Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Country Report

Luxury Goods in

Luxury Goods in Malaysia

65 pages, Feb 2018

US$1,210

Add to cart Pay by invoice

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!

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!

Demand for luxury goods remains strong

Demand for luxury goods in Malaysia continues to vary strongly by location and income group, with a large number of products in this area being found in premium shopping locations in Kuala Lumpur, Penang and Johor. Most premium outlets are also established within these locations, where demand for luxury goods is highest.

Demand for luxury goods continues to rise despite volatile economy

Luxury goods in Malaysia has survived challenging economic conditions in 2017 by maintaining steady value growth. Luxury goods sales continue to rise at a stable rate due to steady tourist inflow from places like China, India, Indonesia and the Middle East.

International brands continue to dominate sales

International luxury houses continue to dominate sales in luxury goods. Multinational players like LVMH, Kering, Prada, Richemont and Luxottica market a wide range of luxury brands under one roof and enjoy a strong brand reputation worldwide.

Physical stores dominate distribution of luxury goods

In Malaysia, brick-and-mortar stores dominated distribution of luxury goods during 2017. The exclusivity of luxury goods brands has led to stronger consumer preference for shopping via individual standalone brand stores.

Slow positive outlook forecasted in luxury goods

Luxury goods in Malaysia is predicted to pick up again over the forecast period as consumer purchasing confidence rises. Despite slowing consumer purchasing confidence over the review period, luxury players will continue to follow an aggressive expansion strategy over the forecast period (eg opening more luxury hotels, launch of new luxury car models and opening of luxury brand stores).

Files are delivered directly into your account within a few minutes of purchase.

Samples

Luxury Goods Sample Report Luxury Goods Sample Data

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.

Samples (FAQs about samples):

Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Luxury Goods industry in Malaysia 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 Luxury Goods industry in Malaysia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Goods in Malaysia 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 Luxury Goods in Malaysia?
What are the major brands in Malaysia?
How dynamic is the growth of Luxury Goods 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 information

Luxury Goods in Malaysia

EXECUTIVE SUMMARY

Demand for luxury goods remains strong

Demand for luxury goods continues to rise despite volatile economy

International brands continue to dominate sales

Physical stores dominate distribution of luxury goods

Slow positive outlook forecasted in luxury goods

MARKET INDICATOR

Table 1 Number of High Net Worth Individuals (HNWI): 2012-2017

MARKET DATA

Table 2 Sales of Luxury Goods by Category: Value 2012-2017
Table 3 Sales of Luxury Goods by Category: % Value Growth 2012-2017
Table 4 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2017
Table 5 NBO Company Shares of Luxury Goods: % Value 2012-2016
Table 6 LBN Brand Shares of Luxury Goods: % Value 2013-2016
Table 7 Distribution of Luxury Goods by Format and Category: % Value 2017
Table 8 Forecast Sales of Luxury Goods by Category: Value 2017-2022
Table 9 Forecast Sales of Luxury Goods by Category: % Value Growth 2017-2022

SOURCES

Summary 1 Research Sources

Designer Apparel and Footwear (Ready-To-Wear) in Malaysia

HEADLINES

PROSPECTS

Affordable luxury brands lead sales

Athleisure trend expands into designer apparel and footwear

Growing demand for designer footwear

COMPETITIVE LANDSCAPE

Highly fragmented area, with large number of international competitors

Designer apparel and footwear outlets focusing on premium shopping malls

Internet retailing sales remain limited

CATEGORY DATA

Table 10 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2012-2017
Table 11 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2012-2017
Table 12 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2012-2016
Table 13 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2013-2016
Table 14 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2012-2017
Table 15 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2017-2022
Table 16 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2017-2022

Fine Wines/Champagne and Spirits in Malaysia

HEADLINES

PROSPECTS

Sales fuelled by increase in number of fine dining options

New luxury hotels boosting sales among tourists

Changing lifestyle trends shape drinking habits of Malaysians

COMPETITIVE LANDSCAPE

Focus on new product launches to attract consumers

Distribution through drink specialist retailers

Growing internet sales

CATEGORY DATA

Table 17 Sales of Fine Wines/Champagne and Spirits by Category: Value 2012-2017
Table 18 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2012-2017
Table 19 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2012-2016
Table 20 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2013-2016
Table 21 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2012-2017
Table 22 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2017-2022
Table 23 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2017-2022

Luxury Cars in Malaysia

HEADLINES

PROSPECTS

Entry-level luxury cars enjoy strong attention

Stronger visibility for green-technology luxury cars

Uncertainty over government assistance

COMPETITIVE LANDSCAPE

Outstanding performance by Mercedes-Benz

Growing demand for hybrid cars

Authorised dealers remain key distribution channel for supercars

CATEGORY DATA

Table 24 Sales of Luxury Cars: Value 2012-2017
Table 25 Sales of Luxury Cars: % Value Growth 2012-2017
Table 26 NBO Company Shares of Luxury Cars: % Value 2012-2016
Table 27 LBN Brand Shares of Luxury Cars: % Value 2013-2016
Table 28 Forecast Sales of Luxury Cars: Value 2017-2022
Table 29 Forecast Sales of Luxury Cars: % Value Growth 2017-2022

