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.
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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.
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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.
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.
Some points from TOC:
1. Introduction
1.1 Luxury Goods & Characteristics
1.2 Types of Luxury Goods
1.3 Channel of Distribution
1.1 Luxury Goods & Characteristics
1.2 Types of Luxury Goods
1.3 Channel of Distribution
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2. 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
2.4.1 Global Luxury Cars Market by Value
2.4.2 Global Luxury Cars Market Forecast by Value
2.5 Global Luxury Hotel Market
2.5.1 Global Luxury Hotel Market by Value
2.5.2 Global Luxury Hotel Market Forecast by Value
2.6 Global Luxury Food and Spirits Market
2.6.1 Global Luxury Spirits & Fine Wine Market by Value
2.6.2 Global Luxury Spirits & Fine Wine Market Forecast by Value
2.6.3 Global Luxury Food Market by Value
2.6.4 Global Luxury Food Market Forecast by Value
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
2.4.1 Global Luxury Cars Market by Value
2.4.2 Global Luxury Cars Market Forecast by Value
2.5 Global Luxury Hotel Market
2.5.1 Global Luxury Hotel Market by Value
2.5.2 Global Luxury Hotel Market Forecast by Value
2.6 Global Luxury Food and Spirits Market
2.6.1 Global Luxury Spirits & Fine Wine Market by Value
2.6.2 Global Luxury Spirits & Fine Wine Market Forecast by Value
2.6.3 Global Luxury Food Market by Value
2.6.4 Global Luxury Food Market Forecast by Value
3. 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
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
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