Bain luxury goods worldwide market study 2016 pdf

The report shows that the luxurygoods market has more than tripled over the past 20 years from 73 billion in 1994 to 218 billion last year and is expected to reach 223 billion by the end of 2014. The global personal luxury goods market reached in 2018 a new normal pattern of growth, confirmed also for the current year and the short term up to 2025. Todays will cover the present structure of the luxury goods market and the effect of the great recession on it. The personal luxury goods market delivers positive growth.

Global luxury goods worldwide market study 9th edition. The study s lead author is claudia darpizio, a bain partner in milan. Bangladesh ruling coalition declared winner of disputed vote. Feb 02, 2011 the statistic shows the sales of the luxury goods industry in china in 2010 and a forecast for the years until 2020. Luxury goods worldwide market study, fall winter 2016 bain.

Strategy consulting firm presentations mekko graphics. This database, known as the luxury goods worldwide market observatory, has become a leading and muchstudied source in the international luxury goods industry. Domestic market growth has been led by female categoriescosmetics, womens wear and jewelry note. The behavior of chinese consumers epitomizes a larger global trend. Global powers of luxury goods 2018 deloitte united states. May 19, 2014 luxury goods market growth to slow in 2014. Chinese consumption bounced back in 2017, fueled by renewed. The overall luxury industry tracked by bain comprises nine segments, led by luxury cars, luxury hospitality and personal luxury goods, which together account for more than 80% of the total market. Luxury market begins to tap the millennial engine of. Altagamma 2015 worldwide markets monitor il management.

Apr, 2018 despite the fact that wholesale is still a dominant channel for luxury goods, accounting for 23 of the sales, online retailing hasgained amomentum by growing 24% in 2017 and now taking up 9% of the market share channel bain. Luxury goods worldwide market study fallwinter 2014. You can also get my analysis of the 10th bain luxury goods worldwide market study from october 2011. The report examines and lists the 100 largest luxury goods companies globally, based on the consolidated sales of luxury goods in fy2016 which we define as financial years ending within the 12 months to 30 june 2017. Bain luxury goods worldwide market study spring 2019. Luxury goods worldwide market study, fallwinter 2016 as. But with new, interesting and differentiating pillars of the next gen luxury. Slower growth worldwide, and strategy becomes paramount. Top luxury markets in the report the top countries in the personal luxury goods market are identified. Luxury goods market in china get the report with graphs and tables on. Louis vuitton abi jones, chloe mccann, tzortzina papoutsidi, wenhsin feng. Framework of the study global personal luxury goods market.

Last year, we saw the global luxury market return to healthy growth, albeit at a more moderate pace than in the past, said claudia darpizio, a bain partner and lead author of the study. The 15th edition of the bain luxury study, published annually by bain. Share of worldwide luxury market in china and hong kong 2016. The remarkable growth was mainly driven by strong luxury. Executive summary slower growth worldwide, and strategy becomes paramount.

Given that the uae has become increasingly connected to the global economy, it is expected that the retail environment will incur some risks related to growing trade protectionism, heightened political uncertainty and financial market turbulence. World luxury goods sales growth seen up 24 percent in 2017. It also discusses the key trends shaping the luxury market and provides a global economic outlook. Worldwide sales of personal luxury goods are set to rise 46 percent this year at constant exchange rates compared with a 6. Bain slashes global luxury goods sales forecasts inside retail asia. The statistical data stretches from a brief general overview of a global luxury market to the luxury retail. Bain has published its annual findings in the luxury goods worldwide market study since 2000.

Bain, bain luxury goods worldwide market study 2012, bain worldwide luxury goods study, bain. Share of global personal luxury goods market, by region, 201617e. Claudia is the lead author of the bains yearly luxury study, developed. After a pause in 2016, the personal luxury goods market returned to a new normal of. Luxury goods worldwide market study, fallwinter 2017 bain. Pdf the role of brand prominence in luxury goods semantic. Jun 21, 20 november 19, 2012 by dduane in bain luxury goods study, current market thoughts, industry analysis, luxury goods, portfolio management, retail, stock ideas, strategy tags. Luxury goods industry revenue in china until 2020 statista. Apr 06, 2016 bain is due to release in a few weeks its updated study and forecasts for the luxury goods market, which includes accessories, clothing, jewelry and watches, and has not yet published any figures. Our fallwinter 2018 luxury goods worldwide market study highlights seven trends that will shape the industry through 2025. Bain partner claudia darpizio discusses the positive outlook in the luxury market after a couple of years of stagnation.

Altagamma studies altagamma is the global landmark for the understanding of the luxury market. She is the lead author of the bain luxury study, one of the most cited sources of market information in the luxury industry. This dossier provides statistical information on the luxury goods market in china. It expects the overall luxury market, including both luxury goods and experiences, to post 5% growth this year to reach. Our fallwinter 2018 luxury goods worldwide market study highlights seven trends that will shape the. Considering all segments, the luxury market grew by 5% to an estimated 1. Nov 07, 20 20 luxury goods worldwide market report 1. Luxury goods worldwide market study, fallwinter 2018.

Luxury goods worldwide market study, fallwinter 2016 bain. Major trends affecting growth in luxury market industry. Claudia is a globally recognized expert in luxury and in 2009 was named by. Personal luxury goods rebound, driven by sustained growth in key regions worldwide, the personal luxury goods market experienced growth across all regions, driven both by more robust local consumption up 4% and by strong tourist purchases up 6%. In addition, bains luxury goods worldwide market study finds accessories, including leather goods and shoes, have definitively become the largest segment, growing 4% for 20 to reach 28% of total revenues. She is also the lead author of bain s annual luxury study, one of the most cited sources of market information in the luxury industry. This study, based on the analysis of an extensive panel of worldwide luxury brands, is periodically updated and has become one of the most valued and cited sources of market information in the luxury industry. Page 2 countrys middle class continues to grow in size and purchasing power. By contrast, apparel is now a quarter of the market, growing at 1%.