Globally, the Market for Luxury Fashion has been increasing due to changing consumption patterns and growing demand for new designs and brands. Growing brand awareness and discounts on big brands online considerably supported the luxury fashion market. Hence, Global Luxury Fashion Market is expected to grow at CAGR over 5% from 2016 to 2022.
- Secondary data reveals that among the various market segments accessories specifically watches and jewelry witnessed highest growth followed by clothing in the last few years
- Clothing and accessories dominates the luxury fashion market both in market volume
- Rise in women working population across the world has boosted the luxury fashion product sales to a greater extent, traction for branded items, rise in disposable incomes continue to support growth of the luxury fashion market
The Key Players profiled in Luxury Fashion Market are Louis Vuitton, Hermès, Gucci, Chanel, Rolex, Cartier, Prada, Burberry, Michael Kors, Tiffany, Zara, and Dolce & Gabbana.
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- Personal Luxury Clothing manufacturers
- Accessories manufacturers
- Retailers, wholesalers
- E-commerce companies
- Traders, Importers and exporters
Study Objectives of Report:
- Deep dive study for segments and sub-segments
- To estimate market size by type, and distribution channel
- To understand the supply and demand dynamics including supply and consumption concentration mapping
- To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
- Competitive landscaping evaluating key strategies taken by top players in the market
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Reasons to Buy this Report:
- This report includes in-depth study of luxury fashion market and its segments and sub-segments.
- It covers market segmentation by type, and distribution channel
- It helps in identifying major consumption patterns in different market segments
- The report will provide useful and premium insights that will support in investments for luxury fashion and allied companies providing details on the fast growing segments and regions
- In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report
- The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and also supported by authentic industry data from secondary sources
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