Luxury Goods

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.
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Strategy Briefing

Strategy Briefing

The Impact of Coronavirus on Luxury Goods

May 2020

This report examines the impact of the Coronavirus (COVID-19) global pandemic on the luxury goods industry. Luxury shopping behaviour, channel dynamics and travel plans are seeing inevitable shifts as a result of lockdowns, as well as the closure of ...

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Country Report

Country Report

Luxury Goods in the United Arab Emirates

Mar 2020

Given that the UAE has become increasingly connected to the global economy, it is expected that the retail environment will incur some risks related to growing trade protectionism, heightened political uncertainty and financial market turbulence. One...

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Strategy Briefing

Strategy Briefing

Sustainability: The New Battlefield in Luxury

Mar 2020

The last 30 years witnessed more damage to our planet than in the previous five billion years. Environmental threats and the need for sustainability are shaping how luxury companies do business, as well as how consumers show brand loyalty. This ...

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Country Report

Country Report

Luxury Goods in Brazil

Feb 2020

The impacts of the Brazilian economic crisis of 2016/2017 have persisted in all industries, including luxury goods, usually the most resilient sector. Even though economic indicators have returned to a positive perspective with greater steadiness, ...

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Country Report

Country Report

Luxury Goods in Thailand

Feb 2020

Luxury goods continued to perform well in current value terms in Thailand in 2019. Consumers see luxury brands as offering high levels of value through their heritage and exclusivity. Demand remains strong, with sophisticated millennials representing...

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Country Report

Country Report

Luxury Goods in Mexico

Feb 2020

In 2019, luxury goods remained a growing industry despite uncertainty in the country lingering as the new president Andrés Manuel López Obrador began his term in office. However, while the industry faced challenges, it also benefited from a stable ...

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Country Report

Country Report

Luxury Goods in Germany

Feb 2020

The industry of luxury goods in Germany performed positively during 2019 in current value terms. However, compared to the previous year’s results, the growth rate in 2019 was lower. Many factors underlie this performance, with almost all categories ...

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Country Report

Country Report

Luxury Goods in India

Feb 2020

The luxury goods market continued to show significant growth in 2019, driven by dynamism in a number of personal luxury categories. India has one of the youngest populations in the world, and designer apparel and footwear (ready-to-wear), luxury ...

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Country Report

Country Report

Luxury Goods in the US

Feb 2020

A robust US economy coupled with the marketing savvy of global luxury brands led to growth across both experiential and personal luxury product categories in 2019. Millennials continue to drive consumers’ increasing inclination to spend their ...

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Country Report

Country Report

Luxury Goods in Singapore

Feb 2020

The luxury goods market in Singapore saw improved growth overall in 2019, as experiential luxury, namely luxury hotels, and personal luxury, including designer apparel and footwear, luxury timepieces and super premium beauty and personal care, all ...

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Country Report

Country Report

Luxury Goods in Australia

Feb 2020

After dipping slightly in 2018, luxury goods current value sales rebounded in Australia in 2019. Overall growth was tempered somewhat by economic uncertainty and falling demand in the high-value luxury cars category. Nonetheless, the buoyancy ...

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Country Report

Country Report

Luxury Goods in South Africa

Feb 2020

South Africa’s real GDP growth decelerated to a minimal level in 2019, while consumer spending suffered from sluggish rises in disposable income and tightening credit restrictions, causing many luxury shoppers to postpone purchases or consider the ...

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Country Report

Country Report

Luxury Goods in Taiwan

Feb 2020

Luxury goods sales continued to increase during 2019, despite only mild economic growth and the impact of public pension reform in 2018, which reduced public servants’ retirement funds and benefits, thus limiting purchasing power among mid to upper ...

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Country Report

Country Report

Luxury Goods in Romania

Jan 2020

In both demand and value terms, luxury goods in Romania continues to be underdeveloped compared to other European countries such as France, Italy and Germany as sales through much of this market remain limited to the wealthiest of consumers. However,...

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Country Report

Country Report

Luxury Goods in Sweden

Jan 2020

Although luxury goods sales recovered in 2019 from the disappointing growth figures recorded in the previous two years, the increase in current value terms was still much lower than the dynamic rates seen in the 2014-2016 period. A continued shift ...

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Country Report

Country Report

Luxury Goods in Canada

Jan 2020

Overall value growth remained steady in 2019 for luxury goods, despite ongoing construction work obstructing luxury retailing zones in the Bloor-Yorkville area of Toronto and economic weakening in some parts of Canada. Growth was boosted by the ...

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Country Report

Country Report

Luxury Goods in the United Kingdom

Jan 2020

The economic uncertainty and currency fluctuations caused by the Brexit vote and the subsequent negotiations benefited luxury brands in the last few years as luxury goods continued to see growth in most categories, except for cars which were ...

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Country Report

Country Report

Luxury Goods in China

Jan 2020

With continued strong growth in 2019, China is becoming increasingly central to the global strategies of luxury goods brands, encouraging major multinational players to invest in local production, as well as tailoring their product development, ...

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Country Report

Country Report

Luxury Goods in Russia

Jan 2020

Value sales of luxury goods in Russia experienced a slowdown in 2019 compared to the previous year, as high economic polarisation of Russian society widened, following a fluctuating performance by the local economy from mid-review period onwards, ...

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Country Report

Country Report

Luxury Goods in Switzerland

Jan 2020

With the Swiss economy continuing to register positive figures in most areas, 2019 saw luxury goods in the country record its strongest current value growth for four years. Although the Swiss franc has strengthened again a little against the euro, ...

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