Global Luxury Apparel Market Research Report Information by Type, by Gender, By Form, By Consumer Group, And by Region

Description

List of Tables

Global Luxury Apparel Market Research Report Information by Type (Clothing, Footwear, Accessories, Bags/Handbags), by Gender (Male and Female), By Form (Offline and Online), By Consumer Group (Gen Alpha, Gen Z, Millennials, Gen X, Baby Boomers), And by Region (North America, Europe, Asia-Pacific, Rest of World) - Forecast Till 2030

Market Overview

During the forecast period, the Luxury Apparel market industry is anticipated to experience a compound annual growth rate (CAGR) of 4.97%. There are numerous critical factors that contribute to the luxury apparel sector's optimistic outlook. A growing interest in luxury fashion has been stimulated by urbanization, an aspirational middle class, and increasing disposable incomes.

The modern luxury apparel market is being transformed by the increase in communication between customers and luxury apparel labels through online retail stores and social media platforms. It has emerged as a significant factor in the burgeoning sales of the most recent, fashionable luxury apparel. The digital era has revolutionized the manner in which consumers interact with and access luxury fashion, and this paradigm shift has significant implications for the industry. In recent years, the luxury apparel market has experienced significant growth due to the proliferation of online transactions. Customers now have unparalleled access to a wide variety of luxury labels, collections, and trends. Online purchasing provides the convenience of a wide range of options and the opportunity to explore luxury fashion from the comfort of one's own home.

Market segment insights

Clothing, accessories, footwear, and handbags comprise the Luxury Apparel Market segmentation.

Female and male comprise the market segmentation, which is predicated on gender.

The luxury apparel market is segmented by form, which includes offline and online.

Gen Alpha, Gen Z, Millennials, Gen X, and Baby Boomers comprise the market segmentation, which is founded on consumer groups.

Regional Perspectives

The Luxury Apparel Market is segmented by region, including North America, Europe, Asia-Pacific, and the other regions of the world. In 2022, the Europe segment held the largest market share, with a market value of USD 75,264.3 million. It is anticipated to experience a compound annual growth rate (CAGR) of 4.0% throughout the forecast period. The Luxury Apparel Market is anticipated to exhibit the second greatest revenue share in Europe, as a result of the region's consistent demand for luxury apparel. Luxury brands are well-positioned to meet the increasing demand for eco-conscious collections, which is driven by the increasing awareness of sustainability among customers.

The Luxury Apparel Market in North America is anticipated to experience a 3.4% CAGR, which is attributed to the high disposable incomes that have established a robust market for luxury products, including high-end apparel, in countries such as the United States and Canada. The luxury apparel market in North America is significantly influenced by the presence of fashion-conscious populations, a preference for quality, and a large consumer base. In the forecast period, Asia Pacific is anticipated to have the maximum revenue share. This is due to the growing awareness of consumer brands and the advancements in the fashion industry. Revenue growth in the market is expected to be influenced by a variety of factors, such as the rapid expansion of the population, the growing demand for apparel, and the establishment of luxury stores. Local culture and heritage are inextricably linked to the rest of the globe, particularly in South America, the Middle East, and Africa. The increasing economic prosperity and the increasing number of high-net-worth individuals in these regions. Global connectivity and digitalization are currently exerting an increasing influence on the luxury apparel market in the remainder of the world.

Major Players

Louis Vuitton (France), Cannel (France), Dior (France), Hermes (France), Saint Laurent (France), Prada (Italy), Burberry (UK), Kering Holland NV (Netherlands), Giorgio Armani (Italy), and Dolce & Gabbana (Italy) are among the top companies in the luxury apparel market.

Product Code: MRFR/CR/10417-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL LUXURY APPAREL MARKET, BY TYPE
- 1.1.2 GLOBAL LUXURY APPAREL MARKET, BY GENDER
- 1.1.3 GLOBAL LUXURY APPAREL MARKET, BY FORM
- 1.1.4 GLOBAL LUXURY APPAREL MARKET, BY CONSUMER GROUP
- 1.1.5 GLOBAL LUXURY APPAREL MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 DATA MINING
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
- 3.3.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS
- 3.3.2 BREAKDOWN OF PRIMARY RESPONDENTS
3.4 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION
- 3.4.1 BOTTOM-UP APPROACH
- 3.4.2 TOP-DOWN APPROACH
3.5 DATA VALIDATION
3.6 ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING INFLUENCE OF ONLINE PLATFORMS
- 4.2.2 STATUS SYMBOL AND MILLENNIAL APPEAL
- 4.2.3 GROWING PREFERENCE FOR LUXURY FORMAL WEAR
4.3 RESTRAINT
- 4.3.1 INCREASING PREFERENCE OF COUNTERFEIT PRODUCTS
4.4 OPPORTUNITIES
- 4.4.1 TAPPING INTO MODEST FASHION
- 4.4.2 IMPROVED SUPPLY CHAIN AND DISTRIBUTION
4.5 CHALLENGES
- 4.5.1 PRESERVING EXCLUSIVITY IN THE AGE OF ACCESSIBILITY

