Market Outlook 16 minutes PremiumSector Overview: Luxury — New Customers and New Business Models Equals a New Luxury Coresight Research February 15, 2019 Executive SummaryEach of our Sector Overview reports provides an essential briefing on a sector or market. An evolving definition of luxury and new luxury consumers set the stage for dynamic changes in global personal luxury goods sector. The global personal luxury goods sector achieved a 4.2% five-year CAGR in the 2012-2017 period. The top 15 industry participants hold close to 50% of the market on a combined basis. Industry participants have anticipated a slowdown in the last few years. However, we are seeing more of a market shift as Asia-based transactions are syphoning off top-line growth in the more developed luxury markets of Europe and the U.S. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: January 2024 US Retail Sales: Growth Moderates; Health Stores and Nonstore Retailers Continue To Show Solid GrowthUS Retail Loyalty Programs: Decoding Consumer Behavior To Build Lasting RelationshipsEarnings Insights 2Q24, Week 3: Clorox, Floor & Decor and Under Armour Among the Many Companies Reporting Sales DeclinesUS Consumer Tracker: More Consumers Get Out and About