Global Luxury Goods Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Luxury Goods Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Luxury Goods market size was valued at USD 243680 million in 2023 and is forecast to a readjusted size of USD 321080 million by 2030 with a CAGR of 4.0% during review period.

Luxury goods include designer apparels, ornaments, and other expensive merchandises that are typically accessible to the wealthy and often indicate status.

Increase in the number of working women and their economic independence are the key reasons for the market growth for female consumers.

The Global Info Research report includes an overview of the development of the Luxury Goods industry chain, the market status of Individual (Luxury Watches & Jewelry, Apparels And Leather Goods), Commercial (Luxury Watches & Jewelry, Apparels And Leather Goods), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Luxury Goods.

Regionally, the report analyzes the Luxury Goods markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Luxury Goods market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Luxury Goods market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Luxury Goods industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Luxury Watches & Jewelry, Apparels And Leather Goods).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Luxury Goods market.

Regional Analysis: The report involves examining the Luxury Goods market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Luxury Goods market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Luxury Goods:

Company Analysis: Report covers individual Luxury Goods players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Luxury Goods This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Individual, Commercial).

Technology Analysis: Report covers specific technologies relevant to Luxury Goods. It assesses the current state, advancements, and potential future developments in Luxury Goods areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Luxury Goods market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Luxury Goods market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Luxury Watches & Jewelry
Apparels And Leather Goods
Luxury Personal Care & Cosmetics
Wines/Champagne And Spirits
Fragrances
Others

Market segment by Application
Individual
Commercial

Market segment by players, this report covers
LVMH
Kering
Rolex
Tiffany
Coty
Swatch
Prada
Financière Richemont
Hermes
Graff Diamonds
Burberry

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Luxury Goods product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Luxury Goods, with revenue, gross margin and global market share of Luxury Goods from 2019 to 2024.

Chapter 3, the Luxury Goods competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Luxury Goods market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Luxury Goods.

Chapter 13, to describe Luxury Goods research findings and conclusion.