Market Navigator: Global Luxury Retailing—Ultra Luxe and the China Market Stand Out as High-End Hitters

What's Inside

Each Market Navigator report offers an in-depth, data-rich view of a retail, consumer or technology sector and is packed with data on sectors, segments, companies and consumers. Our analysts discuss at greater length the sector themes they are observing and the insights they are forming on their markets. We intend these definitive guides to serve as points of reference to those in the retail ecosystem, guiding readers’ strategic decision-making and assisting them in tapping opportunities and navigating disruption in retail and adjacent industries.

In this Market Navigator, Coresight Research explores the global luxury market. Dive in today to gain insights into emerging ideas and opportunities, understand the growth trajectory of the market and explore the competitive landscape. You will also discover key insights about market factors and consumer behavior and preferences, based on proprietary survey findings. We also discuss key themes we are watching in the global luxury market, aligning with our RESET framework. Key topics covered in this report include industry consolidation in the luxury market, the strength of the premium luxury segment and the Chinese luxury market, increased mergers and acquisitions activity, and generative artificial intelligence (GenAI), among others.

Included with this Market Navigator: 

• Grab quick access to charts, data points and conclusions in the presentation download
• Access the data behind key charts and tables in the Excel download

Data in this research report include:

• Total and online market sizes and year-over-year growth rates, 2018–2028E
• Market breakdowns by geography and segment, 2018–2028E
• Savings rates for China, the UK and the US, 2019–2023
• Revenues, operating margins and store counts of leading companies from across the global luxury market
• Proprietary survey data on where US and Chinese consumers are shopping for luxury goods, as well as what channels they are using to shop for luxury goods

Companies mentioned in this report include: Burberry, Canada Goose, Capri Holdings, Chow Tai Fook Jewellery, The Estée Lauder Companies, Hermès, Kering, L’Oréal, LVMH, Moncler, Prada, Ralph Lauren, Richemont, Tapestry

Other relevant research:

• The Research Preview for this report
• Global Luxury—Retail 2024 Sector Outlook: Emerging Markets and Young Shoppers To Drive Growth
• Introducing “Fast Luxury” and Its Implications for the Retail Market
• Five Ways AI Is Being Used in Luxury Retail
• Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles.
• More reports in the Coresight Research Market Navigator (and Market Outlook) series