Luxury Goods Retailing in the Americas 2015-2020; Market Dynamics, Trends and Competitive Landscape

  • ID: 3852898
  • Report
  • 120 pages
  • GlobalData
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FEATURED COMPANIES

  • Burberry
  • Coach
  • Hermès
  • Kate Spade
  • Kering
  • LVMH
  • MORE
Summary

The luxury goods market in the Americas is forecast to grow at a CAGR of 3.8% during 2015 to 2020. The US is the largest luxury goods retail market in the Americas, accounting for a 91.8% share with a sales of US$102.1 billion in 2015.

Though the US is a mature market, it is expected to observe the highest increase in value sales of US$20 billion over the next five years driven by economic recovery and thriving demand from aspirational consumers and tourists. However, a stronger US dollar will continue taking its toll resulting in relatively slower growth than that observed in the five years to 2015.

Key Findings

- The US is the largest luxury goods retail market in the Americas, accounting for a 91.8% share with sales of US$102.1 billion in 2015. By 2020, the market is forecast to grow at a CAGR of 3.7% to reach US$122.2 billion.

- Clothing remains to be the largest product category while communications equipment will be the fastest growing category in the region

- Weaker currency against the US dollar is attracting tourists to Latin America and Canada which in turn will boost the tourists spend in the luxury goods market

- Despite the growing UHNWI population in Brazil, Argentina and Venezuela, strict import regulations, high taxes, economic crises and inflation encourage the affluent to buy luxury goods from other countries when they are travelling to save on huge taxes.

- Luxury brands such as Ralph Lauren and Sephora are enhancing in-store customer experiences using digital technology

Synopsis

The “Luxury Goods Retailing in the Americas 2015-2020” report, provides analysis of current and forecast market data for luxury goods retail sales in different product categories across the Americas.

What else does this report offer?

- Current market sizes and forecasts to 2020 by country and category; Covers nine countries in the Americas - Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, US and Venezuela and 12 categories, including clothing, consumer electronics, drinks, footwear, homewares, jewelry, watches and accessories, luggage and leather goods, personal care, communication equipment, stationery, tobacco, and others

- Market insights based on consumer and retailer trends and changing economic and other macroeconomic factors such as tourists flows and currency fluctuations

- Ultra-high net worth individual (UHNWI) analysis by country, 2015 and 2025

- Inbound tourists analysis in selected countries, 2010, 2015 and 2020

- Luxury goods share of retail sales by category in each country, 2015 and 2020

- Competitive landscape covering market share of 10 leading luxury goods retailers in the region and their five year sales and trading update analysis, store counts analysis, recent key events and outlook

Reasons To Buy

Get immediate access to:

- Get reliable luxury retail sales data on nine countries in the Americas for 2015 with forecasts for 2020, and identify the largest and fastest-growing markets to inform market expansion and to manage risk

- Explore an in-depth analysis of luxury goods retail sales data by country and categories to spot and target key categories in each country, and use to plan growth opportunities and develop strategies for each

- Learn from luxury retail trends and market drivers to customize your entry/expansion approach depending on the luxury retail landscape

- Make country level comparisons to effectively target new revenue streams and align marketing strategies with the crucial trends influencing luxury spending in the region

- Choose partners , understand the competition, with data and analysis of major luxury goods operators in the region, including market shares, trading performance, latest developments, and the outlook for each
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Burberry
  • Coach
  • Hermès
  • Kate Spade
  • Kering
  • LVMH
  • MORE
1. Executive Summary
2. The Americas – regional analysis
3. Snippets of key luxury goods retail market trends
4. Other key info

