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.
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.
Table of Contents
- 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