Luxury Goods By Country
The United States is projected to be the market leader in personal luxury goods with a revenue of about 83.3 billion US dollars, followed by China.
In building the Global Residence Index ranking we chose three pillars of the luxury goods industry. Each is well established and marketed in their category.
Jun 26, 2023 — According to analysts from Morgan Stanley, South Korea’s spend on luxury goods saw a 24% increase in 2022 to €15.4 billion or about €300 per …
Top Countries: The highest percentage of luxury companies originate in Italy, followed by the U.S.. Mainland China takes third place, heralding its increasingly …
In 2022, the luxury goods market experienced diverse growth rates: Europe at 27%, the Americas at 25%, Asia (excluding Japan, including India) at 15%, Japan at …
European market still dominates in the fashion industry, with the majority of the top luxury goods companies headquartered in UK, Italy, France, and Switzerland …
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises.
Market · Luxury brands · Luxury boutiques · Luxury department stores
Oct 5, 2023 — South Koreans continue to stand out as the largest spenders of luxury goods in the world, ranking first globally in per capita spending in 2022.