0

Personal Luxury Goods Market by Distribution Channel, Product, and Product - Forecast and Analysis 2023-2027

  • Published: Dec 2022
  • Pages: 174
  • SKU: IRTNTR70417
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The personal luxury goods market is estimated to grow at a CAGR of 2.7% between 2022 and 2027. The size of the market is forecast to increase by USD 42.43 billion. The growth of the market depends on several factors, including increased demand for premium beauty products and cosmetics, the influence of different marketing strategies on customers' purchase decisions, and the increasing demand for affordable luxury goods. 

This report extensively covers market segmentation by distribution channel (offline and online), product (hard luxury, apparel, cosmetics and perfumes, accessories, and others), and geography (Europe, North America, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Personal Luxury Goods Market During the Forecast Period?

Personal Luxury Goods Market Size

To learn more about this report, Download Report Sample

Personal Luxury Goods Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increased demand for premium beauty products and cosmetics is notably driving market growth, although factors such as the presence of counterfeit products may impede market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Personal Luxury Goods Market Driver

The increased demand for premium beauty products and cosmetics drives the market growth.  As disposable incomes increase, consumers spend more and more on high-quality cosmetics, especially skincare products. Consumers are increasingly aware of skin concerns such as blemishes, acne, and pigmentation and are willing to pay for quality skin care products.

Cosmetics and skincare brands focus on differentiation from pharmaceutical companies. Therefore, they invest in innovative skin care products and techniques. Consumers, especially the aging population, are looking for skin care products that help maintain a youthful appearance. In the past, anti-aging creams were used to temporarily tighten the skin to reduce lines and wrinkles. However, technological advances have increased the number of high-quality, advanced anti-aging products. These products will boost the market growth during the forecast period. 

Significant Personal Luxury Goods Market Trend

Brand promotion through social media is an emerging trend in the market. An important role is provided by social media in increasing product awareness. Social media is a boon to any industry as it provides a platform to actively interact with consumers. Consumers use social networking sites and blogs to learn about personal luxury products such as cosmetics, bags, shoes, and clothing. Hence sellers use these platforms to create awareness and promote their products.

Some of the main platforms including Facebook, Twitter, Instagram, and YouTube are used for promoting products. In recent years, the total sales volume and revenues of sellers have been positively affected by factors such as the growth of internet and smartphone penetration and the increasing customer engagement of luxury goods sellers. These factors will drive market growth during the forecast period. 

Major Personal Luxury Goods Market Challenge

The presence of counterfeit products is a major challenge impeding the market. The growing market prospects of personal products and their increasing demand simultaneously drive fake personal luxury goods, especially in developing regions. Additionally, the spread of e-commerce has driven the sales of counterfeit products as it is difficult for customers to distinguish genuine products from fake products.

Counterfeit products are cheap and therefore in high demand. These products adversely affect the sales and pricing strategies of genuine sellers, reducing their market share and tarnishing their reputation. To overcome these challenges, global players are forced to reduce the prices of their products. However, advertising and sales promotion campaigns help retain and attract customers, ensure brand loyalty, and prevent switching to counterfeit products. But these promotional activities incur huge expenses and further reduce the profit margins of sellers. Therefore, these factors will hinder the market growth during the forecast period. 

Key Personal Luxury Goods Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Personal Luxury Goods Market Share by Geography

Global Personal Luxury Goods Market Customer Landscape

Who are the Major Personal Luxury Goods Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Prada S.p.A - The company offers blood glucose monitoring devices, thermometers, deluxe massage chairs, respiratory masks, and other products. The key offerings of the company include electric massagers. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Capri Holdings Ltd.
  • Chow Tai Fook Jewellery Group Ltd.
  • Compagnie Financiere Richemont SA
  • Coty Inc.
  • Giorgio Armani S.p.A.
  • Hermes International SA
  • Kering SA
  • LOreal SA
  • LVMH Moet Hennessy Louis Vuitton SE
  • PVH Corp.
  • Ralph Lauren Corp.
  • Rolex SA
  • Safilo Group Spa
  • Shiseido Co. Ltd.
  • Swarovski AG

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Personal Luxury Goods Market?

