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Asia-Pacific Luxury Goods Market: Trends and Opportunities (2013-2018)
M2 - Wed Oct 30, 5:19AM CDT
Research and Markets (http://www.researchandmarkets.com/research/f2qvcp/asiapacific) has announced the addition of the "Asia-Pacific Luxury Goods Market: Trends and Opportunities (2013-2018)" report to their offering. Luxury goods refer to products which are commonly characterized by premium quality, craftsmanship, recognizability, exclusivity and reputation. These high-end goods tend to satisfy socio-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, etc. has been witnessed in the market. Asia, particularly China, has been the engine and facilitator for the growth of the luxury goods market for several years particularly for products, accessories and hard luxury items such as watches and jewelry. The Asia Pacific region currently accounts for over two-thirds of global luxury goods market and the region is expected to account for nearly half of total global luxury goods sales in coming years. Factors driving growth of luxury goods market in Asia Pacific region are an increase in number of high net worth individuals in the region, consumption of luxury goods by middle class population and increasing internet penetration boosting e-commerce of luxury goods. In recent years, smaller Asian economies have also been showing rise in number of millionaires. However, counterfeiting of luxury goods and high import duties/tariffs in Asia Pacific region poses challenge to industry's growth in the region. Major trends prevailing in luxury goods market of Asia Pacific region are luxury tourism, expansion of luxury retailers to lower tier cities of the region and upcoming affordable luxury' segment. The report titled Asia-Pacific Luxury Goods Market: Trends and Opportunities (2013-2018) provides an in-depth analysis of major luxury goods market of the Asia Pacific region such as Japan, China, South Korea and India. The report assesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecast period (2013-18). Further, key players of the luxury goods market are analyzed in the report. Key Topics Covered 1. Executive Summary 2. Luxury Goods: An Introduction 3. Asia Pacific Luxury Goods Market: An Analysis 3.1 Overview 3.2 Sizing and Growth (Actual and Forecast) 4. Asia-Pacific Luxury Goods Market: Regional Analysis 5. Asia-Pacific Luxury Goods Market: Growth Drivers & Challenges 5.1 Growth Drivers 5.2 Challenges 6. Asia-Pacific Luxury Goods Market: Market Trends 6.1 Affordable Luxury' Segment 6.2 Luxury Tourism 6.3 Luxury retailers expanding to lower-tier cities 7. Asia-Pacific Luxury Goods Market: Competitive Landscape 8. Asia-Pacific Luxury Goods Market: Company Analysis Companies Mentioned - Compagnie Financiere Richemont - Herm?s International - Kering - LVMH Moet Hennessy Louis Vuitton For more information visit http://www.researchandmarkets.com/research/f2...siapacific About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Asia-Pacific Luxury Goods Market: Trends and Opportunities (2013-2018)
M2 - Wed Oct 30, 5:19AM CDT
Research and Markets (http://www.researchandmarkets.com/research/f2qvcp/asiapacific) has announced the addition of the "Asia-Pacific Luxury Goods Market: Trends and Opportunities (2013-2018)" report to their offering. Luxury goods refer to products which are commonly characterized by premium quality, craftsmanship, recognizability, exclusivity and reputation. These high-end goods tend to satisfy socio-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, etc. has been witnessed in the market. Asia, particularly China, has been the engine and facilitator for the growth of the luxury goods market for several years particularly for products, accessories and hard luxury items such as watches and jewelry. The Asia Pacific region currently accounts for over two-thirds of global luxury goods market and the region is expected to account for nearly half of total global luxury goods sales in coming years. Factors driving growth of luxury goods market in Asia Pacific region are an increase in number of high net worth individuals in the region, consumption of luxury goods by middle class population and increasing internet penetration boosting e-commerce of luxury goods. In recent years, smaller Asian economies have also been showing rise in number of millionaires. However, counterfeiting of luxury goods and high import duties/tariffs in Asia Pacific region poses challenge to industry's growth in the region. Major trends prevailing in luxury goods market of Asia Pacific region are luxury tourism, expansion of luxury retailers to lower tier cities of the region and upcoming affordable luxury' segment. The report titled Asia-Pacific Luxury Goods Market: Trends and Opportunities (2013-2018) provides an in-depth analysis of major luxury goods market of the Asia Pacific region such as Japan, China, South Korea and India. The report assesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecast period (2013-18). Further, key players of the luxury goods market are analyzed in the report. Key Topics Covered 1. Executive Summary 2. Luxury Goods: An Introduction 3. Asia Pacific Luxury Goods Market: An Analysis 3.1 Overview 3.2 Sizing and Growth (Actual and Forecast) 4. Asia-Pacific Luxury Goods Market: Regional Analysis 5. Asia-Pacific Luxury Goods Market: Growth Drivers & Challenges 5.1 Growth Drivers 5.2 Challenges 6. Asia-Pacific Luxury Goods Market: Market Trends 6.1 Affordable Luxury' Segment 6.2 Luxury Tourism 6.3 Luxury retailers expanding to lower-tier cities 7. Asia-Pacific Luxury Goods Market: Competitive Landscape 8. Asia-Pacific Luxury Goods Market: Company Analysis Companies Mentioned - Compagnie Financiere Richemont - Herm?s International - Kering - LVMH Moet Hennessy Louis Vuitton For more information visit http://www.researchandmarkets.com/research/f2...siapacific About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
