Global Personal Luxury Goods Market Report

DUBLIN, Apr. 10, 2014 /PRNewswire/ --

Research and Markets

(

http://www.researchandmarkets.com/research/znd6g8/global_personal

) has announced the addition of the

"Global Personal Luxury Goods Market Report"

report to their offering.

(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

The analysts forecast the Global Personal Luxury Goods market to grow at a CAGR of 7.9 percent over the period 2012-2016. The growth of the Online Personal Luxury Goods market is one of the key factors contributing to the growth of the Global Personal Luxury Goods market. The Global Personal Luxury Goods market has also been witnessing the growth of the Accessories and Hard Luxury segment. However, the aging baby boomers customer segment could pose a challenge to the growth of this market.

The report, the Global Personal Luxury Goods Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in Europe, the Americas, the APEJ region, Japan, and ROW; it also covers the Global Personal Luxury Goods market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The Accessories segment accounted for 27.2 percent of the Global Personal Luxury Goods market in 2012 and is expected to reach 29.3 percent by 2016. The outstanding growth in the Accessories segment is due to the increasing demand for accessories from customers in emerging markets such as China, Brazil, and India. The Hard Luxury segment recorded a market share of 22.7 percent in 2012 and is expected reach 24.7 percent by 2016.

The growth in the Hard Luxury segment will be driven by the increasing sales of watches and a rise in the number of jewelry brands during the forecast period, with more demand coming from emerging markets. Therefore, the growth in the Accessories and Hard Luxury segments is one of the key trends that will propel the growth of the Global Personal Luxury Goods market during the forecast period.

According to the report, one of the main drivers propelling the growth of this market is the growing Global Online Personal Luxury Goods market. The emergence of an off-price pricing strategy in the Global Online Personal Luxury Goods market is making personal luxury goods accessible to a greater number of individuals since they can compare the prices of different products and make purchases.

Key Topics Covered:

1. Executive Summary

2. List of Abbreviations

3. Introduction

4. Market Research Methodology

5. Scope of the Report

6. Market Landscape

7. Global Personal Luxury Goods Market by Product Segmentation

8. Global Personal Luxury Goods Market by Key Sub-Categories

9. Global Luxury Apparel Market

10. Global Luxury Accessories Market

11. Global Hard Luxury Market

12. Global Luxury Fragrances and Cosmetics Market

13. Global Personal Luxury Goods Market Segmentation by Distribution Channel

14. Global Online Personal Luxury Goods Market by Pricing Strategy

15. Geographical Segmentation

16. Key Leading Countries

17. Vendor Landscape

18. Buying Criteria

19. Market Growth Drivers

20. Drivers and their Impact

21. Market Challenges

22. Impact of Drivers and Challenges

23. Market Trends

24. Key Vendor Analysis

25. Other Reports in this Series


Companies Mentioned:

• Compagnie Financiere Richemont SA
• LVMH Moet Hennessy Louis Vuitton SA
• Luxottica Group S.p.A.
• Ralph Lauren Corp.
• Burberry Ltd.
• Hermes International SCA
• Kering SA
• Prada S.p.A.
• Salvatore Ferragamo S.p.A.
• Tiffany & Co.
• Tod's S.p.A.

For more information visit http://www.researchandmarkets.com/research/znd6g8/global_personal

Media Contact:

Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets