AMA Research & Media LLP

Luxury Fashion Market Growing Popularity and Emerging Trends in the Industry Global Analysis by Key Players to 2024

 

Edison, NJ -- (SBWIRE) -- 07/26/2019 -- AMA recently published a detailed study of over 180+ pages in its database on 'Luxury Fashion' market covering interesting aspects of market with supporting development scenario ranging from 2013-2025. The study not just provides market size break-up by revenue and volume* for potential countries and important business segments but also commentary on trending factors, growth drivers. Profiled players in study from the coverage used under bottom-up approach are Louis Vuitton (France), Hermes (Germany), Gucci (Italy), Chanel (France), Rolex (UK), Cartier (France), Prada (Italy).

Gucci bags, Rolex watches, Versace gowns etc. are the brands and fashion luxury products that signify money and status representing the Global Luxury Fashion Market. Luxury Fashion market has been in constant growth phase over the past several years. China is the largest consumer of luxury goods contributing 30% of the market share. ‘Luxury’ is a representation of what society determines this concept is. Luxury Fashion is defined as an established image in the mind of consumers that comprises association about a strong degree of exclusiveness, extraordinariness, superiority, aesthetics, rarity, price, and quality. Fashion brands are steady to adopt e-commerce while shoppers are more comfortable in buying high-end stuff online. With online collaboration, fashion companies have experienced a major decline in brick-and-mortar traffic resulting in reduced store operating costs, innovation in-store experience and re-evaluated store networks to attract customers.

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Market Segmentation
by Type (Clothing, Accessories, Footwear, Cosmetics, Others), Application (Male, Female, Children), Mode of Sale (Retail, Online), Distribution channel (Mono brand Stores, Department Stores, E-Commerce, Multi brand Boutiques, Airport)

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What's Trending in Market:
Chinese luxury consumers as “mix and match” shoppers, mixing high end-fashion with lower end premium products. This trend is expected to reach a billion people in China and India in the forecast period
Growth in Online Sales due to the increasing number of online portals and their popularity.

Growth Drivers: Rapid digital transformation and high-end traditional brands
Evolving consumer preferences and increasing disposable income
The shift in prices of luxury apparel and footwear’s due to the increasing standard of living
Increasing demand for imported products.

Restraints: Uncertainty in the economic situation is the major factors that could hamper the market
Currency fluctuations and less number of brand outlets in developing countries.

View Detailed Table of Content @ https://www.advancemarketanalytics.com/reports/73503-global-luxury-fashion-market

Country level Break-up includes:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)
Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)

Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Global Luxury Fashion Market Size
2.2 Luxury Fashion Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Global Luxury Fashion Market Size by Manufacturers
3.2 Global Luxury Fashion Key Players Head office and Area Served
3.3 Key Players Product/Solution/Service
3.4 Enter barriers in Luxury Fashion Market
3.5 Mergers, Acquisitions, Expansion Plans
4 Luxury Fashion Market by Product
4.1 Global Luxury Fashion Sales by Product
4.2 Global Luxury Fashion Revenue by Product
4.3 Global Luxury Fashion Price by Product
5 Luxury Fashion Market by End User
5.1 Overview
5.2 Luxury Fashion by End User

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