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Luxury Goods in India

Luxury Goods in India

The current value growth in overall luxury goods witnessed a slowdown in 2018 from the previous year. The government’s stringent regulation in the form of high customs duty on luxury goods and the increased local taxes and cess on luxury goods adversely impacted the category towards the end of the review period. Furthermore, the compulsory disclosure of the PAN (Permanent Account Number) card by the government for cash transactions above INR50,000 and credit/debit card transactions over INR200,0...

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 2023 illustrate how the market is set to change

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Luxury Cars, Personal Luxury.

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 2019
LIST OF CONTENTS AND TABLES
Executive Summary
Growth Slows As Luxury Goods Faces Multiple Challenges
Affordable Luxury Products Are Key To Tap Into the Younger Consumer Group
Fragmentation Is Prevalent in the Competitive Landscape
Store-based Retailing Maintains Its Dominance
Luxury Goods Is Expected To Continue Its Positive Performance
Market Indicators
Table 1 Number of High Net Worth Individuals (HNWI): 2013-2018
Market Data
Table 2 Sales of Luxury Goods by Category: Value 2013-2018
Table 3 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 4 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 5 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 6 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 7 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 8 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 9 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023
Sources
Summary 1 Research Sources
Headlines
Prospects
the Rise in Travel Propels Growth in Luxury Hotels
the Trend of Booking Hotels Online Is Rising
the Location of Luxury Hotels Remains Important
Competitive Landscape
Indian Hotels Co Leads Luxury Hotels
the Opening of New Luxury Hotels Continues To Shape the Competitive Landscape
Location, Location, Location
Category Data
Table 10 Sales in Luxury Hotels: Value 2013-2018
Table 11 Sales in Luxury Hotels: % Value Growth 2013-2018
Table 12 Sales in Luxury Hotels by Country of Origin: % Value 2013-2017
Table 13 NBO Company Shares in Luxury Hotels: % Value 2013-2017
Table 14 LBN Brand Shares in Luxury Hotels: % Value 2014-2017
Table 15 Forecast Sales in Luxury Hotels: Value 2018-2023
Table 16 Forecast Sales in Luxury Hotels: % Value Growth 2018-2023
Headlines
Prospects
Fine Wines and Champagne Continue To Penetrate the Market, But Remain Niche
Vineyards Help Consumers To Learn More About Wines
High Import Duties and Offshore Purchases Adversely Impact Sales
Competitive Landscape
Chivas Regal 18 Yo From Pernod Ricard India Is the Leading Brand
Diageo India Remains the Leading Company
Category Data
Table 17 Sales of Fine Wines/Champagne and Spirits by Category: Value 2013-2018
Table 18 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2013-2018
Table 19 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2013-2017
Table 20 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2014-2017
Table 21 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2013-2018
Table 22 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023
Table 23 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023
Headlines
Prospects
More Affordable Luxury Cars To Target Young Aspirational Consumers
Revision of Gst Rates Adversely Impacts Growth
Tier-2 and Tier-3 Are the Next Growth Markets
Competitive Landscape
Mercedes Benz India Maintains Its Lead
Manufacturers Use Personalisation To Cater To Diverse Needs
Affordable Luxury Launches
Category Data
Table 24 Sales of Luxury Cars: Value 2013-2018
Table 25 Sales of Luxury Cars: % Value Growth 2013-2018
Table 26 NBO Company Shares of Luxury Cars: % Value 2013-2017
Table 27 LBN Brand Shares of Luxury Cars: % Value 2014-2017
Table 28 Forecast Sales of Luxury Cars: Value 2018-2023
Table 29 Forecast Sales of Luxury Cars: % Value Growth 2018-2023
Headlines
Prospects
Personal Luxury Moves Away From Exclusivity
the Increasing Focus on Personal Branding Benefits Designer Apparel and Footwear
Rises in Customs Duties Reflect in Higher Final Prices
Competitive Landscape
Louis Vuitton Leads Personal Luxury
Fragmentation Is Prevalent in the Competitive Landscape
Brands Will Look To Expand Their Retail Presence
Category Data
Table 30 Sales of Personal Luxury by Category: Value 2013-2018
Table 31 Sales of Personal Luxury by Category: % Value Growth 2013-2018
Table 32 NBO Company Shares of Personal Luxury: % Value 2013-2017
Table 33 LBN Brand Shares of Personal Luxury: % Value 2014-2017
Table 34 Forecast Sales of Personal Luxury by Category: Value 2018-2023
Table 35 Forecast Sales of Personal Luxury by Category: % Value Growth 2018-2023
Headlines
Prospects
Stores Are Essential To the Shopping Experience in Designer Apparel and Footwear
Large Untapped Population of Aspirational and First-time Customers
Rises in Customs Duties Impact Final Prices
Competitive Landscape
Brand Marketing India Maintains Its Lead With Calvin Klein
Luxury Brands Leverage Digital Communication To Establish Strong Positions
Taking Advantage of the selfie Trend
Category Data
Table 36 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2013-2018
Table 37 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2013-2018
Table 38 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2013-2017
Table 39 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2014-2017
Table 40 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2013-2018
Table 41 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2018-2023
Table 42 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2018-2023
Headlines
Prospects
Consumers View Sunglasses As A Fashion Accessory Rather Than A Necessity
Women's Luxury Sunglasses Benefits From Women's Financial Independence
Store-based Retailers Continue To Be Preferred
Competitive Landscape
Luxottica India Eyewear Remains the Leader in Luxury Eyewear
the Luxottica-essilor Merger
