Consumer luxury goods are products that are not essential but are highly desired and associated with wealthy or affluent people. They are bought for several reasons: to support self-worth and status, or for the product's quality and craftsmanship.
Consumer Luxury Goods Market contains market size and forecasts of Consumer Luxury Goods in Global, including the following market information:
- Global Consumer Luxury Goods Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Consumer Luxury Goods market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Apparel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Consumer Luxury Goods include LVMH, Estee Lauder, Richemont, Essilor International S.A., Kering, L'Oreal Luxe, The Swatch Group, Ralph Lauren and PVH, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Consumer Luxury Goods companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Consumer Luxury Goods Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Consumer Luxury Goods Market Segment Percentages, by Type, 2021 (%)
- Apparel
- Bags and Accessories
- Cosmetics
- Watches and Jewelry
- Others
Global Consumer Luxury Goods Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Consumer Luxury Goods Market Segment Percentages, by Application, 2021 (%)
- Online Sales
- Offline Sales
Global Consumer Luxury Goods Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Consumer Luxury Goods Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Consumer Luxury Goods revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Consumer Luxury Goods revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- LVMH
- Estee Lauder
- Richemont
- Essilor International S.A.
- Kering
- L'Oreal Luxe
- The Swatch Group
- Ralph Lauren
- PVH
- Chow Tai Fook Jewellery
- Hermes
- Rolex
- Lao Feng Xiang
- Michael Kors
- Tapestry (Coach)
- Tiffany
- Shiseido
- Burberry
- Prada
- Pandora
Industry Market Size
