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Luxury Goods in the United Kingdom

Luxury Goods in the United Kingdom

The luxury goods market recorded healthy value growth in 2017, despite uncertainty around Brexit. This robust growth reflected a luxury goods market geared towards high-end luxury and high-value service. With the expansion of luxury department stores and luxury brands in recent years, consumer awareness of luxury goods also rose, leading to an increasing number of aspirational luxury goods buyers. Luxury cars and luxury portable consumer electronics continued to grow rapidly, while luxury leathe...

Euromonitor International's Luxury Goods in United Kingdom 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 THE UNITED KINGDOM
Euromonitor International
March 2018
LIST OF CONTENTS AND TABLES
Executive Summary
Steady Growth of Luxury Goods in the UK
Changing Demand From Consumers of Luxury Goods
Luxury Car and Hotel Players Dominate Luxury Goods
Non-grocery Specialists Remains the Leading Channel While Online Retailing Makes Headway
Luxury Goods Set To See Solid Forecast Period Growth, Despite Uncertainty Around Brexit
Market Indicators
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
Women's Designer Apparel Offers A Wider Selection
Designer Ready-to-wear Concept Boosts Excitement
Department Stores Are Favoured for Luxury Designer Apparel and Footwear
Competitive Landscape
Hugo Boss and Louis Vuitton Retain Their Strong Positions
Traditional Luxury Brands Adopt A
younger
Approach
Luxury Brands Build and Develop Digital Communication Strategies
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
Trend Towards Lower Volumes But Better Quality
Luxury Champagne Favoured for Celebrations
Bricks and Mortar Outlets Continue To Be Favoured, Though Online Is Growing
Competitive Landscape
Competitive Landscape Remains Highly Fragmented
As Premium Brands Become More Appealing, Luxury Consumers Could Trade Down
Artisanal Offers, Heritage and Provenance Are Increasingly Trendy
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
Suvs Continue To Witness Strong Popularity
Super-luxury Remain Niche
Eco-friendly Cars Set To Enjoy Further Growth
Competitive Landscape
the Competitive Landscape Remains Concentrated
Core Values of Luxury Cars Continue To Be A Draw for Consumers
Brand Repositioning Boosts Jaguar's Sales Growth
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
Eye Health Considered A Priority in This Digital Age
Eyewear Becomes A Reflection of Personal Style
Wide Range of Retailing and Quality Options
Competitive Landscape
Luxottica Retains Its Lead
Kering Takes Back Control of Its Brands From Safilo Group
Specsavers Dominates the Retailing Landscape Due To the Vast Number of Its Stores
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 Forecast To Grow
Expectations of Luxury Are Changing
Growth in Online Bookings for Luxury Hotels
Competitive Landscape
Uncertainty Offsets the Benefits of A Weak Pound
Marriott International Maintains Its Lead With Ambitious Extended-stay Properties
Players Respond To Greater Demand for Individuality
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
Slight Slowdown Expected for Luxury Jewellery
Steady Rising Demand for Luxury Costume Jewellery
Ongoing Influence of Haute Couture on Luxury Jewellery
Competitive Landscape
Tiffany Leads the Category
Graff Extends Its Retailing Space
Ethical Issues and Social Responsibility Grow in Importance
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
Stagnation for Luxury Leather Goods Expected Over the Forecast Period
Sales To Chinese Tourists Decline As Such Consumers Become More Discerning
Personalisation and Ethical Issues Are Set To Become More Important
Competitive Landscape
Louis Vuitton Retains Its Outright Category Lead
Affordable Luxury Continues To Make Inroads Into the Luxury Category
Luxury Travel Goods Epitomises Luxury Leather Goods
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
Luxury Wearables Will Ensure Steady Growth for the Overall Category
Luxury Wearables Continues To Evolve
the Ageing Population Boosts Sales of Wearables
Competitive Landscape
Vertu and Tag Heuer
Tag Heuer and Hermès Benefit From First-mover Advantage
Personal and High-end Service Provide Experiential Luxury
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
Affordable Luxury Gathers Momentum, Particularly in Luxury Women's Timepieces
Men Continue To Invest in Luxury Timepieces
Ongoing Threat From Smartwatches, Especially Among Young To Middle-aged Men
Competitive Landscape
International Brands Remain the Most Coveted
Customisation Remains in Vogue
Smartwatches Set To Benefit From Further Development
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
Increasing Reliance on Digital Devices Limit Sales
Heritage and High Profile Brands Will Drive Aspirational Purchases
Traditional Retailing Channels Remain Important
Competitive Landscape
Montblanc Retains An Unassailable Lead
Wide Range of Marketing Activities Used To Promote This Category
Luxury Writing Instruments Convey Personal Style
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
Pharma-aligned Brands Continue To Threaten Their Super Premium Counterparts
Loss in Consumer Confidence Set To Have A Greater Impact on Lower-end Super Premium
Natural Products Become A Priority
Competitive Landscape
Consumers Seeking Uniqueness Turn Away From Heritage Brands
Digital Strategies Boost Sales of Niche Brands
Non-grocery Specialists
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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