World Luxury Goods Market Analysed in New Koncept Analytics Report Now Available at MarketPublishers.com14 Apr 2015 • by Natalie Aster
LONDON – Factors like improvement of the worldwide economy, rising levels of disposable income and wealth, increasing consumption of luxury goods by the middle class and ongoing global urbanisation are driving the development of the global market for luxury goods. The market’s growth is directly linked to macro indicators, such as real GDP, wealth, tourist arrivals, and disposable incomes. One of the key drivers to fuel the growth in the sector is the booming online personal luxury goods business. An off-price pricing strategy in the world’s online luxury goods market makes personal luxury goods available to an increasing number of people since they are able to compare the prices of various products and close the final deal. Furthermore, men have begun purchasing more luxury branded goods, thereby increasing their contribution to the market.
New research study “Global Luxury Goods Market Report: 2015 Edition” developed by Koncept Analytics provides an in-depth analysis of the development of the luxury goods market worldwide, with a specific focus on some of the key segments including automobiles, spirits and wines, and jewelry. It presents an in-depth discussion of the mature European market alongside emerging market of China. An insightful overview and analysis of key growth drivers, challenges, trends and issues faced by the industry is provided. The report assesses the competitive landscape and profiles the top players in the luxury goods market, such as Kering Group, LVMH, Richemont and Hermes International, including highlights of their key financials and growth strategies. Additionally, the research report gives projections for the future of the industry.
Global Luxury Goods Market Report: 2015 Edition
Published: April, 2015
Price: US$ 800.00
Other Topical Global Markets Reports by Koncept Analytics Encompass:
- Global Smokeless Tobacco Market Report: 2015 Edition
- Global Cardiac Rhythm Management (CRM) Market Report: 2015 Edition
- Global Seeds Market Report: 2015 Edition
More new research reports by the publisher can be found at Koncept Analytics page.