Koncept Analytics Report on Global Luxury Goods Market

PRLog (Press Release) – May 15, 2008 – The luxury goods market is highly cyclical and is mainly driven by Global GDP growth, tourism flows (themselves largely dictated by currency movements) and the growing proportion of high net worth individuals. There is a clear connection between global economic growth and luxury growth.

In addition to high net worth individuals, demand for luxury goods is also driven by more aspirational lower-end consumers across most regions. Consumption of luxury goods tends to widen to more occasional customers during strong economic growth and contracts to more wealthy people at the time of economic instability.

Looking at the sales by region, the European market continues to be the most significant market for most of the companies in the luxury goods industry. Growth is also much higher in Asia and other fast growing regions.

The report broadly includes the following

List of tables and Charts

Luxury Goods Industry Classification
Luxury Sales Growth (%) Vs Global GDP Growth (%)
Percentage of Luxury Sales by Region
Luxury Sales: China market Size
Global Luxury Apparel Forecast
Men’s Jewellery Y-o-Y Growth (H206 vs. H205)
Average Price of Mechanical Watches by Country
Jewellery & Watches: Percentage Sales by Distribution Channels
Retail Sales of Jewellery, Watches and Clocks
Jewellery & Watches: Break-up of Market Value at Manufacturer’s Level
Global Cosmetic Market – Regional Split (2004-09)
Leading 10 Champagne brands worldwide
Share of Luxury Goods Sales in Japan
Luxury Goods Companies: Segments and Key Markets
Bulgari: Financial Snapshot
Hermès: Financial Snapshot
Hugo Boss: Financial Snapshot
LVMH: Financial Snapshot
Richemont: Financial Snapshot
Swatch Group: Financial Snapshot

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