In-depth Report: Luxury Goods 2021
Statista Consumer Market Outlook

Even though luxury online sales are gaining market share worldwide, the importance of the physical store continues to increase. Companies follow different strategies to augment their retail experience in the days of eCommerce. Interestingly, digital-born luxury companies are now opening physical stores to increase traffic to their eCommerce stores, enhance brand legitimacy, provide the touch-and-feel lacking in an online store, and improve local community engagement. An overall Luxury 4.0 model is emerging, which is characterized not only by the growth of the online sales channel but by the digitalization of a consumer’s entire luxury shopping journey.
What's included?
- Global market size
- Segment analysis
- Market trends
- Drivers
- Technological impact
- Country analysis
- Consumer analysis
- Competitive landscape: Burberry, Coty, Estée Lauder, Hermès, Kering, L’Oréal, LVMH, Swatch Group
Burberry Coty Estée Lauder Hermès Kering L’Oréal LVMH Swatch Group