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Personal Luxury in the United Kingdom

October 2023 | 29 pages | ID: PF2AFE1D9D6EN
Euromonitor International Ltd

US$ 990.00

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Personal luxury retail value sales rose by 9% in 2023 to total GBP18.6 billion, supported by growth recorded by leading brand providers, such as Louis Vuitton UK Ltd and Chanel Ltd. 2023 value sales growth was boosted by consumers investing in luxury goods such as designer apparel and footwear (ready-to-wear) and luxury timepieces as an alternative asset class. Their value and desirability have proven resilient, making them a sought-after investment choice. Moreover, the idea that many goods suc...

Euromonitor International's Personal Luxury in United Kingdom report offers a comprehensive guide to the size and shape of the Personal Luxury market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Personal Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2027 illustrate how the market is set to change

Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Leather Goods, Luxury Timepieces, Luxury Wearables Electronics, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
  • Get a detailed picture of the Personal Luxury market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
PERSONAL LUXURY IN THE UNITED KINGDOM
KEY DATA FINDINGS
2023 DEVELOPMENTS
Personal luxury sees a rise in current retail value sales in 2023
Designer apparel and footwear (ready-to-wear) dominated by designer apparel (ready-to-wear)
Luxury eyewear sees rising value sales in 2023
Luxury jewellery retail value sales see a rise in 2023
Positive value growth for luxury leather goods
Value sales of luxury wearables electronics up on previous year
Luxury timepieces enjoys value sales increase
Value sales of writing instruments and stationery on the increase in 2023
Value of super premium beauty and personal care sees a sales rise
Louis Vuitton UK Ltd leads personal luxury in 2022
PROSPECTS AND OPPORTUNITIES
Value sales are expected to go up in 2023 constant terms over the forecast period
Designer apparel and footwear (ready-to-wear) set to remain biggest subcategory in value terms in 2028
Luxury leather goods expected to see the fastest percentage growth over the forecast period
CATEGORY DATA
Table 1 Sales of Personal Luxury by Category: Value 2018-2023
Table 2 Sales of Personal Luxury by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Personal Luxury: % Value 2018-2023
Table 4 LBN Brand Shares of Personal Luxury: % Value 2019-2023
Table 5 Distribution of Personal Luxury by Format: % Value 2018-2023
Table 6 Forecast Sales of Personal Luxury by Category: Value 2023-2028
Table 7 Forecast Sales of Personal Luxury by Category: % Value Growth 2023-2028
LUXURY GOODS IN THE UNITED KINGDOM
EXECUTIVE SUMMARY
Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2018-2023
Table 9 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 11 NBO Company Shares of Luxury Goods: % Value 2018-2022
Table 12 LBN Brand Shares of Luxury Goods: % Value 2019-2022
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 14 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources


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