In 2018, luxury goods in the US faced a slight current value decline, as demand shifted in multiple categories. A major theme across luxury goods is the role of the millennial population, which is soon to become the largest consuming generation, as the baby boomer generation fades. Millennials on average have lower incomes than baby boomers or Gen-X, and their tastes are different than older generations. In a faster-paced, more interactive economy fuelled by social media and the internet, millen...
Euromonitor International's Luxury Goods in USA report offers a comprehensive guide to the size and shape of the Luxury Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Goods retailing along with the development of consumers' shopping patterns. Forecasts to 2023 illustrate how the market is set to change
Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Luxury Cars, Personal Luxury.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Luxury Goods market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market's major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
Luxury Goods in the US
Euromonitor International
February 2019
LIST OF CONTENTS AND TABLES
Executive Summary
the Taste for Luxury Goods Is Changing in the US
Millennialisation and the Role of Experiences Are Shifting Luxury
the Competition Varies Within Luxury Goods Categories
E-commerce Continues To Disrupt Store-based Retailing
Luxury Goods Is Expected To See Growth Once Again
Market Indicators
Table 1 Number of High Net Worth Individuals (HNWI): 2013-2018
Market Data
Table 2 Sales of Luxury Goods by Category: Value 2013-2018
Table 3 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 4 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 5 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 6 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 7 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 8 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 9 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023
Sources
Summary 1 Research Sources
Headlines
Prospects
Changing Consumer Preferences Shape Foodservice
Foodservice As A Strategy To Bring Consumers Back To Stores
the Convenience Brought About by Delivery Also Plays A Role in the Luxury World
Competitive Landscape
Tiffany's Blue Box Café Appeals To Consumers' Nostalgia
Restaurants As Showrooms - A New Venue for Luxury Retailers
the New Luxury Goes Beyond Fine Dining
Category Data
Table 10 Sales in Luxury Foodservice: Value 2013-2018
Table 11 Sales in Luxury Foodservice: % Value Growth 2013-2018
Table 12 NBO Company Shares in Luxury Foodservice: % Value 2013-2017
Table 13 LBN Brand Shares in Luxury Foodservice: % Value 2014-2017
Table 14 Forecast Sales in Luxury Foodservice: Value 2018-2023
Table 15 Forecast Sales in Luxury Foodservice: % Value Growth 2018-2023
Headlines
Prospects
Retail Value and Volume To Register Growth Over the Forecast Period
the Growth of "bleisure" Gives Hotels An Opportunity To Grow Their Revenues
"smart" Guest Rooms Are the Future
Competitive Landscape
Airbnb Moves Further Into the Luxury Space
Steering Away From A Formulaic Approach
Investment in Wellness Sets Brands Apart
Category Data
Table 16 Sales in Luxury Hotels: Value 2013-2018
Table 17 Sales in Luxury Hotels: % Value Growth 2013-2018
Table 18 Sales in Luxury Hotels by Country of Origin: % Value 2013-2017
Table 19 NBO Company Shares in Luxury Hotels: % Value 2013-2017
Table 20 LBN Brand Shares in Luxury Hotels: % Value 2014-2017
Table 21 Forecast Sales in Luxury Hotels: Value 2018-2023
Table 22 Forecast Sales in Luxury Hotels: % Value Growth 2018-2023
Headlines
Prospects
Premiumisation Drives New Consumption Trends
Luxury Vodka Consumption Fluctuates
Luxury Brandy and Cognac Sees the Fastest Growth
Competitive Landscape
Bacardi Acquires the Leading Super Premium Tequila Brand, Patron
Bacardi USA Takes the Lead From Diageo North America
Online Retailing of Fine Wines/champagne and Spirits Continues To Grow
Category Data
Table 23 Sales of Fine Wines/Champagne and Spirits by Category: Value 2013-2018
Table 24 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2013-2018
Table 25 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2013-2017
Table 26 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2014-2017
Table 27 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2013-2018
Table 28 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023
Table 29 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023
Headlines
Prospects
Suvs See An Increasing Share of Sales
