About personal luxury goods
Personal luxury goods include luxury items used for personal use. Luxury could be defined by different individuals differently based on perceptions about products which could give them comfort and pleasure. On a larger scale, luxury is sometimes defined as products that have quality and have a high value attached to them. Luxury goods are products and services that are associated with affluence. The demand for luxury goods tends to increase more than proportionately as the income of an individual increases. However, with booming availability and accessibility of products at a lower price point and mass distribution, the concept of luxury goods has been refined. As economy grows, the personal luxury goods, which cover half of the luxury goods, are seeing a growing demand.
Technavio’s analysts forecast the personal luxury goods market in the US to grow at a CAGR of 5.00% during 2014-2019.
Covered in this report
The report covers the present scenario and the growth prospects of personal luxury goods market in the US for 2015-2019. To calculate the market size, the report considers revenue generated from sales of personal luxury goods in the market.
The market is divided into the following segments based on product:
• Apparel
• Accessories
• Hard luxury
• Fragrances and cosmetics
• Others
Technavio's report, Personal Luxury Goods Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Christian Dior
• Estee Lauder Companies
• Loreal
• Luxottica
• LVMH
• Ralph Lauren
Other prominent vendors
• Breitling
• Burberry
• Chanel
• Coach
• Giorgio Armani
• Kate Spade
• Kering
• Nina Ricci
• Prada
• Richmont
• Swatch Group
• Tiffany
• Valentine Fashion Group
Market driver
• Rising spending by tourists
• For a full, detailed list, view our report
Market challenge
• Reducing exclusivity
• For a full, detailed list, view our report
Market trend
• Mass customization
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
City focus
Market size and forecast
Five forces analysis
PART 06: Market positioning
PART 07: Market segmentation by products
Market overview
Luxury apparels market in US
Luxury accessories market in the US
Personal hard luxury market in the US
Fragrances and cosmetics
Others
PART 08: Market segmentation by distribution channel
Market overview
Retail channel
Online distribution
Airport shops
PART 09: Market drivers
Rising tourist spending
High disposable income
Increasing upper-income population
Growing popularity of e-commerce
PART 10: Impact of drivers
PART 11: Market challenges
Aging baby boomers
Reducing exclusivity
Easy availability of counterfeit personal luxury goods
Currency fluctuations
PART 12: Impact of drivers and challenges
PART 13: Market trends
New customers and demands
Experiential marketing
Mass customization
Adoption of omni-channel distribution
PART 14: Vendor landscape
Competitive scenario
Market share analysis
Other prominent vendors
PART 15: Key vendor analysis
Christian Dior
Estée Lauder
L’Oréal
Luxottica
LVMH
Ralph Lauren
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Global personal luxury goods market by segmentation
Exhibit 02: Product offerings
Exhibit 03: Market overview 2014 and 2019
Exhibit 04: Spending on personal luxury goods in different countries through retail channel 2014 (revenue in billions)
Exhibit 05: Personal luxury goods market share in major US cities
Exhibit 06: Personal luxury goods market in the US ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Positioning of brands
Exhibit 09: Personal luxury goods market in US by products 2014
Exhibit 10: Personal luxury goods market in the US 2014-2019
Exhibit 11: Categorization of personal luxury goods
Exhibit 12: Luxury apparels market in the US 2014-2019 ($ billions)
Exhibit 13: Segmentation of luxury accessories market in the US
Exhibit 14: Luxury accessories market in the US 2014-2019 ($ billions)
Exhibit 15: Segmentation of personal hard luxury market
Exhibit 16: Personal hard luxury goods in US market 2014-2019 ($ billions)
Exhibit 17: Fragrances and cosmetics market in US 2014-2019 ($ billions)
Exhibit 18: Others luxury goods market in US 2014-2019 ($ billions)
Exhibit 19: Market segmentation by distribution channel
Exhibit 20: Personal luxury goods market in the US by retail channel distribution 2014
Exhibit 21: Personal luxury goods market in the US by retail channel sales 2014-2019 ($ billions)
Exhibit 22: Personal luxury goods market in US by online sales 2014-2019 ($ billions)
Exhibit 23: Personal luxury goods market in US by airport retail sales 2014-2019($ billions)
Exhibit 24: Spending division among consumers 2014
Exhibit 25: Impact of drivers
Exhibit 26: Currency fluctuations 2014 for USD and Yen
Exhibit 27: Currency fluctuation in 2014 for USD and Yuan
Exhibit 28: Currency fluctuation in 2014 for USD and Euro
Exhibit 29: Impact of drivers and challenges
Exhibit 30: Market share of key vendors in the US by revenue 2014
Exhibit 31: Christian Dior: Business segmentation by revenue 2015
Exhibit 32: Christian Dior: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 33: Estée Lauder: Product segmentation by revenue 2014
Exhibit 34: Estée Lauder: Product segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 35: Estée Lauder: Geographical segmentation by revenue 2014
Exhibit 36: L’Oréal: Business segmentation by revenue 2014
Exhibit 37: L’Oréal: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 38: L’Oréal: Geographical segmentation by revenue 2014
Exhibit 39: Luxottica: Business segmentation by revenue 2014
Exhibit 40: Luxottica: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 41: Luxottica: Geographical segmentation by revenue 2014
Exhibit 42: LVMH: Business segmentation by revenue 2014
Exhibit 43: LVMH: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 44: LVMH: Geographical segmentation by revenue 2014
Exhibit 45: Ralph Lauren: Business segmentation by revenue 2015
Exhibit 46: Ralph Lauren: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 47: Ralph Lauren: Geographical segmentation by revenue 2015
