Luxury Leather Goods in Germany

April 2022 | 19 pages | ID: LAB278E9A20EN
Euromonitor International Ltd

Abstracts

When looking at the luxury goods industry in Germany, it comes as no surprise that luxury travel goods was amongst the worst affected categories. Due to travel restrictions and overall fear amongst consumers about travelling, sales in this category dropped considerably throughout the beginning of the pandemic in 2020. Thus, 2021 was the first year of recovery, and the category registered a strong rebound, as air travel opened up once again and a vaccination programme was implemented, allowing re...

Euromonitor International's Luxury Leather Goods in Germany report offers a comprehensive guide to the size and shape of the Luxury Leather Goods 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 Luxury Leather Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2026 illustrate how the market is set to change

Product coverage: Luxury Bags and Small Leather Goods, Luxury Travel Goods.

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

Why buy this report?

• Get a detailed picture of the Luxury Leather Goods 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

LUXURY LEATHER GOODS IN GERMANY
KEY DATA FINDINGS
2021 DEVELOPMENTS
Luxury travel goods rebounds strongly as air travel sees restrictions lifted
E-commerce registers a substantially higher growth rate in 2021
Brands increase prices to compensate for lower volume demand
PROSPECTS AND OPPORTUNITIES
Higher purchasing power to drive growth in sales to residents
Department stores set to continue to lose strength in luxury leather goods
Niche players to benefit from e-commerce expansion
CATEGORY DATA
Table 1 Sales of Luxury Leather Goods: Value 2016-2021
Table 2 Sales of Luxury Leather Goods: % Value Growth 2016-2021
Table 3 NBO Company Shares of Luxury Leather Goods: % Value 2016-2020
Table 4 LBN Brand Shares of Luxury Leather Goods: % Value 2017-2020
Table 5 Distribution of Luxury Leather Goods by Format: % Value 2016-2021
Table 6 Forecast Sales of Luxury Leather Goods: Value 2021-2026
Table 7 Forecast Sales of Luxury Leather Goods: % Value Growth 2021-2026
LUXURY GOODS IN GERMANY
EXECUTIVE SUMMARY
Strong recovery despite prolonged disruption caused by the pandemic
The pandemic necessitates the e-commerce route
Personal luxury brands keep losing ground to premium and luxury cars
Lockdowns in 2021 further improve the performance of e-commerce
Luxury goods expected to grow solidly across categories
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2016-2021
Table 9 Sales of Luxury Goods by Category: % Value Growth 2016-2021
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
Table 11 NBO Company Shares of Luxury Goods: % Value 2016-2020
Table 12 LBN Brand Shares of Luxury Goods: % Value 2017-2020
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2021
Table 14 Forecast Sales of Luxury Goods by Category: Value 2021-2026
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources