Luxury Goods Market Outlook: Sustainable Growth Revenue by 2030

Kavya Singh
7 min readAug 8, 2023

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A New Research on “Luxury Goods Market” Report 2023 thoroughly analyzes industry growth size, share, trends and drivers. It provides deeper insights into pricing strategies, business statistics, supply chain dynamics, and technological advancements. With evaluations of key vendors, market performance, growth aspects, and opportunities, this report helps organizations understand the Luxury Goods market dynamics and future trends. The report [123 Pages] serves as an essential tool for businesses of all kinds, providing growth analysis and historical as well as projected data on expenses, income, demand, and supply. Comprehensive segmentation data and geographic regions offer potential opportunities for competitors in key growth sectors.

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The Luxury Goods market has witnessed growth from USD million to USD million from 2017 to 2022. With the CAGR, this market is estimated to reach USD million in 2029.

The report focuses on the Luxury Goods market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides detailed cost analysis, supply chain.

Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Consumer behavior analysis and market dynamics (drivers, restraints, opportunities) provides crucial information for knowing the Luxury Goods market.

To provide a more in-depth understanding of the market, the report offers profiles of the competitive landscape, key competitors, and their respective market ranks. It also discusses technological trends and new product developments that are shaping the industry. Manufacturers of Luxury Goods, as well as new entrants and companies related to the industry chain, will benefit from this report. It provides valuable information on revenues, production, and average prices for the overall market and its sub-segments across different companies, product types, applications, and regions.

Some of the prominent players reviewed in the research report include:

  • PVH Corp
  • Estée Lauder Companies Inc
  • Fossil Group, Inc
  • H51
  • Ralph Lauren Corporation
  • Tiffany & Co
  • Calvin Klein, Inc.
  • LVMH
  • Rolex
  • Tory Burch LLC
  • Coty Inc
  • Kering
  • Elizabeth Arden
  • CHANEL International B.V.
  • Capri Holdings Limited
  • Tapestry, Inc
  • Movado Group, Inc

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This report aims to provide readers with a comprehensive presentation of the global market for Luxury Goods. It offers both quantitative and qualitative analysis, enabling readers to develop effective business and growth strategies, assess the competitive landscape, analyze their position in the current marketplace, and make informed business decisions pertaining to Luxury Goods.

The report includes estimations, forecasts, and market size data for Luxury Goods, measured in terms of output/shipments (Units) and revenue (USD millions). It considers 2022 as the base year and provides historical data as well as forecasted data for the period from 2018 to 2029. The global Luxury Goods market is segmented comprehensively, including regional market sizes, product types, applications, and players’ analysis.

Industry Segment by Type:

  • Handbags
  • Footwear
  • Jewellery
  • Watches
  • Apparel
  • Others

Industry Segment by Application:

  • Online
  • Physical Stores
  • Others

Key highlights of the report:

  • The report provides assessments of Luxury Goods market share at both country and regional levels.
  • The report includes a competitive landscape analysis that identifies key industry trends.
  • The report analyzes market trends, including product and technology trends, drivers and barriers, and PORTER’s five forces analysis.
  • The report offers strategic recommendations for essential business segments based on market forecasts.
  • The report provides guidance for new entrants to the market.
  • The report contains market forecasts for all relevant segments, sub-segments, and regional markets.

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Regional Outlook:

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment.

What are the New Additions in Luxury Goods Market Report?

Comprehensive Market Analysis: The 2023 report provides a detailed industry overview, analyzing key market trends, growth drivers, challenges, and opportunities. It covers various sectors within the industry and offers insights into market size, market share, and market segmentation.

Company Profiles: The report includes additional in-depth information on key company players operating in the industry. It offers detailed profiles of these companies, highlighting their financial performance, product portfolios, strategic initiatives, partnerships, and competitive landscape analysis.

Customization and Analyst Support: The report offers customized services and analyst support upon request. This may include tailored research, specific data requirements, or personalized insights based on the client’s needs and preferences.

Recent Market Developments: The report incorporates the latest market developments that have occurred since the previous edition. It includes recent mergers and acquisitions, product launches, collaborations, regulatory changes, and other significant events shaping the industry landscape.

Futuristic Growth Opportunities: The report identifies and presents future growth opportunities in the industry. It explores emerging technologies, market trends, consumer preferences, and regulatory factors that are expected to drive growth and innovation in the coming years.

Regional/Country Reports: In response to specific requests, the report offers customized regional or country-specific analysis. This provides a deeper understanding of market dynamics, competitive landscape, and opportunities within a particular region or country.

Following Key Questions Covered:

  • What are the key drivers of growth in the Luxury Goods market, and how do they vary across regions and segments?
  • How are advancements in technology and innovation affecting the Luxury Goods market, and what new opportunities and challenges are emerging as a result?
  • Which market players are currently leading the pack in terms of market share and product innovation, and what strategies are they employing to maintain their positions?
  • What regulatory and policy changes are on the horizon that could impact the Luxury Goods market, and how are market players adapting to these changes?
  • What are the emerging trends and market disruptors that are likely to shape the Luxury Goods market in the years to come, and what can businesses do to stay ahead of the curve?
  • How are consumer preferences and behaviors evolving with regard to Luxury Goods, and what implications do these trends have for market players?

