Luxury Goods Market Global Trends and 2015 Analysis



MarketReportsOnline.com adds "Global Luxury Goods Market Report: 2015 Edition" report to its research store.

Luxury goods refer to products which are commonly characterized by their premium quality, craftsmanship, recognizability, exclusivity and reputation. These high-end goods tend to satisfy socio-psychological needs in greater form and bring esteem to the owner. Fondness for all forms of luxury like fashion products, accessories, bags & cases, cosmetics & fragrances, vehicles, utility gadgets, beverages and interior decoration products, has been seen since many centuries. In economic terms, luxury goods are the ones for which the law of demand is reverse i.e. the demand for such products increases with price. Luxury is usually stratified in three layers viz. Accessible, Aspirational and Absolute. A few other factors which determine the degree of luxury are price, uniqueness, availability, promotion, and brand among others. Moreover, the luxury industry usually covers products like perfumes and cosmetics; hard luxury; cognac; handbags and cases; furniture; vehicles, etc. These products are sold through wholesale, retail or online channels. Complete report available at http://www.marketreportsonline.com/404147.html.

Improving global economy, rising disposable income and wealth, growing consumption of luxury goods by middle class population and continuous global urbanization are all major factors that are fueling the development of global luxury goods market. Growth of this market is directly associated with macro indicators, including real GDP, tourist arrivals, wealth, and disposable income. One of the main drivers to propel the growth of this market is the booming business of online personal luxury goods. The emergence of an off-price pricing strategy in the global online luxury goods market is making personal luxury goods accessible to a greater number of individuals since they can compare the prices of different products and make the final deal. Further, men are increasing their contribution to this market by making more purchases.

This report analyzes the development of the "global luxury goods market", with a focus on some of the major segments including cars, wines and spirits, and jewelry. The mature market of Europe along with emerging market of China is being discussed in the report. The major trends, drivers facilitating growth of the luxury goods market as well as the issues being faced by the industry are being presented in this report. The four major players in the luxury goods industry include LVMH, Kering Group, Hermes International and Richemont are being profiled in the report highlighting their key financials and strategies for growth.

Purchase a copy of this research report at USD 800 (Single User License) http://www.marketreportsonline.com/contacts/purchase.php?name=404147.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables affecting this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Few points from List of Tables
Difference between Regular and Luxury Goods
Types of Luxury Segment
Luxury Goods’ Industry Classification
Country-wise Champagne Exports by Volume & Quantity (2013)
Positioning of Watch Brands by Pricing Points (2014E)
Luxury Goods Industry Percentage Share by Customer Nationality (2000-2014E)
Y-O-Y Growth Rate by Category in China (2012-2013)
Affordable Luxury Brands Growth in Percent (2010-2013)
Composition of Global HNWI Population by Wealth Bands (2013)
Organic Sales Growth Comparison of Major Players in Luxury Goods Market
Comparison of Four Largest Luxury Goods Companies – Key Financials, (2014)
Organic Sales Growth Estimates (FY13-FY16)
Reported EBIT Growth (FY13-FY16)
Dependent & Independent Variables (2008-2013)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output

Explore more reports on the consumer goods market at http://www.marketreportsonline.com/cat/consumer-goods-market-research.html.


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