Global Personal Luxury Goods Market 2023-2027

Description

List of Tables

Technavio has been monitoring the personal luxury goods market and is forecast to grow by $42.43 bn during 2022-2027, accelerating at a CAGR of 2.7% during the forecast period. Our report on the personal luxury goods market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for premium beauty products and cosmetics, the influence of different marketing strategies on customers purchase decisions, and increasing demand for affordable luxury goods.

Technavio's personal luxury goods market is segmented as below:

By Distribution Channel

Offline
Online

By Product

Hard luxury
Apparel
Cosmetics and perfumes
Accessories
Others

By Geographical Landscape

Europe
North America
APAC
Middle East and Africa
South America

This study identifies the integration of technology as one of the prime reasons driving the personal luxury goods market growth during the next few years. Also, the adoption of omnichannel retailing and brand promotion through social media will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the personal luxury goods market covers the following areas:

Personal luxury goods market sizing
Personal luxury goods market forecast
Personal luxury goods market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal luxury goods market vendors that include Capri Holdings Ltd., Chow Tai Fook Jewellery Group Ltd., Compagnie Financiere Richemont SA, Coty Inc., Giorgio Armani S.p.A., Hermes International SA, Kering SA, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Prada S.p.A, PVH Corp., Ralph Lauren Corp., Rolex SA, Safilo Group Spa, Shiseido Co. Ltd., Swarovski AG, Tapestry Inc., The Estee Lauder Co. Inc., The Level Group S.r.l., and The Swatch Group Ltd. Also, the personal luxury goods market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR70417

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global personal luxury goods market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global personal luxury goods market 2017 - 2021 ($ billion)
4.2 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
4.3 Product Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

