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Experiential Luxury in Turkey

  • ID: 4968462
  • Report
  • January 2020
  • Region: Turkey
  • 16 pages
  • Euromonitor International
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In 2019, experiential luxury saw significant growth, driven by a few key factors. An increasing number of consumers, particularly millennials, were spending more of their finances on experiences, rather than products, which drove growth for luxury spa and resort hotels, high-end wine and other trips to unique destinations.

The Experiential Luxury in Turkey report offers a comprehensive guide to the size and shape of the Experiential Luxury 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 Experiential Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2024 illustrate how the market is set to change.

Product coverage: Luxury Foodservice, Luxury Hotels.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
  • Get a detailed picture of the Experiential Luxury 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.
Note: Product cover images may vary from those shown
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List of Contents and Tables
  • Headlines
  • Prospects
  • An Increase in Spending on Experiences Rather Than Products Drives Growth
  • Several International Luxury Restaurants Fail in the Landscape, With High Rents and Poor Location Choices Seeing Many Close Their Doors
  • the Growing Health and Wellness Trend Shapes the Landscape, As Players Respond To Consumers Health Demands
  • Competitive Landscape
  • Luxury Hotels Continue To Open in Turkey As Four Seasons Expands
  • the Luxury Collection Opens A Hotel in Izmir, the Third of Its Kind in the Country
  • Businessman Tayfun Topal Offers Italian Cuisine Through Luxury Restaurant, Galvin
  • Category Data
  • Table 1 Sales of Experiential Luxury by Category: Value 2014-2019
  • Table 2 Sales of Experiential Luxury by Category: % Value Growth 2014-2019
  • Table 3 NBO Company Shares of Experiential Luxury: % Value 2014-2018
  • Table 4 LBN Brand Shares of Experiential Luxury: % Value 2015-2018
  • Table 5 Forecast Sales of Experiential Luxury by Category: Value 2019-2024
  • Table 6 Forecast Sales of Experiential Luxury by Category: % Value Growth 2019-2024
  • Executive Summary
  • Despite A Decline in Growth, the Increase in Tourism, the Rise of Men's Apparel and the Opening of New Luxury Stores, Positively Benefited Luxury Goods
  • the Growing Health and Wellness Trend, Customisation and A Desire for Co-ordinated Outfits Shapes Luxury Offerings
  • Luxury Car Players Led the Landscape, As Competitors Launch Limited-edition Products To Gain Value Share
  • Store-based Retailing Remains the Dominant Distribution Channel, However, Internet Purchases Are on the Rise
  • Growth Is Predicted To Increase Over the Forecast Period, Driven by Women in the Workforce and Growth of Luxury Cars
  • Market Indicators
  • Table 7 Number of High Net Worth Individuals (HNWI): 2014-2019
  • Market Data
  • Table 8 Sales of Luxury Goods by Category: Value 2014-2019
  • Table 9 Sales of Luxury Goods by Category: % Value Growth 2014-2019
  • Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
  • Table 11 NBO Company Shares of Luxury Goods: % Value 2014-2018
  • Table 12 LBN Brand Shares of Luxury Goods: % Value 2015-2018
  • Table 13 Distribution of Luxury Goods by Format and Category: % Value 2019
  • Table 14 Forecast Sales of Luxury Goods by Category: Value 2019-2024
  • Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
  • Sources
  • Summary 1 Research Sources
Note: Product cover images may vary from those shown
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