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Global Personal Luxury Goods Market 2019-2023 - Product Image

Global Personal Luxury Goods Market 2019-2023

  • ID: 4764949
  • Report
  • March 2019
  • Region: Global
  • 131 pages
  • TechNavio
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FEATURED COMPANIES

  • KERING
  • L’Oréal S.A.
  • LVMH
  • Richemont
  • MORE
The influence of different marketing strategies on customers’ purchase decisions will lead the personal luxury goods market to register considerable growth in the forthcoming years. Customers are seeking value for money, especially while buying expensive products. Various luxury brand manufacturers are adopting effective marketing techniques and strategies for expanding their consumer base. As a result, with the growing fashion consciousness in developing and advanced economies, the demand for personal luxury goods will also rise considerably in the forthcoming years. The analysts have predicted that the personal luxury goods market will register a CAGR of nearly 5% by 2023.

Market Overview

Increasing demand for affordable luxury goods

One of the growth drivers of the global personal luxury goods market is the increasing demand for affordable luxury goods. With the increasing personal disposable incomes, the demand for personal luxury goods is increasing which will drive the growth of the market.

Increasing labor costs and fluctuating raw material prices

One of the challenges in the growth of the global personal luxury goods market is the increasing labor costs and fluctuating raw material. An increase in the production cost for vendors lowers their profit margins which will hinder the growth of the market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the personal luxury goods market during 2019-2023, view this report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several market players. Various luxury brands are focusing on wearable technologies and are partnering with leading technology firms and fashion designers to show an innovative mixture of functionality and workmanship. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • KERING
  • L’Oréal S.A.
  • LVMH
  • Richemont
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Accessories - Market size and forecast 2018-2023
  • Apparel - Market size and forecast 2018-2023
  • Hard luxury - Market size and forecast 2018-2023
  • Cosmetics - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by product
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Integration of technology
  • Adoption of omni-channel retailing
  • Growing trend for personalized luxury sunglasses
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • KERING
  • L’Oréal S.A.
  • LVMH
  • Richemont
  • The Estée Lauder Companies Inc.
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global apparel, accessories, and luxury goods market
Exhibit 02: Segments of global apparel, accessories, and luxury goods market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Product - Market share 2018-2023 (%)
Exhibit 18: Comparison by product
Exhibit 19: Accessories - Market size and forecast 2018-2023 ($ billions)
Exhibit 20: Accessories - Year-over-year growth 2019-2023 (%)
Exhibit 21: Apparel - Market size and forecast 2018-2023 ($ billions)
Exhibit 22: Apparel - Year-over-year growth 2019-2023 (%)
Exhibit 23: Hard luxury - Market size and forecast 2018-2023 ($ billions)
Exhibit 24: Hard luxury - Year-over-year growth 2019-2023 (%)
Exhibit 25: Cosmetics - Market size and forecast 2018-2023 ($ billions)
Exhibit 26: Cosmetics - Year-over-year growth 2019-2023 (%)
Exhibit 27: Others - Market size and forecast 2018-2023 ($ billions)
Exhibit 28: Others - Year-over-year growth 2019-2023 (%)
Exhibit 29: Market opportunity by product
Exhibit 30: Customer landscape
Exhibit 31: Market share by geography 2018-2023 (%)
Exhibit 32: Geographic comparison
Exhibit 33: Europe - Market size and forecast 2018-2023 ($ billions)
Exhibit 34: International tourism, number of arrivals in major countries of Europe 2011-2016 (million)
Exhibit 35: International tourism receipts in major countries of Europe 2011-2016 ($ billion)
Exhibit 36: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 37: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 38: International tourism, number of arrivals in major countries of APAC 2011-2016 (million)
Exhibit 39: International tourism, receipts in major countries of APAC 2011-2016 ($ billion)
Exhibit 40: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 41: North America - Market size and forecast 2018-2023 ($ billions)
Exhibit 42: International tourism, number of arrivals in major countries of North America 2011-2016 (million)
Exhibit 43: International tourism, receipts in countries of North America 2011-2016 ($ billion)
Exhibit 44: North America - Year-over-year growth 2019-2023 (%)
Exhibit 45: MEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 46: International tourism, number of arrivals in major countries of MEA 2011-2016 (million)
Exhibit 47: International tourism, receipts in major countries of MEA 2011-2016 ($ billion)
Exhibit 48: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 49: South America - Market size and forecast 2018-2023 ($ billions)
Exhibit 50: International tourism, number of arrivals in major countries of South America 2011-2016 (million)
Exhibit 51: International tourism, receipts in major countries of South America 2011-2016 ($ billion)
Exhibit 52: South America - Year-over-year growth 2019-2023 (%)
Exhibit 53: Key leading countries
Exhibit 54: Market opportunity
Exhibit 55: Impact of drivers and challenges
Exhibit 56: Vendor landscape
Exhibit 57: Landscape disruption
Exhibit 58: Vendors covered
Exhibit 59: Vendor classification
Exhibit 60: Market positioning of vendors
Exhibit 61: KERING - Vendor overview
Exhibit 62: KERING - Business segments
Exhibit 63: KERING - Organizational developments
Exhibit 64: KERING - Geographic focus
Exhibit 65: KERING - Segment focus
Exhibit 66: KERING - Key offerings
Exhibit 67: L’Oréal S.A. - Vendor overview
Exhibit 68: L’Oréal S.A. - Business segments
Exhibit 69: L’Oréal S.A. - Organizational developments
Exhibit 70: L’Oréal S.A. - Geographic focus
Exhibit 71: L’Oréal S.A. - Segment focus
Exhibit 72: L’Oréal S.A. - Key offerings
Exhibit 73: LVMH - Vendor overview
Exhibit 74: LVMH - Business segments
Exhibit 75: LVMH - Organizational developments
Exhibit 76: LVMH - Geographic focus
Exhibit 77: LVMH - Segment focus
Exhibit 78: LVMH - Key offerings
Exhibit 79: Richemont - Vendor overview
Exhibit 80: Richemont - Business segments
Exhibit 81: Richemont - Organizational developments
Exhibit 82: Richemont - Geographic focus
Exhibit 83: Richemont - Segment focus
Exhibit 84: Richemont - Key offerings
Exhibit 85: The Estée Lauder Companies Inc. - Vendor overview
Exhibit 86: The Estée Lauder Companies Inc. - Business segments
Exhibit 87: The Estée Lauder Companies Inc. - Organizational developments
Exhibit 88: The Estée Lauder Companies Inc. - Geographic focus
Exhibit 89: The Estée Lauder Companies Inc. - Segment focus
Exhibit 90: The Estée Lauder Companies Inc. - Key offerings
Exhibit 91: Validation techniques employed for market sizing
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • KERING
  • L’Oréal S.A.
  • LVMH
  • Richemont
  • MORE
Global Personal Luxury Goods Market 2019-2023

The analyst recognizes the following companies as the key players in the global personal luxury goods market: KERING, L’Oréal S.A., LVMH, Richemont, and The Estée Lauder Companies Inc.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing trend for personalized luxury sunglasses.”

According to the report, one of the major drivers for this market is the increasing demand for affordable luxury goods.

Further, the report states that one of the major factors hindering the growth of this market is the increasing labor costs and fluctuating raw material prices.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • KERING
  • L’Oréal S.A.
  • LVMH
  • Richemont
  • The Estée Lauder Companies Inc.
Note: Product cover images may vary from those shown
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