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Luxury Goods in India

Published Sep 24, 2025
Length 47 Pages
SKU # EP20439497

Description

In 2025, luxury goods in India demonstrated dynamic retail current value growth, building on the momentum established in the preceding years. The primary drivers of demand remained increasing disposable incomes, an expanding aspirational middle-class, and a growing number of high-net-worth individuals (HNWIs). The influence of socioeconomic trends, notably the younger consumer base, comprising Millennials and Gen Z, significantly shaped the industry, with these demographics prioritising lifestyl...

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 2029 illustrate how the market is set to change

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

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.

Table of Contents

47 Pages
Luxury Goods in India
Euromonitor International
September 2025
List Of Contents And Tables
LUXURY GOODS IN INDIA
EXECUTIVE SUMMARY
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
MARKET DATA
Table 1 Sales of Luxury Goods by Category: Value 2020-2025
Table 2 Sales of Luxury Goods by Category: % Value Growth 2020-2025
Table 3 Inbound Receipts for Luxury Goods by Country of Origin: Value 2020-2025
Table 4 NBO Company Shares of Luxury Goods: % Value 2020-2024
Table 5 LBN Brand Shares of Luxury Goods: % Value 2021-2024
Table 6 Distribution of Luxury Goods by Format and Category: % Value 2025
Table 7 Forecast Sales of Luxury Goods by Category: Value 2025-2030
Table 8 Forecast Sales of Luxury Goods by Category: % Value Growth 2025-2030
DISCLAIMER
SOURCES
Summary 1 Research Sources
EXPERIENTIAL LUXURY IN INDIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Affluent consumers drive growth in luxury experiences and hospitality
Luxury hotels drive growth through bespoke wellness and culinary experiences
Consumers increasingly seek bespoke luxury experiences
PROSPECTS AND OPPORTUNITIES
Strong growth for inbound arrivals and new hotel openings set to drive experiential luxury’s development
Luxury hospitality evolves with wellness and cultural heritage focus
Luxury travel providers adopt eco-friendly practices and technologies
CATEGORY DATA
Table 9 Sales of Experiential Luxury by Category: Value 2020-2025
Table 10 Sales of Experiential Luxury by Category: % Value Growth 2020-2025
Table 11 NBO Company Shares of Experiential Luxury: % Value 2020-2024
Table 12 LBN Brand Shares of Experiential Luxury: % Value 2021-2024
Table 13 Forecast Sales of Experiential Luxury by Category: Value 2025-2030
Table 14 Forecast Sales of Experiential Luxury by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
FINE WINES/CHAMPAGNE AND SPIRITS IN INDIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Premium beverages drive growth through exclusivity and wellness trends
International, well-regarded luxury brands lead fine wines/champagne and spirits
Rising demand for unique experiences and boutique offerings
PROSPECTS AND OPPORTUNITIES
Premiumisation and health trends to drive future growth
Luxury brands to focus on heritage and cross-category collaborations
Growing sales via off-trade but on-trade will remain important for discovery
CATEGORY DATA
Table 15 Sales of Fine Wines/Champagne and Spirits by Category: Value 2020-2025
Table 16 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2020-2025
Table 17 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2020-2024
Table 18 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2021-2024
Table 19 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2020-2025
Table 20 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2025-2030
Table 21 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
PREMIUM AND LUXURY CARS IN INDIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Premium and luxury cars driven by sustainability and technology advancements
Global brands dominate sales with expanding portfolios
Luxury car brands drive growth through electric mobility and customisation
PROSPECTS AND OPPORTUNITIES
Growing affluence, coupled with technology and sustainability, to drive future demand for premium and luxury cars
Luxury car manufacturers to launch electric models with advanced features
Manufacturers expected to prioritise connectivity and sustainable technology
CATEGORY DATA
Table 22 Sales of Premium and Luxury Cars: Value 2020-2025
Table 23 Sales of Premium and Luxury Cars: % Value Growth 2020-2025
Table 24 NBO Company Shares of Premium and Luxury Cars: % Value 2020-2024
Table 25 LBN Brand Shares of Premium and Luxury Cars: % Value 2021-2024
Table 26 Forecast Sales of Premium and Luxury Cars: Value 2025-2030
Table 27 Forecast Sales of Premium and Luxury Cars: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
PERSONAL LUXURY IN INDIA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Designer apparel and footwear (ready-to-wear)
Luxury eyewear
Luxury jewellery
Luxury leather goods
Luxury wearables
Luxury timepieces
Luxury writing instruments and stationery
Super premium beauty and personal care
PROSPECTS AND OPPORTUNITIES
Sustainable goods to drive personal luxury’s growth and brand equity
Luxury brands to adopt personalised experiences while offering greater transparency
Growing demand for luxury goods to drive experiential retail expansion
CATEGORY DATA
Table 28 Sales of Personal Luxury by Category: Value 2020-2025
Table 29 Sales of Personal Luxury by Category: % Value Growth 2020-2025
Table 30 NBO Company Shares of Personal Luxury: % Value 2020-2024
Table 31 LBN Brand Shares of Personal Luxury: % Value 2021-2024
Table 32 Distribution of Personal Luxury by Format: % Value 2020-2025
Table 33 Forecast Sales of Personal Luxury by Category: Value 2025-2030
Table 34 Forecast Sales of Personal Luxury by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER

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