Global Luxury Goods Market Report: 2008 Edition
The Luxury goods industry is a very wide industry comprising of products from watches, jewellery, perfumes, expensive wines to yachts, expensive pens, and clothes. There is no particular definition of products to be termed as luxury. How the utility of a product is perceived, how much is spent on that product, are some of the parameters to define a luxury product.
The two most prominent characteristics of a luxury product is one they are meant to show off one’s wealth and secondly they are also a medium of self expression. The objective behind purchasing such luxury products may also be different, like self-indulgence or as a status symbol. The industry is said to be highly cyclical and the driving force behind the growth of this industry is the increasing wealth worldwide, while the economic growth and conditions of various regions as well as traveling activities also affect this industry.
This report has focused on four main luxury product categories: Jewellery & Watches, Perfumes & Cosmetics, Wine & Spirits and Luxury Apparels. The report provides an overview of the global luxury market, its size and the various driving factors as well as the latest trends. The four luxury segments are also discussed at length. The major global luxury market players have been profiled.
The two most prominent characteristics of a luxury product is one they are meant to show off one’s wealth and secondly they are also a medium of self expression. The objective behind purchasing such luxury products may also be different, like self-indulgence or as a status symbol. The industry is said to be highly cyclical and the driving force behind the growth of this industry is the increasing wealth worldwide, while the economic growth and conditions of various regions as well as traveling activities also affect this industry.
This report has focused on four main luxury product categories: Jewellery & Watches, Perfumes & Cosmetics, Wine & Spirits and Luxury Apparels. The report provides an overview of the global luxury market, its size and the various driving factors as well as the latest trends. The four luxury segments are also discussed at length. The major global luxury market players have been profiled.
1. LUXURY MARKET OVERVIEW
Functional Segment
Reward Segment
Indulgence Segment
2. MARKET SIZE
2.1 Global Luxury Market
Market Value
Regional Breakdown
2.2 US Luxury Market
Luxury Spending
2.3 Chinese Luxury Market
3. LUXURY MARKET SEGMENTS
3.1 Jewellery and Watch Market
3.1.1 Jewellery Market
Diamond Market
Gold Market
3.1.2 Watch Market
3.2 Perfumes & Cosmetics Market
3.3 Wine & Spirits
3.4 Luxury Apparel Market
4. MARKET MOVEMENTS
4.1 Growth Drivers
4.1.1 Spending While Traveling
4.1.2 Growing Wealth Worldwide
4.1.3 Younger Population Driving Luxury Market Growth
4.2 Market Trends
4.2.1 Changing Shopping Patterns Due to Weak Economy
4.2.2 Celebrities, Fashion and Media – Setting the Trend
4.2.3 Convenience & Saving of Time
5. COMPETITIVE LANDSCAPE
6. COMPANY PROFILES
6.1 LVMH Moet Hennessy Louis Vuitton SA
Overview
Business Strategies
Up market positioning for TAG Heuer
Growth through strengthening and development of brands
6.2 Richemont
Overview
Business Strategies
Providing businesses the freedom to grow
Increasing the reputation and visibility of Jewellery brands
6.3 Bulgari
Overview
Business Strategies
Complete control of the production/supply chain
Ideal positioning of the brands
6.4 Hermes
Overview
Business Strategies
Expanding distribution network
Product Innovation
LIST OF TABLES
Luxury Investments by High Net worth Individuals (2006)
World's Top 20 Luxury Goods Retailers (2006)
Quarterly tracking of Luxury Spending (2004-07)
World Gold Consumption by Region (2007)
Volume Growth in US Wines and Spirits (1997-2007)
Global Ranking of Top Beverages Companies (2007)
Men & Women Who Changed Their Shopping Patterns (2008)
Major Players - Sales Breakdown by Geographical Region (2007)
Major Players - Sales Breakdown by Distribution Channel (2007)
Major Players - Sales Breakdown by Product Category (2007)
Major Watch Brands by Price Segments
LVMH - Revenue Distribution by Geography (2007)
Richemont - Revenue Distribution by Geography (2007)
Bulgari - Revenue Distribution by Geography (2007)
Hermes - LVMH - Revenue Distribution by Geography (2007)
Luxury Investments by High Net worth Individuals (2006)
World's Top 20 Luxury Goods Retailers (2006)
Quarterly tracking of Luxury Spending (2004-07)
World Gold Consumption by Region (2007)
Volume Growth in US Wines and Spirits (1997-2007)
Global Ranking of Top Beverages Companies (2007)
Men & Women Who Changed Their Shopping Patterns (2008)
Major Players - Sales Breakdown by Geographical Region (2007)
Major Players - Sales Breakdown by Distribution Channel (2007)
Major Players - Sales Breakdown by Product Category (2007)
Major Watch Brands by Price Segments
LVMH - Revenue Distribution by Geography (2007)
Richemont - Revenue Distribution by Geography (2007)
Bulgari - Revenue Distribution by Geography (2007)
Hermes - LVMH - Revenue Distribution by Geography (2007)
LIST OF CHARTS
Luxury Sales Growth (%) Vs Global GDP Growth (%) (1990-2006)
Global Luxury Goods Market – Retail Value (2000-07)
Global Luxury Goods Market by Region (2006)
Global Diamond Market Breakdown by Region (2006)
Global Gold Price Trends (2005-09E)
Growth in Exports of Swiss Watches (2002-07)
Major countries Exporting Watch & other Horological Products
Region-wise Distribution of Swiss Watches (2007)
Export of Watches by China & Hong Kong (2004-07)
Market Share of Swiss Watches (2007)
Region-wise Distribution of Global Fragrances Market (2007)
Market Share of Top Global Premium Fragrance Players (2006)
Growth in No. of Millionaires & Their Wealth (2001-07)
Number of Millionaires Region-wise (2007)
Countries with Most No. of Millionaires (2007)
Countries Providing Fastest Growth in No. of Millionaires (2007)
Organic Sales Growth of Luxury Goods Players in EU (2004-07)
Geographic Distribution of Turnover of Three Major Luxury Companies (2007)
Luxury Sales Growth (%) Vs Global GDP Growth (%) (1990-2006)
Global Luxury Goods Market – Retail Value (2000-07)
Global Luxury Goods Market by Region (2006)
Global Diamond Market Breakdown by Region (2006)
Global Gold Price Trends (2005-09E)
Growth in Exports of Swiss Watches (2002-07)
Major countries Exporting Watch & other Horological Products
Region-wise Distribution of Swiss Watches (2007)
Export of Watches by China & Hong Kong (2004-07)
Market Share of Swiss Watches (2007)
Region-wise Distribution of Global Fragrances Market (2007)
Market Share of Top Global Premium Fragrance Players (2006)
Growth in No. of Millionaires & Their Wealth (2001-07)
Number of Millionaires Region-wise (2007)
Countries with Most No. of Millionaires (2007)
Countries Providing Fastest Growth in No. of Millionaires (2007)
Organic Sales Growth of Luxury Goods Players in EU (2004-07)
Geographic Distribution of Turnover of Three Major Luxury Companies (2007)
