Published By: Syndicate Market Research
Luxury Goods Market - Global Industry
Perspective, Comprehensive Analysis and
Forecast, 2014 – 2020
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Luxury Goods Market
The demand of luxury goods is increasing due to rising disposable income. The products which
are not essential to survive but which make life more pleasant for consumer are called as luxury
goods. Luxury goods are also called as superior goods. The growth of luxury goods market is
directly proportional to the income elasticity. The way of purchasing luxury goods also affect the
luxury goods market. Being able to recognize the right channel for marketing, purchasing way of
luxury consumers and choose the beneficial way of shopping in-store vs. online will be a key
focus for luxury brands going forward. These factors are strongly associated with the growth of
luxury goods market.
The report includes detailed competitive landscape of the global luxury goods market. It
includes company market share analysis, product portfolio of the major industry participants.
The report provides detailed segmentation of the luxury goods market based on product
segment and region. Luxury cars, luxury watches & jewelry, apparels and leather goods, luxury
personal care & cosmetics, wines/champagne and spirits, fragrances and others (tableware,
luxury pens etc.) are major product segments of luxury goods market. The apparel and leather
goods segment was the leading product segment in 2014 and is expected to continue its
dominance throughout forecast period.
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Luxury Goods Market
Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin
America, and Middle East and Africa. This report also provides further bifurcation...