Personal Luxury Goods Market 2019-2023 | Demand for Premium Cosmetics to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the personal luxury goods market and it is poised to grow by USD 83.06 billion during 2019-2023, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. KERING, L’Oréal S.A., LVMH, Richemont, and The Estée Lauder Companies Inc. are some of the major market participants. The demand for premium cosmetics will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Demand for premium cosmetics has been instrumental in driving the growth of the market.

Personal Luxury Goods Market 2019-2023: Segmentation

Personal luxury goods market is segmented as below:

• Product
  • Accessories
  • Apparel
  • Hard Luxury
  • Cosmetics
  • Others
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Personal Luxury Goods Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our personal luxury goods market report covers the following areas:

• Personal Luxury Goods Market Size
• Personal Luxury Goods Market Trends
• Personal Luxury Goods Market Industry Analysis

This study identifies adoption of omnichannel retailing as one of the prime reasons driving the personal luxury goods market growth during the next few years.

Personal Luxury Goods Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the personal luxury goods market, including some of the vendors such as KERING, L’Oréal S.A., LVMH, Richemont, and The Estée Lauder Companies Inc. Backed with competitive intelligence and benchmarking, our research reports on the personal luxury goods market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Personal Luxury Goods Market 2019-2023: Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist personal luxury goods market growth during the next five years
• Estimation of the personal luxury goods market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the personal luxury goods market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of personal luxury goods market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

• Market segmentation by product
• Comparison by product
• Accessories - Market size and forecast 2018-2023
• Apparel - Market size and forecast 2018-2023
• Hard luxury - Market size and forecast 2018-2023
• Cosmetics - Market size and forecast 2018-2023
• Others - Market size and forecast 2018-2023
• Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 10: MARKET TRENDS

• Integration of technology
• Adoption of omni-channel retailing
• Growing trend for personalized luxury sunglasses

PART 11: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 12: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• KERING
• L’Oréal S.A.
• LVMH
• Richemont
• The Estée Lauder Companies Inc.

PART 13: APPENDIX

• Research methodology
• List of abbreviations

PART 14: EXPLORE TECHNAVIO

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