Global Luxury Goods Market Industry 2018 Market Insights, Opportunities, Analysis, Growth Potential and Forecast To 2021


Posted September 10, 2018 by yashshree19

Luxury goods refer to products or services of superior quality

 
Global Luxury Goods Market

Description:-

The “Global Luxury Goods Market 2018: Global Analysis, Industry Size, Share, Trends, Application Analysis and Growth Opportunities Forecast to 2021” report has been added to WiseGuyReports.com Research Database.

Luxury goods refer to products or services of superior quality that are distinguished from normal goods because of their unique craftsmanship, exclusivity and the reputation associated. They are characterized by their quality, price, scarcity, uniqueness, status, ancestral heritage and personal history. Luxury goods can reach the customers in three ways, through retail, wholesale or online. The wholesale route gives wider market exposure; retail channels give the opportunity for having direct contact with the customers, while the online mode gives flexibility to the customers.

Growing affluence and rising consumer consciousness has ensured sustained growth in the global luxury goods market, which is helmed by personal luxury goods at the forefront. Key factors driving this growth are rise in HNWI population, increasing net household wealth, growing wealth inequality, rising internet users and growing urban population. The major trends observed in the market are higher sales via off-price stores, and inclining sales via e-commerce platforms. Further, the growth of this market is hampered by factors such has geopolitical instability, need for better data analysis and struggling Chinese currency.

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The report “Global Luxury Goods Market: Industry Analysis & Outlook (2017-2021)” analyzes the development of this market, with focus on the EMEA, the Americas and Asia-Pacific markets. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: LVMH Moët Hennessy Louis Vuitton SE, Kering SA, Compagnie Financière Richemont SA and Luxottica Group SpA are being profiled along with their key financials and strategies for growth.

Table of Content

Introduction
1.1 Luxury Goods & Characteristics
1.2 Types of Luxury Goods
1.3 Channel of Distribution

Luxury Goods Market
2.1 Global Luxury Goods Market by Value
2.2 Global Luxury Goods Market Forecast by Value
2.3 Global Luxury Goods Market by Products
2.4 Global Luxury Cars Market
2.5 Global Luxury Hotel Market
2.6 Global Luxury Food and Spirits Market

Global Personal Luxury Goods Market
3.1 Market by Value
3.2 Market Forecast by Value
3.3 Market by Consumer Nationality
3.4 Market by Category
3.5 Market by Region
3.5.1 Europe Market by Value
3.5.2 Europe Market Forecast by Value
3.5.3 Middle East Market by Value
3.5.4 Middle East Market Forecast by Value
3.5.5 The Americas Market by Value
3.5.6 The Americas Market Forecast by Value
3.5.7 Japan’s Market by Value
3.5.8 Japan’s Market Forecast by Value
3.5.9 China’s Market by Value
3.5.10 China’s Market Forecast by Value
3.5.11 South Korea Market by Value
3.5.12 South Korea Market Forecast by Value
3.5.13 Australia Market by Value
3.5.14 Australia Market Forecast by Value

Market Dynamics
4.1 Growth Drivers
4.1.1 Rise in Population of HNWIs
4.1.2 Increasing Net Household Wealth
4.1.3 Wealth Inequality to Boost the Sales of Luxury Goods
4.1.4 Rising Internet Users
4.1.5 Growing Urban Population

4.2 Trends
4.2.1 Off Price Stores Gaining Momentum
4.2.2 Rising Sales Via E-Commerce
4.2.3 Chinese Dominance in Client Base but not in Share of Millionaires

4.3 Challenges
4.3.1 Unstable Geopolitical Environment
4.3.2 Information Analysis
4.3.3 Struggling Renminbi (RMB)

Competitive Landscape
5.1 Global Luxury Good Market
5.1.1 Revenue & Market Cap Comparison

5.2 Global Personal Luxury Goods Market
5.2.1 Global Fine Jewellery Brands Comparison
5.2.2 Global Luxury Watch Brand Comparison
5.2.3 Global Premium Handbags Brand Comparison
5.2.4 Global Luxury Footwear Brand Comparison

Continued……….

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Categories Business , Consumer
Tags global luxury goods industry , global luxury goods market trends
Last Updated September 10, 2018