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Luxury Goods in Germany

Publisher MarketLine
Published May 31, 2024
Length 50 Pages
SKU # MTLN19100190

Description

Luxury Goods in Germany
Summary

Luxury Goods in Germany industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The luxury goods market deals with high-end and premium products, which are not considered as essential or necessary for daily living but are rather associated with indulgence and exclusivity. Our market value includes retail sales. Market value does not include non-product sales such as services.
  • The German luxury goods market recorded revenues of $15.9 billion in 2023, representing a compound annual growth rate (CAGR) of 0.7% between 2018 and 2023.
  • The apparel, footwear & accessories segment accounted for the market's largest proportion in 2023, with total revenues of $5.0 billion, equivalent to 31.4% of the market's overall value.
  • The German luxury goods market is driven by rising digital sales of luxury goods. Also, in June 2022, Amazon Fashion launched its “Luxury Stores” throughout Europe offering its clients in the UK, Germany, France, Italy, and Spain with the Amazon Fashion shopping experience.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the luxury goods market in Germany
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the luxury goods market in Germany
  • Leading company profiles reveal details of key luxury goods market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Germany luxury goods market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Germany luxury goods market by value in 2023?
  • What will be the size of the Germany luxury goods market in 2028?
  • What factors are affecting the strength of competition in the Germany luxury goods market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Germany's luxury goods market?

Table of Contents

50 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading player?
7.4. What have been the recent market developments?
8 Company Profiles
8.1. LVMH Moet Hennessy Louis Vuitton SA
8.2. Compagnie Financiere Richemont SA
8.3. Kering S.A.
8.4. HUGO BOSS AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Germany luxury goods market value: $ million, 2018-23
Table 2: Germany luxury goods market category segmentation: % share, by value, 2018-2023
Table 3: Germany luxury goods market category segmentation: $ million, 2018-2023
Table 4: Germany luxury goods market geography segmentation: $ million, 2023
Table 5: Germany luxury goods market value forecast: $ million, 2023-28
Table 6: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 7: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 8: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 9: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 10: Compagnie Financiere Richemont SA: key facts
Table 11: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 12: Compagnie Financiere Richemont SA: Key Employees
Table 13: Compagnie Financiere Richemont SA: Key Employees Continued
Table 14: Kering S.A.: key facts
Table 15: Kering S.A.: Annual Financial Ratios
Table 16: Kering S.A.: Key Employees
Table 17: HUGO BOSS AG: key facts
Table 18: HUGO BOSS AG: Annual Financial Ratios
Table 19: HUGO BOSS AG: Key Employees
Table 20: Germany size of population (million), 2019-23
Table 21: Germany gdp (constant 2005 prices, $ billion), 2019-23
Table 22: Germany gdp (current prices, $ billion), 2019-23
Table 23: Germany inflation, 2019-23
Table 24: Germany consumer price index (absolute), 2019-23
Table 25: Germany exchange rate, 2019-23
List of Figures
Figure 1: Germany luxury goods market value: $ million, 2018-23
Figure 2: Germany luxury goods market category segmentation: $ million, 2018-2023
Figure 3: Germany luxury goods market geography segmentation: % share, by value, 2023
Figure 4: Germany luxury goods market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the luxury goods market in Germany, 2023
Figure 6: Drivers of buyer power in the luxury goods market in Germany, 2023
Figure 7: Drivers of supplier power in the luxury goods market in Germany, 2023
Figure 8: Factors influencing the likelihood of new entrants in the luxury goods market in Germany, 2023
Figure 9: Factors influencing the threat of substitutes in the luxury goods market in Germany, 2023
Figure 10: Drivers of degree of rivalry in the luxury goods market in Germany, 2023

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