Luxury Eyewear in Malaysia

HEADLINES

PROSPECTS

Entry level luxury eyewear enjoys strong demand

Optical store promotional campaigns attracting consumers

Fashion brands dominate luxury eyewear

COMPETITIVE LANDSCAPE

Luxottica Group maintains outstanding performance in luxury eyewear

Optical stores lead distribution

Growing internet retailing sales

CATEGORY DATA

Table 30 Sales of Luxury Eyewear by Category: Value 2012-2017
Table 31 Sales of Luxury Eyewear by Category: % Value Growth 2012-2017
Table 32 NBO Company Shares of Luxury Eyewear: % Value 2012-2016
Table 33 LBN Brand Shares of Luxury Eyewear: % Value 2013-2016
Table 34 Distribution of Luxury Eyewear by Format: % Value 2012-2017
Table 35 Forecast Sales of Luxury Eyewear by Category: Value 2017-2022
Table 36 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2017-2022

Luxury Hotels (5-Star Plus) in Malaysia

HEADLINES

PROSPECTS

Luxury lifestyle hotels continue to grow in popularity

Targeting of younger consumers

Luxury hotels target big spending tourists

COMPETITIVE LANDSCAPE

New luxury hotels concentrated within big cities and beach locations

Luxury hotels enhance competitiveness with unique stay experience

Increased focus on cultural tourism

CATEGORY DATA

Table 37 Sales in Luxury Hotels (5-star plus): Value 2012-2017
Table 38 Sales in Luxury Hotels (5-star plus): % Value Growth 2012-2017
Table 39 Sales in Luxury Hotels (5-star plus) by Country of Origin: % Value 2013-2017
Table 40 NBO Company Shares of Luxury Hotels (5-star plus): % Value 2012-2016
Table 41 LBN Brand Shares of Luxury Hotels (5-star plus): % Value 2013-2016
Table 42 Forecast Sales in Luxury Hotels (5-star plus): Value 2017-2022
Table 43 Forecast Sales in Luxury Hotels (5-star plus): % Value Growth 2017-2022

Luxury Jewellery in Malaysia

HEADLINES

PROSPECTS

Consumer spending behaviour softens sales in luxury jewellery

New designs attracting consumers

Safety affects demand for luxury jewellery

COMPETITIVE LANDSCAPE

New luxury jewellery concept targets younger generation

Specialist retailers continue to dominate sales

Malaysians yet to be convinced by internet retailing

CATEGORY DATA

Table 44 Sales of Luxury Jewellery by Category: Value 2012-2017
Table 45 Sales of Luxury Jewellery by Category: % Value Growth 2012-2017
Table 46 NBO Company Shares of Luxury Jewellery: % Value 2012-2016
Table 47 LBN Brand Shares of Luxury Jewellery: % Value 2013-2016
Table 48 Distribution of Luxury Jewellery by Format: % Value 2012-2017
Table 49 Forecast Sales of Luxury Jewellery by Category: Value 2017-2022
Table 50 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2017-2022

Luxury Leather Goods in Malaysia

HEADLINES

PROSPECTS

Female consumers remain key target group within luxury leather goods

Lower priced ranges boosting demand

Personalisation service in luxury leather goods

COMPETITIVE LANDSCAPE

International luxury brands continue to dominate sales

New stores and rages to attract consumers

Standalone brand stores remain key retail channel

CATEGORY DATA

Table 51 Sales of Luxury Leather Goods: Value 2012-2017
Table 52 Sales of Luxury Leather Goods: % Value Growth 2012-2017
Table 53 NBO Company Shares of Luxury Leather Goods: % Value 2012-2016
Table 54 LBN Brand Shares of Luxury Leather Goods: % Value 2013-2016
Table 55 Distribution of Luxury Leather Goods by Format: % Value 2012-2017
Table 56 Forecast Sales of Luxury Leather Goods: Value 2017-2022
Table 57 Forecast Sales of Luxury Leather Goods: % Value Growth 2017-2022

Luxury Portable Consumer Electronics in Malaysia

HEADLINES

PROSPECTS

Luxury wearables remain niche in Malaysia

Low consumer confidence limits demand for luxury mobile phones

Shift towards non-luxury phones

COMPETITIVE LANDSCAPE

Introduction of luxury wearables in Malaysia

Entry of new luxury players

Individual brand stores continue to lead distribution

CATEGORY DATA

Table 58 Sales of Luxury Portable Consumer Electronics by Category: Value 2012-2017
Table 59 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2012-2017
Table 60 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2012-2016
Table 61 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2013-2016
Table 62 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2012-2017
Table 63 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2017-2022
Table 64 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2017-2022

