Luxury Foodservice in Italy

Luxury Foodservice in Italy

The rise of experiential luxury, which is also driving growth in luxury hotels, continued to positively impact luxury foodservice in 2019. This trend saw consumers’ focus shift from “owning” to “being”, and led them to invest more in unique and exclusive experiences, rather than only in personal luxury goods. However, current value growth in luxury foodservice was slower in 2019 compared with 2017 and 2018, as there were no new outlet openings. Moreover, growth was curbed by lower consumer confi...

Euromonitor International's Luxury Foodservice in Italy report offers a comprehensive guide to the size and shape of the Luxury Foodservice 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 Foodservice retailing along with the development of consumers’ shopping patterns. Forecasts to 2024 illustrate how the market is set to change

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 Foodservice 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.

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Luxury Foodservice in Italy
Euromonitor International
January 2020
Growth Slows Due To A Lack of Outlet Openings and Lower Consumer Confidence
More Investment Expected, Which Will Improve Brand Awareness
Brands Offer Italian Culinary Tradition With A Modern Interpretation
Competitive Landscape
Renovation of Emporio Armani Ristorante E Caffè Set To Give Armani A Boost
Great Italian Classics With A Modern Twist for Bvlgari
New Entrants See Success
Category Data
Table 1 Sales in Luxury Foodservice: Value 2014-2019
Table 2 Sales in Luxury Foodservice: % Value Growth 2014-2019
Table 3 NBO Company Shares in Luxury Foodservice: % Value 2014-2018
Table 4 LBN Brand Shares in Luxury Foodservice: % Value 2015-2018
Table 5 Forecast Sales in Luxury Foodservice: Value 2019-2024
Table 6 Forecast Sales in Luxury Foodservice: % Value Growth 2019-2024
Executive Summary
Growth Is Driven Mainly by Experiential Luxury
Growth Is Hampered by Weaker Domestic Demand But Boosted by Tourism
Automotive Brands and Fashion Designers Lead in Italy
Internet Retailing Continues To Grow As Consumers Seek Omnichannel Experiences
Luxury Goods Set To Record Moderate Growth Thanks To Domestic and Tourist Demand
Market Indicators
Table 7 Number of High Net Worth Individuals (HNWI): 2014-2019
Market Data
Table 8 Sales of Luxury Goods by Category: Value 2014-2019
Table 9 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 11 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 12 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 14 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
Summary 1 Research Sources

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