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Global Luxury goods Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025
Global Luxury goods Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025”. As per the report, the global luxury goods market is expected to grow at a CAGR of 4.1% from 2017 to 2023. The report provides a detailed analysis of changing market dynamics, key manufacturers, competitive landscape, and major segments for the historic period, 2014–2016 and the forecast period, 2017–2025. Moreover, the report provides insights on Porter’s Five Forces analysis, current developments, and outlook toward the future. The study is helpful for market players, stakeholders, VPs, new entrants, and investors to determine strategies for growth, opportunities for expansion, and steps needed to be taken to gain stronghold in the global market.The report offers key findings of the global luxury goods industry along with market attractiveness. Moreover, recent market trends are outlined in the report along with recent developments taken place in the industry. Competitive landscape is provided in brief to provide insights on current industry scenario and devise plans to experience growth in coming years. This executive summary is helpful for CEOs, investors, VPs, and stakeholders to save time, determine overview of the market, and tap on opportunities to gain strong position in the market. Definitions of significant terminologies are mentioned and scope of the report is provided along with research methodology adopted by analysts. Primary and secondary methodologies are adopted to collect and validate data and information.
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The report offers insights on changing market dynamics of the global luxury goods industry based on drivers and challenges.
Rise in spending capacity of consumers, an inclination to the high living standard of people, and increase in online marketing are factors that drive growth in the industry. However, less number of branded outlets in developing regions create challenges in the market. The impact of aforementioned factors is outlined in the report to assist market players to gain thorough understanding of changing market dynamics and take necessary steps to capitalize on opportunities. Determining competitive intensity and development of strategies for business growth are essential to sustain in the global market. The research helps market players by providing Porter’s Five Forces analysis. Parameters explored in the analysis are bargaining power of buyers, bargaining power of suppliers, threat of substitutes, industry rivalry, and threat of new entrants.
The report offers a detailed segmentation of the global luxury goods market based on product type, gender, distribution channel, and geography. Product types analyzed in the study are jewelery, designer wear and footwear, cosmetics, champagne/wine, and others. Based on distribution channel, the market is classified into online and retail. Gender segment is further classified into male and female. Geographically, the market is divided into North America, Asia-Pacific, Europe, and LAMEA. Countries from each region are also analyzed in the study. The U.S., Canada, and Mexico are countries discussed from the North American region, while, U.K., France, Spain, Italy, Germany, and Rest of Europe are regions explored from the European region. On the other hand, China, India, Australia, Japan, South Korea, and rest of Asia-Pacific are regions discussed in the Asia-Pacific region. Brazil, Saudi Arabia, South Africa, and rest of LAMEA are regions discussed in the LAMEA region.
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The report offers a detailed analysis of revenue generated by each segment in these regions for the historic period and the forecast period with the help of tabular and graphical representation. Moreover, market share analysis of each segment for aforementioned periods is provided using a tabular representation. These insights also assist market players to gain thorough understanding of segments and capitalize on those growth prospects to gain dominating market share of the industry.
The report provides an extensive analysis of key manufacturers operating the global luxury goods market. Financial and business segments of each manufacturer are discussed in detail along with market overview. Moreover, recent developments of each player are highlighted to track their progress. The key market players analyzed in the report include L’Oreal International, The Sheiseido Company Ltd., LVMH group, Ralph Lauren Corp., Prada S.p.A, The Estee Lauder, Swatch Group, Luxottica Group, and others. These insights help investors determine investment suitability and market players to tap on opportunities such as partnerships, collaborations, and agreements.
Table Of Contents:
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
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4. Global smart transportation market by solution
4.1. Traffic management system
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Parking management system
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in India with an aim to deliver up-to-date executive support to foster overall growth of an organization in its domain.
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