Luxury Timepieces in Malaysia

HEADLINES

PROSPECTS

Performance of luxury timepieces dampened by economic slowdown

Companies continue to promote luxury timepieces in Malaysia

Strong demand among tourists

COMPETITIVE LANDSCAPE

New product launches contribute to sustainable demand

Significant distribution via watch and jewellery specialist retailers

Growing popularity of standalone boutiques

CATEGORY DATA

Table 65 Sales of Luxury Timepieces by Category: Value 2012-2017
Table 66 Sales of Luxury Timepieces by Category: % Value Growth 2012-2017
Table 67 NBO Company Shares of Luxury Timepieces: % Value 2012-2016
Table 68 LBN Brand Shares of Luxury Timepieces: % Value 2013-2016
Table 69 Distribution of Luxury Timepieces by Format: % Value 2012-2017
Table 70 Forecast Sales of Luxury Timepieces by Category: Value 2017-2022
Table 71 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2017-2022

Luxury Writing Instruments and Stationery in Malaysia

HEADLINES

PROSPECTS

Luxury writing instruments and stationery remains niche area in Malaysia

Premiumisation of leading writing instruments brands

Entry of new brands to attract consumers

COMPETITIVE LANDSCAPE

Montblanc leads luxury writing instruments and stationery

Entry of new players fuelling competition

Individual brand stores gaining sales share

CATEGORY DATA

Table 72 Sales of Luxury Writing Instruments and Stationery: Value 2012-2017
Table 73 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2012-2017
Table 74 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2012-2016
Table 75 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2013-2016
Table 76 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2012-2017
Table 77 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2017-2022
Table 78 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2017-2022

Super Premium Beauty and Personal Care in Malaysia

HEADLINES

PROSPECTS

Fashion brands entering super premium beauty and personal care

Demand remains steady despite economic downturn

Investment in marketing to attract consumers

COMPETITIVE LANDSCAPE

International brands continue to dominate sales

Introduction of new ranges to boost sales

Expansion of standalone brand stores

CATEGORY DATA

Table 79 Sales of Super Premium Beauty and Personal Care by Category: Value 2012-2017
Table 80 Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2012-2017
Table 81 NBO Company Shares of Super Premium Beauty and Personal Care: % Value 2012-2016
Table 82 LBN Brand Shares of Super Premium Beauty and Personal Care: % Value 2013-2016
Table 83 Distribution of Super Premium Beauty and Personal Care by Format: % Value 2012-2017
Table 84 Forecast Sales of Super Premium Beauty and Personal Care by Category: Value 2017-2022
Table 85 Forecast Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2017-2022

Why buy this report?

Want to find out more about this report?

Request more information

Megatrends

Country Report

Luxury Goods in Malaysia

New Report Guarantee

Executive Summary

New Report Guarantee

Demand for luxury goods remains strong

Demand for luxury goods continues to rise despite volatile economy

International brands continue to dominate sales

Physical stores dominate distribution of luxury goods

Slow positive outlook forecasted in luxury goods

Samples

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Luxury Goods in Malaysia

EXECUTIVE SUMMARY

Demand for luxury goods remains strong

Demand for luxury goods continues to rise despite volatile economy

International brands continue to dominate sales

Physical stores dominate distribution of luxury goods

Slow positive outlook forecasted in luxury goods

MARKET INDICATOR

MARKET DATA

SOURCES

Designer Apparel and Footwear (Ready-To-Wear) in Malaysia

HEADLINES

PROSPECTS

Affordable luxury brands lead sales

Athleisure trend expands into designer apparel and footwear

Growing demand for designer footwear

COMPETITIVE LANDSCAPE

Highly fragmented area, with large number of international competitors

Designer apparel and footwear outlets focusing on premium shopping malls

Internet retailing sales remain limited

CATEGORY DATA

Fine Wines/Champagne and Spirits in Malaysia

HEADLINES

PROSPECTS

Sales fuelled by increase in number of fine dining options

New luxury hotels boosting sales among tourists

Changing lifestyle trends shape drinking habits of Malaysians

COMPETITIVE LANDSCAPE

Focus on new product launches to attract consumers

Distribution through drink specialist retailers

Growing internet sales

CATEGORY DATA

Luxury Cars in Malaysia

HEADLINES

PROSPECTS

Entry-level luxury cars enjoy strong attention

Stronger visibility for green-technology luxury cars

Uncertainty over government assistance

COMPETITIVE LANDSCAPE

Outstanding performance by Mercedes-Benz

Growing demand for hybrid cars

Authorised dealers remain key distribution channel for supercars

CATEGORY DATA

Luxury Eyewear in Malaysia

HEADLINES

PROSPECTS

Entry level luxury eyewear enjoys strong demand

Optical store promotional campaigns attracting consumers

Fashion brands dominate luxury eyewear

COMPETITIVE LANDSCAPE

Luxottica Group maintains outstanding performance in luxury eyewear

Optical stores lead distribution

Growing internet retailing sales

CATEGORY DATA

Luxury Hotels (5-Star Plus) in Malaysia

HEADLINES

PROSPECTS

Luxury lifestyle hotels continue to grow in popularity

Targeting of younger consumers

Luxury hotels target big spending tourists

COMPETITIVE LANDSCAPE

New luxury hotels concentrated within big cities and beach locations

Luxury hotels enhance competitiveness with unique stay experience