There have been mixed performances across the various luxury goods categories in 2022, although most have continued the recovery from the effects of the COVID-19 pandemic that started in the second half of 2021 as restrictions were lifted. Growth is expected to continue for the remainder of 2022 with sales continuing to move towards pre-pandemic levels.
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 2026 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.
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 2026 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 SWEDENEXECUTIVE SUMMARY
- Luxury goods in 2022: The big picture
- 2022 key trends
- Competitive landscape
- Retailing developments
- What next for luxury goods?
- Table 1 Sales of Luxury Goods by Category: Value 2017-2022
- Table 2 Sales of Luxury Goods by Category: % Value Growth 2017-2022
- Table 3 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
- Table 4 NBO Company Shares of Luxury Goods: % Value 2017-2021
- Table 5 LBN Brand Shares of Luxury Goods: % Value 2018-2021
- Table 6 Distribution of Luxury Goods by Format and Category: % Value 2022
- Table 7 Forecast Sales of Luxury Goods by Category: Value 2022-2027
- Table 8 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
SOURCES
- Summary 1 Research Sources
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Further easing of COVID-19 restrictions spells good news for luxury hotels
- Economic pressures could lead to a drop in bookings
- Luxury hotels remains a relatively niche area of the market
- Steady recovery projected with economic pressures likely to put the brakes on growth
- Players could look for new ways to generate revenue from locals
- Urban luxury hotels facing strong competition from high-quality premium and mid-priced alternatives
- Table 9 Sales of Experiential Luxury by Category: Value 2017-2022
- Table 10 Sales of Experiential Luxury by Category: % Value Growth 2017-2022
- Table 11 NBO Company Shares of Experiential Luxury: % Value 2017-2021
- Table 12 LBN Brand Shares of Experiential Luxury: % Value 2018-2021
- Table 13 Forecast Sales of Experiential Luxury by Category: Value 2022-2027
- Table 14 Forecast Sales of Experiential Luxury by Category: % Value Growth 2022-2027
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Growth slows as consumers return to drinking in on-trade establishments
- Systembolaget retains the distribution monopoly
- Swedish consumers show growing interest in auctions
- Return to more stable growth predicted while e-commerce sales are set to expand
- Swedes show willingness to experiment with local brands also gaining interest
- Fine Champagne retains its appeal
- Table 15 Sales of Fine Wines/Champagne and Spirits by Category: Value 2017-2022
- Table 16 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2017-2022
- Table 17 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2017-2021
- Table 18 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2018-2021
- Table 19 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2017-2022
- Table 20 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2022-2027
- Table 21 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2022-2027
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Consumers eagerly await the entry of new electric premium and luxury cars
- Tax incentives boost demand for electric cars
- Little change in the competitive landscape
- Economic uncertainty could limit the growth potential of premium and luxury cars
- Electric is the future
- Supercars likely to retain appeal among a narrow consumer base
- Table 22 Sales of Premium and Luxury Cars: Value 2017-2022
- Table 23 Sales of Premium and Luxury Cars: % Value Growth 2017-2022
- Table 24 NBO Company Shares of Premium and Luxury Cars: % Value 2017-2021
- Table 25 LBN Brand Shares of Premium and Luxury Cars: % Value 2018-2021
- Table 26 Forecast Sales of Premium and Luxury Cars: Value 2022-2027
- Table 27 Forecast Sales of Premium and Luxury Cars: % Value Growth 2022-2027
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Designer apparel and footwear (ready-to-wear)
- Luxury eyewear
- Luxury jewellery
- Luxury leather goods
- Luxury wearables
- Luxury timepieces
- Luxury writing instruments and stationery
- Super premium beauty and personal care
- The return of store-based retailing a big plus but e-commerce still seen to be full of potential
- Economic pressures could undermine growth
- Preowned/vintage trend on the rise as consumers focus on sustainability
- Table 28 Sales of Personal Luxury by Category: Value 2017-2022
- Table 29 Sales of Personal Luxury by Category: % Value Growth 2017-2022
- Table 30 NBO Company Shares of Personal Luxury: % Value 2017-2021
- Table 31 LBN Brand Shares of Personal Luxury: % Value 2018-2021
- Table 32 Distribution of Personal Luxury by Format: % Value 2017-2022
- Table 33 Forecast Sales of Personal Luxury by Category: Value 2022-2027
- Table 34 Forecast Sales of Personal Luxury by Category: % Value Growth 2022-2027
