Personal Luxury in the US

Personal Luxury in the US

As millennials and other digitally-connected luxury consumers continue to prioritise spending their discretionary income on memorable, and often social media-shareable experiences over material goods, growth in experiential luxury outpaced that of personal luxury in 2019. However, personal luxury still performed well as this and other social and societal trends worked to the benefit of certain product subcategories, such as leather goods, jewellery, and super premium beauty and personal care. As...

Euromonitor International's Personal Luxury in USA report offers a comprehensive guide to the size and shape of the Personal Luxury 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 Personal Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2024 illustrate how the market is set to change

Product coverage: Luxury Goods.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Personal Luxury 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.


Personal Luxury in the US
Euromonitor International
February 2020
List OF CONTENTS AND TABLES
HEADLINES
PROSPECTS
Push to experiences benefits certain personal luxury subcategories
Values-driven consumers demand changes to business practices
New mass-market brands present increasingly stiff competition for luxury
COMPETITIVE LANDSCAPE
Multibrand luxury groups dominate personal luxury rankings
E-commerce continues to grow its share of personal luxury sales
Resale market evolves from niche to mainstream
CATEGORY DATA
Table 1 Sales of Personal Luxury by Category: Value 2014-2019
Table 2 Sales of Personal Luxury by Category: % Value Growth 2014-2019
Table 3 NBO Company Shares of Personal Luxury: % Value 2014-2018
Table 4 LBN Brand Shares of Personal Luxury: % Value 2015-2018
Table 5 Distribution of Personal Luxury by Format: % Value 2014-2019
Table 6 Forecast Sales of Personal Luxury by Category: Value 2019-2024
Table 7 Forecast Sales of Personal Luxury by Category: % Value Growth 2019-2024
EXECUTIVE SUMMARY
The push for experiences over goods lifts luxury across categories
Consumers’ values increasingly shape brands’ actions
Luxury conglomerates dominate company rankings
E-commerce continues to grow, but luxury stores remain competitive
Forecast outlooks vary across categories, but remain strong despite slowdowns
MARKET INDICATORS
Table 8 Number of High Net Worth Individuals (HNWI): 2014-2019
MARKET DATA
Table 9 Sales of Luxury Goods by Category: Value 2014-2019
Table 10 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 12 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 13 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 15 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
SOURCES
Summary 1 Research Sources

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