Generation Z and Generation Alpha are groups of consumers born between 1995-2009 and 2010-2024, respectively. As per Euromonitor International’s Economies and Consumers Data, these age groups account for a combined 48% of the total population in India as of 2022.
The pandemic has triggered swift digitalisation efforts by premium retailers. These efforts were initially made to address prolonged home seclusion during 2020 and the first half of 2021 due to high cases of COVID-19, which prevented consumers from visiting physical stores for in-person shopping.
Sustainability as a trend has been garnering attention for a number of years as the adverse effects of global warming and industrialisation are now highly visible to the entire global population. Hence, consumers are increasingly searching for products that are sustainable or use sustainable manufacturing processes such as recycled raw materials, ethical sourcing or local sourcing.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Personal Luxury industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is an aggregation of Designer Clothing and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Timepieces, Luxury Leather Goods, Luxury Writing Instruments and Stationery, Luxury Portable Consumer Electronics and Super Premium Beauty and Personal Care.See All of Our Definitions
This report originates from Passport, our Personal Luxury research and analysis database.
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