Luxury Goods Market In France 2024-2028
The luxury goods market in France is forecasted to grow by USD 3.69 bn during 2023-2028, accelerating at a CAGR of 3.57% during the forecast period. The report on the luxury goods market in France provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for premium beauty products and cosmetics, expanding millennial and Gen Z consumer base, and growth in online retailing of luxury goods.
Technavio's luxury goods market in France is segmented as below:
By Distribution Channel
By End-user
By Product
- Clothing
- Perfumes and cosmetics
- Watches and jewelry
- Others
This study identifies the rise of sustainable luxury as one of the prime reasons driving the luxury goods market in France growth during the next few years. Also, growing demand for personalized luxury goods and integration of technology in luxury goods will lead to sizable demand in the market.
The report on the luxury goods market in France covers the following areas:
- Luxury goods market in France sizing
- Luxury goods market in France forecast
- Luxury goods market in France industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury goods market in France vendors that include Capri Holdings Ltd., Chanel Ltd., Chow Tai Fook Jewellery Group Ltd., Compagnie Financiere Richemont SA, Coty Inc., Dolce and Gabbana SRL, Giorgio Armani S.p.A., Hermes International SA, Kering SA, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Prada S.p.A, PVH Corp., Ralph Lauren Corp., Rolex SA, Safilo Group Spa, Swarovski AG, Tapestry Inc., The Estee Lauder Companies Inc., The Swatch Group Ltd., and Shiseido Co. Ltd.. Also, the luxury goods market in France analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.