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Luxury Goods Industry: Market Research Reports, Statistics and Analysis

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(Photo: Stock.xchng)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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1-10 of 44 reports

Luxury Market in China

  • Industry report
  • December 2010
  • 5 pages

... As in airports in china. In addition, proceeds from the ipo will support marketing and brand building activities, establish limited own production activities for the luxury segment and will strengthen its ...

  • Industries: Luxury Food
  • Countries: China, United States

Luxury Market in China

  • Industry report
  • December 2010
  • 5 pages

... Within the luxury segment, powerland is active in the chinese market for luxury products and sells fashionable ladies' handbags, luggage, wallets and since 2010 also handbags for men, briefcases ...

  • Industries: Luxury Food
  • Countries: China, United States

U.S. Lobster Industry Brief

  • Industry report
  • November 2010
  • 26 pages
  • by Research Paper

... Net income fishing enterprises landings egg production management measures lobster population natural mortality sexual maturity egg extrusion larval release molt and growth fishery market ...

  • Industries: Luxury Food
  • Countries: United States

Luxury Industry in India

  • Industry report
  • September 2010
  • 2 pages
  • Industries: Luxury Food
  • Countries: India

The Polish Luxury Industry Analysis

  • Industry report
  • September 2010
  • 88 pages
  • by Corporation

... The highest awareness. The luxury goods market in poland seems to have optimistic growth prospects. One reason is that only a half of the world S major luxury brands are directly present in poland while ...

  • Industries: Luxury Food
  • Countries: Poland

Luxury Industry in Florida State

  • Industry report
  • September 2010
  • 11 pages
  • by Trade Association

... It available online. Want to dominate your luxury market Brand yourself as The luxury expert luxury expert creating your market update report is a key way to do this 9/8/2010 1 luxury home marketing ...

  • Industries: Luxury Food
  • Countries: United States

Luxury Food Business in the United States

  • Industry report
  • August 2010
  • 8 pages
  • Industries: Luxury Food
  • Countries: United States

U.S. Luxury Sector Brief

  • Industry report
  • August 2010
  • 14 pages

... luxury market While the low end of the distressed market is trading at high volume, the luxury market remains stagnant Pricing in the luxury market remains unrealistic especially when compared to banks ...

  • Industries: Luxury Food
  • Countries: United States

The Polish Luxury Sector Analysis

  • Industry report
  • August 2010
  • 88 pages
  • by Corporation

... The highest awareness. The luxury goods market in poland seems to have optimistic growth prospects. One reason is that only a half of the world S major luxury brands are directly present in poland while ...

  • Industries: Luxury Food
  • Countries: Poland

Truffle Market in New Zealand

  • Industry report
  • July 2010
  • 8 pages

... Black truffle production, and its support industry, is in its infancy in new zealand. As such, our knowledge of how to grow and market truffles is incomplete. There is a significant risk associated ...

  • Industries: Luxury Food
  • Countries: New Zealand
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Designer Apparel (Ready-To-Wear) in Japan

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  • Industry report
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  • by Euromonitor International

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