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Experiential Luxury in South Africa

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    Report

  • 20 Pages
  • October 2023
  • Region: South Africa
  • Euromonitor International
  • ID: 4988852
Tourism levels in South Africa showed signs of recovery in 2023, despite the macroeconomic backdrop of high inflation and rising food and fuel costs triggered by Russia’s war in Ukraine. This represents an improvement on 2021 and 2022, when restrictions related to the pandemic were still impacting travel.

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 2027 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.

Table of Contents

EXPERIENTIAL LUXURY IN SOUTH AFRICAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Experiential luxury thriving in the post-pandemic boom in 2023
  • Luxury hotels seeing dynamic growth as travel rebounds in 2023
  • Sun International South Africa Ltd leads experiential luxury in 2022
PROSPECTS AND OPPORTUNITIES
  • Retail value sales look set to increase over the forecast period as travel rebounds
  • Luxury hotels is expected to deliver a dynamic performance but challenges remain
  • Luxury foodservice unlikely to find a foothold in the market
CATEGORY DATA
  • Table 1 Sales of Experiential Luxury by Category: Value 2018-2023
  • Table 2 Sales of Experiential Luxury by Category: % Value Growth 2018-2023
  • Table 3 NBO Company Shares of Experiential Luxury: % Value 2018-2023
  • Table 4 LBN Brand Shares of Experiential Luxury: % Value 2019-2022
  • Table 5 Forecast Sales of Experiential Luxury by Category: Value 2023-2028
  • Table 6 Forecast Sales of Experiential Luxury by Category: % Value Growth 2023-2028
LUXURY GOODS IN SOUTH AFRICA
EXECUTIVE SUMMARY
  • Luxury goods in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?
MARKET DATA
  • Table 7 Sales of Luxury Goods by Category: Value 2018-2023
  • Table 8 Sales of Luxury Goods by Category: % Value Growth 2018-2023
  • Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
  • Table 10 NBO Company Shares of Luxury Goods: % Value 2018-2023
  • Table 11 LBN Brand Shares of Luxury Goods: % Value 2019-2023
  • Table 12 Distribution of Luxury Goods by Format and Category: % Value 2023
  • Table 13 Forecast Sales of Luxury Goods by Category: Value 2023-2028
  • Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources