Global Luxury Goods Market

- Size, Trend, Share, Opportunity Analysis & Forecast 2014-2025

  • Date Consumer Goods
  • Date April 2017
  • price $3619
 
 

Luxury Goods Market - A Global Strategic Market Report

The global luxury goods market is expected to grow at a CAGR of 4.1% from 2017 to 2023. Luxury goods are goods for which demand increases as the income levels of people rise. Luxury goods are also known as superior goods and Veblen goods. They have a high-income elasticity of demand, in which people get wealthier and spend more on them. While, if people’s income levels decrease, the demand also decreases. However, the elasticity of demand is independent of income. The luxury goods market size may decrease as people become richer and but stop buying them. Moreover, the variation in the luxury goods market share does not depend on the quality. Then a luxury good may become a normal good or sometimes, an inferior good. These goods often come with special Luxury packaging to separate them from other products from mainstream competitors. Classic luxury goods include accessories, clothing, and luggage. There are markets which include luxury segments such as automobile, yacht, coffee, wine, tea, watches, foods, jewelry, feminine hygiene products, and others.

Drivers & Restraints:

The global luxury goods industry is driven by increase in spending capacity of consumers, rise in living standards of people, and sudden growth in online marketing. However, low number of branded outlets especially in developing regions restrain growth of the market. On the other hand, globalization, diversification, and consolidation in the world offer more opportunities in the industry.

Luxury Goods Market Key Segmentation:

The global luxury goods market is segmented into product type, gender, distribution channel, and geography. Based on product type, the market is sub-segmented into jewelery, designer wear & footwear, champagne/wine, cosmetics, and others. The market is further classified based on gender into female and male. Moreover, distribution channel segment is divided into online and retail.

Geographically, the luxury goods industry is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America is further divided into U.S., Canada, and Mexico. European region is classified in the study into U.K., Germany, France, and rest of the Europe. Moreover, Asia-Pacific region is divided into China, Japan, India, South Korea, and rest of Asia-Pacific. LAMEA region is further classified into Brazil, Saudi Arabia, South Africa, and rest of LAMEA.

Market Players:

The leading players operating in the global luxury goods market include LOreal International, The Sheiseido Company Ltd., LVMH group, Ralph Lauren Corp., Prada S.p.A, The Estee Lauder, Swatch Group, Luxottica Group, and others. Expansions, collaborations, partnerships, joint ventures, mergers & acquisitions, new product launches, and others are few strategies adopted by these market players to gain stronghold in the market.

MARKET LANDSCAPE

By Product Type

  • Jewelry
  • Designer wear and footwear
  • Cosmetics
  • Champagne/wine
  • Others

