Personal Luxury Goods Market in the US 2015-2019 Size and Share Published in 2015-10-28 Available for US$ 2500 at Researchmoz.us
Description
About personal luxury goods
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. However, with booming availability and accessibility of products at a lower price point and mass distribution, the concept of luxury goods has been refined. As economy grows, the personal luxury goods, which cover half of the luxury goods, are seeing a growing demand.
Technavios analysts forecast the personal luxury goods market in the US to grow at a CAGR of 5.00% during 2014-2019.
Covered in this report
The market is divided into the following segments based on product:
Apparel
Accessories
Hard luxury
Fragrances and cosmetics
Others
Technavio's report, Personal Luxury Goods Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also 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.
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