The market share growth by the offline segment will be significant during the forecast period. The revenue of the offline distribution channel comes from the sales of products through specialty stores, including brand-owned stores, multi-brand stores, apparel stores, fashion, and personal accessory stores, sports equipment stores, hypermarkets, supermarkets, convenience stores, clubhouse stores, and department stores. 

Personal Luxury Goods Market Size

Get a glance at the market contribution of various segments Request a PDF Sample

The offline segment was valued at USD 219.06 billion in 2017 and continued to grow until 2021. The huge growth in retail channels in different regions will drive customer familiarization with different types of footwear, purses, belts, and many other things. It will also increase the value of sales in the global personal luxury goods market during the forecast period. Vendors focus on improving their offline sales by widening their operations in different locations. This helps them generate sales of products efficiently and to cater to every consumer category in large geographic areas. Although the offline segment is losing its market share to the online segment, innovative marketing strategies by vendors will keep the growth rate of the offline segment stable during the forecast period. These factors will boost segment growth during the forecast period. 

Which are the Key Regions for the Personal Luxury Goods Market?

Personal Luxury Goods Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

Europe is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have explained the regional trends and drivers that shape the market during the forecast period.

The high per capita income and the rising disposable income of customers in Europe have resulted in an increased demand for personal luxury goods in the region. Therefore, vendors are offering personal luxury goods such as apparel, cosmetics, and hard luxury goods on their web portals as well as through third-party online sellers. This will propel the growth of the online personal luxury goods market in the region during the forecast period. 

Furthermore, the rise in international inbound tourism in countries such as Italy, France, and the UK, as well as the increase in spending by tourists, is driving the market for personal luxury goods such as luxury handbags. Besides, the market for personal luxury goods in the region has grown due to the high demand for designer apparel and leather footwear. The increasing spending on luxury products for men, such as leather footwear, is one of the trends in the market.

The market was highly impacted by the COVID-19 pandemic in 2020. However, in 2021, various business and industrial activities related to the manufacturing of luxury goods, such as apparel, watches, and shoes, resumed, which increased the demand for personal luxury goods. Furthermore, rising consumer living standards supported by their increasing disposable income levels are augmenting the sales of personal luxury goods in Europe. In addition, with the increasing adoption and growth of online channel retailing, the personal luxury goods market in the region is expected to grow during the forecast period. Such factors will drive the regional market's growth during the forecast period. 

Parent Market Analysis

Technavio categorizes the global personal luxury goods market as a part of the global leisure products industry within the global household durables market. The parent market, the global leisure products market, covers a variety of categories, including sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games.  Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Distribution Channel (Offline and Online), Product (Hard luxury, Apparel, Cosmetics and perfumes, Accessories, and Others), and Geography (Europe, North America, APAC, Middle East and Africa, and South America).

  • Distribution Channel Outlook (USD Billion, 2017 - 2027)
    • Offline
    • Online
  • Product Outlook (USD Billion, 2017 - 2027)
    • Hard luxury
    • Apparel
    • Cosmetics and perfumes
    • Accessories
    • Others
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Personal Luxury Goods Market Scope

