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Luxury Goods in India

Luxury Goods in India

Luxury goods continues to evolve in India. Consumers no longer rely heavily on brand names, instead appreciating the merits of different products. Design aspects are also becoming more important when selecting a product, with the popularity of luxury and niche brands continuing to grow. Gucci continues to post healthy growth due to the popularity of its designs and the growing desire to own an ultimate luxury brand, while Chanel and Hermes also remain popular.

Euromonitor International's Luxury Goods in India report offers a comprehensive guide to the size and shape of the Luxury Goods 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 Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2022 illustrate how the market is set to change

Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Fine Wines/Champagne and Spirits, Luxury Cars, Luxury Eyewear, Luxury Hotels (5-star plus), Luxury Jewellery, Luxury Leather Goods, Luxury Portable Consumer Electronics, Luxury Timepieces, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.

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 Goods 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 GOODS IN INDIA
Euromonitor International
February 2018
LIST OF CONTENTS AND TABLES
Executive Summary
Luxury Goods Continues To Register Good Growth in India
Growth Driven by Rise in Number of Consumers Interested in Luxury Brands
Luxury Car Manufacturers Dominate Luxury Goods Value Sales
Store-based Retailing Remains Dominant Channel for Luxury Goods
Demand for Luxury Goods Expected To Remain Strong
Market Indicator
Table 1 Number of High Net Worth Individuals (HNWI): 2012-2017
Market Data
Table 2 Sales of Luxury Goods by Category: Value 2012-2017
Table 3 Sales of Luxury Goods by Category: % Value Growth 2012-2017
Table 4 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2017
Table 5 NBO Company Shares of Luxury Goods: % Value 2012-2016
Table 6 LBN Brand Shares of Luxury Goods: % Value 2013-2016
Table 7 Distribution of Luxury Goods by Format and Category: % Value 2017
Table 8 Forecast Sales of Luxury Goods by Category: Value 2017-2022
Table 9 Forecast Sales of Luxury Goods by Category: % Value Growth 2017-2022
Sources
Summary 1 Research Sources
Headlines
Prospects
Rising Demand for Premium Image Associated With Designer Labels
Growing Presence of Designer Brands
Clear Differentiation Between Pure Luxury and Affordable Luxury Brands
Competitive Landscape
Brand Marketing India Continues To Lead Sales
Shift Towards Luxury Accessories
Focus on Offering Comprehensive Ranges Meeting All Consumer Needs
Category Data
Table 10 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2012-2017
Table 11 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2012-2017
Table 12 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2012-2016
Table 13 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2013-2016
Table 14 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2012-2017
Table 15 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2017-2022
Table 16 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2017-2022
Headlines
Prospects
Increasing Exposure To Fine Wines/champagne and Spirits Driving Growth
Price Polarisation Between Luxury and Regular Brands Limiting Growth
Demand To Remain Limited To Higher Income Consumers With Taste for Fashion
Competitive Landscape
Fine Wines/champagne and Spirits Remains Highly Fragmented
Preference for Cheaper Less Aged Products in India
Consumers Often Prefer To Purchase Luxury Products Abroad
Category Data
Table 17 Sales of Fine Wines/Champagne and Spirits by Category: Value 2012-2017
Table 18 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2012-2017
Table 19 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2012-2016
Table 20 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2013-2016
Table 21 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2012-2017
Table 22 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2017-2022
Table 23 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2017-2022
Headlines
Prospects
Consumers Consider More Diverse Factors When Choosing Luxury Cars
Luxury Cars Increasingly Seen As Status Symbols
Growth Driven by Rising Demand Among Young Consumers
Competitive Landscape
Mercedes Benz India Continues To Lead Sales
International Manufacturers Maintain High Pricing and Limited Retailing Strategy
Domestic Production Allows for Cheaper Prices
Category Data
Table 24 Sales of Luxury Cars: Value 2012-2017
Table 25 Sales of Luxury Cars: % Value Growth 2012-2017
Table 26 NBO Company Shares of Luxury Cars: % Value 2012-2016
Table 27 LBN Brand Shares of Luxury Cars: % Value 2013-2016
Table 28 Forecast Sales of Luxury Cars: Value 2017-2022
Table 29 Forecast Sales of Luxury Cars: % Value Growth 2017-2022
Headlines
Prospects
Luxury Eyewear Remains Popular Choice Among Women
Multi-brand Retailers Dominate Distribution
Growing Focus on Brand Name, Rather Than Retailer
Competitive Landscape
Increasing Availability and Visibility of Luxury Eyewear Brands
Clear Price Distinction Between Affordable and Pure Luxury Brands
New Luxury Eyewear Players Entering India
Category Data
Table 30 Sales of Luxury Eyewear by Category: Value 2012-2017
Table 31 Sales of Luxury Eyewear by Category: % Value Growth 2012-2017
Table 32 NBO Company Shares of Luxury Eyewear: % Value 2012-2016
Table 33 LBN Brand Shares of Luxury Eyewear: % Value 2013-2016
Table 34 Distribution of Luxury Eyewear by Format: % Value 2012-2017
Table 35 Forecast Sales of Luxury Eyewear by Category: Value 2017-2022
Table 36 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2017-2022
Headlines
Prospects
Luxury Hotels Close To Airports and Tourist Destinations Enjoy Strong Popularity
Luxury Hotels Benefit From Rich Local and International Travel Culture
