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Luxury Goods

Euromonitor International publishes the world's most comprehensive market research on the luxury goods industry. Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and share data, distribution and industry trends and sub-category level information. 

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Country Report

Luxury Goods in India

Feb 2017

A series of measures undertaken by the government of India in 2016 to curb the menace of black money significantly impacted the sales of luxury goods in India. The government of India introduced stringent measures such as demonetisation, the ...

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Country Report

Luxury Goods in Indonesia

Feb 2017

Indonesian luxury goods in 2016 recorded current value growth, but at a lower rate than in the previous few years. Demand for luxury products had continued to grow as Indonesia’s GDP rose; however, growth slowed due to depreciation of the rupiah in ...

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Strategy Briefing

Global Luxury Travel Trends Report

Feb 2017

The luxury travel industry is once again in the grip of major upheaval, with rising geopolitical tensions, such as the spill-over effects of the Middle East conflict, giving rise to mass migration and terrorist attacks. At the same time, luxury ...

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Country Report

Luxury Goods in South Africa

Feb 2017

South Africa registered very little growth in GDP during 2016. Consumer demand was constrained by low levels of consumer confidence, higher taxes and a drop in real wages. Power outages also continued to be a problem, all of which came at a ...

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Country Report

Luxury Goods in the Philippines

Jan 2017

Luxury goods performed slightly better in the review period as economic conditions continued to improve providing great opportunities for the different categories to grow. GDP growth, demographic shifts, improvements in shopping facilities and ...

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Country Report

Luxury Goods in the United Arab Emirates

Jan 2017

Luxury goods witnessed a significant slowdown in growth in 2015, which intensified in 2016. This was mainly due to the fall in oil prices and gold prices plus rising living costs. This situation intensified with the global economic performance, which...

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Country Report

Luxury Goods in Taiwan

Jan 2017

Value growth of luxury goods in 2016 was lower than the review period average. A massive growth decline in the number of tourists from China led to a drop in luxury purchases. Chinese tourists have been the major consumer group buying luxury goods ...

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Country Report

Luxury Goods in Thailand

Dec 2016

The luxury goods market in Thailand continues to be on the rise thanks to growing materialism as well as a recovery in the Thai economy. Much of the growth in luxury is supported by the Thai government’s push for the country to be a luxurious ...

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Country Report

Luxury Goods in Hong Kong, China

Dec 2016

After a tough year in 2015, luxury goods in Hong Kong continued to suffer as luxury spending remained low in 2016. The high exchange value of the Hong Kong dollar continued to weaken Hong Kong’s position as a luxury retail destination as the ...

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Country Report

Luxury Goods in Malaysia

Dec 2016

In 2016, Malaysia recorded slower GDP growth of just 5%. This, along with the rising cost of living and the weaker Malaysian ringgit, affected the performance of various luxury goods categories as consumers reined in their spending....

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Country Report

Luxury Goods in South Korea

Dec 2016

Luxury goods maintained healthy current value sales growth in 2016. Although the global economic downturn impacted multiple industries in South Korea, luxury goods prospered as consumers showed increasingly sophisticated tastes. Companies diversified...

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Country Report

Luxury Goods in Romania

Dec 2016

After being severely hit by financial crises, Romania is back on track and the entire economy is largely back where it left off before the crises. This is also valid for luxury goods for which the review period showed impressive growth rates ...

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Country Report

Luxury Goods in Poland

Dec 2016

The performance of luxury goods in Poland remained positive in 2016, presenting healthy value progress of over 5%. The pace of sales growth was slightly lower than 6% CAGR registered over the 2011-2016 review period. The positive tendencies were ...

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Country Report

Luxury Goods in the United Kingdom

Dec 2016

Michael Kors, Burberry or Hugo Boss are developing ready-to-wear products that can be bought just after their runway shows. This is a new concept that generates greater excitement and anticipation around the brand, products and new collections. In ...

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Country Report

Luxury Goods in Italy

Dec 2016

Overall luxury goods saw muted current value growth in 2016 over the previous year, with this in line with the review period CAGR. Growth was however constrained by deflation in the year, with value growth at constant 2016 prices being more than ...

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Country Report

Luxury Goods in Germany

Nov 2016

Luxury goods enjoyed further positive growth in Germany in 2016, with volume and value sales increases seen in all nine categories covered by Euromonitor International. The highest overall growth was seen in the rather young category of luxury ...

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Country Report

Luxury Goods in Ukraine

Nov 2016

In 2016, the luxury industry in Ukraine continued to shrink in volume as consumers remained price-sensitive and their incomes did not show any significant signs of improvement. Prices of luxury goods, which increased several times since 2013 due to ...

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Country Report

Luxury Goods in Brazil

Nov 2016

With negative GDP growth, high inflation, tax increases and rising unemployment, even the most resilient luxury goods consumers became more conservative with their purchases in 2016, discouraged by uncertainty regarding the future. This trend, ...

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Country Report

Luxury Goods in Spain

Nov 2016

The Spanish luxury goods industry has recorded positive current value growth in 2016. However, the industry has witnessed slightly weaker growth than in the previous year. The prospect of a third presidential election and a possible change in the ...

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Country Report

Luxury Goods in Switzerland

Nov 2016

The difficult retail environment created by the strong Swiss franc and the lifting of the euro exchange rate cap by the Swiss Central Bank in January 2015 slightly relaxed in 2016, but not fully. Luxury goods registered moderate current value growth ...

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