Category: Luxury Goods
Asia Luxury Goods
-
Experiential Luxury in Thailand
... restrictions eased and consumers turned to “revenge” spending, including on travel and exciting experiences due to greater mobility outside of the home. Nevertheless, the ongoing positive performance of the category is being supported by demand ... Read More
-
Premium and Luxury Cars in Thailand
... Thailand’s economic situation remains uncertain, as it continues to be pressured by high inflation and soft spending power among the local population, the category of premium and luxury cars remains resilient due to the main ... Read More
-
Personal Luxury in Thailand
... continues to recover in 2024. Growth is being supported by the ongoing return of consumers to physical stores, where many Thais and international visitors prefer to visit specialist retailers in person to try on and ... Read More
-
Luxury Goods in Thailand
... as it is a hub for luxury shopping centres such as IconSiam, Siam Paragon, Central Chidlom and Gaysorn Plaza. Euromonitor International's Luxury Goods in Thailand report offers a comprehensive guide to the size and shape ... Read More
-
Luxury Goods in South Korea
... the release of pent-up demand on a post-pandemic landscape and heightened tourism. Strong marketing campaigns that included local influencers drove sales, while new launches offered limited edition products and exclusive ranges. In addition, players offered ... Read More
-
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
-
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
-
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
-
Asia Pacific Luxury Vinyl Tile (LVT) Flooring Market Forecast to 2031 - Regional Analysis - by Type (Rigid and Flexible) and End User (Residential, Commercial, and Institutional)
... market was valued at US$ 7,331.37 million in 2023 and is expected to reach US$ 15,411.86 million by 2031; it is estimated to register at a CAGR of 9.7% from 2023 to 2031. Cost-Effectiveness of ... Read More
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
Research Assistance
