Category: Luxury Goods
Asia Luxury Goods
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Experiential Luxury in South Korea
... by the outbreak of COVID-19: a focus on services above manufactured goods. This focus has benefited industries, including food service, travel, hotels and holidays, as consumers invest in experiences above physical goods. Due to the ... Read More
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Premium and Luxury Cars in South Korea
... while the macroeconomic situation has less impact on luxury and higher-income consumers in South Korea. Wealth determines the demand for premium and luxury cars, and sales are reliant on high consumer confidence amongst a niche ... Read More
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Personal Luxury in South Korea
... men's designer apparel saw standout growth of 7%. Retail value sales received a boost from inflation, while wealthier consumers continued to desire designer apparel and footwear that represents quality, in addition to status. 13 million ... Read More
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Experiential Luxury in Malaysia
... in Malaysia the government has initiated various incentives to attract visitors. For example, Malaysia has offered visa exemptions for passport holders of The People’s Republic of China from December 2023 to December 2024. Those eligible ... Read More
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Luxury Goods in Malaysia
... number of wealthy individuals in the country. The further expansion of luxury retail space in Malaysia is also providing great growth opportunities for sales of personal luxury goods. For example, The Exchange TRX retail and ... Read More
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Premium and Luxury Cars in Malaysia
... been backed by aggressive new launches from leading brands like BMW and Porsche. Brands like Ferrari have also continued to work on building brand interest and awareness. For instance, the Ferrari Owners Club Malaysia Festival ... Read More
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Personal Luxury in Malaysia
... as luxury leather goods, luxury eyewear and luxury timepieces. Nonetheless, designer apparel and footwear (ready-to-wear) remains the largest category in value terms. Sales have benefited from a growing focus on quality over quantity with consumers ... Read More
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Luxury Goods in India
... The expansion of the aspirational middle-class is a crucial factor contributing to the growth of luxury goods in India. As disposable incomes rise, a larger segment of the population is eager to invest in premium ... Read More
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Premium and Luxury Cars in India
... been experiencing a remarkable uptick in sales in India, and in 2024 it is set to continue its double-digit growth trajectory in retail current value terms. This is being driven by a combination of rising ... Read More
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Experiential Luxury in India
... just a place to stay; they want to spend quality time in luxurious settings that offer a sense of indulgence and relaxation. As hectic schedules leave little room for leisure, short weekend getaways have become ... Read More
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Personal Luxury in India
... of sales, and is also set to remain the fastest growth category in 2024. Notably, designer apparel is expected to outpace designer footwear in terms of growth. Euromonitor International's Personal Luxury in India report offers ... Read More
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Personal Luxury in Turkey
... largely due to an increase in unit prices attributed to inflation, another significant contributor is the resurgence of wealthy tourists, as global travel fully reopens and favourable exchange rates enhance levels of purchasing power. In ... Read More
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Premium and Luxury Cars in Turkey
... a comprehensive guide to the size and shape of the Premium and Luxury Cars market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It ... Read More
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Experiential Luxury in Turkey
... is significantly boosting demand for luxury accommodation and gourmet dining experiences. With travel restrictions having eased, affluent tourists are increasingly seeking unique and exclusive experiences, such as boutique hotels that offer personalised services and exceptional ... Read More
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Luxury Goods in Turkey
... contend with persistently high inflation and elevated interest rates, which are significantly affecting consumer spending, particularly on discretionary items. While inflation eased slightly to 52% in August 2024, down from 62% in August 2023, it ... Read More
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Experiential Luxury in Japan
... strategy to offer unique and memorable experiences to customers. By creating high-end dining options, these brands aim to elevate their appeal, transforming meals into immersive events that reflect their signature style and values. This move ... Read More
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Premium and Luxury Cars in Japan
... with strong growth in 2022 returning sales to above the pre-COVID-19 (2019) level, and stellar growth seen in 2023, led by a record sales year for Lexus, in which it more than doubled its value ... Read More
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Luxury Goods in Japan
... in previous years, there was recovery from the COVID-19-related decline in 2020, sales of luxury goods had already returned to the pre-pandemic (2019) level, therefore limiting the growth prospects in 2024. Nevertheless, sales continue to ... Read More
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Singapore Luxury Hotels and Resorts Market Growth, Size, Trends Analysis- By Type, By Segment- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
... market research, ‘Singapore Luxury Hotels and Resorts Market Size- By Type, By Segment – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Singapore Luxury Hotels and Resorts Market is predicted to ... Read More
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Personal Luxury in Japan
... contributing to this deceleration. Economic uncertainties, including the rising cost of living and fluctuating consumer confidence, have led to more cautious spending, leading some consumers to seek non-luxury brands. Furthermore, popular luxury brands have shifted ... Read More
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Luxury Wines and Spirits Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
... CAGR of around 6.4% during 2025-2034. This report on global luxury wines and spirits systems market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report ... Read More
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Luxury Fashion Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
... 2025-2034. This report on global luxury fashion market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global luxury ... Read More
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Certified Gemstones Market Research Report Information By Gemstones Type (Emerald, Pearl, Ruby, Sapphire, Other Gemstones), Category (Natural, Synthetic), By Distribution Channel (Store, Non-Store), By End-Users (Jewelry and Ornaments, Luxury Arts) And By Region (North America, Europe, Asia-Pacific, and Middle East and Africa, South America) – Industry Forecast Till 2032
... Europe, Asia-Pacific, and Middle East and Africa, South America) – Industry Forecast Till 2032 In 2023, the Certified Gemstones Market Size was estimated to be USD 9992.1 million. During the forecast period (2024-2032), the Certified ... Read More
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Asia Pacific Luxury Hotels Market Size- By Service Type, By Category, By Room Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
... Research, ‘Asia Pacific Luxury Hotels Market Size- By Service Type, By Category, By Room Type, – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Asia Pacific Luxury Hotels Market is estimated ... Read More
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Luxury Apparel Market Research Report Information by Type (Clothing, Footwear, Accessories, Bags/Handbags), by Gender (Male and Female), By Form (Offline and Online), By Consumer Group (Gen Alpha, Gen Z, Millennials, Gen X, Baby Boomers), And by Region (North America, Europe, Asia-Pacific, Rest of World) – Industry Forecast Till 2030
... by Region (North America, Europe, Asia-Pacific, Rest of World) – Industry Forecast Till 2030 The Luxury Apparel market industry is expected to increase at a compound annual growth rate (CAGR) of 4.97% over the forecast ... Read More
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