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL PROCUREMENT
- 5.1.2 PROCESSING
- 5.1.3 PACKAGING
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 RAW MATERIAL SOURCING
- 5.2.2 DESIGNING
- 5.2.3 MANUFACTURING
- 5.2.4 DISTRIBUTION
- 5.2.5 RETAIL
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 BARGAINING POWER OF SUPPLIERS
- 5.3.2 BARGAINING POWER OF BUYERS
- 5.3.3 THREAT OF NEW ENTRANTS
- 5.3.4 THREAT OF SUBSTITUTES
- 5.3.5 INTENSITY OF RIVALRY
5.4 IMPACT OF CORONAVIRUS OUTBREAK ON GLOBAL MARKET
- 5.4.1 IMPACT ON PRODUCTION
- 5.4.2 IMPACT ON CONSUMER BUYING BEHAVIOUR
- 5.4.3 IMPACT OF COVID-19 ON SUPPLY CHAIN
- 5.4.4 IMPACT ON PRICING
- 5.4.5 IMPACT ON ONLINE VS OFFLINE SALES

6 GLOBAL LUXURY APPAREL MARKET, BY TYPE

6.1 INTRODUCTION
6.2 CLOTHING
- 6.2.1 FORMAL WEAR
- 6.2.2 CASUAL WEAR
- 6.2.3 SPORTS WEAR
- 6.2.4 INNER WEAR
6.3 FOOTWEAR
6.4 ACCESSORIES
- 6.4.1 WALLETS
- 6.4.2 BELTS
- 6.4.3 CAPS AND HATS
- 6.4.4 WATCHES
- 6.4.5 SUNGLASSES
- 6.4.6 OTHERS
6.5 BAGS/HANDBAGS

7 GLOBAL LUXURY APPAREL MARKET, BY GENDER

7.1 INTRODUCTION
7.2 FEMALE
7.3 MALE

8 GLOBAL LUXURY APPAREL MARKET, BY FORM

8.1 INTRODUCTION
8.2 OFFLINE
8.3 ONLINE

9 GLOBAL LUXURY APPAREL MARKET, BY CONSUMER GROUP

9.1 INTRODUCTION
9.2 GEN ALPHA
9.3 GEN Z
9.4 MILLENNIALS
9.5 GEN X
9.6 BABY BOOMERS

10 GLOBAL LUXURY APPAREL MARKET, BY REGION

10.1 INTRODUCTION
10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 CANADA
- 10.2.3 MEXICO
10.3 EUROPE
- 10.3.1 GERMANY
- 10.3.2 FRANCE
- 10.3.3 UK
- 10.3.4 ITALY
- 10.3.5 SPAIN
- 10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
- 10.4.1 CHINA
- 10.4.2 JAPAN
- 10.4.3 INDIA
- 10.4.4 AUSTRALIA AND NEWZEALAND
- 10.4.5 REST OF ASIA PACIFIC
10.5 ROW
- 10.5.1 SOUTH AMERICA
- 10.5.2 MIDDLE EAST
- 10.5.3 AFRICA

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW
11.2 COMPETITIVE BENCHMARKING
11.3 DEVELOPMENT SHARE ANALYSIS
11.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.4.1 NEW PRODUCT LAUNCH/SERVICE DEPLOYMENT
- 11.4.2 PARTNERSHIP, AGREEMENT AND COLLABORATION
- 11.4.3 FASHION SHOW
- 11.4.4 EXPANSION

12 COMPANY PROFILES

12.1 LOUIS VUITTON
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGY
12.2 CHANNEL
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGY
12.3 DIOR
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGY
12.4 HERMES
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGY
12.5 SAINT LAURENT
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGY
12.6 PRADA
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGY
12.7 BURBERRY
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGY
12.8 KERING HOLLAND NV
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGY
12.9 GIORGIO ARMANI
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGY
12.10 DOLCE & GABBANA
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 PRODUCTS OFFERED
- 12.10.3 SWOT ANALYSIS
- 12.10.4 KEY STRATEGY