In 2024, experiential luxury in the UK is experiencing sustained high growth, continuing the trend from 2023. High double-digit value growth means experiential luxury is the best-performing category in overall luxury goods in the UK. The strong performance of this category can be primarily attributed to luxury hotels and additional experiences that are being leveraged to increase the guest experience. As seen across many spending brackets, wealthy consumers are also shifting their focus towards...
Euromonitor International's Experiential Luxury in United Kingdom 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 the United Kingdom
Euromonitor International
October 2024
List Of Contents And Tables
EXPERIENTIAL LUXURY IN THE UNITED KINGDOM
KEY DATA FINDINGS
2024 DEVELOPMENTS
The ongoing value behind experiences as part of luxury lifestyles
Leveraging sustainability and AI drives experiential luxury’s development
Both tradition and innovation feature in the competitive landscape
PROSPECTS AND OPPORTUNITIES
Luxury footprint expanding beyond long-established UK cities
Sustainable experiential luxury will continue to be a cornerstone for new openings
Heritage, health and harmony to determine future developments
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 UNITED KINGDOM
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