Licensing Continues To Be An Important Strategy for Luxury Eyewear
Category Data
Table 43 Sales of Luxury Eyewear by Category: Value 2013-2018
Table 44 Sales of Luxury Eyewear by Category: % Value Growth 2013-2018
Table 45 NBO Company Shares of Luxury Eyewear: % Value 2013-2017
Table 46 LBN Brand Shares of Luxury Eyewear: % Value 2014-2017
Table 47 Distribution of Luxury Eyewear by Format: % Value 2013-2018
Table 48 Forecast Sales of Luxury Eyewear by Category: Value 2018-2023
Table 49 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2018-2023
Headlines
Prospects
Women Continue To Purchase Luxury Jewellery for Everyday Wear
Men Are the New Consumers of Luxury Jewellery
Rising Customs Duties To Impact the Final Prices of Imported Jewellery
Competitive Landscape
Swarovski India Continues To Lead Luxury Jewellery
Fragmentation in Luxury Jewellery
Entry Barriers Ward Off Many International Companies
Category Data
Table 50 Sales of Luxury Jewellery by Category: Value 2013-2018
Table 51 Sales of Luxury Jewellery by Category: % Value Growth 2013-2018
Table 52 NBO Company Shares of Luxury Jewellery: % Value 2013-2017
Table 53 LBN Brand Shares of Luxury Jewellery: % Value 2014-2017
Table 54 Distribution of Luxury Jewellery by Format: % Value 2013-2018
Table 55 Forecast Sales of Luxury Jewellery by Category: Value 2018-2023
Table 56 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2018-2023
Headlines
Prospects
Luxury Travel Goods Leads Growth on the Back of the Rise in International Trips
Affordable Luxury Brands Are Gaining Popularity Amongst Younger Consumers
the Personalisation of Luxury Leather Goods, Although Niche, Is Promising
Competitive Landscape
International Brands Continue To Dominate Luxury Leather Goods
Expansion of the Product Range To Men
Companies Introduce Affordable Luxury Lines To Expand the Consumer Base
Category Data
Table 57 Sales of Luxury Leather Goods: Value 2013-2018
Table 58 Sales of Luxury Leather Goods: % Value Growth 2013-2018
Table 59 NBO Company Shares of Luxury Leather Goods: % Value 2013-2017
Table 60 LBN Brand Shares of Luxury Leather Goods: % Value 2014-2017
Table 61 Distribution of Luxury Leather Goods by Format: % Value 2013-2018
Table 62 Forecast Sales of Luxury Leather Goods: Value 2018-2023
Table 63 Forecast Sales of Luxury Leather Goods: % Value Growth 2018-2023
Headlines
Prospects
Luxury Mobile Phones Loses Its Charm
the Imposition of Higher Taxes on Imports Will Hamper Growth
Manufacturers Are Adopting Omnichannel Strategies
Competitive Landscape
Luxury Wearables Is Experiencing Competition
the Landscape for Luxury Portable Consumer Electronics Is Highly Consolidated
New Product Launches
Category Data
Table 64 Sales of Luxury Portable Consumer Electronics by Category: Value 2013-2018
Table 65 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2013-2018
Table 66 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2013-2017
Table 67 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2014-2017
Table 68 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2013-2018
Table 69 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2018-2023
Table 70 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2018-2023
Headlines
Prospects
Luxury Timepieces Sees Strong Competition From Luxury Wearables
Limited-edition Timepieces Attract Consumers Due To Their Exclusivity
Major Designers Benefit From Promotions Targeting Younger Consumers
Competitive Landscape
Swatch Group India Leads Luxury Timepieces
the Doubling of Import Duty Could Adversely Impact Foreign Players' Expansion Plans
Counterfeit and True Copy Products Continue To Negatively Impact Sales
Category Data
Table 71 Sales of Luxury Timepieces by Category: Value 2013-2018
Table 72 Sales of Luxury Timepieces by Category: % Value Growth 2013-2018
Table 73 NBO Company Shares of Luxury Timepieces: % Value 2013-2017
Table 74 LBN Brand Shares of Luxury Timepieces: % Value 2014-2017
Table 75 Distribution of Luxury Timepieces by Format: % Value 2013-2018
Table 76 Forecast Sales of Luxury Timepieces by Category: Value 2018-2023
Table 77 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2018-2023
Headlines
Prospects
Fewer Indian Consumers Are Purchasing Luxury Writing Instruments Abroad
the Grey and Black Channels Will Adversely Impact the Category
Digital Devices Are Adversely Impacting Luxury Stationery
Competitive Landscape
Mont Blanc India Dominates
Montblanc Fountain Pens Remain the Most Popular
In-store Marketing Activities To Promote Luxury Writing Instruments
Category Data
Table 78 Sales of Luxury Writing Instruments and Stationery: Value 2013-2018
Table 79 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2013-2018
Table 80 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2013-2017
Table 81 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2014-2017
Table 82 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2013-2018
Table 83 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2018-2023
Table 84 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2018-2023
Headlines
Prospects
Super Premium Beauty and Personal Care Products Appeal To Younger Consumers
Super Premium Fragrances Will Continue To Lead
Internet Retailing Gains Momentum But Remains Small
Competitive Landscape
Jyothy Laboratories Retains the Top Spot With Schwarzkopf Professional
Schwarzkopf Professional Salonlab Is Expected To Come To India
Super Premium Colour Cosmetics and Skin Care Remain Fragmented
Category Data
Table 85 Sales of Super Premium Beauty and Personal Care by Category: Value 2013-2018
Table 86 Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2013-2018
Table 87 NBO Company Shares of Super Premium Beauty and Personal Care: % Value 2013-2017
Table 88 LBN Brand Shares of Super Premium Beauty and Personal Care: % Value 2014-2017
Table 89 Distribution of Super Premium Beauty and Personal Care by Format: % Value 2013-2018
Table 90 Forecast Sales of Super Premium Beauty and Personal Care by Category: Value 2018-2023
Table 91 Forecast Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2018-2023

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