Global Luxury Goods Market Size study & Forecast, by Product (Watches & Jewelry, Perfumes & Cosmetics, Clothing, Bags & Purses, Others), by Distribution Channel (Online and Offline), by End User (Women and Men), and Regional Analysis, 2023-2030

Description

List of Tables

Global Luxury Goods Market is valued at approximately USD 331.6 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.62% over the forecast period 2023-2030. Rapidly growing e-commerce enables easy access to buying and selling of luxury items across the globe and helps in generating revenue for the brands, increasing social media users anticipated to bring a positive impact on the Global Luxury Goods Market because it provides a platform to promote and advertise their brands and luxury items by hiring social media influencers to reach a wide range of customers around the globe.

According to India Brand Equity Foundation (IBEF) in 2021, the Digital India program has resulted in a significant increase in internet connections, reaching a total of 830 million. Urban areas accounted for approximately 55% of connections, with 97% of those being wireless. According to the same source mentioned above The number of smartphones in use has also increased dramatically and is predicted to reach 1 billion by 2026. This has a direct impact on the e-commerce market due to which the Global Luxury Market should get benefited. According to Statista in 2021 The number of social media users was 4.59 billion and is expected to grow to approximately 6 billion by 2027. All these factors expected to bring a positive impact on the Global Luxury Goods Market as it makes the demand and supply of the goods easy and accessible to the world. Moreover, personalization and emerging markets such as China, India, and so on, may emerge as to be growth opportunities for this market. However, economic fluctuation and counterfeit products are some of the factors that may hamper the overall growth of the market during the forecast years 2023-2030.

The key regions considered for the Global Luxury Goods Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe region dominated the market owing to the fact that the region has the presence of most of the key players in the global market such as Burberry, L'Oreal, and Others. Asia Pacific region emerges as to be the fastest growing region because of the rise in population and growing use of smartphones and internet connection. Moreover, countries such as India emerge as the fastest growing economy in the world which constitutes the rise in Per Capita Income of the Consumers, Disposable Income of the Consumers and Purchasing Power Parity (PPP).

Major market players included in this report are:

LVMH Moet Hennessy Louis Vuitton SE
Gucci Fashion Company
Chanel Fashion Company
Hermes International S.A.
Cartier International SNC
Christian Dior SE
Montres Rolex SA
Estee Lauder Companies Inc.
Tiffany & Company
Gianni Versace S.r.I.

Recent Developments in the Market:

In November 2022, Estee Lauder Cos Inc. is making a deal to buy Tom Ford for about USD 2.8 billion including debt to bet the competition of others in acquiring the luxury fashion brands in the global market.
In September 2020, Amazon revealed the plan for a new online luxury store that was expected to help in connecting well-heeled customers with the top-notch brands. The first company that got listed on this platform was Oscar de la Renta which has shown its 2020 collection.

Global Luxury Goods Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Distribution Channel, End Users, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Watches & jewelry
Perfumes & Cosmetics
Clothing
Bags & Purses
Other

By Distribution Channel:

Online
Offline

By End Users:

Women
Men

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Luxury Goods Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Luxury Goods Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Luxury Goods Market, by Distribution Channel, 2020-2030 (USD Billion)
- 1.2.4. Luxury Goods Market, by End Users, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Luxury Goods Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Luxury Goods Market Dynamics

3.1. Luxury Goods Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing E-Commerce industry
  - 3.1.1.2. Increasing Social Media Users
- 3.1.2. Market Challenges
  - 3.1.2.1. Economic Fluctuation
  - 3.1.2.2. Counterfeit Products
- 3.1.3. Market Opportunities
  - 3.1.3.1. Personalization of Products
  - 3.1.3.2. Emerging Markets for Social Networking App

Chapter 4. Global Luxury Goods Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Luxury Goods Market, by Product

5.1. Market Snapshot
5.2. Global Luxury Goods Market by Product, Performance - Potential Analysis
5.3. Global Luxury Goods Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Luxury Goods Market, Sub Segment Analysis
- 5.4.1. Watches & Jewelry
- 5.4.2. Perfumes & Cosmetics
- 5.4.3. Clothing
- 5.4.4. Bags & Purses
- 5.4.5. Other

