competitive landscape
- Retailing developments
- What next for luxury goods?
- MARKET DATA
- Table 7 Sales of Luxury Goods by Category: Value 2017-2022
- Table 8 Sales of Luxury Goods by Category: % Value Growth 2017-2022
- Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
- Table 10 NBO Company Shares of Luxury Goods: % Value 2017-2021
- Table 11 LBN Brand Shares of Luxury Goods: % Value 2018-2021
- Table 12 Distribution of Luxury Goods by Format and Category: % Value 2022
- Table 13 Forecast Sales of Luxury Goods by Category: Value 2022-2027
- Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
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