By Gender

  • Female
  • Male

By Distribution Channel

  • Online
  • Retail

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of the Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
Key Benefits
  • This study offers the global luxury goods market analysis with current trends and estimations for the future to determine the imminent investment pockets.
  • The global luxury goods market statistics in the report offer strategies to be adopted to gain profit and a stronger foothold.
  • The report provides detailed information on drivers, restraints, and opportunities along with an extensive impact analysis.
  • The global luxury goods market trends are analyzed from 2014 to 2025 to outline the financial investments and market.
  • Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers are highlighted in the global luxury goods market report.
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restraints and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Luxury Goods Market Shares Analysis, 2014-2025
3.4.1. Global Luxury Goods Market Share by product type, 2014-2025
3.4.2. Global Luxury Goods Market Share by distribution channel, 2014-2025
3.4.3. Global Luxury Goods Market Share by gender, 2014-2025
3.4.4. Global Luxury Goods Market Share by geography, 2014-2025
4. Global Luxury Goods Market by Product Type
4.1. Jewelry
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.1.3. Designer wear and footwear
4.1.3.1. Historical Market Size by Region, 2014-2016
4.1.3.2. Market Forecast by Region, 2017-2025
4.1.4. Cosmetics
4.1.4.1. Historical Market Size by Region, 2014-2016
4.1.4.2. Market Forecast by Region, 2017-2025
4.1.5. Champaigne/wine
4.1.5.1. Historical Market Size by Region, 2014-2016
4.1.5.2. Market Forecast by Region, 2017-2025
4.1.6. Others
4.1.6.1. Historical Market Size by Region, 2014-2016
4.1.6.2. Market Forecast by Region, 2017-2025
5. Global Luxury Goods Market by Distribution Channel
5.1. Online
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Retail
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
6. Global Luxury Goods Market by Gender
6.1. Male
6.1.1. Historical Market Size by Region, 2014-2016
6.1.2. Market Forecast by Region, 2017-2025
6.2. Female
6.2.1. Historical Market Size by Region, 2014-2016
6.2.2. Market Forecast by Region, 2017-2025
7. Global Luxury Goods Market by Geography
7.1. North America
7.1.1. U.S.
7.1.1.1. Historical Market Size, 2014-2016
7.1.1.2. Market Forecast, 2017-2025
7.1.2. Canada
7.1.2.1. Historical Market Size, 2014-2016
7.1.2.2. Market Forecast, 2017-2025
7.1.3. Mexico
7.1.3.1. Historical Market Size, 2014-2016
7.1.3.2. Market Forecast, 2017-2025
7.2. Europe
7.2.1. UK
7.2.1.1. Historical Market Size, 2014-2016
7.2.1.2. Market Forecast, 2017-2025
7.2.2. Germany
7.2.2.1. Historical Market Size, 2014-2016
7.2.2.2. Market Forecast, 2017-2025
7.2.3. France
7.2.3.1. Historical Market Size, 2014-2016
7.2.3.2. Market Forecast, 2017-2025
7.2.4. Rest of Europe
7.2.4.1. Historical Market Size, 2014-2016
7.2.4.2. Market Forecast, 2017-2025
7.3. Asia-Pacific
7.3.1. China
7.3.1.1. Historical Market Size, 2014-2016
7.3.1.2. Market Forecast, 2017-2025
7.3.2. Japan
7.3.2.1. Historical Market Size, 2014-2016
7.3.2.2. Market Forecast, 2017-2025
7.3.3. India
7.3.3.1. Historical Market Size, 2014-2016
7.3.3.2. Market Forecast, 2017-2025
7.3.4. South Korea
7.3.4.1. Historical Market Size, 2014-2016
7.3.4.2. Market Forecast, 2017-2025
7.3.5. Rest of Asia-Pacific
7.3.5.1. Historical Market Size, 2014-2016
7.3.5.2. Market Forecast, 2017-2025
7.4. LAMEA
7.4.1. Brazil
7.4.1.1. Historical Market Size, 2014-2016
7.4.1.2. Market Forecast, 2017-2025
7.4.2. Saudi Arabia
7.4.2.1. Historical Market Size, 2014-2016
7.4.2.2. Market Forecast, 2017-2025
7.4.3. South Africa
7.4.3.1. Historical Market Size, 2014-2016
7.4.3.2. Market Forecast, 2017-2025
7.4.4. Rest of LAMEA
7.4.4.1. Historical Market Size, 2014-2016
7.4.4.2. Market Forecast, 2017-2025
8. Company profiles
8.1. L’Oreal International
8.1.1. Overview
8.1.2. Financials and business segments
8.1.3. Recent developments
8.2. LVMH Group
8.2.1. Overview
8.2.2. Financials and business segments
8.2.3. Recent developments
8.3. The Shiseido Group
8.3.1. Overview
8.3.2. Financials and business segments
8.3.3. Recent developments
8.4. Prada S.p.A.
8.4.1. Overview
8.4.2. Financials and business segments
8.4.3. Recent developments
8.5. Ralph Lauren Corp.
8.5.1. Overview
8.5.2. Financials and business segments
8.5.3. Recent developments
8.6. Swatch Group
8.6.1. Overview
8.6.2. Financials and business segments
8.6.3. Recent developments
8.7. The Estee Lauder
8.7.1. Overview
8.7.2. Financials and business segments
8.7.3. Recent developments
8.8. Luxottica Group
8.8.1. Overview
8.8.2. Financials and business segments
8.8.3. Recent developments

