Press release
Luxury Fashion Market is expected to Grow at CAGR of 5% by 2022 - Louis Vuitton, Hermès, Gucci, Rolex, Cartier and Zara
Globally, the market for luxury fashion has been increasing due to changing consumption patterns and growing demand for new designs and brands. Growing brand awareness and discounts on big brands online considerably supported the luxury fashion market. Hence, global luxury fashion market is expected to grow at CAGR over 5% post the year 2022.
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Market Research Analysis:
• Increased access to internet, improved awareness for various brands has supported luxury brand sales through online distribution channel
• Consumer’s preference towards new designs, brands, comfort has encouraged the sales across various segments in the market
Key Players
• Louis Vuitton
• Hermès
• Gucci
• Chanel
• Rolex
• Cartier
• Prada
• Burberry
• Michael Kors
• Tiffany
• Zara
• Dolce & Gabbana
Key Findings
• Secondary data reveals that among the various market segments accessories specifically watches and jewelry witnessed highest growth followed by clothing in the last few years
• Clothing and accessories dominates the luxury fashion market both in market volume
• Rise in women working population across the world has boosted the luxury fashion product sales to a greater extent, traction for branded items, rise in disposable incomes continue to support growth of the luxury fashion market
Segmentation
By Type - Clothing, Footwear, Accessories and others
By Distribution Channel - Mon brand stores, department stores, specialty stores, multi brand boutiques, airport, e-commerce and others
By Region - North America, Europe, Asia-Pacific and RO
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Reasons to buy
• This report includes in-depth study of luxury fashion market and its segments and sub-segments
• It covers market segmentation by type, and distribution channel
• It helps in identifying major consumption patterns in different market segments
• The report will provide useful and premium insights that will support in investments for luxury fashion and allied companies providing details on the fast growing segments and regions
Taste the market data and market information presented through more than 60 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Luxury Fashion Market information from 2014 to 2022"
Table of Content
1 Executive Summary
2 Market Introductions
3 Research Methodology
4 Market Dynamics
5 Market Trends
5.1 Trends in Supply/Production
5.2 Trends in Demand/Consumption
6 Market Factor Analysis
7. Market-By Type
7.1 Introduction
7.2 Market Size (Sub Segments)
7.2.1 Clothing
7.2.2 Footwear
7.2.3 Accessories And
8. Market -By Distribution Channel
8.1 Monobrand Stores
8.2 Department Stores
8.3 Specialty Stores
8.4 Multi Brand Boutiques
8.5 E-Commerce
9. Market -By Region
9.2 North America
9.3 Europe
9.4 Asia– Pacific
9.5 Row
10. Competitive Landscape
11. Company Profiles
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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