As the global economy mends, the 2021 growth of Luxury Goods will have significant change from previous year. According to our (LP Information) latest study, the global Luxury Goods market size is USD million in 2022 from USD 231670 million in 2021, with a change of % between 2021 and 2022. The global Luxury Goods market size will reach USD 312260 million in 2028, growing at a CAGR of 4.4% over the analysis period.
The United States Luxury Goods market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Luxury Goods market, reaching US$ million by the year 2028. As for the Europe Luxury Goods landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Luxury Goods players cover LVMH, Kering, Rolex, and Tiffany, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Goods market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Luxury Watches & Jewelry
Apparels And Leather Goods
Luxury Personal Care & Cosmetics
Wines/Champagne And Spirits
Fragrances
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Individual
Commercial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
LVMH
Kering
Rolex
Tiffany
Coty
Swatch
Prada
Financière Richemont
Hermes
Graff Diamonds
Burberry
The United States Luxury Goods market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Luxury Goods market, reaching US$ million by the year 2028. As for the Europe Luxury Goods landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Luxury Goods players cover LVMH, Kering, Rolex, and Tiffany, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Goods market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Luxury Watches & Jewelry
Apparels And Leather Goods
Luxury Personal Care & Cosmetics
Wines/Champagne And Spirits
Fragrances
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Individual
Commercial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
LVMH
Kering
Rolex
Tiffany
Coty
Swatch
Prada
Financière Richemont
Hermes
Graff Diamonds
Burberry
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Luxury Goods Market Size 2017-2028
2.1.2 Luxury Goods Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Luxury Goods Segment by Type
2.2.1 Luxury Watches & Jewelry
2.2.2 Apparels And Leather Goods
2.2.3 Luxury Personal Care & Cosmetics
2.2.4 Wines/Champagne And Spirits
2.2.5 Fragrances
2.2.6 Others
2.3 Luxury Goods Market Size by Type
2.3.1 Luxury Goods Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Luxury Goods Market Size Market Share by Type (2017-2022)
2.4 Luxury Goods Segment by Application
2.4.1 Individual
2.4.2 Commercial
2.5 Luxury Goods Market Size by Application
2.5.1 Luxury Goods Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Luxury Goods Market Size Market Share by Application (2017-2022)
3 Luxury Goods Market Size by Player
3.1 Luxury Goods Market Size Market Share by Players
3.1.1 Global Luxury Goods Revenue by Players (2020-2022)
3.1.2 Global Luxury Goods Revenue Market Share by Players (2020-2022)
3.2 Global Luxury Goods Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Luxury Goods by Regions
4.1 Luxury Goods Market Size by Regions (2017-2022)
4.2 Americas Luxury Goods Market Size Growth (2017-2022)
4.3 APAC Luxury Goods Market Size Growth (2017-2022)
4.4 Europe Luxury Goods Market Size Growth (2017-2022)
4.5 Middle East & Africa Luxury Goods Market Size Growth (2017-2022)
5 Americas
5.1 Americas Luxury Goods Market Size by Country (2017-2022)
5.2 Americas Luxury Goods Market Size by Type (2017-2022)
5.3 Americas Luxury Goods Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Luxury Goods Market Size by Region (2017-2022)
6.2 APAC Luxury Goods Market Size by Type (2017-2022)
6.3 APAC Luxury Goods Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Luxury Goods by Country (2017-2022)
