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Germany Luxury Goods Market Summary, Competitive Analysis and Forecast, 2017-2026

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    Report

  • 49 Pages
  • November 2022
  • Region: Germany
  • MarketLine
  • ID: 5714993
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Luxury Goods in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The Luxury goods market presents the revenues at retail sales value from retailers specifically dealing with Luxury Jewellery & Watches, Bags & Accessories, Apparel & Footwear and Cosmetics & Fragrances. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
  • The German luxury goods market had total revenues of $13.7 billion in 2021, representing a compound annual growth rate (CAGR) of 0.6% between 2016 and 2021.
  • The cosmetics & fragrances segment was the market's most lucrative in 2021, with total revenues of $5.0 billion, equivalent to 36.4% of the market's overall value.
  • The value of the German luxury goods recovered to growth of 8.3% in 2021 after the market declined by 12.2% in 2020.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the luxury goods market in Germany
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the luxury goods market in Germany
  • Leading company profiles reveal details of key luxury goods market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Germany luxury goods market with five year forecasts

Reasons to Buy

  • What was the size of the Germany luxury goods market by value in 2021?
  • What will be the size of the Germany luxury goods market in 2026?
  • What factors are affecting the strength of competition in the Germany luxury goods market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Germany's luxury goods market?
Frequently Asked Questions about the German Luxury Goods Market

What is the estimated value of the German Luxury Goods Market?

The German Luxury Goods Market was estimated to be valued at $13.7 Billion in 2021.

What is the growth rate of the German Luxury Goods Market?

The growth rate of the German Luxury Goods Market is 4.5%, with an estimated value of $17.11 Billion by 2026.

What is the forecasted size of the German Luxury Goods Market?

The German Luxury Goods Market is estimated to be worth $17.11 Billion by 2026.

Who are the key companies in the German Luxury Goods Market?

Key companies in the German Luxury Goods Market include LVMH Moet Hennessy Louis Vuitton SA, Compagnie Financiere Richemont SA and HUGO BOSS AG.

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape

2 Market Overview
2.1. Market definition
2.2. Market analysis

3 Market Data
3.1. Market value

4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook
5.1. Market value forecast

6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do leading players in the market follow?
7.4. Are there any threats to leading players?
7.5. What has been the rationale behind recent M&A activity?

8 Company Profiles
8.1. LVMH Moet Hennessy Louis Vuitton SA
8.2. Compagnie Financiere Richemont SA
8.3. Kering S.A.
8.4. HUGO BOSS AG

9 Macroeconomic Indicators
9.1. Country data

10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables
Table 1: Germany luxury goods market value: $ billion, 2016-21
Table 2: Germany luxury goods market category segmentation: % share, by value, 2016-2021
Table 3: Germany luxury goods market category segmentation: $ billion, 2016-2021
Table 4: Germany luxury goods market geography segmentation: $ billion, 2021
Table 5: Germany luxury goods market value forecast: $ billion, 2021-26
Table 6: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 7: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 8: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 9: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 10: Compagnie Financiere Richemont SA: key facts
Table 11: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 12: Compagnie Financiere Richemont SA: Key Employees
Table 13: Kering S.A.: key facts
Table 14: Kering S.A.: Annual Financial Ratios
Table 15: Kering S.A.: Key Employees
Table 16: Kering S.A.: Key Employees Continued
Table 17: HUGO BOSS AG: key facts
Table 18: HUGO BOSS AG: Annual Financial Ratios
Table 19: HUGO BOSS AG: Key Employees
Table 20: Germany size of population (million), 2017-21
Table 21: Germany gdp (constant 2005 prices, $ billion), 2017-21
Table 22: Germany gdp (current prices, $ billion), 2017-21
Table 23: Germany inflation, 2017-21
Table 24: Germany consumer price index (absolute), 2017-21
Table 25: Germany exchange rate, 2017-21

List of Figures
Figure 1: Germany luxury goods market value: $ billion, 2016-21
Figure 2: Germany luxury goods market category segmentation: $ billion, 2016-2021
Figure 3: Germany luxury goods market geography segmentation: % share, by value, 2021
Figure 4: Germany luxury goods market value forecast: $ billion, 2021-26
Figure 5: Forces driving competition in the luxury goods market in Germany, 2021
Figure 6: Drivers of buyer power in the luxury goods market in Germany, 2021
Figure 7: Drivers of supplier power in the luxury goods market in Germany, 2021
Figure 8: Factors influencing the likelihood of new entrants in the luxury goods market in Germany, 2021
Figure 9: Factors influencing the threat of substitutes in the luxury goods market in Germany, 2021
Figure 10: Drivers of degree of rivalry in the luxury goods market in Germany, 2021

Companies Mentioned

A selection of companies mentioned in this report includes:

  • LVMH Moet Hennessy Louis Vuitton SA
  • Compagnie Financiere Richemont SA
  • Kering S.A.
  • HUGO BOSS AG