openPR Logo
Press release

Luxury Goods Market Recent Trends, In-depth Analysis, Market Size Research Report Forecast up to 2024 Leading By LOral International, LVMH Group, Kering SA, The Shiseido Company, Ltd., Prada S.p.A.

01-25-2019 12:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

Luxury Goods Market Recent Trends, In-depth Analysis, Market

The main objective of this report is to define, describe, and forecast the global “Luxury Goods” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to report the global luxury goods market is projected to grow at a CAGR of 2.9% over the forecast period of 2018-2024.

Get Sample Copy of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/1862

Growing disposable income is boosting the growth of this market

Growing disposable income of an individual is the main influencing factor for the luxury goods industry. It allows the consumer to spend more on luxury items. The demand for luxury goods is projected to increase, considering the further rise in disposable income. Additionally, the growth of financial services is helping the potential consumer to purchase these articles at easy payment options. This is helping to increase the affordability by several consumers.

Growing urbanization and continually improving the lifestyle of urban people

Growing urban population with a deep pocket is one of boosting factor for the growth of the luxury products market. Urban culture influences the individuals living style. As per data released by the United Nations, about 54% of the world's population was living in the urban areas in 2014, and it is expected that more population will shift in urban areas during the forecast period. Additionally, after shifting from rural to urban area they try to change their lifestyle through several luxurious items which were not available in the rural area.  Hence this factor is helping to grow this market globally. 

Europe to influence the Global luxury goods market through 2018-2024

Europe dominates the global market for luxury goods. It is expected that during the forecasted period Europe will maintain its dominance in this market. As Europe is considered one of the best market for costly fashion and luxury brands items, due to the fondness of European people towards luxury goods and precious items. In addition, the rising number of high-end departmental stores and increasing use of online stores within Europe will further benefit the market to gain traction. Additionally, Asia Pacific’s luxury goods market is growing at the highest CAGR, due to the growing number of neo-rich, increasing disposable income among middle-class consumers, the growth of financial services. Additionally, several luxury brands companies are approaching towards Asia-Pacific due to low manufacturing cost, and growing market of luxuries items are helping to boost the market. Further, advertisement companies are targeting these middle-class people for their luxurious products, which is inducing the demand for luxury goods in these regions.

Do Inquiry Before Purchasing the Report Here: https://www.infiniumglobalresearch.com/reports/enquiry/1862

Kingaru Sleep Expanded its portfolio with Launch of Pillows and a Duvet

October 2018, Kingaru Sleep, Asia’s largest online luxury mattress startup, launched its new pillows and Duvet. Kingaru Sleep furthers Kingaru’s luxury sleep experience with 100% cotton pillows in two sizes as well as a duvet. Both feature the same level of craftsmanship and quality that people have come to expect from Kingaru. With this introduction, Kingaru Sleep becomes one of the first online mattress companies to include organic fabrics as part of its brand offering.

About Us

Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Contact Us:

Infinium Global Research
Tel: +1-800-638-0796 (Us-Canada Toll Free)
Email: info@infiniumglobalresearch.com
Website: https://www.infiniumglobalresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Luxury Goods Market Recent Trends, In-depth Analysis, Market Size Research Report Forecast up to 2024 Leading By LOral International, LVMH Group, Kering SA, The Shiseido Company, Ltd., Prada S.p.A. here

News-ID: 1533783 • Views:

More Releases from Infinium Global Research

Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: Infinium Global Research
Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: …
Infinium Global Research, a prominent market research firm, has released an in-depth report providing a comprehensive analysis of the Global Aircraft Tyre Market. The report dives into segments and sub-segments, highlighting both global trends and regional insights that significantly impact this dynamic industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1058 Steady Market Growth The global aircraft tyre market, valued at USD 1634.41 million in 2022, is anticipated to surge to
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2030 at 6.50% CAGR | Infinium Global Research
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2 …
Infinium Global Research, a leading research firm, has published an extensive report providing a detailed analysis of the Global Automotive Interior Leather Market. The report offers comprehensive insights into segments and sub-segments, highlighting both global trends and regional dynamics shaping this thriving industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1266 Steady Market Growth The global automotive interior leather market, valued at USD 30.82 billion in 2022, is projected to skyrocket
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Billion By 2030 | Infinium Global Research
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Bi …
Infinium Global Research, a leading authority in market analysis, has released an extensive report offering a deep dive into the Global Automatic Car Wash Market. The report presents an in-depth analysis of segments and sub-segments, shedding light on both global trends and regional dynamics impacting this burgeoning industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1295 Robust Market Growth The automatic car wash market, valued at USD 4.04 billion
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at a Robust CAGR of 5.51% Between 2023 to 2030 | Infinium Global Research
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at …
Infinium Global Research, a leading market research firm, has released an expansive report offering an in-depth analysis of the Global Automotive Logistics Market. The report delves into crucial segments and sub-segments, shedding light on both global and regional dynamics impacting this intricate industry. The comprehensive study reveals the profound impact of drivers, restraints, and macro indicators on the automotive logistics market. Providing a comprehensive outlook, the report highlights evolving trends, forecasts,

All 5 Releases


More Releases for Europe

Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This
Global Strategy Consulting Market Research Report 2018-2025 | Global Key Player …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Strategy Consulting Market Size, Status and Forecast 2018-2025” which provides an outlook for current market value as well as the expected growth of Strategy Consulting during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export
Strategy Consulting Market Deep Insights with Core Business Strategies 2018 - Ro …
Strategy Consulting Market report provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consist of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). Global strategy consulting market size status and forecast 2025 has a vast collection of market research reports concerning the software industry, its sub-sectors, and
Wearable Heart Monitoring Devices Market 2018 To 2023 – Top Leaders Beurer Gmb …
The Worldwide Wearable Heart Monitoring Devices Market is growing at a healthy rate. The major players in this market are Medtronic (U.S.), Kinetec Products UK Ltd. (South America), Beurer GmbH (Europe), Medisana AG (Europe), Briggs Healthcare (U.S.), Polar Electro (Europe), SUUNTO (Europe), Koninklijke Philips N.V. (Europe), Garmin Ltd. (Europe) and others. The Wolrdwide Wearable Heart Monitoring devices is segmented on the basis of products, type, application, and end users. On
Surgical Equipment Market 2018 Leading Manufacturer in Europe, the Middle East & …
The Europe, the Middle East & Africa Surgical Equipment Market is expected to grow at an approximate CAGR of 6.7% during the forecast period. A surgical equipment is a designed tool or device to carry out various surgical procedures so as to modifying biological tissues and to provide access for viewing them. The surgical equipment can be designed specifically for a particular surgery or it can be used as general purpose