7.2 Europe Luxury Goods Market Size by Type (2017-2022)
7.3 Europe Luxury Goods Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Luxury Goods by Region (2017-2022)
8.2 Middle East & Africa Luxury Goods Market Size by Type (2017-2022)
8.3 Middle East & Africa Luxury Goods Market Size by Application (2017-2022)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Luxury Goods Market Forecast
10.1 Global Luxury Goods Forecast by Regions (2023-2028)
10.1.1 Global Luxury Goods Forecast by Regions (2023-2028)
10.1.2 Americas Luxury Goods Forecast
10.1.3 APAC Luxury Goods Forecast
10.1.4 Europe Luxury Goods Forecast
10.1.5 Middle East & Africa Luxury Goods Forecast
10.2 Americas Luxury Goods Forecast by Country (2023-2028)
10.2.1 United States Luxury Goods Market Forecast
10.2.2 Canada Luxury Goods Market Forecast
10.2.3 Mexico Luxury Goods Market Forecast
10.2.4 Brazil Luxury Goods Market Forecast
10.3 APAC Luxury Goods Forecast by Region (2023-2028)
10.3.1 China Luxury Goods Market Forecast
10.3.2 Japan Luxury Goods Market Forecast
10.3.3 Korea Luxury Goods Market Forecast
10.3.4 Southeast Asia Luxury Goods Market Forecast
10.3.5 India Luxury Goods Market Forecast
10.3.6 Australia Luxury Goods Market Forecast
10.4 Europe Luxury Goods Forecast by Country (2023-2028)
10.4.1 Germany Luxury Goods Market Forecast
10.4.2 France Luxury Goods Market Forecast
10.4.3 UK Luxury Goods Market Forecast
10.4.4 Italy Luxury Goods Market Forecast
10.4.5 Russia Luxury Goods Market Forecast
10.5 Middle East & Africa Luxury Goods Forecast by Region (2023-2028)
10.5.1 Egypt Luxury Goods Market Forecast
10.5.2 South Africa Luxury Goods Market Forecast
10.5.3 Israel Luxury Goods Market Forecast
10.5.4 Turkey Luxury Goods Market Forecast
10.5.5 GCC Countries Luxury Goods Market Forecast
10.6 Global Luxury Goods Forecast by Type (2023-2028)
10.7 Global Luxury Goods Forecast by Application (2023-2028)
11 Key Players Analysis
11.1 LVMH
11.1.1 LVMH Company Information
11.1.2 LVMH Luxury Goods Product Offered
11.1.3 LVMH Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.1.4 LVMH Main Business Overview
11.1.5 LVMH Latest Developments
11.2 Kering
11.2.1 Kering Company Information
11.2.2 Kering Luxury Goods Product Offered
11.2.3 Kering Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.2.4 Kering Main Business Overview
11.2.5 Kering Latest Developments
11.3 Rolex
11.3.1 Rolex Company Information
11.3.2 Rolex Luxury Goods Product Offered
11.3.3 Rolex Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.3.4 Rolex Main Business Overview
11.3.5 Rolex Latest Developments
11.4 Tiffany
11.4.1 Tiffany Company Information
11.4.2 Tiffany Luxury Goods Product Offered
11.4.3 Tiffany Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.4.4 Tiffany Main Business Overview
11.4.5 Tiffany Latest Developments
11.5 Coty
11.5.1 Coty Company Information
11.5.2 Coty Luxury Goods Product Offered
11.5.3 Coty Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.5.4 Coty Main Business Overview
11.5.5 Coty Latest Developments
11.6 Swatch
11.6.1 Swatch Company Information
11.6.2 Swatch Luxury Goods Product Offered
11.6.3 Swatch Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.6.4 Swatch Main Business Overview
11.6.5 Swatch Latest Developments
11.7 Prada
11.7.1 Prada Company Information
11.7.2 Prada Luxury Goods Product Offered
11.7.3 Prada Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.7.4 Prada Main Business Overview
11.7.5 Prada Latest Developments
11.8 Financière Richemont
11.8.1 Financière Richemont Company Information
11.8.2 Financière Richemont Luxury Goods Product Offered