Electric Vehicles Are Increasing in Popularity
Increasing Production by Tesla
Competitive Landscape
Mercedes-benz, Bmw, Lexus and Audi Are the Leading Brands
the Rise of Luxury Car Sharing
More Companies Are Making Electric Vehicles Than Ever Before
Category Data
Table 30 Sales of Luxury Cars: Value 2013-2018
Table 31 Sales of Luxury Cars: % Value Growth 2013-2018
Table 32 NBO Company Shares of Luxury Cars: % Value 2013-2017
Table 33 LBN Brand Shares of Luxury Cars: % Value 2014-2017
Table 34 Forecast Sales of Luxury Cars: Value 2018-2023
Table 35 Forecast Sales of Luxury Cars: % Value Growth 2018-2023
Headlines
Prospects
the Effect of Social Media and Influencers Is Growing in Luxury Consumption Habits
Super Premium Beauty and Personal Care Continues Its Growth
Affordable Luxury Is More Popular With Millennials
Competitive Landscape
the Continued Rise of E-commerce in Personal Luxury
Experiential Retailing Is A Growing Priority for Luxury Brands
Changes Moving Forward
Category Data
Table 36 Sales of Personal Luxury by Category: Value 2013-2018
Table 37 Sales of Personal Luxury by Category: % Value Growth 2013-2018
Table 38 NBO Company Shares of Personal Luxury: % Value 2013-2017
Table 39 LBN Brand Shares of Personal Luxury: % Value 2014-2017
Table 40 Forecast Sales of Personal Luxury by Category: Value 2018-2023
Table 41 Forecast Sales of Personal Luxury by Category: % Value Growth 2018-2023
Headlines
Prospects
the Shifting Retail Landscape Shapes Growth Strategies
Luxury Consumers Embrace Logos
Sneakers and Slides Help To Grow Men's Designer Footwear
Competitive Landscape
Ralph Lauren Struggles To Realise Growth Amidst Restructuring
Designer Brands Adopt Streetwear's "drop" Distribution Model
Department Stores Try Experiential Retail Strategies
Category Data
Table 42 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2013-2018
Table 43 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2013-2018
Table 44 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2013-2017
Table 45 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2014-2017
Table 46 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2013-2018
Table 47 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2018-2023
Table 48 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2018-2023
Headlines
Prospects
Influencers Drive Trends and Sales
Eyewear Is Seen As A Preventative Measure for Eye Health
E-commerce Grows Despite Prescription-related Hurdles
Competitive Landscape
Ray-ban and Oakley Continue To Lead
Independent Brands Compete for Attention
Licensing Changes Shake Up the Competitive Landscape
Category Data
Table 49 Sales of Luxury Eyewear by Category: Value 2013-2018
Table 50 Sales of Luxury Eyewear by Category: % Value Growth 2013-2018
Table 51 NBO Company Shares of Luxury Eyewear: % Value 2013-2017
Table 52 LBN Brand Shares of Luxury Eyewear: % Value 2014-2017
Table 53 Distribution of Luxury Eyewear by Format: % Value 2013-2018
Table 54 Forecast Sales of Luxury Eyewear by Category: Value 2018-2023
Table 55 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2018-2023
Headlines
Prospects
the Consumption of Luxury Jewellery Is Not A Priority for Millennials
Man-made Diamonds Are Emerging As A Cheaper and More Ethical Alternative
Internet Retailing Continues To Slowly Increase
Competitive Landscape
De Beers Ends Its Joint Venture With LVMH
Tiffany & Co Responds To A Lacklustre 2017 With Early Growth in 2018
Social Media and Influencers Continue To Play A Role
Category Data
Table 56 Sales of Luxury Jewellery by Category: Value 2013-2018
Table 57 Sales of Luxury Jewellery by Category: % Value Growth 2013-2018
Table 58 NBO Company Shares of Luxury Jewellery: % Value 2013-2017
Table 59 LBN Brand Shares of Luxury Jewellery: % Value 2014-2017
Table 60 Distribution of Luxury Jewellery by Format: % Value 2013-2018
Table 61 Forecast Sales of Luxury Jewellery by Category: Value 2018-2023
Table 62 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2018-2023
Headlines
Prospects
Travel and Tourism Benefits Luxury Travel Goods
Social Media Shareability Drives Sales
Brands Make Headlines for Controversial Destruction Practices
Competitive Landscape
European Luxury Conglomerates Capitalise on Trends
US Brands Seek Acquisitions Amid Turnarounds
Internet Growth Spurs Experiential Retail Strategies
Category Data
Table 63 Sales of Luxury Leather Goods: Value 2013-2018
Table 64 Sales of Luxury Leather Goods: % Value Growth 2013-2018
Table 65 NBO Company Shares of Luxury Leather Goods: % Value 2013-2017
