Luxury Foodservice in Italy

Luxury Foodservice in Italy

Luxury dining is set to be significantly impacted by the COVID-19 lockdown in 2020, with restrictions making it mandatory for foodservice outlets to close from March-May, with further restrictions implemented during Q4 of 2020, when case numbers began to climb. In addition to closures, months of travel restrictions have led to a severe decline in international travellers to Italy, with the revenue from tourists disappearing. In order to retain a stream of revenue, almost all operators invested i...

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 2025 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.


Luxury Foodservice in Italy
Euromonitor International
January 2021
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
2020 IMPACT
Mandatory closures and a lack of international travel severely impacts sales
Surplus inventory puts a halt on new orders from luxury foodservice
Maintaining the luxury experience during a time of low footfall impacts profits
RECOVERY AND OPPORTUNITIES
Recovery will align with Italy’s status as a safe location for international guests
Luxury dining players focus on local business to increase growth
Brands will focus on Italian culinary traditions to appeal to international travellers
CATEGORY DATA
Table 1 Sales in Luxury Foodservice: Value 2015-2020
Table 2 Sales in Luxury Foodservice: % Value Growth 2015-2020
Table 3 NBO Company Shares in Luxury Foodservice: % Value 2015-2019
Table 4 LBN Brand Shares in Luxury Foodservice: % Value 2016-2019
Table 5 Forecast Sales in Luxury Foodservice: Value 2020-2025
Table 6 Forecast Sales in Luxury Foodservice: % Value Growth 2020-2025
EXECUTIVE SUMMARY
COVID-19 impact on luxury goods
COVID-19 country impact
Company response
Retailing shift
What next for luxury goods?
MARKET INDICATORS
Table 7 Number of High Net Worth Individuals (HNWI): 2015-2020
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2015-2020
Table 9 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 11 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 12 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 14 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025
DISCLAIMER
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
SOURCES
Summary 1 Research Sources

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook