Retail constant value sales of personal luxury will begin to expand again in 2023, but they will remain below their pre-pandemic peak even at the very end of the forecast period. Inflationary pressure will continue to weigh on demand during the early part of the forecast period, by making local consumers more price sensitive.
Polish customers are becoming more conscious consumers. On the one hand, they are eager to choose goods from well-known fashion houses in order to show off a product from a famous designer to their friends and emphasise their social status.
The market for second-hand personal luxury will continue to expand during the forecast period – particularly for designer apparel and footwear, luxury timepieces and luxury jewellery. Online marketplaces like Vinted, Allegro and Ceneo are flourishing, making it easier for local consumers to offload items that they no longer use.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Poland 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 Poland, 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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