Personal Luxury in Romania

October 2023 | 23 pages | ID: P3FF061C9F1BEN
Euromonitor International Ltd

Abstracts

Personal luxury retail value sales increased by 21% in 2023 to amount to RON4.6 billion. Growth was supported by leading brand owners, such as LVMH Moлt Hennessy Louis Vuitton SA, L’Orйal Romania SRL and Cie Financi?re Richemont SA. Growth in 2023 was fuelled by investments in designer apparel and footwear (ready-to-wear) and super premium beauty and personal care as an alternative asset class. Additionally, the idea that some of these goods can be used to generate income through rental platform...

Euromonitor International's Personal Luxury in Romania report offers a comprehensive guide to the size and shape of the Personal Luxury market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Personal Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2027 illustrate how the market is set to change

Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Leather Goods, Luxury Timepieces, Luxury Wearables Electronics, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Personal Luxury market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

PERSONAL LUXURY IN ROMANIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Personal luxury sees a rise in retail value sales in 2023
Designer apparel (ready-to-wear) dominates designer apparel and footwear (ready-to-wear)
Luxury eyewear enjoys increase in retail value sales
Luxury jewellery retail value sales see a rise in 2023
Rise in retail value sales of luxury leather goods in 2023
Retail value sales of luxury wearables electronics grow in 2023
Luxury timepieces enjoys retail value sales increase in 2023
Retail value sales of writing instruments and stationery on the up in 2023
Retail value sales of super premium beauty and personal care rise in 2023
LVMH Moлt Hennessy Louis Vuitton SA heads personal luxury in 2022
PROSPECTS AND OPPORTUNITIES
Retail value sales to increase in 2023 constant terms over the forecast period
Super premium beauty and personal care is expected to become the key category in retail value terms
Luxury wearables electronics is set to see the fastest retail value CAGR over the forecast period
CATEGORY DATA
Table 1 Sales of Personal Luxury by Category: Value 2018-2023
Table 2 Sales of Personal Luxury by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Personal Luxury: % Value 2018-2022
Table 4 LBN Brand Shares of Personal Luxury: % Value 2019-2022
Table 5 Distribution of Personal Luxury by Format: % Value 2018-2023
Table 6 Forecast Sales of Personal Luxury by Category: Value 2023-2028
Table 7 Forecast Sales of Personal Luxury by Category: % Value Growth 2023-2028
LUXURY GOODS IN ROMANIA
EXECUTIVE SUMMARY
Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2018-2023
Table 9 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 11 NBO Company Shares of Luxury Goods: % Value 2018-2023
Table 12 LBN Brand Shares of Luxury Goods: % Value 2019-2023
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 14 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources