Luxury Goods Market Research Reports

Watches in Japan saw current value growth of 2% in 2017, with it quickly recovering from the sharp decline of 13% recorded in the previous year. Compared to the very strong period prior to 2016, ‘Bakugai’, or conspicuous shopping mainly by Chinese tourists slowed down in 2016. This was due to a number of factors including a stronger Japanese...

All sewn up: International tourists have driven the industry’s strong revenue growth Abstract Luxury Retailing in AustraliaThe industry consists of bricks-and-mortar retailers who primarily sell luxury fashion items such as clothing, footwear and accessories. The industry excludes department stores that...

Super Luxury Brands Expected to Double Sales from 4,000 to 8,000 by 2020, Owing to Crossover and SUV Sales This market research provides a detailed analysis of the future trends in the global super luxury vehicles market. Super luxury vehicles are defined as the vehicles that cost above $90,000, with high-end luxury features...

Executive Summary The global luxury car market has seen been relatively untouched by the financial crisis and has been posting growth driven by the emerging markets. The three German players BMW, Audi and Mercedes-Benz account for approximately 80% share of the global luxury car market. BMW is the global leader in the luxury car...

About Luxury Furniture Luxury furniture is differentiated from regular furniture on the basis of price range of different categories covered in the report. The price ranges are provided further in the report for different categories. Luxury furniture includes chairs, tables, desks, beds, storage, and many other products used...

China’s demand for Sports Car has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and capital...

This study focuses on China’s Sports Car industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s...

This study focuses on China’s Sports Car industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for...

Writing instruments is one of the easiest gifts for tourists to carry home. However, the clampdown of corporate luxury gifts among the Mainland Chinese has affected sales of luxury writing instruments since 2015. These consumers no longer purchase as many items as it is no longer appropriate to gift or accept these luxury items. Euromonitor...

Chinese tourists are tightening their belts on luxury goods when travelling which affected the growth of luxury timepieces. Watches are versatile often given as gifts while luxury watches are available in a vast range of prices. In recent years, some shoppers were happy to pay a hefty premium for super luxury brands, although by 2016 this...

Growth of luxury leather goods has slowed since the beginning of the review period. Unlike during the years prior to the review period, when both locals and tourists were snatching luxury bags off retailers’ shelves in Singapore, Chinese tourists have more options to purchase their luxury bags in other countries, while local consumers are...

Value growth of super premium beauty and personal care products slowed towards the end of the review period. As more mass brands, especially among facial and skin care, claim to have the same functions and benefits of the super premium brands but at much affordable prices, many consumers do not mind trying out these brands. Euromonitor...

Consumers, both locals and tourists, are still purchasing luxury eyewear but selectively as the growth in number of tourists has slowed while locals are more careful in spending when there could be alternative choices. Euromonitor International’s Luxury Eyewear in Singapore report offers a comprehensive guide to the size and shape of...

With the mainstream brands of portable consumer electronics launching new models quickly, most people would rather spend on the latest model than on luxury gadgets that can quickly become obsolete. Euromonitor International’s Luxury Portable Consumer Electronics in Singapore report offers a comprehensive guide to the size and shape...

The majority of luxury jewellery sales are still supported by tourists who find it more difficult to get these brands in their home country or because they are less expensive in Singapore. Locals who go for luxury jewellery still prefer real jewellery for its value rather than paying a premium for luxury costume jewellery. Euromonitor...

Singapore continues to be one of the world’s most competitive and institutionally efficient economies. However, the country has been posting sluggish economic growth in recent years, partly owing to a decline in trade volumes. The slowdown in China, reduced oil prices and lower demand for Singapore’s exports all served to dampen consumer confidence...

The growing use of electronic devices, such as smartphones and tablets, which display the time, is changing the reasons why consumers wear watches in Mexico. Consumers are therefore increasingly purchasing watches, especially luxury watches, as fashion accessories or as a status symbol, rather than for the purpose of telling the time. Moreover,...

During 2015 TAG Heuer disappeared from the category in Mexico due to internal strategy and highly niche consumption of the brand in the country, leaving only some inventory which was finally sold in 2016. As such, the only major brands left in the category are Blackberry Porsche Design and Tory Burch Fitbit Flex. Euromonitor International’s...

By 2016, consumers had become accustomed to the new regulations put in place during 2015 on money laundering in which purchases of luxury jewellery and timepieces with a retail value of MXN52,000 or over meant the consumer had to provide the retailer with their personal information. As such, the category was able to grow at a healthy rate. Euromonitor...

Brands, such as Louis Vuitton, Chanel, Bottega Veneta, Gherardini and Yves Saint Laurent, all increased their presence in the country towards the end of the review period, with the aim of providing a wider range of luxury options to their consumers. Much of their growth was also supported by the increase in the number of department stores,...

Although Mexico’s economy witnessed the slowest growth among all of the largest economies in Latin America, consumers continued to treat themselves to affordable luxuries, such as super premium beauty and personal care. In response to the lack of growth in the economy in previous years, industry players expanded their product portfolios in...

Luxury sunglasses in Mexico accounted for a 60% share of the category’s value sales in 2016. There are a large number of optical goods stores, through which these products principally retail, after which mixed retailers take the remaining share. Luxury brands and department stores are expanding rapidly in the country, with sales increasing...

The tremendous growth of department stores and luxury brands in affluent cities as well as the launch of shopping malls in second-tier cities in the country widened the distribution of international brands, such as Bally, Lanvin and Givenchy in designer apparel and footwear (ready-to-wear). These are in addition to the more established luxury...

This category has not only suffered from the recession but also from being less fashionable than other luxury goods. Moreover, given the rise in technology, such as computers and mobile phones, there is less demand for stationery, with consumers preferring to text or e-mail than write letters. However, luxury writing instruments continue to...

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...

Luxury furniture is commonly made up of different kinds of material such as metal, wood, glass, plastic, leathers and others (rattan, concrete, fabric, polyurethane, acrylic, fiber and stone). Wood holds the maximum market share, as wood is used majorly in the luxury furniture. Designing things on wood is easy, and is a natural and easily...

Luxury furniture has been gaining prominence, as the furniture adds aesthetic value to the household or a commercial place. The use of luxury furniture in various setups has contributed to the growth of the luxury furniture market. Channing lifestyle in the urban population has driven the market for luxury furniture. Nevertheless,...

Luxury goods has entered a new phase, where conspicuous consumption is giving way to more meaningful luxury experiences. As consumers reassess their priorities, asking themselves what they truly value, a host of major trends have emerged: from the preference given to luxury experiences over “things”, to sustainable luxury. This report features...

Lifestyle of consumers, especially in urban areas, has changed significantly. Luxury products are vital aspects of human life. In addition, with rapid rise in the disposable incomes of people, market growth of luxury furniture is inevitable. With urbanization, economic growth, and job opportunities around the world, real estate...

The demand for luxury furniture in the domestic and commercial segment has been unprecedented. Substantial growth in the per capita income is the prime reason behind the unprecedented growth in the luxury furniture market. The rapidly growing urban population is adding to the demand for luxury furniture. Furniture made up of...