Data-driven insights that help companies navigate the changing retail and technology landscape. LEARN MORE
Market Overviews 16 minutes premium

Sector Overview: Luxury — New Customers and New Business Models Equals a New Luxury

#
Coresight Research

Key Points

Each 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.
premium

This report is for Premium subscribers only. Learn more about subscriptions here.

Other research you may be interested in:

×
Do NOT follow this link or you will be banned from the site!

GET OUR DAILY INSIGHTS