Luxury Goods in Japan - Research and Markets

Luxury goods saw a significant current value decline in 2020, due to limited mobility, store closures or limited operations, the closure of borders, and consumers’ reluctance to spend during COVID-19. In 2021, although there was less disruption to store-based retailing, and sales of luxury goods returned to growth, the prolonged impact of COVID-19 continued to impact the industry and sales did not return to anywhere near the pre-pandemic level.

The Luxury Goods in Japan 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.

Luxury Goods in Japan
Executive Summary
Luxury Goods in 2022: The Big Picture
2022 Key Trends
Competitive Landscape
Retailing Developments
What Next for Luxury Goods?
Market Data
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
Disclaimer
Sources
Summary 1 Research Sources
Experiential Luxury in Japan
Key Data Findings
2022 Developments
Although COVID-19 Restrictions Linger Well into 2022, Rebound is Seen
Positive Impact of Michelin Guidebook Certification
Brand Withdrawals and New Entrants
Prospects and Opportunities
Recovery Expected from the Second Half of 2022
A Succession of New Luxury Hotel Openings Set to Drive Growth
Resumption of the Go to Travel Campaign and Restoration of Experiential Luxury
Category Data
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
Fine Wines/Champagne and Spirits in Japan
Key Data Findings
2022 Developments
Home Drinking Trend Continues, Despite Weakening Impact of COVID-19
Sustainable Champagne Concept Bar Opens
Subscriptions are Attracting a Great Deal of Attention
Prospects and Opportunities
Fine Wines/Champagne and Spirits Will Continue to Grow Steadily in Japan
Fine Wines Faces the Challenge of Attracting a New Consumer Segment
Further Price Rises Expected for Fine Wines/Champagne and Spirits
Category Data
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
Premium and Luxury Cars in Japan
Key Data Findings
2022 Developments
Impacts of COVID-19 Continue in the Supply Chain
Premium and Luxury Cars Continue to be Introduced Via Experiential Luxury
Shift to EV Models is Gaining Momentum in Premium and Luxury Cars
Prospects and Opportunities
Shift Away from Petrol Models Towards EV is Expected
New Lexus Models Indicate the Company's Strategy Towards Automated Driving
Increasing Sustainability Awareness and Emerging Leather-Free Trend
Category Data
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
Personal Luxury in Japan
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
Prospects and Opportunities
Online Shift and Capturing Millennials and Gen Z are Key to Growth
Luxury Eyewear Likely to be Affected by COVID-19 in the Long Term
Accelerating Business Models Using the Metaverse and Nfts
Category Data
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