Luxury Goods in South Africa

Luxury Goods in South Africa

Demand for luxury goods in South Africa is traditionally driven by different target audiences; aspirational consumers who want to be associated with luxury brands which are a status symbols which allow them to display an image of success, and affluent consumers who appreciate brands of luxury goods known for their uniqueness, rarity and craftsmanship. Inbound tourists comprise the other main target audience. Pandemic-related restrictions impacted these consumers segments in different ways, in te...

Euromonitor International's Luxury Goods in South Africa report offers a comprehensive guide to the size and shape of the Luxury Goods 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 Luxury Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2026 illustrate how the market is set to change

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Luxury Goods 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.