Luxury Goods Industry 2017: Global Market Size, Share, Growth, Outlook and Forecast to 2021
Apr 6, 2017
MarketReportsOnline.com adds "Global Luxury Goods Market: Industry Analysis & Outlook (2017-2021)" to its store.
Pune, India - April 6, 2017 /MarketersMedia/ —
Luxury goods refer to products or services of superior quality that are distinguished from normal goods because of their unique craftsmanship, exclusivity and the reputation associated. They are characterized by their quality, price, scarcity, uniqueness, status, ancestral heritage and personal history. Luxury goods industry can reach the customers in three ways, through retail, wholesale or online. The wholesale route gives wider market exposure; retail channels give the opportunity for having direct contact with the customers, while the online mode gives flexibility to the customers.
Company coverage of Luxury Goods Market: LVMH Moët Hennessy Louis Vuitton SE, Kering SA, Compagnie Financière Richemont SA and Luxottica Group SpA
Complete report on luxury goods market spread across 81 pages, providing 4 company profiles with 55 charts is now available at http://www.marketreportsonline.com/581919.html.
Growing affluence and rising consumer consciousness has ensured sustained growth in the global luxury goods market, which is helmed by personal luxury goods at the forefront. Key factors driving this growth are rise in HNWI population, increasing net household wealth, growing wealth inequality, rising internet users and growing urban population. The major trends observed in the market are higher sales via off-price stores, and inclining sales via e-commerce platforms. Further, the growth of this market is hampered by factors such has geopolitical instability, need for better data analysis and struggling Chinese currency.
The report “Global Luxury Goods Market: Industry Analysis & Outlook (2017-2021)” analyzes the development of this market, with focus on the EMEA, the Americas and Asia-Pacific markets. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: LVMH Moët Hennessy Louis Vuitton SE, Kering SA, Compagnie Financière Richemont SA and Luxottica Group SpA are being profiled along with their key financials and strategies for growth.
Purchase a copy of this “Global Luxury Goods Market” research report at USD 800 (Single User License) http://www.marketreportsonline.com/contacts/purchase.php?name=581919.
Few Points from List of Charts:
Characteristics of Luxury Goods
Luxury Goods by Products
Distribution Channels of Luxury Goods
Global Luxury Goods Market by Value (2012-2016)
Global Luxury Goods Market Forecast by Value (2017-2021)
Global Luxury Goods Market by Products (2016)
Global Luxury Cars Market by Value (2012-2016)
Global Luxury Cars Market Forecast by Value (2017-2021)
Global Luxury Hotel Market by Value (2012-2016)
Global Luxury Hotel Market Forecast by Value (2017-2021)
Global Luxury Spirits & Fine Wine Market by Value (2012-2016)
Global Luxury Spirits & Fine Wine Market Forecast by Value (2017-2021)
Global Luxury Food Market by Value (2012-2016)
Global Luxury Food Market Forecast by Value (2017-2021)
Global Personal Luxury Goods Market by Value (2012-2016)
Global Personal Luxury Goods Market Forecast by Value (2017-2021)
Explore more consumer goods market research as well as other newly published reports by Koncept Analytics at http://www.marketreportsonline.com/publisher/koncept-analytics-market-research.html.
Contact Info:
Name: Ritesh Tiwari
Email: [email protected]
Organization: MarketReportsOnline
Phone: + 1 888 391 5441
For more information, please visit http://www.marketreportsonline.com/581919.html
Source: MarketersMedia
Release ID: 183947
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