Table 66 LBN Brand Shares of Luxury Leather Goods: % Value 2014-2017
Table 67 Distribution of Luxury Leather Goods by Format: % Value 2013-2018
Table 68 Forecast Sales of Luxury Leather Goods: Value 2018-2023
Table 69 Forecast Sales of Luxury Leather Goods: % Value Growth 2018-2023
Headlines
Prospects
Vertu Goes Out of Business in July 2017
More Luxury Brands Continue To Launch High-end Smartwatches
the Life Expectancy of Luxury Wearables Affects Demand
Competitive Landscape
Tag Heuer Performs Well
Apple and Tag Heuer Continue To Lead Luxury Wearables
An Upgrade To the Snapdragon Processor
Category Data
Table 70 Sales of Luxury Portable Consumer Electronics by Category: Value 2013-2018
Table 71 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2013-2018
Table 72 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2013-2017
Table 73 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2014-2017
Table 74 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2013-2018
Table 75 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2018-2023
Table 76 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2018-2023
Headlines
Prospects
Federation of the Swiss Watch Industry Reports An Increase in Exports To the US
Apple Claims More Sales of Apple Watches Than the Entire Swiss Watch Industry
Further Emergence of Internet Retailing, As Well As Other Luxury Timepiece Services
Competitive Landscape
Swatch Group Pulls Out of the Baselworld Watch Conference
Movado Group Acquires the Mvmt Brand
A Movement Away From Mixed Retailers Towards Internet Retailing and Boutiques
Category Data
Table 77 Sales of Luxury Timepieces by Category: Value 2013-2018
Table 78 Sales of Luxury Timepieces by Category: % Value Growth 2013-2018
Table 79 NBO Company Shares of Luxury Timepieces: % Value 2013-2017
Table 80 LBN Brand Shares of Luxury Timepieces: % Value 2014-2017
Table 81 Distribution of Luxury Timepieces by Format: % Value 2013-2018
Table 82 Forecast Sales of Luxury Timepieces by Category: Value 2018-2023
Table 83 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2018-2023
Headlines
Prospects
Value Sales of Luxury Writing Instruments Continue To Decline in the US
Luxury Writing Instruments Are Not As Popular As in the Past
Non-grocery Specialists Remains the Leading Distribution Channel in 2018
Competitive Landscape
Montblanc Continues To Lead Luxury Writing Instruments Despite Lower Demand
the Launch of Limited Editions To Maintain Interest
the Social Media Emphasis on Luxury Writing Instruments Is Still Limited
Category Data
Table 84 Sales of Luxury Writing Instruments and Stationery: Value 2013-2018
Table 85 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2013-2018
Table 86 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2013-2017
Table 87 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2014-2017
Table 88 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2013-2018
Table 89 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2018-2023
Table 90 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2018-2023
Headlines
Prospects
Super Premium Luxury Brands Experiment With Digital Strategies
Expanding Availability
Pop-up Shops Offer Event-driven Excitement and Branding for Players
Competitive Landscape
Amazon Advances the Luxury Beauty Brand Offerings on Its Luxury Beauty Platform
Chanel and Christian Dior Develop Fragrance Line Extensions Through Hair Mists
Tom Ford Maintains Momentum Through Organic Growth in Fragrances
Category Data
Table 91 Sales of Super Premium Beauty and Personal Care by Category: Value 2013-2018
Table 92 Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2013-2018
Table 93 NBO Company Shares of Super Premium Beauty and Personal Care: % Value 2013-2017
Table 94 LBN Brand Shares of Super Premium Beauty and Personal Care: % Value 2014-2017
Table 95 Distribution of Super Premium Beauty and Personal Care by Format: % Value 2013-2018
Table 96 Forecast Sales of Super Premium Beauty and Personal Care by Category: Value 2018-2023
Table 97 Forecast Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2018-2023
| Price : US$ 3500 | Date : Nov 2024 |
| Category : Manufacturing and Construction | Pages : 123 |
| Price : US$ 3500 | Date : Nov 2024 |
| Category : Consumer Goods and Retail | Pages : 109 |
| Price : US$ 3500 | Date : Nov 2024 |
| Category : Services | Pages : 160 |
| Price : US$ 3500 | Date : Oct 2024 |
| Category : Consumer Goods and Retail | Pages : 154 |
| Price : US$ 3500 | Date : Oct 2024 |
| Category : Services | Pages : 190 |
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