Luxury Goods
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Categories
- Luxury Goods
- Designer Apparel and Footwear (Ready-to-Wear)
- Fine Wines/Champagne and Spirits
- Luxury Cars
- Luxury Eyewear
- Luxury Foodservice
- Luxury Hotels (5-star plus)
- Luxury Jewellery
- Luxury Leather Goods
- Luxury Portable Consumer Electronics
- Luxury Timepieces
- Luxury Writing Instruments and Stationery
- Personal Luxury
- Super Premium Beauty and Personal Care
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Strategy Briefing
The Cannabis Index: Where and How Legalisation Will Move Next
Mar 2019
The Euromonitor Cannabis Legalisation Proximity and Attractiveness Index is the first publicly available overview of the current and future dynamism of cannabis regulation and market forces in 100 of the world’s biggest global consumer markets. ...
Country Report
Luxury Goods in the United Arab Emirates
Feb 2019
Luxury goods saw a decline in value sales in 2018 due to continued slow economic growth, with the introduction of a 5% Value Added Tax (VAT) also directly impacting luxury goods sales. However, many brands absorbed the VAT and offered deals ...
Strategy Briefing
Cannabis Market Disruptor Handbook Part II: Which Consumer Industries Will It Disrupt?
Feb 2019
Cannabis is poised to disrupt virtually every consumer industry, from food and beverages to consumer health and beauty, as well as services such as tourism, retailing and packaging – within ten years, every consumer will use some form of cannabis as ...
Country Report
Luxury Goods in Taiwan
Feb 2019
Domestic economic difficulties and falling sales amongst Chinese tourists significantly dampened luxury goods sales in Taiwan at the end of the review period. Moreover, some luxury goods categories, including luxury writing instruments and stationery...
Country Report
Luxury Goods in Romania
Feb 2019
Romania had not become a target for strong luxury brands by the end of the review period. In volume and turnover terms, luxury goods in Romania is behind other European countries such as France, Germany or Italy, where the luxury goods market is more...
Country Report
Luxury Goods in Thailand
Feb 2019
Overall, luxury goods performed well in Thailand in 2018. Consumers perceive that luxury brands offer high value through heritage and exclusivity. Demand remains strong, with millennials representing a key group of consumers. They tend to have high ...
Country Report
Luxury Goods in Spain
Feb 2019
Luxury goods remains reliant on consumption by tourists, which means its performance is volatile and depends on security and stability issues, which are difficult to predict. Local consumers suffered from low disposable incomes and tight budgets for ...
Country Report
Luxury Goods in South Africa
Feb 2019
South Africa’s economy decelerated slightly in 2018 while consumer spending suffered from stagnant employment gains and higher inflation. In addition to economic woes, trading conditions have been worse for luxury goods, given the evolution of new ...
Country Report
Luxury Goods in Indonesia
Feb 2019
The luxury goods industry in Indonesia registered an overall stable performance in 2018, but with lower growth than earlier in the review period. Each of the categories, such as luxury leather goods, luxury hotels and super premium beauty and ...
Country Report
Luxury Goods in Italy
Feb 2019
Luxury goods recorded robust current value growth in Italy in 2018, with most categories increasing. Personal luxury, accounting for over half of overall retail value sales, showed only mild growth due to the progressive rise of experiential luxury, ...
Country Report
Luxury Goods in the US
Feb 2019
In 2018, luxury goods in the US faced a slight current value decline, as demand shifted in multiple categories. A major theme across luxury goods is the role of the millennial population, which is soon to become the largest consuming generation, as ...
Country Report
Luxury Goods in Brazil
Feb 2019
As the macroeconomic scenario in Brazil remains highly turbulent, many players continue to face difficulties regarding the defining of strategic plans and projecting trends. Several events further blurred the situation over the past year, such as ...
Country Report
Luxury Goods in Argentina
Feb 2019
In 2018, there was significant current value growth for luxury goods due to changes in economic policy implemented since 2016, which once again transformed Argentina into an attractive country in which to invest. The elimination of barriers to ...
Country Report
Luxury Goods in China
Feb 2019
The luxury goods industry in China recorded a strong performance in 2018, continuing from its recovery in 2017. This strong rebound was supported by greater consumption overseas within a healthy macroeconomic context during the review period. The ...
Country Report
Luxury Goods in the United Kingdom
Feb 2019
For luxury brands, the onus was on creating “hype” products and campaigns in 2018, whilst expanding their portfolios to incorporate experiential elements in the consumer experience. This was part of a drive to attract the millennial demographic and ...
Country Report
Luxury Goods in India
Feb 2019
The current value growth in overall luxury goods witnessed a slowdown in 2018 from the previous year. The government’s stringent regulation in the form of high customs duty on luxury goods and the increased local taxes and cess on luxury goods ...
Country Report
Luxury Goods in Hong Kong, China
Feb 2019
Luxury goods has continued to benefit from the economic recovery being seen in Hong Kong, with similar current value growth to that seen in 2017. The country has seen its lowest unemployment rate for 20 years while tourism, the backbone of Hong ...
Country Report
Luxury Goods in France
Feb 2019
After a challenging past few years, marked by a drop in tourist numbers in the aftermath of the terror attacks, international tourists returned to France, which therefore saw a relative recovery in tourism in 2017 and positive developments in 2018. ...
Country Report
Luxury Goods in Canada
Feb 2019
Luxury goods continued its positive momentum in Canada in 2018, recording healthy current value growth. Growth continued to be driven primarily by international tourism, the ongoing arrival of wealthy immigrants and the expansion of global luxury ...
Country Report
Luxury Goods in Germany
Feb 2019
In 2018, luxury goods in Germany recorded a further increase in value sales as several trends had a positive impact on growth across different categories. Consumers continued to seek material assets at a time of low interest rates and therefore ...
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