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The luxury goods market in Germany is forecasted to grow by USD 1.12 bn during 2023-2028, accelerating at a CAGR of 1.23% during the forecast period. The report on the luxury goods market in Germany provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for premium beauty products and cosmetics, rising per capita income of people in Germany, and greater sense of brand recognition and reputation among German consumers.
The luxury goods market in Germany is segmented as below:
By Distribution Channel
- Offline
- Online
By Product
- Clothing
- Perfumes and cosmetics
- Watches and jewelry
- Others
By End-user
- Female
- Male
By Geographical Landscape
- Europe
The report on the luxury goods market in Germany covers the following areas:
- Luxury goods market in Germany sizing
- Luxury goods market in Germany forecast
- Luxury goods market in Germany industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Market Segmentation by End-user
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global luxury goods market in Germany: Chanel Ltd., Compagnie Financiere Richemont SA, Coty Inc., Dolce and Gabbana SRL, Giorgio Armani S.p.A., Hugo Boss AG, LVMH Moet Hennessy Louis Vuitton SE, Max Mara Fashion Group S.r.l., Michael Kors Switzerland GmbH, Moncler SPA, Prada S.p.A, PVH Corp., Ralph Lauren Corp., Ray Ban, Rolex SA, Swarovski AG, The Estee Lauder Companies Inc., and Tom Ford International LLC.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing adoption of sustainable luxury goods.'
According to the report, one of the major drivers for this market is the increased demand for premium beauty products and cosmetics.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Chanel Ltd.
- Compagnie Financiere Richemont SA
- Coty Inc.
- Dolce and Gabbana SRL
- Giorgio Armani S.p.A.
- Hugo Boss AG
- LVMH Moet Hennessy Louis Vuitton SE
- Max Mara Fashion Group S.r.l.
- Michael Kors Switzerland GmbH
- Moncler SPA
- Prada S.p.A
- PVH Corp.
- Ralph Lauren Corp.
- Ray Ban
- Rolex SA
- Swarovski AG
- The Estee Lauder Companies Inc.
- Tom Ford International LLC
