Press release
Online Luxury Retailing Market 2018 Trends, retailer strategies and key retailers such as Alibaba, JD.com, Mytheresa.com, Farfetch, Moda Operandi, Yoox Net-A-Porter, 24 Sevres Hermès, Burberry, Gucci
An Overview of Online Luxury Retailing: Premium Market Insights
Global online luxury sales reached US$23.3 billion in 2016, an increase of 8.9% over the previous year. Americas region dominated the sales, having accounted for 39.9% of overall online luxury sales in 2016. High internet penetration, presence of affluent customers and strategies adopted by luxury players to boost online sales are the major factors driving the sales of luxury products through the online channel. Europe, with sales of US$8.6 billion was the second largest region in terms of value in 2016, having registered a healthy growth of 9.7% over 2015. Adoption of the online channel for luxury sales is gaining traction in Asia Pacific while sales through the channel are still in a nascent phase in Middle East & Africa.
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Report Scope
-Current market sizes and forecasts to 2022 by region, by online channel and 12 categories, including Clothing, Consumer Electronics, Drinks, Footwear, Homewares, Jewelry, Watches and Accessories, Luggage and Leather Goods, Personal Care, Communication Equipment, Stationery, Tobacco, and Others .
-Market insights based on consumer trends and changing economic and demographic factors
-Luxury goods retail sales through online channel and fastest-growing markets for Luxury goods channel
-Category level online retail sales and forecast growth rates
-Competitive landscape covering market share of major Luxury goods operators and their Luxury goods sales online and trading update analysis, recent key events.
Reasons to buy
-Reliable online Luxury goods retail sales data globally for 2017 with forecasts for 2022 with information on largest and fastest-growing markets to inform market expansion and to manage risk
-Explore an in-depth analysis of online Luxury goods retail sales data for major markets to identify target categories and develop growth plans
-Learn from online Luxury goods retail trends and market drivers to customize your entry/expansion approach depending on the Luxury goods retail landscape
-Choose partners, understand the competition, with data and analysis of major online Luxury goods retailers globally, including market shares, trading performance, locations, travel retail strategy for each.
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About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.
Contact Info:
Name: Sameer Joshi
Organization: Premium Market Insights
Email: sales@premiummarketinsights.com
Phone: +1-646-491-9876
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