Market Research Logo

Luxury Goods Retailing in Europe, 2017-2022: Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape

Luxury Goods Retailing in Europe, 2017-2022: Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape

Summary

The Luxury Goods Retailing in Europe, 2017-2022, report published by GlobalData provides analysis of current and forecast market data for luxury goods retail sales in different product categories across Europe.

Uncertain global economy, terrorist attacks, currency fluctuations and dwindling international tourists led to a challenging environment for the luxury market over the past five years. Luxury sales registered a negative CAGR of 0.1% during the period 2012-2017 to reach US$104.7bn in 2017 from US$105.0bn in 2012. However, sales are forecast to grow at a CAGR of 3.5% during 2017-2022 to reach US$124.4 billion by 2022 against the backdrop of improving global economy, and an increasing number of international tourists, especially Chinese tourists. Additionally, new store openings, renovation of existing stores, online expansion and innovations in product offerings by major luxury retailers are the major growth drivers for the European luxury market.

What else does this report offer?

  • Current market sizes and forecasts to 2022 by country and 12 categories, including clothing, consumer electronics, drinks, footwear, homewares, jewelry, watches and accessories, luggage and leather goods, personal care, communication equipment, stationery, tobacco, and others
  • Market insights based on consumer trends and changing economic and demographic factors
  • Luxury goods retail sales and fastest-growing markets for Luxury goods channel
  • Category level retail sales and forecast growth rates
  • Competitive landscape covering market share of major Luxury goods operators and their Luxury goods sales and trading update analysis, recent key events.
Scope
  • Luxury goods retail sales in Europe to reach US$124.4 billion by 2022
  • France to emerge as the largest market for luxury by 2022 overtaking Italy
  • Clothing is the largest product category in luxury sales in Europe
  • Personal care category set to grow the fastest over forecast period 2017-2022.
Reasons to buy

Get immediate access to -
  • Reliable Luxury goods retail sales data in Europe for 2017 with forecasts for 2022 with information on largest and fastest-growing markets to inform market expansion and to manage risk
  • Explore an in-depth analysis of Luxury goods retail sales data for major markets to identify target categories and develop growth plans
  • Learn from Luxury goods retail trends and market drivers to customize your entry/expansion approach depending on the Luxury goods retail landscape
  • Choose partners, understand the competition, with data and analysis of major Luxury goods retailers, including market shares, trading performance, locations, travel retail strategy for each.


  • Executive Summary
    • Luxury Goods Retailing - Executive Summary
  • Overview & Regional Analysis
    • Retail sales of luxury goods by region
    • Growth of luxury goods retail sales by region
    • Retail sales of luxury goods - Europe
    • Retail sales of luxury goods by country and sector - Europe
    • Drivers & inhibitors
  • Country Analysis
    • Retail sales of luxury goods by countries
    • Growth in retail sales of luxury goods by countries
      • Table Italy is the largest market in 2017, while Poland is the fastest growing market through 2022
      • Table Ukraine is the only country wherein luxury sales are projected to decline through 2022
    • Country Summaries - Top 10 luxury markets
  • Sector Analysis
    • Luxury goods retail sales by sector
    • Luxury goods retail sales by sector - clothing
    • Luxury goods retail sales by sector - communications equipment
    • Luxury goods retail sales by sector - consumer electronics
    • Luxury goods retail sales by sector - drinks
    • Luxury goods retail sales by sector - footwear
    • Luxury goods retail sales by sector - home furniture and homewares
    • Luxury goods retail sales by sector - jewelry, watches and accessories
    • Luxury goods retail sales by sector - luggage and leather goods
    • Luxury goods retail sales by sector - personal care
    • Luxury goods retail sales by sector - stationery and cards
    • Luxury goods retail sales by sector - tobacco
    • Luxury goods retail sales by sector - others
    • Growth of luxury retail sales by sector
    • Growth of luxury retail sales by sector by country
    • Largest and fastest growing sectors by country
      • Table Jewelry, watches and accessories is the largest as well as the fastest growing sector in Czech republic
      • Table Clothing dominates the French, Dutch and Finnish luxury markets
      • Table Luggage and leather goods is the fastest growing sector in Greece, Hungary and Ireland
      • Table Clothing is the largest sector in the Netherlands, Norway, Poland and Portugal
      • Table Luxury drinks is the largest sector in the Russian luxury market
      • Table Geo-political issues to impact luxury sales in Ukraine
  • Case Study - LVMH
    • LVMH - global leader in luxury goods
    • LVMH - Strategy
    • LVMH - Creating new products
    • LVMH - Communication
    • LVMH - Sustainability
    • LVMH - global leader in luxury goods
      • Table Chronicle of LVMH brand expansion in wines and spirits
      • Table Chronicle of LVMH brand expansion in fashion and leather goods
      • Table Chronicle of LVMH brand expansion in perfumes and cosmetics
      • Table Chronicle of LVMH brand expansion in watches and jewelry
      • Table Chronicle of LVMH brand expansion in specialist retailing
  • Competitive landscape
    • Competitive landscape - Key retailers overview
      • Table An overview of the key retailers in the region
    • Competitive landscape - Top luxury retailers
  • Europe Luxury Goods Retailing - Major Operators
    • LVMH
      • Luxury goods retailing - LVMH
        • Table LVMH trading record (EUR m), 2013-17
        • Table LVMH trading record (US$ m), 2013-17
    • Richemont
      • Luxury goods retailing - Richemont
        • Table Richemont trading record (EUR m), 2013-17
        • Table Richemont trading record (US$ m), 2013-17
    • Kering
      • Luxury goods retailing - Kering
        • Table Kering trading record (EUR m), 2013-17
        • Table Kering trading record (US$ m), 2013-17
    • Ralph Lauren
    • Luxury goods retailing - Ralph Lauren
      • Table Ralph Lauren trading record (US$ m), 2013-17
    • Hermés
      • Luxury goods retailing - Hermés
        • Table Hermés trading record (EUR m), 2013-17
        • Table Hermés trading record (US$ m), 2013-17
    • Michael Kors
      • Luxury goods retailing - Michael Kors
        • Table Michael Kors trading record (US$ m), 2013-17
    • Prada
      • Luxury goods retailing - Prada
        • Table Prada trading record (EUR m), 2013-17
        • Table Prada trading record (US$ m), 2013-17
    • Burberry
      • Luxury goods retailing - Burberry
        • Table Burberry trading record (GBP m), 2013-17
        • Table Burberry trading record (US$ m), 2013-17
    • Tiffany
      • Luxury goods retailing - Tiffany
        • Table Tiffany European market share, 2012-2017
    • Tod's s.p.a
      • Luxury goods retailing - Tod's s.p.a
        • Table Tod's s.p.a trading record (EUR m), 2013-17
        • Table Tod's s.p.a trading record (US$ m), 2013-17
  • Key trends
  • Mergers & Acquisitions
    • Key mergers & acquisitions
  • Appendix
    • Exchange Rates
      • Table Exchange Rates
    • Country Coverage
    • Definitions
    • Methodology

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report