Asia-Pacific Luxury Goods Market: Trends and Opportunities (2013-2018)
Description-
Executive
Summary
Luxury
Goods
refer to products which are commonly characterized by its premium
quality, craftsmanship, recognizability, exclusivity and reputation.
These high-end goods tend to satisfy socio-psychological needs in
greater form and bring esteem to the owner. Fondness for all forms of
luxury like fashion products, accessories, bags & cases,
cosmetics & fragrances, vehicles, utility gadgets, beverages and
interior decoration products, etc. has been seen since many
Asia
particularly China has been the engine and facilitator for growth of
luxury goods market for several years particularly for products,
accessories and hard luxury items such as watches and jewelry. The
Asia Pacific region currently accounts for over two-thirds of global
luxury goods market and the region is expected to account for nearly
half of total global luxury goods sales in coming years.
To
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Factors
driving growth of luxury goods market in Asia Pacific region are
increase in number of high net worth individuals in the region,
consumption of luxury goods by middle class population and increasing
internet penetration boosting e-commerce of luxury goods. In recent
years, smaller Asian economies have also been showing rise in number
of millionaires. However, counterfeiting of luxury goods and high
import duties/tariffs in Asia Pacific region poses challenge to
industry’s growth in the region. Major trends prevailing in luxury
goods market of Asia Pacific region are luxury tourism, expansion of
luxury retailers to lower tier cities of the region and upcoming
‘affordable luxury’ segment.
Scope
of the report
The
report titled “Asia-Pacific Luxury Goods Market: Trends and
Opportunities (2013-2018)” provides an in-depth analysis of major
luxury goods market of Asia Pacific region like Japan, China, South
Korea and India. The report assesses the key opportunities and
underlying trends in the market and outlines the factors that are and
will be driving the growth of the industry in the forecasted period
(2013-18). Further, key players of the luxury goods market like LVMH
Moet Hennessy Louis Vuitton SA, Compagnie Financiere Richemont SA,
Kering SA and Hermès International are analyzed in the report.
Geographical
Coverage
Asia
Pacific
China
Japan
South
Korea
India
Company
Coverage
LVMH
Moet Hennessy Louis Vuitton SA
Compagnie
Financiere Richemont SA
Kering
SA
Hermès
International
Table
of Content
1.
Executive Summary
2.
Luxury Goods: An Introduction
3.
Asia Pacific Luxury Goods Market: An Analysis
3.1
Asia Pacific Luxury Goods Market: An Overview
3.2
Asia Pacific Luxury Goods Market: Sizing and Growth (Actual and
Forecast)
4.
Asia-Pacific Luxury Goods Market: Regional Analysis
4.1
China: Luxury Goods Market Analysis
4.1.1
China Luxury Goods Market: Sizing and Growth (Actual and Forecast)
4.1.2
Chinese Expenditure on Luxury Goods by Region (2012)
4.1.3
China Domestic Luxury Expenditure by Segments
4.2
Japan: Luxury Goods Market Analysis
4.2.1
Japanese Luxury Goods Market: An Overview
4.2.2
Japanese Luxury Goods Market: Sizing and Growth (Actual and Forecast)
4.2.3
Consumers’ Expenditure on Luxury Goods in Japan (2012)
4.3
India: Luxury Goods Market Analysis
4.3.1
Indian Luxury Goods Market: An Overview
4.3.2
Indian Traditional Luxury Market Size by Segments (2012)
4.3.3
Indian Luxury Goods Market: Sizing and Growth (Actual and Forecast)
4.3.4
Personal Luxury Goods Market Share by Segments
4.4
South Korea: Luxury Goods Market Analysis
4.4.1
South Korean Luxury Goods Market: An Overview
4.4.2
South Korea Luxury Goods Market: Sizing and Growth (Actual and
Forecast)
4.4.3
South Korean’s Expenditure on Luxury Goods by Region (2012)
4.4.4
Luxury Revenue Break-up in South Korea (2013E)
4.4.5
Luxury Goods Market by Consumer Segment
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074,
USA-Canada Toll Free: 866-997-4948,
Email: sales@researchmoz.us,
Website: http://www.researchmoz.us
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074,
USA-Canada Toll Free: 866-997-4948,
Email: sales@researchmoz.us,
Website: http://www.researchmoz.us
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