Category: Luxury Goods
Asia Luxury Goods
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Personal Luxury in India
... consumers have become increasingly used to wearing comfortable apparel and footwear whilst at home. Apart from a change in habits, brands have been strongly promoting athleisure wear. This need for comfortable apparel has also resulted ... Read More
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Personal Luxury in Malaysia
... apparel and footwear brands are focusing on athleisure ranges. These target millennial luxury shoppers and the emerging athleisure style trend, which has been particularly strong since the easing of lockdown, with people increasingly demanding more ... Read More
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Luxury Goods in Malaysia
... rebound in 2021, with this trend continuing into 2022. Experiential luxury was by far the top performer during the latter year, with the re-opening of the country’s borders during the second quarter of the year ... Read More
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Luxury Goods in India
... country experienced a third wave in early 2022 as a result of the Omicron variant of COVID-19 emerging, its impact was not prolonged. Hence, 2022 is proving to be significant in terms of recovery for ... Read More
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Premium and Luxury Cars in India
... both companies and consumers were used to fuel-guzzling cars. This required a change in mindset, with government authorities in India and globally as well as consumers becoming increasingly aware and agreeable on making the shift ... Read More
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Premium and Luxury Cars in Thailand
... in market conditions, stay connected with consumers and maintain brand awareness. For instance, virtual showrooms and virtual motor show exhibitions were rolled out by some luxury car companies in an effort to continue to attract ... Read More
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Premium and Luxury Cars in Malaysia
... environment, this recovery was supported the temporary elimination of sales tax on locally assembled vehicles. Imported cars benefited from a 50% reduction in sales tax. The Malaysian Automotive Association has urged the government to extend ... Read More
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Experiential Luxury in India
... which they had missed out on in 2020 and largely in 2021 due to two major pandemic waves. This stabilisation is resulting in the smooth opening and operation of social spaces and tourist spots, resulting ... Read More
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Experiential Luxury in Thailand
... improved performance expected in 2022, with luxury hotels returning to growth, is set to be supported by Thailand’s re-opening and the relaxing of pandemic regulations. Euromonitor International's Experiential Luxury in Thailand report offers a comprehensive ... Read More
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Premium and Luxury Cars in Indonesia
... rate during 2022. Indeed, retail volume sales exceeded their 2017 peak during the year. The economic shock of the pandemic had no more than a limited effect on the wealth of the most affluent local ... Read More
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Luxury Goods in Indonesia
... Achilles’ heel for the entire industry, as many people remained very reluctant to visit shopping centres and retail stores for fear of contracting the virus. While demand shifted to e-commerce, retail constant value sales (2022 ... Read More
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Experiential Luxury in Indonesia
... 2022. However, they remained well below their pre-pandemic peak. This recovery was mainly driven by local consumers, as inbound tourism remained well below pre-pandemic levels. However, this forced most luxury hotels to reduce their pricing. ... Read More
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Personal Luxury in Indonesia
... during 2021, and this process continued into 2022 – albeit at a markedly slower pace. Retail constant value sales are forecast to exceed their pre-pandemic peak by 2024. Long-term growth in demand for designer apparel ... Read More
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Premium and Luxury Cars in Singapore
... of social media platforms such as Instagram and TikTok. Despite notable declines in 2020, sales of premium and luxury cars were not as significantly impacted by the pandemic as non-luxury cars. In fact, 2022 is ... Read More
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Experiential Luxury in Singapore
... Travel Lane scheme with other participating countries and the relaxation of more travel-related pandemic measures. Other than inbound tourists, the ongoing improving performance of luxury hotels can be attributed to SingapoRediscovers, which aims to encourage ... Read More
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Luxury Goods in Singapore
... to the effects brought about by the encouraging vaccination and booster rates, a relaxation of pandemic-related restrictions and the opening of Singapore’s borders to tourists from a wider range of countries, which is resulting in ... Read More
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Personal Luxury in Singapore
... seen in the early stages of the pandemic has continued, with sales of designer apparel and footwear (ready-to-wear) set to record further double-digit value growth in 2022. Since the emergence of the pandemic, luxury brands ... Read More
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Experiential Luxury in China
... the momentum in the category is expected to witness a slowdown due to outbreaks of the highly transmissible Omicron variant of the virus starting from early 2022. This has resulted in many regional and city-wide ... Read More
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Premium and Luxury Cars in China
... Despite the adverse impact of chip shortages and the high prices of raw materials, which led to a slowdown in the production of major car manufacturers, premium and luxury cars sustained its growth in 2021. ... Read More
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Personal Luxury in China
... spread to many regions across China, will hurt sales of designer apparel and footwear, especially in the second quarter, which is expected to contribute to continued but slower growth in the year overall. As trying-on ... Read More
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Luxury Goods in China
... quarter it was faced with high uncertainty, given the rapid spread of the Omicron variant of COVID-19, which led to full or partial lockdown in dozens of cities in China. A “pause button” has been ... Read More
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India’s Macroeconomic Opportunities, 2030
... slowing economic conditions and the COVID-19 pandemic in 2019 and 2020, respectively, the Indian economy is gradually returning to a sustained growth trajectory with an 8.2% growth forecast for 2021-22. As external headwinds to economic ... Read More
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India Gin Market, By Product Type (Economy, Premium & Luxury), and By Zone (North, South, East, West) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
... distilled alcoholic beverage that is produced from grain and various flavors with botanicals. This alcohol beverage produced from range of cereal grains such as rye, barley, corn, and wheat. The aroma and flavors in gin ... Read More
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Asia-Pacific Luxury Bath And Body Products Market Databank
... of 4.59% from 2021 to 2029. Body Oil segment is expected to be the highest contributor to this market, with $6,776.8 Million in 2020, and is anticipated to reach $10,041.7 Million by 2029, registering a ... Read More
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Asia-Pacific Luxury Cigar Market Databank
... Hand Rolled segment is expected to be the highest contributor to this market, with $8,962.8 Million in 2020, and is anticipated to reach $23,750.8 Million by 2029, registering a CAGR of 11.48%. Machine Rolled segment ... Read More
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