The reopening of the economy in 2022 and the lifting of restrictions is creating a more positive environment for spending on luxury timepieces in the Netherlands. Despite further uncertainty as a result of the regional conflict in Ukraine, retailers forecast a growing demand for luxury timepieces from both domestic consumers and foreign visitors.
Personal luxury should continue seeing positive growth during the forecast period, boosted by the return of tourism and a growing interest in affordable luxury. Younger consumers are becoming more interested in luxury brands and see these products as both a fashion complement and an investment, with this being partly down to a thriving second-hand market.
Luxury jewellery is expected to be more influenced by the growing demand for sustainable and socially responsible products over the forecast period. Consumers are likely to focus more on the origin of the materials used in the jewellery they buy but will likely be willing to pay more to ensure it is produced under fair trade conditions.
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Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Netherlands 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 Netherlands, 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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