Retail sales are forecast to rise at a current value CAGR of 8% (2023 constant value CAGR of 5%) over 2023-2028 to amount to AUD4.5 billion, exceeding the level of sales recorded prior to the pandemic.
Luxury hotels looks set to see retail sales increase at a CAGR of 8% (5% 2023 constant value CAGR) over 2023-2028, making it the most dynamic category within experiential luxury. Sales will increase to total AUD4.
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Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Experiential Luxury industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is an aggregation of Luxury Hotels and Luxury Foodservice.See All of Our Definitions
This report originates from Passport, our Experiential Luxury research and analysis database.
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