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Detailed TOC of Luxury Goods Market Research Report:

1 Luxury Goods Market Overview

1.1 Product Overview and Scope of Luxury Goods Market

1.2 Luxury Goods Market Segment by Type

1.3 Global Luxury Goods Market Segment by Application

1.4 Global Luxury Goods Market, Region Wise (2017–2029)

1.5 Global Market Size (Revenue) of Luxury Goods (2017–2029)

1.5.1 Global Luxury Goods Market Revenue Status and Outlook (2017–2029)

1.5.2 Global Luxury Goods Market Sales Status and Outlook (2017–2029)

1.6 Influence of Regional Conflicts on the Luxury Goods Industry

1.7 Impact of Carbon Neutrality on the Luxury Goods Industry

2 Luxury Goods Market Upstream and Downstream Analysis

2.1 Luxury Goods Industrial Chain Analysis

2.2 Key Raw Materials Suppliers and Price Analysis

2.3 Key Raw Materials Supply and Demand Analysis

2.4 Market Concentration Rate of Raw Materials

2.5 Manufacturing Process Analysis

2.6 Manufacturing Cost Structure Analysis

2.6.1 Labor Cost Analysis

2.6.2 Energy Costs Analysis

2.6.3 R&D Costs Analysis

2.7 Major Downstream Buyers of Luxury Goods Analysis

2.8 Impact of COVID-19 on the Industry Upstream and Downstream

3 Players Profiles

4 Global Luxury Goods Market Landscape by Player

4.1 Global Luxury Goods Sales and Share by Player (2017–2022)

4.2 Global Luxury Goods Revenue and Market Share by Player (2017–2022)

4.3 Global Luxury Goods Average Price by Player (2017–2022)

4.4 Global Luxury Goods Gross Margin by Player (2017–2022)

4.5 Luxury Goods Market Competitive Situation and Trends

4.5.1 Luxury Goods Market Concentration Rate

4.5.2 Luxury Goods Market Share of Top 3 and Top 6 Players

4.5.3 Mergers & Acquisitions, Expansion

5 Global Luxury Goods Sales, Revenue, Price Trend by Type

5.1 Global Luxury Goods Sales and Market Share by Type (2017–2022)

5.2 Global Luxury Goods Revenue and Market Share by Type (2017–2022)

5.3 Global Luxury Goods Price by Type (2017–2022)

5.4 Global Luxury Goods Sales, Revenue and Growth Rate by Type (2017–2022)

6 Global Luxury Goods Market Analysis by Application

6.1 Global Luxury Goods Consumption and Market Share by Application (2017–2022)

6.2 Global Luxury Goods Consumption Revenue and Market Share by Application (2017–2022)

6.3 Global Luxury Goods Consumption and Growth Rate by Application (2017–2022)

7 Global Luxury Goods Sales and Revenue Region Wise (2017–2022)

7.1 Global Luxury Goods Sales and Market Share, Region Wise (2017–2022)

7.2 Global Luxury Goods Revenue and Market Share, Region Wise (2017–2022)

7.3 Global Luxury Goods Sales, Revenue, Price and Gross Margin (2017–2022)

7.4 United States Luxury Goods Sales, Revenue, Price and Gross Margin (2017–2022)

7.5 Europe Luxury Goods Sales, Revenue, Price and Gross Margin (2017–2022)

7.6 China Luxury Goods Sales, Revenue, Price and Gross Margin (2017–2022)

7.7 Japan Luxury Goods Sales, Revenue, Price and Gross Margin (2017–2022)

7.8 India Luxury Goods Sales, Revenue, Price and Gross Margin (2017–2022)

7.9 Southeast Asia Luxury Goods Sales, Revenue, Price and Gross Margin (2017–2022)

7.10 Latin America Luxury Goods Sales, Revenue, Price and Gross Margin (2017–2022)

7.11 Middle East and Africa Luxury Goods Sales, Revenue, Price and Gross Margin (2017–2022)

8 Global Luxury Goods Market Forecast (2022–2029)

8.1 Global Luxury Goods Sales, Revenue Forecast (2022–2029)

8.2 Global Luxury Goods Sales and Revenue Forecast, Region Wise (2022–2029)

8.3 Global Luxury Goods Sales, Revenue and Price Forecast by Type (2022–2029)

8.4 Global Luxury Goods Consumption Forecast by Application (2022–2029)

8.5 Luxury Goods Market Forecast Under COVID-19

9 Industry Outlook

9.1 Luxury Goods Market Drivers Analysis

9.2 Luxury Goods Market Restraints and Challenges

9.3 Luxury Goods Market Opportunities Analysis

9.4 Emerging Market Trends

9.5 Luxury Goods Industry Technology Status and Trends

9.6 News of Product Release

9.7 Consumer Preference Analysis

9.8 Luxury Goods Industry Development Trends under COVID-19 Outbreak

10 Research Findings and Conclusion

11 Appendix

11.1 Methodology

11.2 Research Data Source

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