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Luxury Leather Goods in Turkey

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    Report

  • 19 Pages
  • January 2022
  • Region: Turkey
  • Euromonitor International
  • ID: 2587128
After having plummeted in 2020 due to the initial fallout of COVID-19, demand for luxury leather goods improved significantly in 2021 as the rollout of vaccines and easing of lockdown measures strengthened growth in the Turkish economy and enabled consumers to begin spending more time outside the home. The turnaround was also supported by a steady recovery in inbound tourism, with favourable exchange rates encouraging many foreign visitors to purchase these products.

This 'Luxury Leather Goods in Turkey' report offers a comprehensive guide to the size and shape of the Luxury Leather 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 Leather Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2026 illustrate how the market is set to change

Product coverage: Luxury Bags and Small Leather Goods, Luxury Travel Goods.

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 Leather 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, 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

KEY DATA FINDINGS
2021 DEVELOPMENTS
  • Recovery of luxury leather goods inhibited by high inflation and price hikes
  • Luxury travel goods is the most dynamic category
  • Turks show growing preference for domestic brands
PROSPECTS AND OPPORTUNITIES
  • Counterfeit trade, second-hand sales and rental services will limit volume growth
  • Sustainability initiatives set to gain importance in competitive strategies
  • Efforts to target younger consumers expected to intensify
CATEGORY DATA
  • Table 1 Sales of Luxury Leather Goods: Value 2016-2021
  • Table 2 Sales of Luxury Leather Goods: % Value Growth 2016-2021
  • Table 3 NBO Company Shares of Luxury Leather Goods: % Value 2016-2020
  • Table 4 LBN Brand Shares of Luxury Leather Goods: % Value 2017-2020
  • Table 5 Distribution of Luxury Leather Goods by Format: % Value 2016-2021
  • Table 6 Forecast Sales of Luxury Leather Goods: Value 2021-2026
  • Table 7 Forecast Sales of Luxury Leather Goods: % Value Growth 2021-2026
LUXURY GOODS IN TURKEY
EXECUTIVE SUMMARY
  • Luxury goods in 2021: The big picture
  • 2021 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?
MARKET DATA
  • Table 8 Sales of Luxury Goods by Category: Value 2016-2021
  • Table 9 Sales of Luxury Goods by Category: % Value Growth 2016-2021
  • Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
  • Table 11 NBO Company Shares of Luxury Goods: % Value 2016-2020
  • Table 12 LBN Brand Shares of Luxury Goods: % Value 2017-2020
  • Table 13 Distribution of Luxury Goods by Format and Category: % Value 2021
  • Table 14 Forecast Sales of Luxury Goods by Category: Value 2021-2026
  • Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
  • Summary 1 Research Sources