11.8.3 Financière Richemont Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.8.4 Financière Richemont Main Business Overview
11.8.5 Financière Richemont Latest Developments
11.9 Hermes
11.9.1 Hermes Company Information
11.9.2 Hermes Luxury Goods Product Offered
11.9.3 Hermes Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.9.4 Hermes Main Business Overview
11.9.5 Hermes Latest Developments
11.10 Graff Diamonds
11.10.1 Graff Diamonds Company Information
11.10.2 Graff Diamonds Luxury Goods Product Offered
11.10.3 Graff Diamonds Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.10.4 Graff Diamonds Main Business Overview
11.10.5 Graff Diamonds Latest Developments
11.11 Burberry
11.11.1 Burberry Company Information
11.11.2 Burberry Luxury Goods Product Offered
11.11.3 Burberry Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.11.4 Burberry Main Business Overview
11.11.5 Burberry Latest Developments
12 Research Findings and Conclusion
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Luxury Goods Market Size 2017-2028
2.1.2 Luxury Goods Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Luxury Goods Segment by Type
2.2.1 Luxury Watches & Jewelry
2.2.2 Apparels And Leather Goods
2.2.3 Luxury Personal Care & Cosmetics
2.2.4 Wines/Champagne And Spirits
2.2.5 Fragrances
2.2.6 Others
2.3 Luxury Goods Market Size by Type
2.3.1 Luxury Goods Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Luxury Goods Market Size Market Share by Type (2017-2022)
2.4 Luxury Goods Segment by Application
2.4.1 Individual
2.4.2 Commercial
2.5 Luxury Goods Market Size by Application
2.5.1 Luxury Goods Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Luxury Goods Market Size Market Share by Application (2017-2022)
3 Luxury Goods Market Size by Player
3.1 Luxury Goods Market Size Market Share by Players
3.1.1 Global Luxury Goods Revenue by Players (2020-2022)
3.1.2 Global Luxury Goods Revenue Market Share by Players (2020-2022)
3.2 Global Luxury Goods Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Luxury Goods by Regions
4.1 Luxury Goods Market Size by Regions (2017-2022)
4.2 Americas Luxury Goods Market Size Growth (2017-2022)
4.3 APAC Luxury Goods Market Size Growth (2017-2022)
4.4 Europe Luxury Goods Market Size Growth (2017-2022)
4.5 Middle East & Africa Luxury Goods Market Size Growth (2017-2022)
5 Americas
5.1 Americas Luxury Goods Market Size by Country (2017-2022)
5.2 Americas Luxury Goods Market Size by Type (2017-2022)
5.3 Americas Luxury Goods Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Luxury Goods Market Size by Region (2017-2022)
6.2 APAC Luxury Goods Market Size by Type (2017-2022)
6.3 APAC Luxury Goods Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Luxury Goods by Country (2017-2022)
7.2 Europe Luxury Goods Market Size by Type (2017-2022)
7.3 Europe Luxury Goods Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Luxury Goods by Region (2017-2022)
8.2 Middle East & Africa Luxury Goods Market Size by Type (2017-2022)
8.3 Middle East & Africa Luxury Goods Market Size by Application (2017-2022)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Luxury Goods Market Forecast
10.1 Global Luxury Goods Forecast by Regions (2023-2028)
10.1.1 Global Luxury Goods Forecast by Regions (2023-2028)
10.1.2 Americas Luxury Goods Forecast
10.1.3 APAC Luxury Goods Forecast
10.1.4 Europe Luxury Goods Forecast
10.1.5 Middle East & Africa Luxury Goods Forecast
10.2 Americas Luxury Goods Forecast by Country (2023-2028)
10.2.1 United States Luxury Goods Market Forecast
10.2.2 Canada Luxury Goods Market Forecast
10.2.3 Mexico Luxury Goods Market Forecast
10.2.4 Brazil Luxury Goods Market Forecast
10.3 APAC Luxury Goods Forecast by Region (2023-2028)
10.3.1 China Luxury Goods Market Forecast
