Where Consumers Shop for Luxury Goods

Luxury retail faces significant headwinds in 2025, including weak economic growth, inflation, rising costs and geopolitical and climate risks. With global growth at a 30-year low - especially in China and the US - retailers must prioritize agility, deeper engagement, and personalization. As luxury shifts from products to lifestyle and experience, success will hinge on storytelling and creating experiential value-led retail that goes beyond a pure transactional model.

This global briefing offers an insight into the size and shape of the luxury goods industry, highlights buzz topics, emerging trends as well as pressing industry issues, their effects on luxury goods retailing in markets around the world and on the development of consumers’ shopping patterns. Forecasts illustrate how the market is set to change and criteria for success. In short, it identifies the opportunity zones within luxury goods industry

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.

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

Why buy this report?

• Get a detailed picture of the Luxury Goods 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.