Report Coverage

Details

Page number

174

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 2.7%

Market growth 2023-2027

USD 42.43 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

1.7

Regional analysis

Europe, North America, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 35%

Key countries

US, China, Germany, France, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Capri Holdings Ltd., Chow Tai Fook Jewellery Group Ltd., Compagnie Financiere Richemont SA, Coty Inc., Giorgio Armani S.p.A., Hermes International SA, Kering SA, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Prada S.p.A, PVH Corp., Ralph Lauren Corp., Rolex SA, Safilo Group Spa, Shiseido Co. Ltd., Swarovski AG, Tapestry Inc., The Estee Lauder Co. Inc., The Level Group S.r.l., and The Swatch Group Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Personal Luxury Goods Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the personal luxury goods market between 2023 and 2027
  • Precise estimation of the personal luxury goods market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of personal luxury goods market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global personal luxury goods market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global personal luxury goods market 2017 - 2021 ($ billion)
    • 4.2 Distribution Channel Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 32: Chart on Comparison by Distribution Channel
      • Exhibit 33: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 6.4 Online - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 42: Market opportunity by Distribution Channel ($ billion)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 43: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 45: Chart on Comparison by Product
      • Exhibit 46: Data Table on Comparison by Product
    • 7.3 Hard luxury - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Hard luxury - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Data Table on Hard luxury - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Chart on Hard luxury - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Hard luxury - Year-over-year growth 2022-2027 (%)
    • 7.4 Apparel - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Apparel - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Apparel - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Apparel - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Apparel - Year-over-year growth 2022-2027 (%)
    • 7.5 Cosmetics and perfumes - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Cosmetics and perfumes - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Cosmetics and perfumes - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Cosmetics and perfumes - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Cosmetics and perfumes - Year-over-year growth 2022-2027 (%)
    • 7.6 Accessories - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Accessories - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Accessories - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Accessories - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Accessories - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Product
      • Exhibit 67: Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 69: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 71: Chart on Geographic comparison
      • Exhibit 72: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 105: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 106: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 107: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 113: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 114: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 116: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 117: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 118: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 119: Matrix on vendor position and classification
            • 12.3 Capri Holdings Ltd.
              • Exhibit 120: Capri Holdings Ltd. - Overview
              • Exhibit 121: Capri Holdings Ltd. - Business segments
              • Exhibit 122: Capri Holdings Ltd. - Key news
              • Exhibit 123: Capri Holdings Ltd. - Key offerings
              • Exhibit 124: Capri Holdings Ltd. - Segment focus
            • 12.4 Chow Tai Fook Jewellery Group Ltd.
              • Exhibit 125: Chow Tai Fook Jewellery Group Ltd. - Overview
              • Exhibit 126: Chow Tai Fook Jewellery Group Ltd. - Business segments
              • Exhibit 127: Chow Tai Fook Jewellery Group Ltd. - Key offerings
              • Exhibit 128: Chow Tai Fook Jewellery Group Ltd. - Segment focus
            • 12.5 Compagnie Financiere Richemont SA
              • Exhibit 129: Compagnie Financiere Richemont SA - Overview
              • Exhibit 130: Compagnie Financiere Richemont SA - Business segments
              • Exhibit 131: Compagnie Financiere Richemont SA - Key offerings
              • Exhibit 132: Compagnie Financiere Richemont SA - Segment focus
            • 12.6 Coty Inc.
              • Exhibit 133: Coty Inc. - Overview
              • Exhibit 134: Coty Inc. - Business segments
              • Exhibit 135: Coty Inc. - Key offerings
              • Exhibit 136: Coty Inc. - Segment focus
            • 12.7 Giorgio Armani S.p.A.
              • Exhibit 137: Giorgio Armani S.p.A. - Overview
              • Exhibit 138: Giorgio Armani S.p.A. - Product / Service
              • Exhibit 139: Giorgio Armani S.p.A. - Key offerings
            • 12.8 Hermes International SA
              • Exhibit 140: Hermes International SA - Overview
              • Exhibit 141: Hermes International SA - Business segments
              • Exhibit 142: Hermes International SA - Key offerings
              • Exhibit 143: Hermes International SA - Segment focus
            • 12.9 Kering SA
              • Exhibit 144: Kering SA - Overview