Growing Interest Among Local Consumers
Competitive Landscape
Itc Remains Leading Player
Targeting of Wide Range of Consumers and Events
Focus on Quality Service Continues To Attract Consumers
Category Data
Table 37 Sales in Luxury Hotels (5-star plus): Value 2012-2017
Table 38 Sales in Luxury Hotels (5-star plus): % Value Growth 2012-2017
Table 39 Sales in Luxury Hotels (5-star plus) by Country of Origin: % Value 2013-2017
Table 40 NBO Company Shares of Luxury Hotels (5-star plus): % Value 2012-2016
Table 41 LBN Brand Shares of Luxury Hotels (5-star plus): % Value 2013-2016
Table 42 Forecast Sales in Luxury Hotels (5-star plus): Value 2017-2022
Table 43 Forecast Sales in Luxury Hotels (5-star plus): % Value Growth 2017-2022
Headlines
Prospects
Occasion Centric Purchases Pave Way for Everyday Jewellery
Men's Jewellery Coming To the Forefront
Higher Demand for More Expensive Items Among Men
Competitive Landscape
Jewellery Remains Highly Fragmented
Strong Competition From Domestic Players
Rising Online Jewellery Sales
Category Data
Table 44 Sales of Luxury Jewellery by Category: Value 2012-2017
Table 45 Sales of Luxury Jewellery by Category: % Value Growth 2012-2017
Table 46 NBO Company Shares of Luxury Jewellery: % Value 2012-2016
Table 47 LBN Brand Shares of Luxury Jewellery: % Value 2013-2016
Table 48 Distribution of Luxury Jewellery by Format: % Value 2012-2017
Table 49 Forecast Sales of Luxury Jewellery by Category: Value 2017-2022
Table 50 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2017-2022
Headlines
Prospects
Consumers Shifting Towards Fashion From Functionality
Women Continue To Dominate Sales
Overseas Purchases Hindering Local Sales
Competitive Landscape
Indian Brands Making Prominent Space for Themselves
International Players Finding A Sustainable Sales Base in the Country
Players Attracting More Consumers by Offering Affordable Luxury
Category Data
Table 51 Sales of Luxury Leather Goods: Value 2012-2017
Table 52 Sales of Luxury Leather Goods: % Value Growth 2012-2017
Table 53 NBO Company Shares of Luxury Leather Goods: % Value 2012-2016
Table 54 LBN Brand Shares of Luxury Leather Goods: % Value 2013-2016
Table 55 Distribution of Luxury Leather Goods by Format: % Value 2012-2017
Table 56 Forecast Sales of Luxury Leather Goods: Value 2017-2022
Table 57 Forecast Sales of Luxury Leather Goods: % Value Growth 2017-2022
Headlines
Prospects
Rising Demand for Luxury Mobile Phones Drives Growth
Ongoing Expansion and Embracing of Internet Retailing Also Fuelling Sales
Government Taxes Hindering Growth
Competitive Landscape
Sales Dominated by Mobile Phones
Vertu Corp Continues To Dominate Sales
Growing Interest in High Technology Offerings
Category Data
Table 58 Sales of Luxury Portable Consumer Electronics by Category: Value 2012-2017
Table 59 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2012-2017
Table 60 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2012-2016
Table 61 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2013-2016
Table 62 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2012-2017
Table 63 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2017-2022
Table 64 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2017-2022
Headlines
Prospects
Men's Watches Remains Key Revenue Generator
Local Manufacturers Opting for Multi-brand Retailing To Increase Sales
Government Taxes Limiting Growth
Competitive Landscape
Global Manufacturers Enter India Via Partnerships
Strong Internet Retailing Sales
Counterfeit and True Copy Products Inhibiting Sales Growth
Category Data
Table 65 Sales of Luxury Timepieces by Category: Value 2012-2017
Table 66 Sales of Luxury Timepieces by Category: % Value Growth 2012-2017
Table 67 NBO Company Shares of Luxury Timepieces: % Value 2012-2016
Table 68 LBN Brand Shares of Luxury Timepieces: % Value 2013-2016
Table 69 Distribution of Luxury Timepieces by Format: % Value 2012-2017
Table 70 Forecast Sales of Luxury Timepieces by Category: Value 2017-2022
Table 71 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2017-2022
Headlines
Prospects
Purchasing Luxury Instruments As Gifts
Store-based Retailers Continue To Dominate Sales
Clear Demarcation Between Affordable and Luxury Writing Instruments
Competitive Landscape
Many International Premium Brands Entering Country
Magazine and Influencer Marketing Boosting Brand Visibility
Category Data
Table 72 Sales of Luxury Writing Instruments and Stationery: Value 2012-2017
Table 73 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2012-2017
Table 74 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2012-2016
Table 75 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2013-2016
Table 76 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2012-2017
Table 77 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2017-2022
Table 78 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2017-2022
Headlines
Prospects
Duty-free Stores Impacting Branded Outlet Sales
Traditional Retailers Struggling To Compete With Low Prices
Highly Informed Consumers Fuelling Competition Between Retailers
Competitive Landscape
Large Presence of International Brands
Schwarzkopf Continues To Lead Brand Sales
Area Remains Fragmented Due To Strong Competition
Category Data
Table 79 Sales of Super Premium Beauty and Personal Care by Category: Value 2012-2017
Table 80 Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2012-2017
Table 81 NBO Company Shares of Super Premium Beauty and Personal Care: % Value 2012-2016
Table 82 LBN Brand Shares of Super Premium Beauty and Personal Care: % Value 2013-2016
Table 83 Distribution of Super Premium Beauty and Personal Care by Format: % Value 2012-2017
Table 84 Forecast Sales of Super Premium Beauty and Personal Care by Category: Value 2017-2022
Table 85 Forecast Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2017-2022

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