Luxury Goods

Market research on the luxury goods industry. Our reports feature...

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.

 
Country Report

Luxury Goods in Germany

Apr 2022

Luxury goods rebounded strongly in Germany in 2021, seeing double-digit current value growth, following a strong decline in 2020 due to the impact of COVID-19. Despite overall value sales still not returning to the pre-pandemic level, the stronger…

USD 1,210
Country Report

Luxury Goods in Switzerland

Jan 2022

COVID-19 had a significant negative impact on sales of luxury goods in Switzerland in 2020, seeing a double-digit retail current value decline. Although sales of such products are driven by affluent consumers who are less likely to be impacted by…

USD 1,210
Country Report

Luxury Goods in Turkey

Jan 2022

Luxury goods in Turkey performed reasonably well in 2021, with total current value sales growing at a healthy pace and most categories showing dramatically improved results in volume terms. The market as a whole benefited from the progression of the…

USD 1,210
Country Report

Luxury Goods in Japan

Feb 2022

Overall luxury goods experienced a significant contraction in 2020, due to the imposition of a state of emergency in Japan during April and May due to the emergence of COVID-19. During this time, non-essential stores closed or reduced their operating…

USD 1,210
Country Report

Luxury Goods in Brazil

Feb 2022

Unlike most of the non-urgent consumer goods industries (such as mainstream apparel and footwear or personal accessories), luxury goods went against the negative results of COVID-19 in 2020. Relying on the strong purchasing power of affluent consumer…

USD 1,210
Country Report

Luxury Goods in the Philippines

Jan 2022

As in many markets around the world, measures imposed in order to curb the spread of COVID-19 have had a significant negative impact on sales of luxury goods in the Philippines. Although in the past, luxury goods have often been regarded as…

USD 1,210
Country Report

Luxury Goods in South Africa

Mar 2022

Luxury goods in South Africa was significantly impacted by the emergence of the pandemic in 2020 as a result of lockdowns and various restrictions including border closures and the temporary closure of non-essential stores introduced by the…

USD 1,210
Country Report

Luxury Goods in Mexico

Dec 2021

Measures introduced to limit the spread of COVID-19 had a marked impact on the luxury goods market in Mexico in 2020. Many Mexicans followed the recommendations by staying at home as much as possible in order to stay safe, while public spaces,…

USD 1,210
Country Report

Luxury Goods in Indonesia

Dec 2021

Luxury goods was one of the consumer goods industries hardest hit by the COVID-19 pandemic. The fact that sales of luxury goods are reliant on the premium retail experience became a major Achilles’ heel for the entire industry as many people remained…

USD 1,210
Country Report

Luxury Goods in Thailand

Dec 2021

New waves of the Coronavirus (COVID-19) pandemic occurred in Thailand during 2021 with the number of new cases reaching 20,000 a day at one point. As a result, demand for luxury goods was rather volatile with the market subjected to a number of…

USD 1,210
Country Report

Luxury Goods in Taiwan

Dec 2021

The overall luxury goods industry in Taiwan has been firmly impacted by the COVID-19 pandemic, although this is more as a result of the collapse in experiential luxury earnings as well as a sharp slowdown in value sales of premium and luxury cars.…

USD 1,210
Country Report

Luxury Goods in Italy

Dec 2021

Having plunged by more than a quarter during 2020, retail current value sales of luxury goods will exhibit a modest rebound during 2021, with premium and luxury cars the top performer, followed by super premium beauty and personal care. The pandemic…

USD 1,210
Country Report

Luxury Goods in Singapore

Dec 2021

Luxury goods in Singapore experienced a significant decline in value sales in 2020, largely attributed to the effects brought about by the emergence of the pandemic, which resulted in both demand and supply shocks to the market. Demand-wise,…

USD 1,210
Country Report

Luxury Goods in Poland

Dec 2021

While luxury goods registered a double-digit decline in current value sales in 2020, the outlook is much more positive in 2021, with current value growth expected across all luxury goods. Up to now, the economy has coped relatively well from the…

USD 1,210
Country Report

Luxury Goods in Romania

Dec 2021

In terms of values sales, personal luxury has one of the highest shares of luxury goods. However, the performance of categories within personal luxury differed depending on the category’s necessity and their dependence on travel and normal working…

USD 1,210
Country Report

Luxury Goods in France

Dec 2021

For luxury goods in 2021, the picture is a mixed one. On one hand, the category is set to display retail value growth that is almost twice as large as the rate recorded in 2019. On the other, this growth will not offset the huge losses sustained in…

USD 1,210
Country Report

Luxury Goods in Sweden

Dec 2021

In terms of the size of value sales, luxury goods is dominated by premium and luxury cars, which is rebounding in 2021 driven by the growing demand for electric cars and consumers’ desires to avoid new car tax regulations which became effective from…

USD 1,210
Country Report

Luxury Goods in Spain

Dec 2021

Having plunged by around a quarter during 2020, retail current value sales of luxury goods rebounded significantly in 2021 but remained some way off their pre-pandemic (2019) peak. This rebound was particularly notable for premium and luxury cars and…

USD 1,210
Country Report

Luxury Goods in Russia

Dec 2021

Sales of luxury goods saw a significant impact from the outbreak of COVID-19 in 2020, resulting in slower current value growth than in 2019. In response to the pandemic Russia closed its borders to foreign arrivals which dealt a significant blow to…

USD 1,210
Country Report

Luxury Goods in China

Dec 2021

Luxury goods in China is expected to sustain strong momentum post-COVID-19 and register double-digit current value growth in 2021, thanks to the strong purchasing power of China’s affluent demographic. Repatriated luxury spending, compounded by the…

USD 1,210
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