6.1 Market segments
Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
6.2 Comparison by Distribution Channel
Exhibit 32: Chart on Comparison by Distribution Channel
Exhibit 33: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2022-2027
Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)
6.4 Online - Market size and forecast 2022-2027
Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 42: Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 43: Chart on Product - Market share 2022-2027 (%)
Exhibit 44: Data Table on Product - Market share 2022-2027 (%)
7.2 Comparison by Product
Exhibit 45: Chart on Comparison by Product
Exhibit 46: Data Table on Comparison by Product
7.3 Hard luxury - Market size and forecast 2022-2027
Exhibit 47: Chart on Hard luxury - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Data Table on Hard luxury - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Chart on Hard luxury - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Hard luxury - Year-over-year growth 2022-2027 (%)
7.4 Apparel - Market size and forecast 2022-2027
Exhibit 51: Chart on Apparel - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Apparel - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Apparel - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Apparel - Year-over-year growth 2022-2027 (%)
7.5 Cosmetics and perfumes - Market size and forecast 2022-2027
Exhibit 55: Chart on Cosmetics and perfumes - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Data Table on Cosmetics and perfumes - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Chart on Cosmetics and perfumes - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Cosmetics and perfumes - Year-over-year growth 2022-2027 (%)
7.6 Accessories - Market size and forecast 2022-2027
Exhibit 59: Chart on Accessories - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Accessories - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Accessories - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Accessories - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by Product
Exhibit 67: Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 69: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 70: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Germany - Market size and forecast 2022-2027
Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 France - Market size and forecast 2022-2027
Exhibit 105: Chart on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 106: Data Table on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 107: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on France - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 113: Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 Capri Holdings Ltd.
Exhibit 120: Capri Holdings Ltd. - Overview
Exhibit 121: Capri Holdings Ltd. - Business segments
Exhibit 122: Capri Holdings Ltd. - Key news
Exhibit 123: Capri Holdings Ltd. - Key offerings
Exhibit 124: Capri Holdings Ltd. - Segment focus
12.4 Chow Tai Fook Jewellery Group Ltd.
Exhibit 125: Chow Tai Fook Jewellery Group Ltd. - Overview
Exhibit 126: Chow Tai Fook Jewellery Group Ltd. - Business segments
Exhibit 127: Chow Tai Fook Jewellery Group Ltd. - Key offerings
Exhibit 128: Chow Tai Fook Jewellery Group Ltd. - Segment focus
12.5 Compagnie Financiere Richemont SA
Exhibit 129: Compagnie Financiere Richemont SA - Overview
Exhibit 130: Compagnie Financiere Richemont SA - Business segments
Exhibit 131: Compagnie Financiere Richemont SA - Key offerings
Exhibit 132: Compagnie Financiere Richemont SA - Segment focus
12.6 Coty Inc.
Exhibit 133: Coty Inc. - Overview
Exhibit 134: Coty Inc. - Business segments
Exhibit 135: Coty Inc. - Key offerings
Exhibit 136: Coty Inc. - Segment focus
12.7 Giorgio Armani S.p.A.
Exhibit 137: Giorgio Armani S.p.A. - Overview
Exhibit 138: Giorgio Armani S.p.A. - Product / Service
Exhibit 139: Giorgio Armani S.p.A. - Key offerings
12.8 Hermes International SA
Exhibit 140: Hermes International SA - Overview
Exhibit 141: Hermes International SA - Business segments
Exhibit 142: Hermes International SA - Key offerings
Exhibit 143: Hermes International SA - Segment focus
12.9 Kering SA
Exhibit 144: Kering SA - Overview
Exhibit 145: Kering SA - Business segments
Exhibit 146: Kering SA - Key offerings
Exhibit 147: Kering SA - Segment focus
12.10 LOreal SA
Exhibit 148: LOreal SA - Overview
Exhibit 149: LOreal SA - Business segments
Exhibit 150: LOreal SA - Key news
Exhibit 151: LOreal SA - Key offerings
Exhibit 152: LOreal SA - Segment focus
12.11 LVMH Moet Hennessy Louis Vuitton SE
Exhibit 153: LVMH Moet Hennessy Louis Vuitton SE - Overview
Exhibit 154: LVMH Moet Hennessy Louis Vuitton SE - Business segments
Exhibit 155: LVMH Moet Hennessy Louis Vuitton SE - Key news
Exhibit 156: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
Exhibit 157: LVMH Moet Hennessy Louis Vuitton SE - Segment focus
12.12 Prada S.p.A
Exhibit 158: Prada S.p.A - Overview
Exhibit 159: Prada S.p.A - Product / Service
Exhibit 160: Prada S.p.A - Key offerings
12.13 PVH Corp.
Exhibit 161: PVH Corp. - Overview
Exhibit 162: PVH Corp. - Business segments
Exhibit 163: PVH Corp. - Key offerings
Exhibit 164: PVH Corp. - Segment focus
12.14 Ralph Lauren Corp.
Exhibit 165: Ralph Lauren Corp. - Overview
Exhibit 166: Ralph Lauren Corp. - Business segments
Exhibit 167: Ralph Lauren Corp. - Key offerings
Exhibit 168: Ralph Lauren Corp. - Segment focus
12.15 Rolex SA
Exhibit 169: Rolex SA - Overview
Exhibit 170: Rolex SA - Product / Service
Exhibit 171: Rolex SA - Key offerings
12.16 The Level Group S.r.l.
Exhibit 172: The Level Group S.r.l. - Overview
Exhibit 173: The Level Group S.r.l. - Product / Service
Exhibit 174: The Level Group S.r.l. - Key offerings
12.17 The Swatch Group Ltd.
Exhibit 175: The Swatch Group Ltd. - Overview
Exhibit 176: The Swatch Group Ltd. - Business segments
Exhibit 177: The Swatch Group Ltd. - Key offerings
Exhibit 178: The Swatch Group Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 179: Inclusions checklist
Exhibit 180: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 181: Currency conversion rates for US$
13.4 Research methodology
Exhibit 182: Research methodology
Exhibit 183: Validation techniques employed for market sizing
Exhibit 184: Information sources
13.5 List of abbreviations
Exhibit 185: List of abbreviations