Luxury Goods Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2028

The Luxury Goods Market size is expected to grow at an annual average of CAGR 2% during the forecast period (2022-2028). Luxury goods are high value-added products in terms of price and quality. Most of these commodities are considered a status symbol of an individual. The global luxury goods market has benefited significantly from economic growth in the Asia Pacific and LAMEA regions. Increasing consumers’ spending power and improving living standards are expected to propel the market growth.

The following segmentation are covered in this report:

By Gender

• Male
• Female

By Product Type

• DESIGNER APPARELS
• JEWELRY & TIMEPIECES
• Accessories
• Cosmetics
• Fine Wines/Champagne and Spirits
• Travel Goods
• Others

Company Profile

• The Estée Lauder Companies Inc.
• Cie Financiere Richemont SA
• LVMH Moët Hennessy
• L’Oréal S.A.
• Kering S.A.
• Prada S.p.A.

Scope of the report

The research study analyses the Luxury Goods Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Luxury Goods Market Report

• What was the Luxury Goods Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Luxury Goods Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Luxury Goods Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.