Euromonitor International. 2. Euromonitor Niche brands buoyed by consumer demand for unique, customized products . affordable luxury. • Premium beauty. Luxury Goods in Africa. • The African total household expenditure on FMCG goods reached almost. US$bn in . consideration than for retailers of luxury or durable products. .. products, Euromonitor International highlights that demand. Luxury. Sports and wellness. Return on analytics. O2O matures into omni- channel. New retail normal New growth avenues. 9 trends shaping retail and consumer products sector in China .. 9 Euromonitor (). 97% of Chinese online.

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Includes 16 years of comparable data, advanced modelling tools, global and regional analysis, company profiles, strategic briefings, articles, datagraphics, videos and podcasts A growing understanding of issues surrounding sustainability has led to a general consumer awareness of the basic science behind climate change.

Luxury hotels Category snapshot: Luxury goods in Thailand posted healthy retail current value sales growth over the review period.

North America Regional industry snapshot: Luxury timepieces Category snapshot: Aside from the luxuty geo-political changes taking place, we are also facing major shifts in consumer expectations with decision-making Want to find out more about this report?

In turns, this has changed packaging requirements and demands, with the rise in home deliveries translating into lighter pack types and polarised pack sizes.

Luxury writing instrument and stationery Category snapshot: The company is in the midst of re-energising the brand, with changes in management, and a new strategic direction announced in November Thanks to a combination of wealth expansion and changing consumer habits, the industry filetyoe seen eurkmonitor opportunities across Luxury Goods in Thailand Feb Luxury goods in Thailand posted healthy retail current value sales growth over the review period.

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This report explores the changes taking place in the luxury hotel and travel market, which saw another year of strong growth.

World Market for Luxury Goods

Luxury leather goods Category snapshot: Categories that are heavily impacted by this situation Competitive Strategies in Luxury Goods Nov Recent years have euro,onitor some of the toughest ever trading conditions for luxury goods.

Learn More Custom Research Projects. Continue if you are happy with this or learn how to manage cookies by clicking here. As lower income consumers trade up and the middle class continues to be squeezed, the affordable luxury segment is expected to keep evolving to become a fully self-contained segment on its own.

A major theme across luxury goods is the role of the millennial population, which is soon to become the largest consuming generation, as Personal Luxury in Latin America Aug Luxury goods in Latin America is driven by high penetration, growing demand, the relaxation of import regulations and continuous investment in innovation. Aside from the far-reaching geo-political changes taking place, we are also facing major shifts in consumer expectations with decision-making increasingly being influenced and driven by emotion.

The recovery trend reflected a move from outbound to inbound consumption in the Luxury Goods in the US Dec Inluxury goods in the US faced a slight current value decline, as demand shifted in multiple categories. Health becoming a core luxury lifestyle choice World travel figures boosts sales of luxury goods Luxury hotspots compete for share of wallet from wealthy tourists Asia Pacific clear winner in wealth expansion and HNWI growth Category Snapshots Category snapshot: The small but growing numbers of high net worth individuals in the Why buy this report?

All of our data and analysis for Luxury Goods in 32 countries. Luxury Goods in Singapore Mar The second-hand and grey markets pose a threat to overall sales of luxury goods, as they become a more attractive option for Singaporeans to own luxury items during times of economic slowdown.

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With the expansion of luxury department stores and luxury brands in recent years, consumer awareness of luxury goods has also Continue if you are happy with this or learn how to manage cookies by clicking here.

Luxury Goods

Fileetype are delivered directly into your gooods within a few minutes of purchase. The luxury goods market recorded healthy value growth in as consumers sought high-end luxury and high-value service.

Overall, luxury goods in China outperformed the previous year indemonstrating the fastest growth momentum in retail current value terms of the whole review period.

The impact of wealth expansion is changing spending habits, to the extent that health has become the new wealth, with healthy living and self-improvement increasingly becoming a status symbol.

Luxury companies are focussing on acquisitions The perception of healthy living is shifting beyond just physical health, with a more holistic approach to wellness being adopted. Most premium outlets are also Our site uses cookies to improve functionality.

Market Research on the Luxury Goods Industry

Inluxury goods in the US faced a slight current value decline, as demand shifted in multiple categories. Luxury jewellery Category snapshot: Poland continues its recovery from the economic crisis with consumers increasingly seeking luxury goods in a bid to pamper themselves and spend their rising disposable incomes. Middle East and Africa Regional industry snapshot:

Last modified: May 29, 2020