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Luxury Goods in Sweden

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    Report

  • 38 Pages
  • October 2023
  • Region: Sweden
  • Euromonitor International
  • ID: 2398389
Personal luxury retail value sales increased by 18% in 2023 to amount to PLN6.6 billion, supporting growth recorded by leading brand providers, such as L’Oréal Polska Sp zoo, Kering SA and Chanel SA. Sales fell by 19% in 2020 due to the pandemic, but are now showing recovery, despite higher than normal inflation.

The Luxury Goods in Sweden report offers a comprehensive guide to the size and shape of the Luxury Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Luxury Goods market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop

Table of Contents

LUXURY GOODS IN SWEDEN
EXECUTIVE SUMMARY
  • Luxury goods in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?
MARKET DATA
  • Table 1 Sales of Luxury Goods by Category: Value 2018-2023
  • Table 2 Sales of Luxury Goods by Category: % Value Growth 2018-2023
  • Table 3 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
  • Table 4 NBO Company Shares of Luxury Goods: % Value 2018-2023
  • Table 5 LBN Brand Shares of Luxury Goods: % Value 2019-2023
  • Table 6 Distribution of Luxury Goods by Format and Category: % Value 2023
  • Table 7 Forecast Sales of Luxury Goods by Category: Value 2023-2028
  • Table 8 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
EXPERIENTIAL LUXURY IN SWEDENKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Current retail value sales of experiential luxury on the rise in 2023
  • Luxury hotels dominates in 2023
  • Grand Group AB holds the lead in experiential luxury in 2022
PROSPECTS AND OPPORTUNITIES
  • Retail value sales increase expected over 2023-2028
  • Luxury hotels to shape the performance over the forecast period
CATEGORY DATA
  • Table 9 Sales of Experiential Luxury by Category: Value 2018-2023
  • Table 10 Sales of Experiential Luxury by Category: % Value Growth 2018-2023
  • Table 11 NBO Company Shares of Experiential Luxury: % Value 2018-2023
  • Table 12 LBN Brand Shares of Experiential Luxury: % Value 2019-2022
  • Table 13 Forecast Sales of Experiential Luxury by Category: Value 2023-2028
  • Table 14 Forecast Sales of Experiential Luxury by Category: % Value Growth 2023-2028
FINE WINES/CHAMPAGNE AND SPIRITS IN SWEDENKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Fine wines/champagne and spirits sees rising current retail value sales in 2023
  • Fine wines is the largest category in terms of retail value sales in the last year of the review period
  • Moët Hennessy Sverige AB is the leading company in fine wines/champagne and spirits in 2022
PROSPECTS AND OPPORTUNITIES
  • Retail value sales forecast to rise in constant 2023 terms over 2023-2028
  • Fine wines set to see the highest retail value CAGR over the forecast period
  • New legislation to increase competition and consumer choice
CATEGORY DATA
  • Table 15 Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023
  • Table 16 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023
  • Table 17 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2018-2022
  • Table 18 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2018-2023
  • Table 19 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2023-2028
  • Table 20 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2023-2028
PREMIUM AND LUXURY CARS IN SWEDENKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Premium and luxury cars sees rising current retail value sales in 2023
  • Number of premium and luxury cars on the rise
  • Premium and luxury cars is led by Mercedes-Benz AG in 2022
PROSPECTS AND OPPORTUNITIES
  • Retail value sales of premium and luxury cars are set to rise over the forecast period
  • Online sales of premium and luxury cars are expected to climb
  • Electric cars on the rise
CATEGORY DATA
  • Table 21 Sales of Premium and Luxury Cars: Value 2018-2023
  • Table 22 Sales of Premium and Luxury Cars by Category: % Value Growth 2018-2023
  • Table 23 NBO Company Shares of Premium and Luxury Cars: % Value 2018-2023
  • Table 24 LBN Brand Shares of Premium and Luxury Cars: % Value 2019-2023
  • Table 25 Forecast Sales of Premium and Luxury Cars: Value 2023-2028
  • Table 26 Forecast Sales of Premium and Luxury Cars: % Value Growth 2023-2028
PERSONAL LUXURY IN SWEDENKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Personal luxury sees a rise in current retail value sales in 2023
  • Designer apparel and footwear (ready-to-wear) is dominated by designer apparel (ready-to-wear)
  • Luxury eyewear sees rising retail value sales in 2023
  • Luxury jewellery retail value sales rise in 2023
  • Luxury leather goods sees positive retail value growth in 2023
  • Retail value sales of luxury wearables electronics increase in 2023
  • Luxury timepieces enjoys retail value sales increase
  • Retail value sales of writing instruments and stationery on the increase in 2023
  • Super premium beauty and personal care is on the up
  • E Saether AB holds the lead in personal luxury in 2022
PROSPECTS AND OPPORTUNITIES
  • Retail value sales to rise in 2023 constant terms over the forecast period
  • Designer apparel and footwear (ready-to-wear) is set to remain the highest-value category
  • Luxury wearables electronics is expected to see the fastest retail value growth over the forecast period
CATEGORY DATA
  • Table 27 Sales of Personal Luxury by Category: Value 2018-2023
  • Table 28 Sales of Personal Luxury by Category: % Value Growth 2018-2023
  • Table 29 NBO Company Shares of Personal Luxury: % Value 2018-2023
  • Table 30 LBN Brand Shares of Personal Luxury: % Value 2019-2023
  • Table 31 Distribution of Personal Luxury by Format: % Value 2018-2023
  • Table 32 Forecast Sales of Personal Luxury by Category: Value 2023-2028
  • Table 33 Forecast Sales of Personal Luxury by Category: % Value Growth 2023-2028