Posted by Abhishek Budholiya on 6:24 AM with No comments
Market Research Reports.Biz announces addition of new report “ Global Luxury Goods Market 2014 ” to its database.
Luxury goods refer to products which are commonly characterized by their premium quality, craftsmanship, recognizably, exclusivity and reputation. These high-end goods tend to satisfy sociology-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, has been seen since many centuries. In economic terms, luxury goods are the ones for which the law of demand is reverse i.e. the demand for such products increases with price.
Visit Analysis Report: Global Luxury Goods Market 2014
Economic growth worldwide, rising income and wealth levels, consumption of luxury goods by middle class population and continuous global urbanization are fueling the development of the global luxury goods market. The growth of the luxury market had high correlation with macro indicators, such as real GDP, tourist arrivals, wealth, and disposable income. 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 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. Further, men are increasing their contribution to this market by making more online purchases.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables affecting this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Table of Content
1. Market Overview
1.2 Types of Luxury
1.3 Channels of Distribution
2. Market Size
2.1 Global Luxury Goods Market
2.1.1 Luxury Goods Market: e-Commerce Channel
2.1.2 Luxury Goods Market: Retail vs. Wholesale
2.2.2 Luxury Cars
2.2.3 Wines, Spirits and Cognac
3. Market Dynamics
3.1 Key Trends
3.1.1 Luxury Tourism
3.1.2 Dynamic Gender Preferences
3.2 Growth Drivers
4. Competitive Landscape
5. Company Profiles
5.1 LVMH Moet Hennessy Louis Vuitton
5.1.1 Business Overview
5.1.2 Financial Overview
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
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