Profile image
Story Views

Last Hour:
Last 24 Hours:

Personal Luxury Goods Market Research Report Analysis To 2021

Wednesday, February 22, 2017 6:03
% of readers think this story is Fact. Add your two cents.

Market Research analysts forecast the global personal luxury goods market to grow at a CAGR of 3.71% during the period 2017-2021.

According to the report, one of the major drivers for this market is rising tourist spending. Luxury tourism spending has been one of the major growth contributors in the market. At a global level, the US and European countries are considered to be the major destinations for luxury tourism. The non-availability of many luxury products and brands or the high prices of the available ones in their home regions drive many South and Central American and Asian customers to European countries.

Download Sample Report @

Further, the report states that one of the major factors hindering the growth of this market is presence of counterfeit products. With the growing demand for leather fashion products, manufacturers are finding difficulty in dealing with counterfeit products. Counterfeit products not only affect the actual brands in terms of revenue, but also negatively affect the goodwill of original brands.

About Personal Luxury Goods

The global personal luxury goods market has been registering positive growth over the last few years and is shaping up to become one of the top competitive markets at a global level. With the rise in globalization, ample growth opportunities are being created in the market. 

Complete Report Details @

Covered in this report 

The report covers the present scenario and the growth prospects of the global personal luxury goods market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of personal luxury goods to individual customers.

The market is divided into the following segments based on geography: 

Global Personal Luxury Goods Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
Estée Lauder
The Swatch Group

Other prominent vendors 
Giorgio Armani
Kate Spade
Nina Ricci
Valentino Fashion Group
Ralph Lauren
VF Corporation

Market driver 
Rising tourist spending
For a full, detailed list, view our report 

Market challenge 
Presence of counterfeit products
For a full, detailed list, view our report 

Market trend 
Omni-channel distribution
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors? 

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.


To Get Purchase Full Report @

For more information, please visit

For more information content with us;

Sam Collins


Market Reports Center 1-646-883-3044 (US)



We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.