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Title: Global Luxury Goods Market: Trends & Opportunities (2015-2019) - New Report by Daedal Research


1
Global Luxury Goods Market Trends
Opportunities (2015-2019)
November 2015
2
Global Luxury Goods Market Report
  • Scope of the Report
  • This report analyzes the development of the
    "Global Luxury Goods Market Trends
    Opportunities (2015-2019) ", including its
    segments luxury cars, luxury wines and spirits,
    luxury hotels and luxury furniture, with a major
    focus on global personal luxury goods market. The
    market sizing global personal luxury market is
    done by its value, by top countries, by top
    cities, by gender, by tourists, by retail sale,
    by wholesale, by online sale, by airport sales,
    sales by region and through growth of some of its
    sub segments. Market share analysis of global
    luxury goods market is also done in this report,
    with major focus on global personal luxury goods
    market.
  • Potters five force analysis is also performed in
    this report, which include discussion on threat
    of new entrant, bargaining power of buyers,
    threats of substitutes, bargaining power of
    suppliers and competitive rivalry.
  • This report also includes regional/country
    analysis of Americas, Europe and Asia (China in
    specific). This analysis include personal luxury
    goods market by value over the years, personal
    luxury goods market by tourists and price
    comparison of different brand, for each region.
    In 2014, Americas and European continents
    personal luxury market grew at decent rate, while
    Japan registered a very healthy growth rate.
    China has shown a negative trend and Rest of the
    Asia experienced brisk growth pace. And the
    report also profiles key market players such as
    LVMH, Hermès International and Kering Group on
    the basis of attributes such as company overview,
    recent developments, strategies adopted by the
    market leaders to ensure growth, sustainability,
    financial overview and recent developments.
  • Forecasting of personal luxury goods market by
    value and its segments including luxury cars,
    luxury hotels, luxury furniture, luxury wines and
    spirit and personal luxury goods, are also done
    for the years 2015-2019. Sub segments of global
    personal luxury goods market and personal luxury
    goods market of Americas, Europe and Asia is are
    also forecasted for the years 2015-2019.
  • Company Coverage
  • LVMH
  • Hermès International
  • Kering Group
  • Country Coverage
  • Americas
  • Europe
  • Asia

3
Executive Summary Luxury goods market is a
market for goods that give great comfort and
pleasure. Luxury goods are commonly characterized
by their premium quality, craftsmanship and
reputation. In economics, income elasticity of
demand for luxury good is greater than one
because peoples spending on luxury good
increases more than the increase in their income.
But many luxury goods have now become a new
normal good, due to its affordability and
increased purchasing power of people. The
overall global luxury market grew at a healthy
rate in 2014, with major driving segments being
luxury cars, luxury hotels and personal luxury
goods. The overall luxury industry comprises nine
segments in total personal luxury goods, luxury
cars, luxury hotels, luxury wines and spirits,
luxury food, luxury furniture, luxury cruises,
luxury yachts and private jets. Among all, the
three biggest are luxury cars, luxury hotels and
personal luxury goods. Personal luxury goods can
be further sub divided into accessories, apparel,
hard luxury (watches and jewelry), beauty
(cosmetic and perfumes) and others. Development
of global luxury market is fuelled by increased
tourist sale of luxury goods, growth of
e-commerce market, growth of global retail
industry and rise in world GDP. Rise in GDP
causes disposable income to increase and hence
increase in purchasing power of people, which
make them move towards luxury goods. This has
caused increase in new consumers from emerging
economies. Increased use of social media,
increased Omni channels, globalization and
development of second hand or pre-owned luxury
goods market has played a great role in growth of
global luxury market over the years. While there
are some challenges, which global luxury market
has to face, such as increasing unemployment
rate, increasing availability of counterfeit
products, inability to adopt dynamic market
approaches and high import tariffs on luxury
goods in some areas.
4
The global luxury goods market in 2014 exceeds
US1149.8 billion, with 7 of healthy growth as
compared to 2013. There are nine segments in
global luxury goods market, that are. The
largest segments of all are luxury cars, luxury
hotels and personal luxury goods.
  • Global Luxury Goods Market Report
  • Global Luxury Goods Market by Value 2012-2014

Global Luxury Goods Market by Segments 2014
Global luxury goods market is forecasted to
increase to US.....billion in 2016 to US......
billion in 2019 from US1149 billion in 2014.
This increase is anticipated due to increase in
global retail industry, increase in global
e-commerce market and increase in GDP.
5
Global Luxury Goods Market by Country Analysis
  • Americas Personal Luxury Goods Market by Value
    2010-2014 (US Billion)

Europes Personal Luxury Goods Market by Value
2010-2014 (US Billion)
  • Asias Personal Luxury Goods Market by Value
    2010-2014 (US Billion)

6
Title Global Luxury Goods Market Trends
Opportunities (2015-2019) Published November
2015 Pages 84 Price US 850 (Single-User
License) US 1700 (Corporate
License) For placing an order of the Report,
please follow the link below http//www.daedal-re
search.com//global-luxury-goods-market-trends-oppo
rtunities-2015-2019
For more details please contact Mr. Rajeev Kumar
Tel 91-120-4553017 (9.30 am - 6.30 pm)
ISTMobile 91-8743975789 (24 X7)Enquiries
info_at_daedal-research.com
Daedal Research Daedal Research is a research and
consulting firm specialized in providing research
reports and customized business research and
analysis. The research firm offers a blend of the
best strategic consulting and market research
solutions, which promise data rich, cost
effective, and highly insightful analysis to help
its clients with perfect answers to their
important business queries.
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