Luxury Goods Market Value Share, Supply Demand, Share and Value Chain 2015-2020
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...
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