List of Figures

Figure 1 Luxury goods retail sales 2010, 2015, and 2020 in US$ bn
Figure 2 Markets in the Americas, 2015
Figure 3 Markets in the Americas, 2020
Figure 4 Share of each country in the Americas total luxury goods sales, 2015
Figure 5 Share of each country in the Americas total luxury goods sales, 2020
Figure 6 Fastest-growing markets in the Americas, CAGR 2015-2020 (%)
Figure 7 Luxury goods category sales in the Americas 2015 & 2020
Figure 8 Ultra high net worth individuals (UHNWI) by country, 2015
Figure 9 Ultra high net worth individuals (UHNWI) by country, 2025
Figure 10 Fastest growing countries by UHNWI, CAGR 2015-2025
Figure 11 Value growth of UHNWI in each country in next 10 years
Figure 12 International arrivals by country in the US 2010, 2015, 2020 (in millions)
Figure 13 International arrivals by country in Canada 2010, 2015, 2020 (in millions)
Figure 14 International arrivals by country in Mexico 2010, 2015, 2020 (in millions)
Figure 15 International arrivals by country in Colombia 2010, 2015, 2020 (in millions)
Figure 16 US luxury goods category sales (in US$ million), 2015
Figure 17 US luxury goods category sales (in US$ million), 2020
Figure 18 Brazil luxury goods category sales (in US$ million), 20
Figure 19 Brazil luxury goods category sales (in US$ million), 2015
Figure 20 Canada luxury goods category sales (in US$ million), 2015
Figure 21 Canada luxury goods category sales (in US$ million), 2020
Figure 22 Mexico luxury goods category sales (in US$ million), 2015
Figure 23 Mexico luxury goods category sales (in US$ million), 2020
Figure 24 Argentina luxury goods category sales (in US$ million), 2015
Figure 25 Argentina luxury goods category sales (in US$ million), 2020
Figure 26 Colombia luxury goods category sales (in US$ million), 2015
Figure 27 Colombia luxury goods category sales (in US$ million), 2020
Figure 28 Chile luxury goods category sales (in US$ million), 2015
Figure 29 Chile luxury goods category sales (in US$ million), 2020
Figure 30 Peru luxury goods category sales (in US$ million), 2015
Figure 31 Peru luxury goods category sales (in US$ million), 2020
Figure 32 Venezuela luxury goods category sales (in US$ million), 2015
Figure 33 Venezuela luxury goods category sales (in US$ million), 2020
Figure 34 Luxury goods share of retail sales by categories (in %), 2015
Figure 35 Luxury goods share of retail sales by categories (in %), 2020
Figure 36-46 Luxury goods share of retail sales by category in each country, 2015 & 2020
Figure 47 LVMH market share in Americas, 2011–2015
Figure 48 LVMH store counts in the US 2011–2015 & Annual Growth
Figure 49 Ralph Lauren market share in Americas, 2011–2015
Figure 50 Ralph Lauren Revenue breakup by business segment
Figure 51 Ralph Lauren store counts* in Americas 2011–2015 & Annual Growth
Figure 52 Michael Kors market share in Americas, 2011–2015
Figure 53 Michael Kors Americas revenue breakup by business segment
Figure 54 Michael Kors store counts in Americas 2011–2015 & Annual Growth
Figure 55 Coach market share in Americas, 2011–2015
Figure 56 Coach revenue breakup by product segment
Figure 57 Coach store counts in Americas 2011–2015 & Annual Growth
Figure 58 Richemont market share in Americas, 2011–2015
Figure 59 Richemont global store counts 2011–2015 & Annual Growth
Figure 60 Kering market share in Americas, 2011–2015
Figure 61 Kering store counts in North America 2011–2015 & Annual Growth
Figure 62 Tiffany market share in Americas, 2011–2015
Figure 63 Tiffany store counts in Americas 2011–2015 & Annual Growth
Figure 64 Burberry market share in Americas, 2011–2015
Figure 65 Burberry store counts in Americas 2011–2015 & Annual Growth
Figure 66 Kate Spade market share in Americas, 2013–2015*
Figure 67 Kate Spade store counts in Americas 2011–2015 & Annual Growth
Figure 68 Hermes market share in Americas, 2011–2015
Figure 69 Hermes store counts in the Americas 2011–2015 & Annual Growth
Note: Product cover images may vary from those shown
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- Burberry
- Coach
- Hermès
- Kate Spade
- Kering
- LVMH
- Michael Kors
- Ralph Lauren
- Richemont
- Tiffany
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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