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Luxury Goods in Romania

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    Report

  • 38 Pages
  • October 2023
  • Region: Romania
  • Euromonitor International
  • ID: 2398419
Retail current value sales of luxury goods in Romania rose by 12% in 2023 to stand at RON 9.8 billion.

The Luxury Goods in Romania 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.
The analyst has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, the analyst has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

LUXURY GOODS IN ROMANIA
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 ROMANIA
KEY DATA FINDINGS
  • 2023 DEVELOPMENTS
  • Retail current value sales of experiential luxury on the rise in 2023
  • Luxury hotels shape the performance of experiential luxury in 2023
  • Marriott International Inc holds the lead in experiential luxury in 2022
PROSPECTS AND OPPORTUNITIES
  • Retail value sales to rise over 2023-2028
  • Luxury hotels is expected to continue to dominate over the forecast period
  • Investment opportunities for luxury hotels in Bucharest
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 ROMANIA
KEY DATA FINDINGS
  • 2023 DEVELOPMENTS
  • Fine wines/champagne and spirits sees rising retail value sales in 2023
  • Fine wines is the largest category in terms of retail value sales in 2023
  • Pernod Ricard Romania SRL is the leading company in fine wines/champagne and spirits in 2022
PROSPECTS AND OPPORTUNITIES
  • Retail value sales expected to rise in constant 2023 terms over the forecast period
  • Fine wines is set to see the fastest retail value CAGR over 2023-2028
  • Expanding offer expected in the forecast period
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 ROMANIA
KEY DATA FINDINGS
  • 2023 DEVELOPMENTS
  • Retail value sales increase in 2023
  • Premium and luxury cars recovers slowly from the pandemic slump
  • Daimler AG leads premium and luxury cars in 2022
PROSPECTS AND OPPORTUNITIES
  • Retail value sales of premium and luxury cars are set to rise over 2023-2028
  • E-commerce sales to become more prominent
  • Rise in importance of electric cars
CATEGORY DATA
  • Table 21 Sales of Premium and Luxury Cars: Value 2018-2023
  • Table 22 Sales of Premium and Luxury Cars: % Value Growth 2018-2023
  • Table 23 NBO Company Shares of Premium and Luxury Cars: % Value 2018-2022
  • Table 24 LBN Brand Shares of Premium and Luxury Cars: % Value 2019-2022
  • 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 ROMANIA
KEY DATA FINDINGS
  • 2023 DEVELOPMENTS
  • Personal luxury sees a rise in retail value sales in 2023
  • Designer apparel (ready-to-wear) dominates designer apparel and footwear (ready-to-wear)
  • Luxury eyewear enjoys increase in retail value sales
  • Luxury jewellery retail value sales see a rise in 2023
  • Rise in retail value sales of luxury leather goods in 2023
  • Retail value sales of luxury wearables electronics grow in 2023
  • Luxury timepieces enjoys retail value sales increase in 2023
  • Retail value sales of writing instruments and stationery on the up in 2023
  • Retail value sales of super premium beauty and personal care rise in 2023
  • LVMH Moët Hennessy Louis Vuitton SA heads personal luxury in 2022
PROSPECTS AND OPPORTUNITIES
  • Retail value sales to increase in 2023 constant terms over the forecast period
  • Super premium beauty and personal care is expected to become the key category in retail value terms
  • Luxury wearables electronics is set to see the fastest retail value CAGR 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 2018-2022
  • Table 30 LBN Brand Shares of Personal Luxury: % Value 2019-2022
  • 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