Luxury Goods Industry Market Research & Statistics

Global Luxury Goods Industry

 

The global luxury goods industry should exceed $307 billion by 2015, according to research from private firm Global Industry Analysts. The market will be driven by rising income as the economy recovers after the recession. Other relevant factors to the market include consumer diversification, as there is a shift in target demographics away from very affluent consumers, and a change in lifestyles that means luxury goods are attainable to a wider population. Luxury products include clothing, footwear, jewelry, handbags, wines, yachts, perfumes, watches and cosmetics.

 

Luxury goods manufacturers meet consumer demand by focusing on brand, aesthetics, quality materials, superior craftsmanship and pricing to transform everyday objects into status symbols. The industry rises and falls in tandem with gross domestic product, seeing demand climb in times of economic stability and plummeting in unfavorable economic climates as consumers cut back on non-essential spending.

 

Asia-Pacific is expected to record almost 16% annual growth in luxury goods between 2007 and 2015. Luxury watches represent the leading market segment in terms of value with over 17% of the overall market, while cosmetics represent the fastest-growing market segment.

 

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Global Luxury Good Analysis

  • Worldwide Luxury Markets Monitor
  • May 2014
    26 pages
  • Luxury Good  

  • World  

    China  

    Europe  

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Luxury Goods Analysis in the US

  • The Luxury Consumer
  • November 2013
    14 pages
  • Luxury Goods  

  • United States  

    World  

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Luxury Good Sales Demand in Europe

  • Economic Outlook
  • March 2013
    6 pages
  • Luxury Good  

  • Europe  

    China  

    World  

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Luxury Goods Market Analysis in Japan

  • Standing Tall: Japan's Resilient Luxury Market
  • June 2012
    9 pages
  • Luxury Goods  

  • Japan  

    Asia  

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Luxury Good Markets in the UK

  • Luxury Report
  • January 2013
    23 pages
  • Luxury Good  

  • United Kingdom  

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Luxury Goods Markets in Brazil - Forecast

  • Luxury Market Focus: Brazil
  • January 2014
    6 pages
  • Luxury Goods  

  • Brazil  

    South America  

    Italy  

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Luxury Goods Market Analysis in Russia and South Africa - Forecast

  • Cars and Luxury Goods: Complements or Substitutes for Share of C...
  • December 2013
    8 pages
  • Luxury Goods  

    Luxury Good  

    Passenger Car  

  • Russian Federat...  

    South Africa  

    China  

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Luxury Goods Analysis in India

  • India Luxury Summit 2014
  • January 2014
    40 pages
  • Luxury Goods  

    Luxury Market  

  • India  

    Asia  

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Luxury Goods Analysis in China

  • 2013 China Luxury Market Study
  • December 2013
    25 pages
  • Luxury Goods  

    Luxury Good  

  • China  

    Asia  

    World  

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Luxury Goods Imports in North Korea

  • Academic Paper Series
  • December 2013
    10 pages
  • Luxury Goods  

  • North Korea  

    China  

    South Korea  

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Future of the Global Luxury Vehicle Market

Future of the Global Luxury Vehicle Market

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Brand Differentiation and Competitive Pressures to Revolutionize the Luxury Vehicle Market by 2020 The aim of this research service is to provide a strategic overview of the global luxury vehicle market. ...

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Designer Apparel (ready-to-wear) In The Philippines

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Designer Apparel (ready-to-wear) In Malaysia

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Luxury Electronic Gadgets In Malaysia

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Designer Apparel (ready-to-wear) In Italy

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