Global Luxury Goods industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The Luxury goods market presents the revenues at retail sales value from retailers specifically dealing with Luxury Jewellery & Watches, Bags & Accessories, Apparel & Footwear and Cosmetics & Fragrances. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The global luxury goods market had total revenues of $313.5 billion in 2021, representing a compound annual growth rate (CAGR) of 2.2% between 2016 and 2021.
- The apparel and footwear segment was the market's most lucrative in 2021, with total revenues of $102.7 billion, equivalent to 32.8% of the market's overall value.
- The US market is also supported by the high number of billionaires in the country.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the luxury goods market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global luxury goods market
- Leading company profiles reveal details of key luxury goods market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global luxury goods market with five year forecasts
Reasons to Buy
- What was the size of the Global luxury goods market by value in 2021?
- What will be the size of the Global luxury goods market in 2026?
- What factors are affecting the strength of competition in the Global luxury goods market?
- How has the market performed over the last five years?
- How large is the global’s luxury goods market in relation to its regional counterparts?
Table of Contents
1 Executive Summary1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do leading players in the market follow?
7.4. Are there any threats to leading players?
7.5. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. LVMH Moet Hennessy Louis Vuitton SA
8.2. Kering S.A.
8.3. Chow Tai Fook Jewellery Group Ltd
8.4. Compagnie Financiere Richemont SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Global luxury goods market value: $ billion, 2016-21
Table 2: Global luxury goods market category segmentation: % share, by value, 2016-2021
Table 3: Global luxury goods market category segmentation: $ billion, 2016-2021
Table 4: Global luxury goods market geography segmentation: $ billion, 2021
Table 5: Global luxury goods market value forecast: $ billion, 2021-26
Table 6: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 7: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 8: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 9: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 10: Kering S.A.: key facts
Table 11: Kering S.A.: Annual Financial Ratios
Table 12: Kering S.A.: Key Employees
Table 13: Kering S.A.: Key Employees Continued
Table 14: Chow Tai Fook Jewellery Group Ltd: key facts
Table 15: Chow Tai Fook Jewellery Group Ltd: Annual Financial Ratios
Table 16: Chow Tai Fook Jewellery Group Ltd: Key Employees
Table 17: Chow Tai Fook Jewellery Group Ltd: Key Employees Continued
Table 18: Compagnie Financiere Richemont SA: key facts
Table 19: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 20: Compagnie Financiere Richemont SA: Key Employees
Table 21: Global exchange rate, 2017-21
List of Figures
Figure 1: Global luxury goods market value: $ billion, 2016-21
Figure 2: Global luxury goods market category segmentation: $ billion, 2016-2021
Figure 3: Global luxury goods market geography segmentation: % share, by value, 2021
Figure 4: Global luxury goods market value forecast: $ billion, 2021-26
Figure 5: Forces driving competition in the global luxury goods market, 2021
Figure 6: Drivers of buyer power in the global luxury goods market, 2021
Figure 7: Drivers of supplier power in the global luxury goods market, 2021
Figure 8: Factors influencing the likelihood of new entrants in the global luxury goods market, 2021
Figure 9: Factors influencing the threat of substitutes in the global luxury goods market, 2021
Figure 10: Drivers of degree of rivalry in the global luxury goods market, 2021
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- LVMH Moet Hennessy Louis Vuitton SA
- Kering S.A.
- Chow Tai Fook Jewellery Group Ltd
- Compagnie Financiere Richemont SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 49 |
| Published | November 2022 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 313.5 Billion |
| Forecasted Market Value ( USD | $ 413.97 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
