Region:Global
Product Code:RT1103SR
Luxury Goods Retailing in the Americas, 2017-2022: Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape
Summary
The Luxury Goods Retailing in the Americas, 2017-2022, report published by GlobalData provides analysis of current and forecast market data for luxury goods retail sales in different product categories across the Americas.
The luxury market in the Americas is seeing consistent growth, supported by a favorable economic scenario and rising tourism. The Americas grew at 3.5% CAGR during 2012-2017 and is projected to grow at 4.0% CAGR during 2017-2022. The US is the undisputed leader of the luxury market in the region, accounting for 92.1% market share; however, growth is driven by emerging markets such as Canada, Peru, Colombia, and Mexico. The growing influence of social media has created awareness about brands while the improved purchasing power in these economies makes them attractive destinations for international luxury markets.
What else does this report offer?
- Current market sizes and forecasts to 2022 by country and 12 categories, including clothing, consumer electronics, drinks, footwear, homewares, jewelry, watches and accessories, luggage and leather goods, personal care, communication equipment, stationery, tobacco, and others
- Market insights based on consumer trends and changing economic and demographic factors
- Luxury goods retail sales and fastest-growing markets for Luxury goods channel
- Category level retail sales and forecast growth rates in Americas
- Competitive landscape covering market share of major Luxury goods operators and their Luxury goods sales and trading update analysis, recent key events.
Scope
- Luxury goods retail sales in the Americas to reach US$144 billion by 2022
- Latin American economies and Canada are driving growth in the luxury market
- Clothing is the largest product category in luxury sales in the Americas
- Communications equipment is projected to grow the fastest during 2017-2022.
Reasons to buy
Get immediate access to -
- Reliable Luxury goods retail sales data in Americas for 2017 with forecasts for 2022 with information on largest and fastest-growing markets to inform market expansion and to manage risk
- Explore an in-depth analysis of Luxury goods retail sales data for major markets to identify target categories and develop growth plans
- Learn from Luxury goods retail trends and market drivers to customize your entry/expansion approach depending on the Luxury goods retail landscape
- Choose partners, understand the competition, with data and analysis of major Luxury goods retailers, including market shares, trading performance, locations, travel retail strategy for each.
Table of Contents
Executive Summary
Regional Analysis
Country Analysis
Sector Analysis
Competitive Landscape
Key Trends
Mergers & Acquisitions
Appendix
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.