Market Research Consumer Goods Market Research Consumer Goods & Retailing Market Research Luxury Goods Market Research

Global Luxury Goods Market to 2027

Best Price Guarantee Length Publisher Published Date SKU
from $350 45 Pages MarketLine December, 2023 MTLN18457154
Best Price Guarantee
Price from $350
Length 45 Pages
Publisher MarketLine
Published Date December, 2023
SKU MTLN18457154

Global Luxury Goods Market to 2027


Summary
Global Luxury Goods industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The luxury goods market deals with high-end and premium products, which are not considered as essential or necessary for daily living but are rather associated with indulgence and exclusivity. The market value includes retail sales.
  • The US captured the largest share of the global luxury goods market in 2022, accounting for a share of 25.9% in 2022, followed by China capturing a share of 17.8%.
  • The global Luxury goods market had total revenues of $311.3 billion in 2022, representing a compound annual growth rate (CAGR) of 6.8% between 2017 and 2022.
  • The bags & accessories segment accounted for the market's largest proportion in 2022, with total revenues of $90.5 billion, equivalent to 29.1% of the market's overall value.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the luxury goods market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global luxury goods market
  • Leading company profiles reveal details of key luxury goods market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global luxury goods market with five year forecasts
Reasons to Buy
  • What was the size of the Global luxury goods market by value in 2022?
  • What will be the size of the Global luxury goods market in 2027?
  • What factors are affecting the strength of competition in the Global luxury goods market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's luxury goods market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do leading players in the market follow?
7.4. Are there any threats to leading players?
7.5. What have been the recent developments in the market?
8 Company Profiles
8.1. LVMH Moet Hennessy Louis Vuitton SA
8.2. Kering S.A.
8.3. Chanel S.A.
8.4. Compagnie Financiere Richemont SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Global luxury goods market value: $ billion, 2017–22
Table 2: Global luxury goods market category segmentation: % share, by value, 2017–2022
Table 3: Global luxury goods market category segmentation: $ billion, 2017-2022
Table 4: Global luxury goods market geography segmentation: $ billion, 2022
Table 5: Global luxury goods market value forecast: $ billion, 2022–27
Table 6: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 7: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 8: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 9: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 10: Kering S.A.: key facts
Table 11: Kering S.A.: Annual Financial Ratios
Table 12: Kering S.A.: Key Employees
Table 13: Chanel S.A.: key facts
Table 14: Chanel S.A.: Key Employees
Table 15: Compagnie Financiere Richemont SA: key facts
Table 16: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 17: Compagnie Financiere Richemont SA: Key Employees
Table 18: Global exchange rate, 2018–22
List of Figures
Figure 1: Global luxury goods market value: $ billion, 2017–22
Figure 2: Global luxury goods market category segmentation: $ billion, 2017-2022
Figure 3: Global luxury goods market geography segmentation: % share, by value, 2022
Figure 4: Global luxury goods market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the global luxury goods market, 2022
Figure 6: Drivers of buyer power in the global luxury goods market, 2022
Figure 7: Drivers of supplier power in the global luxury goods market, 2022
Figure 8: Factors influencing the likelihood of new entrants in the global luxury goods market, 2022
Figure 9: Factors influencing the threat of substitutes in the global luxury goods market, 2022
Figure 10: Drivers of degree of rivalry in the global luxury goods market, 2022

$350
$525
$700

Research Assistance

US: 800.298.5699
Int'l: +1.240.747.3093
Live help
Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Other tasks

Cookie Settings