The US Personal Luxury Goods Market Expected to Grow at a CAGR of 5.00% During 2014-2019: ResearchMoz
Personal luxury goods include luxury items used for personal use. Luxury could be defined by different individuals differently based on perceptions about products which could give them comfort and pleasure. On a larger scale, luxury is sometimes defined as products that have quality and have a high value attached to them. Luxury goods are products and services that are associated with affluence. The demand for luxury goods tends to increase more than proportionately as the income of an individual increases....
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