Global Luxury Goods Market (Sales, Revenue, Price, Gross Profit and Competitors Analysis of Major Market) from 2016-2027
- Published Date: 2021-03-14
- Report ID: 65884
- Pages: 115
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Format:
Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. Prudent Markets published a report for global Luxury Goods market in this environment.
In terms of revenue, this research report indicated that the global Luxury Goods market was valued at USD XXX million in 2020, and it is expected to reach a value of USD XXX million by 2027, at a CAGR of XX % over the forecast period 2021-2027. Correspondingly, the forecast analysis of Luxury Goods industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Bentley aims at producing XX K Units Luxury Goods in 2020, with XX % production to take place in global market, Rolls-Royce accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2026-2027) of Luxury Goods Market by Prudent Markets Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Luxury Goods Market
Bentley
Rolls-Royce
Maybach
Lagonda
Benetton Group
Bulgari
Burberry Group
Chanel
Coach
Diesel
Dolce & Gabbana
Elizabeth Arden
...
Major Type of Luxury Goods Covered in Prudent Markets report:
luxury hospitality
personal luxury goods
luxury cars
Application Segments Covered in Prudent Markets Market
Man
Woman
Application 3
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Table of Contents
Global Luxury Goods Market Analysis 2021, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 luxury hospitality -Product Introduction and Major Manufacturers
1.1.2 personal luxury goods -Product Introduction and Major Manufacturers
1.1.3 luxury cars -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Luxury Goods Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2026-2027)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2026-2027)
2.3 Application Breakdown Estimates & Forecast, by Application (2026-2027)
3 Regional Market Analysis
3.1 China Luxury Goods Market
3.1.1 Top Companies leading Luxury Goods Development in China (2016-2021)
3.1.2 Sales Value of Major Company in China Market (2016-2021)
3.1.3 China Luxury Goods Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2026-2027)
3.2 EU Luxury Goods Market
3.2.1 Top Companies leading Luxury Goods Development in EU (2016-2021)
3.2.2 Sales Value of Major Company in EU Market (2016-2021)
3.2.3 EU Luxury Goods Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2026-2027)
3.3 USA Luxury Goods Market
3.3.1 Top Companies leading Luxury Goods Development in USA (2016-2021)
3.3.2 Sales Value of Major Company in USA Market (2016-2021)
3.3.3 USA Luxury Goods Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2026-2027)
3.4 Japan Luxury Goods Market
3.4.1 Top Companies leading Luxury Goods Development in Japan (2016-2021)
3.4.2 Sales Value of Major Company in Japan Market (2016-2021)
3.4.3 Japan Luxury Goods Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2026-2027)
3.5 India Luxury Goods Market
3.5.1 Top Companies leading Luxury Goods Development in India (2016-2021)
3.5.2 Sales Value of Major Company in India Market (2016-2021)
3.5.3 India Luxury Goods Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2026-2027)
3.6 Southeast Asia Luxury Goods Market
3.6.1 Top Companies leading Luxury Goods Development in Southeast Asia (2016-2021)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2016-2021)
3.6.3 Southeast Asia Luxury Goods Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2026-2027)
3.7 South America Luxury Goods Market
3.7.1 Top Companies leading Luxury Goods Development in South America (2016-2021)
3.7.2 Sales Value of Major Company in South America Market (2016-2021)
3.7.3 South America Luxury Goods Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2026-2027)
4 Value Chain (Impact of COVID-19)
4.1 Luxury Goods Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Luxury Goods Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2027)
5.1 Global Luxury Goods Sales and Growth Rate (2021-2027)
5.2 Global Luxury Goods Sales Value and Growth Rate (2021-2027)
6 Luxury Goods Competitive Analysis
6.1 Bentley
6.1.1 Bentley Company Profiles
6.1.2 Bentley Product Introduction
6.1.3 Bentley Luxury Goods Production, Revenue (2016-2021)
6.1.4 SWOT Analysis
6.2 Rolls-Royce
6.2.1 Rolls-Royce Company Profiles
6.2.2 Rolls-Royce Product Introduction
6.2.3 Rolls-Royce Luxury Goods Production, Revenue (2016-2021)
6.2.4 SWOT Analysis
6.3 Maybach
6.3.1 Maybach Company Profiles
6.3.2 Maybach Product Introduction
6.3.3 Maybach Luxury Goods Production, Revenue (2016-2021)
6.3.4 SWOT Analysis
6.4 Lagonda
6.4.1 Lagonda Company Profiles
6.4.2 Lagonda Product Introduction
6.4.3 Lagonda Luxury Goods Production, Revenue (2016-2021)
6.4.4 SWOT Analysis
6.5 Benetton Group
6.5.1 Benetton Group Company Profiles
6.5.2 Benetton Group Product Introduction
6.5.3 Benetton Group Luxury Goods Production, Revenue (2016-2021)
6.5.4 SWOT Analysis
6.6 Bulgari
6.6.1 Bulgari Company Profiles
6.6.2 Bulgari Product Introduction
6.6.3 Bulgari Luxury Goods Production, Revenue (2016-2021)
6.6.4 SWOT Analysis
6.7 Burberry Group
6.7.1 Burberry Group Company Profiles
6.7.2 Burberry Group Product Introduction
6.7.3 Burberry Group Luxury Goods Production, Revenue (2016-2021)
6.7.4 SWOT Analysis
6.8 Chanel
6.8.1 Chanel Company Profiles
6.8.2 Chanel Product Introduction
6.8.3 Chanel Luxury Goods Production, Revenue (2016-2021)
6.8.4 SWOT Analysis
6.9 Coach
6.9.1 Coach Company Profiles
6.9.2 Coach Product Introduction
6.9.3 Coach Luxury Goods Production, Revenue (2016-2021)
6.9.4 SWOT Analysis
6.10 Diesel
6.10.1 Diesel Company Profiles
6.10.2 Diesel Product Introduction
6.10.3 Diesel Luxury Goods Production, Revenue (2016-2021)
6.10.4 SWOT Analysis
6.11 Dolce & Gabbana
6.12 Elizabeth Arden
7 Conclusion
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