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Experiential Luxury in South Africa

  • ID: 4988852
  • Report
  • March 2021
  • Region: South Africa, Africa
  • 19 pages
  • Euromonitor International
In 2020, after seeing strong growth rates during most of the review period, experiential luxury turned to double-digit current value decline. Interprovincial and international travel were banned by the South African government as part of the COVID-19 lockdown regulations for a number of months of the year to try and stop the spread of the virus.

The Experiential Luxury in South Africa 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 2025 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
KEY DATA FINDINGS

2020 IMPACT
  • Travel restrictions on international and interprovincial travel limit tourist activities
  • High-end restaurants struggle due to the ban on alcohol sales
  • Luxury accommodation forced to temporarily close due to a lack of customers
RECOVERY AND OPPORTUNITIES
  • Travel and tourism set to be affected until the virus is controlled
  • Permanent closures unless target market can shift to catering to the local market
  • Expanding the consumer base could help luxury players to survive
CATEGORY DATA
  • Table 1 Sales of Experiential Luxury by Category: Value 2015-2020
  • Table 2 Sales of Experiential Luxury by Category: % Value Growth 2015-2020
  • Table 3 NBO Company Shares of Experiential Luxury: % Value 2015-2019
  • Table 4 LBN Brand Shares of Experiential Luxury: % Value 2016-2019
  • Table 5 Forecast Sales of Experiential Luxury by Category: Value 2020-2025
  • Table 6 Forecast Sales of Experiential Luxury by Category: % Value Growth 2020-2025
EXECUTIVE SUMMARY
  • COVID-19 impact on luxury goods
  • COVID-19 country impact
  • Company response
  • Retailing shift
  • What next for luxury goods?
MARKET INDICATORS
  • Table 7 Number of High Net Worth Individuals (HNWI): 2015-2020
MARKET DATA
  • Table 8 Sales of Luxury Goods by Category: Value 2015-2020
  • Table 9 Sales of Luxury Goods by Category: % Value Growth 2015-2020
  • Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
  • Table 11 NBO Company Shares of Luxury Goods: % Value 2015-2019
  • Table 12 LBN Brand Shares of Luxury Goods: % Value 2016-2019
  • Table 13 Distribution of Luxury Goods by Format and Category: % Value 2020
  • Table 14 Forecast Sales of Luxury Goods by Category: Value 2020-2025
  • Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025
DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

SOURCES
  • Summary 1 Research Sources

Note: Product cover images may vary from those shown
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