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Luxury Goods in France

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LUXURY GOODS IN FRANCE

    Euromonitor International

      February 2019

        LIST OF CONTENTS AND TABLES

          Executive Summary

            the Return of Wealthy Tourists Boosts Luxury Goods Industry

              Experiential Luxury Sales Grow

                German Manufacturers Boost the Luxury Cars Category

                  Digital Consumers and Omnichannel Strategies

                    the Outlook Remains Largely Positive for All Categories

                      Market Indicators

                        Table 1 Number of High Net Worth Individuals (HNWI): 2013-2018

                          Market Data

                            Table 2 Sales of Luxury Goods by Category: Value 2013-2018

                              Table 3 Sales of Luxury Goods by Category: % Value Growth 2013-2018

                                Table 4 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018

                                  Table 5 NBO Company Shares of Luxury Goods: % Value 2013-2017

                                    Table 6 LBN Brand Shares of Luxury Goods: % Value 2014-2017

                                      Table 7 Distribution of Luxury Goods by Format and Category: % Value 2018

                                        Table 8 Forecast Sales of Luxury Goods by Category: Value 2018-2023

                                          Table 9 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023

                                            Sources

                                              Summary 1 Research Sources

                                                Headlines

                                                  Prospects

                                                    Hospitality - A New Trend for Fashion Luxury Houses

                                                      Luxury Foodservice Blends in With French Tradition of Gastronomy

                                                        Gourmet Stores Also Provide A Taste of Experiential Luxury

                                                          Competitive Landscape

                                                            Armani Is the First Luxury House To Establish Itself Into Hospitality in France

                                                              Other Fashion Powerhouses Became Luxury Food Players in France

                                                                More Fashion House Restaurants Are Expected To Open

                                                                  Category Data

                                                                    Table 10 Sales in Luxury Foodservice: Value 2013-2018

                                                                      Table 11 Sales in Luxury Foodservice: % Value Growth 2013-2018

                                                                        Table 12 NBO Company Shares in Luxury Foodservice: % Value 2013-2017

                                                                          Table 13 LBN Brand Shares in Luxury Foodservice: % Value 2014-2017

                                                                            Table 14 Forecast Sales in Luxury Foodservice: Value 2018-2023

                                                                              Table 15 Forecast Sales in Luxury Foodservice: % Value Growth 2018-2023

                                                                                Headlines

                                                                                  Prospects

                                                                                    the French Hotel Industry Is Far From Recovery Following Terrorist Attacks

                                                                                      Presence of Luxury Hotels Is on the Rise

                                                                                        Over-reliance on Luxury Clientele Can Backfire

                                                                                          Competitive Landscape

                                                                                            Accordhotels Groups Leads Amongst Domestic Luxury Hotels

                                                                                              Luxury Hotels Invest Millions of Euros in Upgrades and To Increase Attractiveness

                                                                                                Competition From Airbnb Increases Pressure on Hospitality Market

                                                                                                  Category Data

                                                                                                    Table 16 Sales in Luxury Hotels: Value 2013-2018

                                                                                                      Table 17 Sales in Luxury Hotels: % Value Growth 2013-2018

                                                                                                        Table 18 Sales in Luxury Hotels by Country of Origin: % Value 2013-2017

                                                                                                          Table 19 NBO Company Shares in Luxury Hotels: % Value 2013-2017

                                                                                                            Table 20 LBN Brand Shares in Luxury Hotels: % Value 2014-2017

                                                                                                              Table 21 Forecast Sales in Luxury Hotels: Value 2018-2023

                                                                                                                Table 22 Forecast Sales in Luxury Hotels: % Value Growth 2018-2023

                                                                                                                  Headlines

                                                                                                                    Prospects

                                                                                                                      Fine Wines/champagne and Spirits Grow in Value

                                                                                                                        Distribution Channels Performing Well

                                                                                                                          Further Growth Expected in the Forecast Period

                                                                                                                            Competitive Landscape

                                                                                                                              Groupe Pernod Ricard Leads Luxury Drinks

                                                                                                                                Multinational Groups Are Key Players in A Highly Competitive and Fragmented Category

