Albany, NY -- (SBWire) -- 09/16/2017 --The global personal luxury goods market has been registering positive growth over the last few years and is shaping up to become one of the top competitive markets at a global level. With the rise in globalization, ample growth opportunities are being created in the market.
The global personal luxury goods market to grow at a CAGR of 3.71% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global personal luxury goods market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of personal luxury goods to individual customers.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA
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Technavio's report, Global Personal Luxury Goods Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Este Lauder
- L'Oral
- Luxottica
- LVMH
- Richemont
- The Swatch Group
Other prominent vendors
- BURBERRY
- BREITLING
- CHANEL
- COACH
- Giorgio Armani
- Kate Spade
- Kering
- Nina Ricci
- PRADA
- Tiffany
- Valentino Fashion Group
- Herms
- Ralph Lauren
- VF Corporation
Market driver
- Rising tourist spending
- For a full, detailed list, view our report
Market challenge
- Presence of counterfeit products
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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At a CAGR of 3.71%, Global Personal Luxury Goods Market to Rise over 2017-2021 - Este Lauder, L'Oral, Luxottica, LVMH, Richemont