May 16, 20 bain sees 20 luxury goods sales growth at 45 pct. Bain report global luxury 2015 linkedin slideshare. Global consultancy bain estimates that growth in personal luxury sales in greater china including hong kong, taiwan and macau fell from 30% in 2011 to 7% in 2012 and to around 2% in 20. Global personal luxury goods market at current and constant exchange rates, 20. Apr 04, 2020 bain altagamma luxury report 20 pdf of course, this habit has become so ingrained in his and the publics conscious that everyone expects him to volunteer for whatever particularly dangerous duty has just come along. Claudia is the lead author of the bains yearly luxury study, developed. Bain, whose forecasts are closely watched by the industry, sees luxury goods growth cooling worldwide to 4 to 5 percent in 20 from 5 percent last year at constant exchange rates. The aviation business is struggling to perform in real terms, due to a. May 07, 2020 een digitaal marketingplan in 100 dagen pdf. Bcg altagamma true luxury global consumer insight survey dec 18jan 19. And beyond claudia darpizio, federica is the coauthor of bain luxury study, one. Beyond personal luxury goods, bain s analysis and forecasts for luxury cars, wine and spirits, hotels, inhome and outofhome food, home furnishings, and yachts all show growth, with luxury cars, wine and spirits, and hotels outpacing personal luxury goods and leading to an overall 20 market of 800 billion of affluent spending, up 6%.
Global luxury goods market to cool in 20, says bain. Luxury goods worldwide market study, fallwinter 2016 bain. Albeit a dip in luxury spending, china is still a major powerhouse of global luxury growth. Altagamma is the global landmark for the understanding of the luxury market. Altagamma tweaks luxury sales forecasts in revised study wwd. Personal luxury goods are the focus of the bain luxury study.
Nov 07, 20 20 luxury goods worldwide market report 1. We would like to show you a description here but the site wont allow us. Focused on core luxury consumers broad geographical scope. The bain altagamma report on the luxury market may be hazardous to your business, cautions pam danziger of unity marketing share article american affluents enter a new age of austerity, as affluents spent nearly 25 percent less on luxury in 20 than in 2012, according to the latest luxury report 2014 from unity marketing. Global luxury goods sales growth to stabilise in 2015 bain. Although recently much has been said about the impact of the chinese governments antigraft measures on luxury demand, ledbury has consistently argued that the fundamentals of the chinese luxury market remain very attractive, given the burgeoning wealthy population. A unique perspective on the omnichannel global luxury consumer. Both kering previously known as ppr and lvmh have reported slowing. Worldwide, the personal luxury goods market experienced growth across all regions, driven. Altagammathe flagship trade association for the italian luxurygoods indus. Global luxury goods market to cool in 20 bain reuters. Euromonitor, deloitte global powers of luxury goods 2014, economist special report luxury goods 2014 9% 19% 25% 2008 20 2020 % luxury market from asia pacific, latin america, and the middle east and africa.
Number of global luxury consumers, 20 2020f rest of the world chinese rest of the world chinese 20 330m new chinese consumers 57m new consumers other nationalities m 2020f. The global luxury market exceeded 850 billion in 2014. Indeed, the travel sector grew faster than luxury goods by at least. The great mall of claudia is the lead author of the. Global personal luxury goods sales, 20142016 source. The overall luxury market encompassing both luxury goods and experiences grew by 4 percent at constant exchange rates in 2019 to an estimated 1. Overall, the luxury market grew 5% in 2018, to an estimated 1. The great mall of claudia is the lead author of the bain s yearly luxury study, developed. According to the altagamma worldwide luxury market monitor by.
Altagamma tweaks luxury sales forecasts in revised study. The remarkable growth was mainly driven by strong luxury. The consultancy, which conducted the study with italian luxury trade body altagamma, forecast global luxury goods sales would rise at a compound annual growth rate. Fondazione altagamma, worldwide luxury market monitor, october 2014 and 2015 global online sales in 2014 were around 12bn. Luxury goods worldwide market study fallwinter 2014. Bain estimates that luxury sales in india tripled between 2005 and 2012, but the overall market size is dwarfed by other asian countries, notably china. Altagamma 2015 worldwide markets monitor claudia darpizio milan, 29th october 2015. Luxury goods market will return to growth in 2017, bain.
Altagamma tweaks luxury sales forecasts in updated study its forecast for hard luxury sales in 2017 went from minus 1. The great mall of claudia is the lead author of the bains yearly luxury study, developed. Fondazione altagamma is led by andrea illy, who was named chairman in 20. Altagamma 2015 worldwide markets monitor il management. Report compiled by mediobanca research area presentation. The three biggest segments in order are cars, personal luxury goods and luxury hospitality. Bain survey of luxury goods consumer s in mainland china 20 n1,400. Mainland china luxury sales, 20 2015 218 224 253 7% 3% 3% 12% 3% % 0% 2% 4% 6% 8% 10% 12% 14% 200 210 220 230 240 260 20 2014 2015 sales billion euros yoy growth at constant exchange rate yoy growth at current exchange rate global luxury sales, 20 2015 source. Sep, 2019 bain altagamma luxury report 20 pdf manual therapy the translation was applied a set for 30 seconds for 15 sets over 10 minutes.
Luxury market 2 spotlight on china retail issue 7 luxury market 2 exhibit 1. Bain analysis 15% 14% growing luxury spend outside of mainland china, up to 67% of total spend in 20 increasing growth of overseas spendingcontinued wide price gap due to chinese tax and tariff policyrmb continue to be strong, with favorable exchange rates when. Jan 06, 2020 altagamma is the global landmark for the understanding of the luxury market. Luxury toys less dynamic than top cars, still waiting to surf a chinese wave in yachts and jets inhome luxury experiences accelerating on both high quality design and art note. Estimated value n china sales o ersnal luxury goods rse signiiantly t 20 illion euros in 201 7 reresenting a 15%. That represents % growth over 2014 at current exchange rates, while real growth at constant exchange rates has eased to only 1% to 2%. May 08, 2019 altagamma is the global landmark for the understanding of the luxury market. Luxury goods worldwide market study fall 20 en reversing the trend of recent years, the americas region is the king of the luxury goods spending hill, estimated to grow at 4% in 20 versus 2012, surpassing the estimated 2. Nevertheless, indias longterm potential has attracted a number of firms, with at kearney india estimating that almost 20 global luxury brands entered the market between 2009 and 20. Jan 22, 2019 bain altagamma luxury report 20 pdf altagamma worldwide markets monitor. Strategy consulting firm presentations mekko graphics.
1294 1147 1307 1405 659 1407 885 168 289 618 241 339 307 1252 518 173 846 1116 1404 67 381 978 1061 1133 269 1351 740 1463 1394 1025 592 894 19 941 775 1088 326 151 1059 1359 304 407 644 60