Pune, Maharastra -- (SBWIRE) -- 04/10/2016 -- Growing affluence and rising consumer consciousness have ensured sustained growth in the global luxury goods market, which is helmed by personal luxury goods at the forefront. Key factors driving this growth are rise in HNWI population, increased internet penetration, rise in urban population, increased number of millionaires and a rise in ageing population.

The report provides an overview of the global luxury goods market including the key trends, growth drivers and challenges associated. In recent years, demand for luxury goods has seen a rising trend in almost all the major regions of the world. This can be attributed to onset of the digital age and growing e-commerce coupled with an expanding off-price market that has led to narrowing of income and demand gaps between consumers. High tourist spending in Asia and burgeoning tourism are other trends in the global luxury good market. However, falling commodity prices and the ongoing oil crisis have led to a downward revision of the global GDP, posing a serious challenge for luxury consumption across the globe. China's economic slowdown, geopolitical threats and financial volatility are other such factors that may affect the global luxury goods market in the years ahead.

Competition in this market is rather fragmented, with a number of companies closely competing with each other. However, Louis Vuitton-Moet Hennessey (LVMH) has persistently taken up the top spot as far as sales is concerned. Kering, Richemont, Luxottica and Hermes are closely competing. Order a copy of this luxury goods market research report at http://www.marketreportsonline.com/contacts/purchase.php?name=463720 .

The report has forecasted future trend in the global luxury goods market by combining SPSS Inc.'s data integration and analysis capabilities. Regression models have been created by employing various significant variables that have an impact on the market. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables, and tests.

List of Charts provided in this report cover:

Characteristics of Luxury Products
Distribution Channels of Luxury Goods
Global Luxury Goods Market by Value (2012-2015E)
Global Luxury Goods Market by Segment (2015E)
Personal Luxury Goods Market Revenue (2010-2015E)
Global Personal Luxury Goods Market by Category (2013-2015E)
Global Personal Luxury Goods Market by Classification (2015E)
Global Personal Luxury Goods Market by Channel (2010-2015E)
Global Personal Luxury Goods Market by Format (2015E)
Global Personal Luxury Goods Market by Pricing (2015E)
Global Personal Luxury Goods Market by Nationality (2014-2015E)
Global Personal Luxury Goods Market by Shopper Type (2015E)
Global Personal Luxury Goods Market by Region (2015E)
The Americas Personal Luxury Goods Market Revenue (2013-2015E)
Europe's Personal Luxury Goods Market Revenue (2010-2015E)
Middle-East Personal Luxury Goods Market Revenue (2013-2015E)
Africa's Personal Luxury Goods Market Revenue (2013-2015E)
Mainland China's Personal Luxury Goods Market Revenue (2013-2015E)
Hong Kong & Macau Personal Luxury Goods Market Revenue (2013-2015E)
Japan's Personal Luxury Goods Market Revenue (2013-2015E)
Australia's Personal Luxury Goods Market Revenue (2013-2015E)
Global Luxury Cars Market Revenue (2010-2015E)
Global Luxury Cars Market by Segment (2015E)
Global Luxury Food Market Revenue (2012-2015E)
Global Luxury Food Market by Segment (2015E)
Luxury Spirits Market Revenue (2012-2015E)
Global Luxury Spirits Market by Segment (2015E)
Global Luxury Cruises Market Revenue (2012-2015E)
Yacht & Private Jets Market Revenue (2012-2015E)
Luxury Demand as Percentage of GDP (2010-2014)
Luxury Domestic and Tourist Demand by Region (2014)
International Tourism Expenditure by Country (2014)
High Net-Worth Individuals Spending Pattern (2014)
Global Middle Class Population by Country (2015)
Global Personal Luxury Goods Market by Sales Format (2015E)
Global Off-Price Personal Luxury Goods Market by Category (2015E)
Global HNWI Population (2010-2014)
Global Internet Users (2010-2015E)
Global Urban Population (2010-2014)
Percentage Increase in the Number of Millionaires (2015-2020E)
Global Population Over 50 Years of Age (2010-2015E)
Global Gross Domestic Product (2010-2015E)
China's GDP Growth (2010-2014)
Global Luxury Goods Top Companies Revenue Comparison (2014)
Global Rough Diamond Sales Share by Company (2014)
Luxury Eyewear Market Share by Company (2014)
LVMH's Revenue Share by Business Segment (2014)
LVMH's Revenue Share by Geographic Region (2014)
LVMH's Revenues and Net Income (2010-2015)
Kering's Revenue Share by Business Segment (2015)
Kering's Revenue Share by Geographic Region (2015)
Kering's Revenues and Net Income (2010-2015)
Richemont's Revenue Share by Segments (2015)
Richemont's Revenue Share by Geographic Region (2015)
Richemont's Revenues and Net Income (2010-2015)
Luxottica's Revenue Share by Geographic Region (2014)
Luxottica's Revenue and Net Income (2010-2014)
Global Personal Luxury Market Forecast (2014-2018F)

Comprehensive table of contents and more on this luxury goods market report is available at http://www.marketreportsonline.com/463720-toc.html .

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