List of Tables

Table 1. Luxury Goods Market Share, by Product Type, 2014-2025, (%)
Table 2. Luxury Goods Market Share, by Gender, 2014-2025, (%)
Table 3. Luxury Goods Market Share, by Distribution Channel, 2014-2025, (%)
Table 4. Luxury Goods Market Value for Jewelery, by Region, 2017-2025, $million
Table 5. Luxury Goods Market Value for Designer Wear and Footwear, by Region, 2017-2025, $million
Table 6. Luxury Goods Market Value for Cosmetics, by Region, 2017-2025, $million
Table 7. Luxury Goods Market Value for Champaigne/Wine, by Region, 2017-2025, $million
Table 8. Luxury Goods Market Value for Others, by Region, 2017-2025, $million
Table 9. Luxury Goods Market Value for Male, by Region, 2017-2025, $million
Table 10. Luxury Goods Market Value for Female, by Region, 2017-2025, $million
Table 11. Luxury Goods Market Value for Online, by Region, 2017-2025, $million
Table 12. Luxury Goods Market Value for Retail, by Region, 2017-2025, $million
Table 13. Luxury Goods Market Value for North America, by Country, 2014-2025, $million
Table 14. Luxury Goods Market Value for North America, by Product Type, 2014-2025, $million
Table 15. Luxury Goods Market Value for North America, by Gender, 2014-2025, $million
Table 16. Luxury Goods Market Value for North America, by Distribution Channel, 2014-2025, $million
Table 17. Luxury Goods Market Value for Europe, by Country, 2014-2025, $million
Table 18. Luxury Goods Market Value for Europe, by Product Type, 2014-2025, $million
Table 19. Luxury Goods Market Value for Europe, by Gender, 2014-2025, $million
Table 20. Luxury Goods Market Value for Europe, by Distribution Channel, 2014-2025, $million
Table 21. Luxury Goods Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 22. Luxury Goods Market Value for Asia-Pacific, by Product Type, 2014-2025, $million
Table 23. Luxury Goods Market Value for Asia-Pacific, by Gender, 2014-2025, $million
Table 24. Luxury Goods Market Value for Asia-Pacific, by Distribution Channel, 2014-2025, $million
Table 25. Luxury Goods Market Value for LAMEA, by Country, 2014-2025, $million
Table 26. Luxury Goods Market Value for LAMEA, by Product Type, 2014-2025, $million
Table 27. Luxury Goods Market Value for LAMEA, by Gender, 2014-2025, $million
Table 28. Luxury Goods Market Value for LAMEA, by Distribution Channel, 2014-2025, $million
Table 29. L'Oreal International - Company Snapshot
Table 30. LVMH Group - Company Snapshot
Table 31. The Shiseido Group - Company Snapshot
Table 32. Prada S.p.A. - Company Snapshot
Table 33. Ralph Lauren Corp. - Company Snapshot
Table 34. Swatch Group - Company Snapshot
Table 35. The Estee Lauder - Company Snapshot
Table 36. Luxottica Group - Company Snapshot

