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Luxury Goods in Malaysia

Publisher Euromonitor International
Published Jul 11, 2022
Length 39 Pages
SKU # EP17310968

Description

Luxury Goods in Malaysia

Having plunged by more than a quarter during 2020 due to pandemic restrictions and the economic shock that they engendered, retail constant value sales (2022 prices) of luxury goods began to rebound in 2021, with this trend continuing into 2022. Experiential luxury was by far the top performer during the latter year, with the re-opening of the country’s borders during the second quarter of the year providing a significant boost to demand for luxury hotels. The easing of COVID-19 restrictions als...

Euromonitor International's Luxury Goods in Malaysia 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 2026 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

39 Pages
Luxury Goods in Malaysia
Euromonitor International
July 2022
List Of Contents And Tables
LUXURY GOODS IN MALAYSIA
EXECUTIVE SUMMARY
Luxury goods in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 1 Sales of Luxury Goods by Category: Value 2017-2022
Table 2 Sales of Luxury Goods by Category: % Value Growth 2017-2022
Table 3 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
Table 4 NBO Company Shares of Luxury Goods: % Value 2017-2021
Table 5 LBN Brand Shares of Luxury Goods: % Value 2018-2021
Table 6 Distribution of Luxury Goods by Format and Category: % Value 2022
Table 7 Forecast Sales of Luxury Goods by Category: Value 2022-2027
Table 8 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources
EXPERIENTIAL LUXURY IN MALAYSIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Relaxation of pandemic restrictions will drive strong recovery in inbound tourism
Luxury hotel re-orient their offer away from locals and towards international visitors
Dior brings fashion and luxury foodservice together in a pop-up café
PROSPECTS AND OPPORTUNITIES
Rebound in inbound tourism will continue to drive rapid recovery
Experiential luxury in Malaysia will continue to benefit from its proximity to regional hub Singapore
E-commerce will grow in importance
CATEGORY DATA
Table 9 Sales of Experiential Luxury by Category: Value 2017-2022
Table 10 Sales of Experiential Luxury by Category: % Value Growth 2017-2022
Table 11 NBO Company Shares of Experiential Luxury: % Value 2017-2021
Table 12 LBN Brand Shares of Experiential Luxury: % Value 2018-2021
Table 13 Forecast Sales of Experiential Luxury by Category: Value 2022-2027
Table 14 Forecast Sales of Experiential Luxury by Category: % Value Growth 2022-2027
FINE WINES/CHAMPAGNE AND SPIRITS IN MALAYSIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Relaxation of pandemic restrictions drives recovery
Pandemic restrictions force brands to get creative
Glenfiddich utilises augmented reality to launch special edition gift pack
PROSPECTS AND OPPORTUNITIES
Inbound tourism will drive a rapid recovery in demand
High-end restaurants will increase their focus on pairing fine cuisine with fine wines/champagne and spirits
E-commerce will continue to grow in importance
CATEGORY DATA
Table 15 Sales of Fine Wines/Champagne and Spirits by Category: Value 2017-2022
Table 16 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2017-2022
Table 17 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2017-2021
Table 18 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2018-2021
Table 19 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2017-2022
Table 20 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2022-2027
Table 21 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2022-2027
PREMIUM AND LUXURY CARS IN MALAYSIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Tax break spurs buoyant recovery
New electric vehicle car launches that emphasise sustainability
Manufacturers seek to build brand equity through improved customer service
PROSPECTS AND OPPORTUNITIES
Adoption of electric vehicles will be facilitated by expanding network of chargers
Proportion of vehicles that are assembled locally will increase
Manufacturers will see to expand their distribution networks
CATEGORY DATA
Table 22 Sales of Premium and Luxury Cars: Value 2017-2022
Table 23 Sales of Premium and Luxury Cars: % Value Growth 2017-2022
Table 24 NBO Company Shares of Premium and Luxury Cars: % Value 2017-2021
Table 25 LBN Brand Shares of Premium and Luxury Cars: % Value 2018-2021
Table 26 Forecast Sales of Premium and Luxury Cars: Value 2022-2027
Table 27 Forecast Sales of Premium and Luxury Cars: % Value Growth 2022-2027
PERSONAL LUXURY IN MALAYSIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Designer apparel and footwear (ready-to-wear)
Luxury eyewear
Luxury jewellery
Luxury leather goods
Luxury wearables
Luxury timepieces
Luxury writing instruments
Super premium beauty and personal care
PROSPECTS AND OPPORTUNITIES
Brands collaborations will proliferate
Luxury leather brands will pay more attention to sustainability
Entry-level aspirational brands will seek to lure aspirational consumers with competitive pricing
CATEGORY DATA
Table 28 Sales of Personal Luxury by Category: Value 2017-2022
Table 29 Sales of Personal Luxury by Category: % Value Growth 2017-2022
Table 30 NBO Company Shares of Personal Luxury: % Value 2017-2021
Table 31 LBN Brand Shares of Personal Luxury: % Value 2018-2021
Table 32 Distribution of Personal Luxury by Format: % Value 2017-2022
Table 33 Forecast Sales of Personal Luxury by Category: Value 2022-2027
Table 34 Forecast Sales of Personal Luxury by Category: % Value Growth 2022-2027

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