10.3.2 Japan Luxury Goods Market Forecast
10.3.3 Korea Luxury Goods Market Forecast
10.3.4 Southeast Asia Luxury Goods Market Forecast
10.3.5 India Luxury Goods Market Forecast
10.3.6 Australia Luxury Goods Market Forecast
10.4 Europe Luxury Goods Forecast by Country (2023-2028)
10.4.1 Germany Luxury Goods Market Forecast
10.4.2 France Luxury Goods Market Forecast
10.4.3 UK Luxury Goods Market Forecast
10.4.4 Italy Luxury Goods Market Forecast
10.4.5 Russia Luxury Goods Market Forecast
10.5 Middle East & Africa Luxury Goods Forecast by Region (2023-2028)
10.5.1 Egypt Luxury Goods Market Forecast
10.5.2 South Africa Luxury Goods Market Forecast
10.5.3 Israel Luxury Goods Market Forecast
10.5.4 Turkey Luxury Goods Market Forecast
10.5.5 GCC Countries Luxury Goods Market Forecast
10.6 Global Luxury Goods Forecast by Type (2023-2028)
10.7 Global Luxury Goods Forecast by Application (2023-2028)
11 Key Players Analysis
11.1 LVMH
11.1.1 LVMH Company Information
11.1.2 LVMH Luxury Goods Product Offered
11.1.3 LVMH Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.1.4 LVMH Main Business Overview
11.1.5 LVMH Latest Developments
11.2 Kering
11.2.1 Kering Company Information
11.2.2 Kering Luxury Goods Product Offered
11.2.3 Kering Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.2.4 Kering Main Business Overview
11.2.5 Kering Latest Developments
11.3 Rolex
11.3.1 Rolex Company Information
11.3.2 Rolex Luxury Goods Product Offered
11.3.3 Rolex Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.3.4 Rolex Main Business Overview
11.3.5 Rolex Latest Developments
11.4 Tiffany
11.4.1 Tiffany Company Information
11.4.2 Tiffany Luxury Goods Product Offered
11.4.3 Tiffany Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.4.4 Tiffany Main Business Overview
11.4.5 Tiffany Latest Developments
11.5 Coty
11.5.1 Coty Company Information
11.5.2 Coty Luxury Goods Product Offered
11.5.3 Coty Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.5.4 Coty Main Business Overview
11.5.5 Coty Latest Developments
11.6 Swatch
11.6.1 Swatch Company Information
11.6.2 Swatch Luxury Goods Product Offered
11.6.3 Swatch Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.6.4 Swatch Main Business Overview
11.6.5 Swatch Latest Developments
11.7 Prada
11.7.1 Prada Company Information
11.7.2 Prada Luxury Goods Product Offered
11.7.3 Prada Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.7.4 Prada Main Business Overview
11.7.5 Prada Latest Developments
11.8 Financière Richemont
11.8.1 Financière Richemont Company Information
11.8.2 Financière Richemont Luxury Goods Product Offered
11.8.3 Financière Richemont Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.8.4 Financière Richemont Main Business Overview
11.8.5 Financière Richemont Latest Developments
11.9 Hermes
11.9.1 Hermes Company Information
11.9.2 Hermes Luxury Goods Product Offered
11.9.3 Hermes Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.9.4 Hermes Main Business Overview
11.9.5 Hermes Latest Developments
11.10 Graff Diamonds
11.10.1 Graff Diamonds Company Information
11.10.2 Graff Diamonds Luxury Goods Product Offered
11.10.3 Graff Diamonds Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.10.4 Graff Diamonds Main Business Overview
11.10.5 Graff Diamonds Latest Developments
11.11 Burberry
11.11.1 Burberry Company Information
11.11.2 Burberry Luxury Goods Product Offered
11.11.3 Burberry Luxury Goods Revenue, Gross Margin and Market Share (2020-2022)
11.11.4 Burberry Main Business Overview
11.11.5 Burberry Latest Developments
12 Research Findings and Conclusion
Research Methodology
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analysing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.