A luxury good (or upmarket good) is a good for which demand increases more than proportionally as income rises, and is a contrast to a \"necessity good\", where demand increases proportionally less than income. Luxury goods are often synonymous with superior goods and Veblen goods.
The three dominant trends in the global luxury goods market are globalization, consolidation, and diversification. Consolidation involves the growth of big companies and ownership of brands across many segments of luxury products. Examples include LVMH, Richemont, and Kering, which dominate the market in areas ranging from luxury drinks to fashion and cosmetics.
In 2019, the market size of Luxury Fashion is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Luxury Fashion.
This report studies the global market size of Luxury Fashion, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Luxury Fashion sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Louis Vuitton
Hermès
Gucci
Chanel
Rolex
Cartier
Prada
Burberry
Michael Kors
Tiffany
Zara
Dolce & Gabbana
Market Segment by Product Type
Clothing
Footwear
Accessories
Market Segment by Application
Male
Female
Children
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)