Report cover image

United States of America (USA) Luxury Goods Market to 2027

Publisher MarketLine
Published Dec 08, 2023
Length 44 Pages
SKU # MTLN18457591

Description

United States of America (USA) Luxury Goods Market to 2027


Summary
Luxury Goods in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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. The market value includes retail sales.
  • The US captured the largest share of the global luxury goods market in 2022, accounting for a share of 25.9% in 2022.
  • The US Luxury goods market had total revenues of $80.8 billion in 2022, representing a compound annual growth rate (CAGR) of 5.9% between 2017 and 2022
  • The jewellery & watches segment accounted for the market's largest proportion in 2022, with total revenues of $30.9 billion, equivalent to 38.2% of the market's overall value.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the luxury goods market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the luxury goods market in the United States
  • 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 United States luxury goods market with five year forecasts
Reasons to Buy
  • What was the size of the United States luxury goods market by value in 2022?
  • What will be the size of the United States luxury goods market in 2027?
  • What factors are affecting the strength of competition in the United States luxury goods market?
  • How has the market performed over the last five years?
  • How large is the United States’s luxury goods market in relation to its regional counterparts?

Table of Contents

44 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 are the strengths of the leading players?
7.3. Are there any threats to leading players?
7.4. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. LVMH Moet Hennessy Louis Vuitton SA
8.2. PVH Corp
8.3. Ralph Lauren Corp
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: United States luxury goods market value: $ billion, 2017–22
Table 2: United States luxury goods market category segmentation: % share, by value, 2017–2022
Table 3: United States luxury goods market category segmentation: $ billion, 2017-2022
Table 4: United States luxury goods market geography segmentation: $ billion, 2022
Table 5: United States luxury goods market value forecast: $ billion, 2022–27
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: PVH Corp: key facts
Table 11: PVH Corp: Annual Financial Ratios
Table 12: PVH Corp: Key Employees
Table 13: PVH Corp: Key Employees Continued
Table 14: Ralph Lauren Corp: key facts
Table 15: Ralph Lauren Corp: Annual Financial Ratios
Table 16: Ralph Lauren Corp: Key Employees
Table 17: Ralph Lauren Corp: Key Employees Continued
Table 18: United States size of population (million), 2018–22
Table 19: United States gdp (constant 2005 prices, $ billion), 2018–22
Table 20: United States gdp (current prices, $ billion), 2018–22
Table 21: United States inflation, 2018–22
Table 22: United States consumer price index (absolute), 2018–22
Table 23: United States exchange rate, 2018–22
List of Figures
Figure 1: United States luxury goods market value: $ billion, 2017–22
Figure 2: United States luxury goods market category segmentation: $ billion, 2017-2022
Figure 3: United States luxury goods market geography segmentation: % share, by value, 2022
Figure 4: United States luxury goods market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the luxury goods market in the United States, 2022
Figure 6: Drivers of buyer power in the luxury goods market in the United States, 2022
Figure 7: Drivers of supplier power in the luxury goods market in the United States, 2022
Figure 8: Factors influencing the likelihood of new entrants in the luxury goods market in the United States, 2022
Figure 9: Factors influencing the threat of substitutes in the luxury goods market in the United States, 2022
Figure 10: Drivers of degree of rivalry in the luxury goods market in the United States, 2022

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us