              • Exhibit 145: Kering SA - Business segments
              • Exhibit 146: Kering SA - Key offerings
              • Exhibit 147: Kering SA - Segment focus
            • 12.10 LOreal SA
              • Exhibit 148: LOreal SA - Overview
              • Exhibit 149: LOreal SA - Business segments
              • Exhibit 150: LOreal SA - Key news
              • Exhibit 151: LOreal SA - Key offerings
              • Exhibit 152: LOreal SA - Segment focus
            • 12.11 LVMH Moet Hennessy Louis Vuitton SE
              • Exhibit 153: LVMH Moet Hennessy Louis Vuitton SE - Overview
              • Exhibit 154: LVMH Moet Hennessy Louis Vuitton SE - Business segments
              • Exhibit 155: LVMH Moet Hennessy Louis Vuitton SE - Key news
              • Exhibit 156: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
              • Exhibit 157: LVMH Moet Hennessy Louis Vuitton SE - Segment focus
            • 12.12 Prada S.p.A
              • Exhibit 158: Prada S.p.A - Overview
              • Exhibit 159: Prada S.p.A - Product / Service
              • Exhibit 160: Prada S.p.A - Key offerings
            • 12.13 PVH Corp.
              • Exhibit 161: PVH Corp. - Overview
              • Exhibit 162: PVH Corp. - Business segments
              • Exhibit 163: PVH Corp. - Key offerings
              • Exhibit 164: PVH Corp. - Segment focus
            • 12.14 Ralph Lauren Corp.
              • Exhibit 165: Ralph Lauren Corp. - Overview
              • Exhibit 166: Ralph Lauren Corp. - Business segments
              • Exhibit 167: Ralph Lauren Corp. - Key offerings
              • Exhibit 168: Ralph Lauren Corp. - Segment focus
            • 12.15 Rolex SA
              • Exhibit 169: Rolex SA - Overview
              • Exhibit 170: Rolex SA - Product / Service
              • Exhibit 171: Rolex SA - Key offerings
            • 12.16 The Level Group S.r.l.
              • Exhibit 172: The Level Group S.r.l. - Overview
              • Exhibit 173: The Level Group S.r.l. - Product / Service
              • Exhibit 174: The Level Group S.r.l. - Key offerings
            • 12.17 The Swatch Group Ltd.
              • Exhibit 175: The Swatch Group Ltd. - Overview
              • Exhibit 176: The Swatch Group Ltd. - Business segments
              • Exhibit 177: The Swatch Group Ltd. - Key offerings
              • Exhibit 178: The Swatch Group Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 179: Inclusions checklist
                • Exhibit 180: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 181: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 182: Research methodology
                • Exhibit 183: Validation techniques employed for market sizing
                • Exhibit 184: Information sources
              • 13.5 List of abbreviations
                • Exhibit 185: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your sample now!
              Personal Luxury Goods market growth will increase by $42.43 billion during 2023-2027.
              The personal luxury goods market is expected to grow at a CAGR of 2.7% during 2023-2027.
              Technavio has segmented the personal luxury goods market by distribution channel (Offline, Online, Hard luxury, Cosmetics, and Others) ,product (Hard luxury, Apparel, Cosmetics and perfumes, Accessories, and Others) , and geography (Europe, North America, APAC, Middle East and Africa, and South America).
              Capri Holdings Ltd., Chow Tai Fook Jewellery Group Ltd., Compagnie Financiere Richemont SA, Coty Inc., Giorgio Armani S.p.A., Hermes International SA, Kering SA, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Prada S.p.A, PVH Corp., Ralph Lauren Corp., Rolex SA, Safilo Group Spa, Shiseido Co. Ltd., Swarovski AG, Tapestry Inc., The Estee Lauder Co. Inc., The Level Group S.r.l., The Swatch Group Ltd. are a few of the key vendors in the personal luxury goods market.
              Europe will register the highest growth rate of 35.45% among the other regions. Therefore, the personal luxury goods market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the personal luxury goods market growth are:
              • Increased demand for premium beauty products and cosmetics
              • Integration of technology
              The personal luxury goods market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis

              Certified ISO 9001 : 2015

              We are ISO recognized

              We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

              We are GDPR and CCPA compliant

              We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

              Safe and Secure SSL Encrypted
              Technavio

              info
              close
              • Single:

                One user only.
                Quick & easy download option

              • Enterprise:

                Unlimited user access (Within your organization)
                Complimentary Customization Included

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Customized Report as per your Business Needs

              • Our analysts will work directly with you and understand your needs
              • Get data on specified regions or segments, competitor and Vendors
              • Data will be formatted and presented as per your requirements
              • We offer $1000 worth of FREE customization at the time of purchase

              Let us help you make report more suited to your requirements.

              • Get a competitive breakdown as per your niche industry
              • Customize the data with various metrics that meet your business prerequisite
              • Understand Revenue Sources, Customers and many more
              • Details on Market Share
              • These customizations are done in a short amount of time by our analysts and industry experts
              Technavio
              Enquire Before Buying
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>