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Country Report
Designer Apparel and Footwear (Ready-To-Wear) in Taiwan
Jan 2021
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Executive Summary
New Report Guarantee
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
2020 IMPACT
Split in consumption patterns as some consumers economise whilst others use the pandemic as an opportunity to buy
Designer apparel and footwear (ready-to-wear) will see a slight slowdown in current value sales in 2020 in response to the pandemic. Although Taiwan has been less negatively impacted compared to other countries, some consumers have still seen their disposable incomes reduced and have therefore been prioritising more essential products.
Top-tier brands continue seeing growth due to their affluent consumer base and refreshing innovations
Despite the pandemic, top-tier brands such as Hermès and Chanel have continued to record strong growth in 2020. The main reason for this is because designer apparel and footwear (ready-to-wear) in Taiwan is relatively stable and has therefore not been severely impacted by the COVID-19 crisis.
Players target millennial consumers whilst celebrity endorsements continue to have a minimal effect
A growing number of designer apparel and footwear (ready-to-wear) players are targeting millennial consumers, who are becoming more influential consumers and are increasingly attracted to trendy designer brands due to the growing influence from social media. Some players have also been focusing on celebrity endorsements in order to promote their brands.
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Overview
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Designer Apparel and Footwear (Ready-to-Wear) industry in Taiwan with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Designer Apparel and Footwear (Ready-to-Wear) industry in Taiwan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Designer Apparel and Footwear (Ready-to-Wear) in Taiwan market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of Designer Apparel and Footwear (Ready-to-Wear) in Taiwan?
- What are the major brands in Taiwan?
- How dynamic is the growth of Designer Apparel and Footwear (Ready-to-Wear) internet sales?
- What is driving growth?
Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply function
Want to find out more about this report?
Request more informationTable of Contents
Designer Apparel and Footwear (Ready-To-Wear) in Taiwan - Category analysis
KEY DATA FINDINGS
2020 IMPACT
Split in consumption patterns as some consumers economise whilst others use the pandemic as an opportunity to buy
Top-tier brands continue seeing growth due to their affluent consumer base and refreshing innovations
Players target millennial consumers whilst celebrity endorsements continue to have a minimal effect
RECOVERY AND OPPORTUNITIES
Sustainability, functionality, personalisation, and differentiation are key to the recovery of designer apparel and footwear (ready-to-wear)
Unit prices set to increase as production costs rise as a consequence of the pandemic
Mid-tier luxury brands continue to lose customers to top-tier brands
CATEGORY DATA
Table 1 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2015-2020Table 2 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2015-2019
Table 4 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2016-2019
Table 5 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2015-2020
Table 6 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2020-2025
Table 7 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2020-2025
Luxury Goods in Taiwan - Industry Overview
EXECUTIVE SUMMARY
COVID-19 impact on luxury goods
COVID-19 country impact
Company response
Retailing shift
What next for luxury goods?
MARKET INDICATORS
Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020MARKET DATA
Table 9 Sales of Luxury Goods by Category: Value 2015-2020Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025
DISCLAIMER
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
SOURCES
Summary 1 Research SourcesWhy buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
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Request more informationComplete Catalogue
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- Designer Apparel and Footwear (Ready-To-Wear) in South Africa | Mar 2021
- Designer Apparel and Footwear (Ready-To-Wear) in South Korea | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Spain | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Sweden | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Switzerland | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Thailand | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the Netherlands | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the Philippines | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the United Arab Emirates | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the United Kingdom | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the US | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Turkey | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Ukraine | Jan 2021
Company Reports
- Burberry Group Plc in Luxury Goods | Jul 2018
- LVMH Moët Hennessy Louis Vuitton SA in Luxury Goods | Mar 2018
Complete Catalogue
Country Reports
- Designer Apparel and Footwear (Ready-To-Wear) in Argentina | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Australia | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Brazil | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Canada | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in China | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in France | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Germany | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Hong Kong, China | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in India | Feb 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Indonesia | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Italy | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Japan | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Malaysia | Feb 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Mexico | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Poland | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Romania | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Russia | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Singapore | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in South Africa | Mar 2021
- Designer Apparel and Footwear (Ready-To-Wear) in South Korea | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Spain | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Sweden | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Switzerland | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Thailand | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the Netherlands | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the Philippines | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the United Arab Emirates | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the United Kingdom | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in the US | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Turkey | Jan 2021
- Designer Apparel and Footwear (Ready-To-Wear) in Ukraine | Jan 2021
Company Reports
- Burberry Group Plc in Luxury Goods | Jul 2018
- LVMH Moët Hennessy Louis Vuitton SA in Luxury Goods | Mar 2018