Chapter 6. Global Luxury Goods Market, by Distribution Channel

6.1. Market Snapshot
6.2. Global Luxury Goods Market by Distribution Channel, Performance - Potential Analysis
6.3. Global Luxury Goods Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Luxury Goods Market, Sub Segment Analysis
- 6.4.1. Online
- 6.4.2. Offline

Chapter 7. Global Luxury Goods Market, by End Users

7.1. Market Snapshot
7.2. Global Luxury Goods Market by End Users, Performance - Potential Analysis
7.3. Global Luxury Goods Market Estimates & Forecasts by End Users 2020-2030 (USD Billion)
7.4. Luxury Goods Market, Sub Segment Analysis
- 7.4.1. Women
- 7.4.2. Men

Chapter 8. Global Luxury Goods Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Luxury Goods Market, Regional Market Snapshot
8.4. North America Luxury Goods Market
- 8.4.1. U.S. Luxury Goods Market
  - 8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Distribution Channel breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End Users breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Luxury Goods Market
8.5. Europe Luxury Goods Market Snapshot
- 8.5.1. U.K. Luxury Goods Market
- 8.5.2. Germany Luxury Goods Market
- 8.5.3. France Luxury Goods Market
- 8.5.4. Spain Luxury Goods Market
- 8.5.5. Italy Luxury Goods Market
- 8.5.6. Rest of Europe Luxury Goods Market
8.6. Asia-Pacific Luxury Goods Market Snapshot
- 8.6.1. China Luxury Goods Market
- 8.6.2. India Luxury Goods Market
- 8.6.3. Japan Luxury Goods Market
- 8.6.4. Australia Luxury Goods Market
- 8.6.5. South Korea Luxury Goods Market
- 8.6.6. Rest of Asia Pacific Luxury Goods Market
8.7. Latin America Luxury Goods Market Snapshot
- 8.7.1. Brazil Luxury Goods Market
- 8.7.2. Mexico Luxury Goods Market
8.8. Middle East & Africa Luxury Goods Market
- 8.8.1. Saudi Arabia Luxury Goods Market
- 8.8.2. South Africa Luxury Goods Market
- 8.8.3. Rest of Middle East & Africa Luxury Goods Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. LVMH Moet Hennessy Louis Vuitton SE
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Gucci Fashion Company
- 9.3.3. Chanel Fashion Company
- 9.3.4. Hermes International S.A.
- 9.3.5. Cartier International SNC
- 9.3.6. Christian Dior SE
- 9.3.7. Montres Rolex SA
- 9.3.8. Estee Lauder Companies Inc.
- 9.3.9. Tiffany Company
- 9.3.10. Gianni Versace S.r.I.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Luxury Goods Market, report scope
TABLE 2. Global Luxury Goods Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Luxury Goods Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4. Global Luxury Goods Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 5. Global Luxury Goods Market estimates & forecasts by End Users 2020-2030 (USD Billion)
TABLE 6. Global Luxury Goods Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Luxury Goods Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Luxury Goods Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Luxury Goods Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Luxury Goods Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Luxury Goods Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Luxury Goods Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Luxury Goods Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Luxury Goods Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Luxury Goods Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Luxury Goods Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Luxury Goods Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Luxury Goods Market
TABLE 71. List of primary sources, used in the study of global Luxury Goods Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Luxury Goods Market, research methodology
FIG 2. Global Luxury Goods Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Luxury Goods Market, key trends 2022
FIG 5. Global Luxury Goods Market, growth prospects 2023-2030
FIG 6. Global Luxury Goods Market, porters 5 force model
FIG 7. Global Luxury Goods Market, pest analysis
FIG 8. Global Luxury Goods Market, value chain analysis
FIG 9. Global Luxury Goods Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Luxury Goods Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Luxury Goods Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Luxury Goods Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Luxury Goods Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Luxury Goods Market, regional snapshot 2020 & 2030
FIG 15. North America Luxury Goods Market 2020 & 2030 (USD Billion)
FIG 16. Europe Luxury Goods Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Luxury Goods Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Luxury Goods Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Luxury Goods Market 2020 & 2030 (USD Billion)