Region:North America
Product Code:OHMF1294
Luxury Goods in the United States
Summary
Luxury Goods in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the United States luxury goods market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
The Luxury goods market presents the revenues at retail sales value from retailers specifically dealing with Luxury Jewellery & Watches, Bags & Accessories, Apparel & Footwear and Cosmetics & Fragrances.
Any currency conversions used in this report have been calculated using constant annual 2016 average exchange rates.
The US luxury goods market is expected to generate total revenues of USD 88.6bn in 2017, representing a compound annual growth rate (CAGR) of 4.2% between 2013 and 2017.
The jewellery & watches segment is expected to be the market's most lucrative in 2017, with total revenues of USD 35.0bn, equivalent to 39.6% of the market's overall value.
The United States is hugely dominant in this market, easily the largest individual market globally. A number of trends have been affecting the market however in ways that also affect other western markets such as Europe. Of particular concern is that millennials are much less interested in the current leading luxury goods brands than previous generations were and not a great deal has been done to make these brands more appealing to millennials.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, 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 2017?
What will be the size of the United States luxury goods market in 2022?
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?
What are the main segments that make up the United States's luxury goods market?
LVMH Moet Hennessy Louis Vuitton SA
PVH Corp.
Ralph Lauren Corporation
Tiffany & Co.
Table of Contents
Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
LVMH Moet Hennessy Louis Vuitton SA
PVH Corp.
Ralph Lauren Corporation
Tiffany & Co.
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
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