List of Figures

Figure 1. Luxury Goods: Jewelery Market Value, 2014-2016, $million
Figure 2. Luxury Goods: Designer Wear and Footwear Market Value, 2014-2016, $million
Figure 3. Luxury Goods: Cosmetics Market Value, 2014-2016, $million
Figure 4. Luxury Goods: Champaigne/Wine Market Value, 2014-2016, $million
Figure 5. Luxury Goods: Others Market Value, 2014-2016, $million
Figure 6. Luxury Goods: Male Market Value, 2014-2016, $million
Figure 7. Luxury Goods: Female Market Value, 2014-2016, $million
Figure 8. Luxury Goods: Online Market Value, 2014-2016, $million
Figure 9. Luxury Goods: Retail Market Value, 2014-2016, $million
Figure 10. Luxury Goods: Jewelery Market Value, 2014-2016, $million
Figure 11. Luxury Goods: Designer Wear and Footwear Market Value, 2014-2016, $million
Figure 12. Luxury Goods: Cosmetics Market Value, 2014-2016, $million
Figure 13. Luxury Goods: Champaigne/Wine Market Value, 2014-2016, $million
Figure 14. Luxury Goods: Others Market Value, 2014-2016, $million
Figure 15. Luxury Goods: Male Market Value, 2014-2016, $million
Figure 16. Luxury Goods: Female Market Value, 2014-2016, $million
Figure 17. Luxury Goods: Online Market Value, 2014-2016, $million
Figure 18. Luxury Goods: Retail Market Value, 2014-2016, $million
Figure 19. Luxury Goods: U.S. Market Value, 2017-2025, $million
Figure 20. Luxury Goods: Canada Market Value, 2014-2016, $million
Figure 21. Luxury Goods: Canada Market Value, 2017-2025, $million
Figure 22. Luxury Goods: Mexico Market Value, 2014-2016, $million
Figure 23. Luxury Goods: Mexico Market Value, 2017-2025, $million
Figure 24. Luxury Goods: UK Market Value, 2014-2016, $million
Figure 25. Luxury Goods: UK Market Value, 2017-2025, $million
Figure 26. Luxury Goods: Germany Market Value, 2014-2016, $million
Figure 27. Luxury Goods: Germany Market Value, 2017-2025, $million
Figure 28. Luxury Goods: France Market Value, 2014-2016, $million
Figure 29. Luxury Goods: France Market Value, 2017-2025, $million
Figure 30. Luxury Goods: Spain Market Value, 2014-2016, $million
Figure 31. Luxury Goods: Spain Market Value, 2017-2025, $million
Figure 32. Luxury Goods: Italy Market Value, 2014-2016, $million
Figure 33. Luxury Goods: Italy Market Value, 2017-2025, $million
Figure 34. Luxury Goods: Rest of Europe Market Value, 2014-2016, $million
Figure 35. Luxury Goods: Rest of Europe Market Value, 2017-2025, $million
Figure 36. Luxury Goods: China Market Value, 2014-2016, $million
Figure 37. Luxury Goods: China Market Value, 2017-2025, $million
Figure 38. Luxury Goods: Japan Market Value, 2014-2016, $million
Figure 39. Luxury Goods: Japan Market Value, 2017-2025, $million
Figure 40. Luxury Goods: India Market Value, 2014-2016, $million
Figure 41. Luxury Goods: India Market Value, 2017-2025, $million
Figure 42. Luxury Goods: Australia Market Value, 2014-2016, $million
Figure 43. Luxury Goods: Australia Market Value, 2017-2025, $million
Figure 44. Luxury Goods: South Korea Market Value, 2014-2016, $million
Figure 45. Luxury Goods: South Korea Market Value, 2017-2025, $million
Figure 46. Luxury Goods: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 47. Luxury Goods: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 48. Luxury Goods: Brazil Market Value, 2014-2016, $million
Figure 49. Luxury Goods: Brazil Market Value, 2017-2025, $million
Figure 50. Luxury Goods: Saudi Arabia Market Value, 2014-2016, $million
Figure 51. Luxury Goods: Saudi Arabia Market Value, 2017-2025, $million
Figure 52. Luxury Goods: South Africa Market Value, 2014-2016, $million
Figure 53. Luxury Goods: South Africa Market Value, 2017-2025, $million
Figure 54. Luxury Goods: Rest of LAMEA Market Value, 2014-2016, $million
Figure 55. Luxury Goods: Rest of LAMEA Market Value, 2017-2025, $million
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