Experiential Luxury in South Africa
The hospitality industry in South Africa was brought to a halt by the pandemic due to restrictions on mobility and global travel, leading to several years of double-digit current value declines for experiential luxury (driven by luxury hotels). The country has a rich restaurant culture, and also boasts restaurants that serve Michelin star meals. Luxury hotels hosting high-end restaurants, as well as other high-end independent restaurants in South Africa, were impacted by the restrictions on the...
Euromonitor International's Experiential Luxury in South Africa 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 South Africa
- Euromonitor International
- September 2022
- List Of Contents And Tables
- EXPERIENTIAL LUXURY IN SOUTH AFRICA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Domestic tourism helps to keep South African hospitality industry afloat
- International travel challenges make local market more attractive
- New airlines creating opportunities for South Africa’s travel and tourism market
- PROSPECTS AND OPPORTUNITIES
- Improving connectivity to assist recovery
- New hotels expanding locally but value sales to remain subdued
- Prospects for post-pandemic business-related travel
- 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 SOUTH AFRICA
- 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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