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Global Luxury Goods Industry - Statistics & Facts
The global luxury goods industry, which includes drinks, fashion, cosmetics, fragrances, watches, jewelry, luggage and handbags has been on an upward climb for many years. The value of the global personal luxury goods market was 212 billion euros in 2013 and is estimated to be worth about 249 billion euros in 2016. Although the technical term luxury good is independent of the goods' quality, they are generally considered to be goods at the highest end of the market in terms of quality and price. The United States has been the largest regional market for luxury goods and is estimated to continue to be the leading personal luxury goods market in 2015, with a value of 78.6 billion euros.
Luxury or prestige brands are brands for which a majority of its products are luxury goods. Louis Vuitton is the most valuable luxury brand in the world, with a brand value of about 28.51 billion U.S. dollars. The LVMH Group's total revenue for the 2016 fiscal year was about 37.6 billion euros.
The personal luxury goods industry is expected to continue to grow, especially in the Middle East; the market is expected to increase by 19 percent in 2015 to total about 8.1 billion euros.
Luxury goods industry worldwide - Important statistics
- 1. Overview
+Value of various global luxury markets 2016, by market type- +Share of the luxury goods market worldwide 2011-2014, by region
- +Sales of the luxury goods market worldwide 2006-2015, by product category
- +Share of the luxury goods market worldwide by product category 2012-2016
- +Value of the global personal luxury goods market 1995-2016
- +Leading personal luxury goods markets by country 2015
- +Growth of the leading personal luxury goods markets 2015, by country
- Value of the global off-price personal luxury goods market 2012-2016
- Global off-price personal luxury goods market share by region 2015
- Global off-price personal luxury goods market share by category 2015
- +Leading personal luxury goods cities 2015
- Value of the global airport personal luxury goods market 2011-2016
- Global airport personal luxury goods market share by region 2015
- Global airport personal luxury goods market share by category 2015
- +Luxury cars: market size 2016
- +Global car sales - selected luxury brands 2016
- 2. Luxury Retail
- 3. Leading 3 Luxury Goods Companies
- +Total revenue of the LVMH Group worldwide 2008-2016
- +Revenue share of the LVMH Group worldwide by geographic region 2008-2016
- +Revenue of the LVMH Group worldwide by segment 2008-2016
- +Total number of stores of the LVMH Group worldwide 2008-2016
- +Number of stores of the LVMH Group worldwide by geographical region 2016
- +Total revenue of Hermès worldwide 2007-2016
- +Revenue breakdown of Hermès worldwide by geographical region 2010-2016
- +Hermès' revenuew worldwide by segment 2010-2016
- +Global number of Hermès stores 2007-2016
- Total sales of the Richemont Group worldwide 2008-2016
- Sales share of the Richemont Group worldwide 2016, by geographical region
- +Sales of the Richemont Group worldwide 2008-2016, by business segment
- Sales of the Richemont Group worldwide 2008-2016, by product line
- 4. Consumer Behavior
- +Sales share of the luxury goods market worldwide 2007-2013, by gender
- +Affluent Americans who said they prefer to buy designer or luxury brands 2016
- +Affluent Americans who said they were willing to pay more for luxury toiletries 2016
- +Affluent Americans: share planning to buy a fine watch/ evening apparel 2011-2014
- +Locations where affluent global consumers purchased luxury items 2011
- +Brand interaction prior to luxury item purchases worldwide 2011, by gender
- +U.S. luxury goods market: attributes that are important to consumers
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