Luxury Goods Market Expected to Show Steady Growth by 2021

Deerfield Beach, FL -- (SBWire) -- 02/15/2017 --Luxury Goods Market: Overview

The demand of luxury goods is increasing due to rising disposable income. The products which are not essential to survive but which make life more pleasant for consumer are called as luxury goods. Luxury goods are also called as superior goods. The growth of luxury goods market is directly proportional to the income elasticity. The way of purchasing luxury goods also affect the luxury goods market. Being able to recognize the right channel for marketing, purchasing way of luxury consumers and choose the beneficial way of shopping in-store vs. online will be a key focus for luxury brands going forward. These factors are strongly associated with the growth of luxury goods market.

Luxury Goods Market: Growth Factors

The report includes detailed competitive landscape of the global luxury goods market. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the luxury goods market based on product segment and region. Luxury cars, luxury watches & jewelry, apparels and leather goods, luxury personal care & cosmetics, wines/champagne and spirits, fragrances and others (tableware, luxury pens etc.) are major product segments of luxury goods market. The apparel and leather goods segment was the leading product segment in 2014 and is expected to continue its dominance throughout forecast period.

Get Sample Research Report at: http://www.syndicatemarketresearch.com/request-for-sample.html?flag=S&repid=50310

Luxury Goods Market: Regional Analysis

Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report also provides further bifurcation of region on the country level. Major countries analyzed in this reports are U.S., Germany, France, UK, China, Japan, India, and Brazil. Luxury goods market was dominated by Europe due to strong per capita expenditure on luxury goods. Europe is followed by North America. Increasing consumption of luxury goods in emerging economies such as China and India triggers the luxury goods market. Additionally, due to growing consumer disposable income and luxurious lifestyle is expected to exhibit the rapid growth of this market in Asia Pacific region.

Browse the full report at: http://www.syndicatemarketresearch.com/market-analysis/luxury-goods-market.html

Luxury Goods Market: Competitive Players

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include LVMH Group, Kering S.A., Rolex S.A., L'Oreal Group, Tiffany & Co., Coty, Inc., The Swatch Group Ltd., Prada S.p.A, Compagnie Financière Richemont S.A., Hermes International SCA, Graff Diamonds, Burberry Group plc, Revlon, Inc., and Avon Products, Inc.

For More Inquiry contact our sales Team @ sales@syndicatemarketresearch.com

The report segments the global luxury goods market into:

Global Luxury Goods Market: Product Segment Analysis

Luxury Cars
Luxury Watches & Jewelry
Apparels and Leather Goods
Luxury Personal Care & Cosmetics
Wines/Champagne and Spirits
Fragrances
Others (Tableware, Luxury Pens etc)

Global Luxury Goods Market: Regional Segment Analysis

North America
U.S.
Europe
Germany
France
UK
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

About Syndicate Market Research
Syndicate Market Research provides a range of marketing and business research solutions designed for our client's specific needs based on our expert resources. The business scopes of Syndicate Market Research cover more than 30 industries includsing energy, new materials, transportation, daily consumer goods, chemicals, etc. We provide our clients with one-stop solution for all the research requirements.

Contact US:
Joel John
3422 SW 15 Street, Suite #8138
Deerfield Beach, Florida 33442
United States
Toll Free: 855-465-4651 (USA-CANADA)
Tel: 386-310-3803
Email: sales@syndicatemarketresearch.com
Website: http://www.syndicatemarketresearch.com