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Country Report

Luxury Portable Consumer Electronics in

Luxury Portable Consumer Electronics in France

Jan 2021

US$990

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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!

2020 IMPACT

Category suffers from absence of Asian tourists during COVID-19 pandemic

In the beginning of 2020, luxury portable consumer electronics continued to benefit from a high level of international tourism. Wealthy tourists, especially those from China, are a key consumer base for products in luxury portable consumer electronics, and the high level of tourism at the beginning of the year favoured this category.

Sales fail to pick up with the end of lockdown

After French national lockdown measures came to an end in May 2020, brand owners in luxury portable consumer electronics began to reopen their retail outlets. Even though outlets were permitted to reopen, however, sales were extremely slow to pick up as the flow of foreign visitors remained extremely low, especially when it came to non-European tourists.

Luxury mobile phones continues to decline

Luxury mobile phones suffered a more significant decline than luxury wearables in 2020, which is consistent with the downwards trend established in the review period. Declining interest in luxury mobile phones has been exacerbated by Vertu’s bankruptcy and disappearance from the category sending negative signals to the luxury phone industry and limiting its potential to bounce back.

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Overview

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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.

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Overview

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

The Luxury Portable Consumer Electronics in France 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 Portable Consumer Electronics in France?
What are the major brands in France?
How dynamic is the growth of Luxury Portable Consumer Electronics 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

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Luxury Portable Consumer Electronics in France - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Category suffers from absence of Asian tourists during COVID-19 pandemic

Sales fail to pick up with the end of lockdown

Luxury mobile phones continues to decline

RECOVERY AND OPPORTUNITIES

E-commerce to grow as COVID-19 drives consumers online

Players turn their attention to local consumers as international tourists are slow to return

Traditional watch companies make waves in the category

CATEGORY DATA

Table 1 Sales of Luxury Portable Consumer Electronics by Category: Value 2015-2020
Table 2 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2015-2019
Table 4 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2016-2019
Table 5 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2015-2020
Table 6 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2020-2025
Table 7 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2020-2025

Luxury Goods in France - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2015-2020
Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025

Megatrends

Country Report

Luxury Portable Consumer Electronics in France

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Category suffers from absence of Asian tourists during COVID-19 pandemic

Sales fail to pick up with the end of lockdown

Luxury mobile phones continues to decline

Overview

Why buy this report?

Samples (FAQs about samples):

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Table of Contents

Luxury Portable Consumer Electronics in France - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Category suffers from absence of Asian tourists during COVID-19 pandemic

Sales fail to pick up with the end of lockdown

Luxury mobile phones continues to decline

RECOVERY AND OPPORTUNITIES

E-commerce to grow as COVID-19 drives consumers online

Players turn their attention to local consumers as international tourists are slow to return

Traditional watch companies make waves in the category

CATEGORY DATA

Luxury Goods in France - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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