                                                                                                                                  Players Need To Adjust To Changing Tastes

                                                                                                                                    Category Data

                                                                                                                                      Table 23 Sales of Fine Wines/Champagne and Spirits by Category: Value 2013-2018

                                                                                                                                        Table 24 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2013-2018

                                                                                                                                          Table 25 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2013-2017

                                                                                                                                            Table 26 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2014-2017

                                                                                                                                              Table 27 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2013-2018

                                                                                                                                                Table 28 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023

                                                                                                                                                  Table 29 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023

                                                                                                                                                    Headlines

                                                                                                                                                      Prospects

                                                                                                                                                        Car Culture in France Remains Associated With Social Inequality

                                                                                                                                                          New Tax on Supercars

                                                                                                                                                            Competitive Landscape

                                                                                                                                                              German Manufacturers Dominate

                                                                                                                                                                Tesla's High-end Electric Vehicles Struggle To Scale Up

                                                                                                                                                                  Hybrid Technology Answers Demand for Eco-friendly Luxury Cars

                                                                                                                                                                    Category Data

                                                                                                                                                                      Table 30 Sales of Luxury Cars: Value 2013-2018

                                                                                                                                                                        Table 31 Sales of Luxury Cars: % Value Growth 2013-2018

                                                                                                                                                                          Table 32 NBO Company Shares of Luxury Cars: % Value 2013-2017

                                                                                                                                                                            Table 33 LBN Brand Shares of Luxury Cars: % Value 2014-2017

                                                                                                                                                                              Table 34 Forecast Sales of Luxury Cars: Value 2018-2023

                                                                                                                                                                                Table 35 Forecast Sales of Luxury Cars: % Value Growth 2018-2023

                                                                                                                                                                                  Headlines

                                                                                                                                                                                    Prospects

                                                                                                                                                                                      the Return of Wealthy Tourists Boosts the Personal Luxury Category

                                                                                                                                                                                        the Quest for Millennials Through Digitalisation and Collaboration

                                                                                                                                                                                          Competitive Landscape

                                                                                                                                                                                            LVMH Remains World's Number One

                                                                                                                                                                                              Richemont Leads in Luxury Jewellery and Timepieces

                                                                                                                                                                                                Kering Continues Its Stellar Performance

                                                                                                                                                                                                  Category Data

                                                                                                                                                                                                    Table 36 Sales of Personal Luxury by Category: Value 2013-2018

                                                                                                                                                                                                      Table 37 Sales of Personal Luxury by Category: % Value Growth 2013-2018

                                                                                                                                                                                                        Table 38 NBO Company Shares of Personal Luxury: % Value 2013-2017

                                                                                                                                                                                                          Table 39 LBN Brand Shares of Personal Luxury: % Value 2014-2017

                                                                                                                                                                                                            Table 40 Forecast Sales of Personal Luxury by Category: Value 2018-2023

                                                                                                                                                                                                              Table 41 Forecast Sales of Personal Luxury by Category: % Value Growth 2018-2023

                                                                                                                                                                                                                Headlines

                                                                                                                                                                                                                  Prospects

                                                                                                                                                                                                                    Renewed Sales Growth Pushed by Increased Tourism

                                                                                                                                                                                                                      Under Millennials' Influence, Category Sales Buoyed by Online Purchasing

                                                                                                                                                                                                                        Men's Apparel Is at the Heart of All Major Luxury Designers' Strategy

                                                                                                                                                                                                                          Competitive Landscape

                                                                                                                                                                                                                            Kering's Gucci and Balenciaga Enjoy A Fabulous Year

                                                                                                                                                                                                                              Demand for Second-hand Luxury Is on the Rise

                                                                                                                                                                                                                                Luxury Brands Are Testing New Alliances With Pure Players

                                                                                                                                                                                                                                  Category Data

                                                                                                                                                                                                                                    Table 42 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2013-2018

                                                                                                                                                                                                                                      Table 43 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2013-2018

                                                                                                                                                                                                                                        Table 44 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2013-2017

                                                                                                                                                                                                                                          Table 45 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2014-2017

                                                                                                                                                                                                                                            Table 46 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2013-2018

                                                                                                                                                                                                                                              Table 47 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2018-2023

                                                                                                                                                                                                                                                Table 48 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2018-2023

                                                                                                                                                                                                                                                  Headlines

                                                                                                                                                                                                                                                    Prospects

                                                                                                                                                                                                                                                      Reste à charge Zéro Could Impact Luxury Spectacle Frames Negatively

                                                                                                                                                                                                                                                        Shifting Retail Landscape

                                                                                                                                                                                                                                                          Luxury Sunglasses A More Accessible Option

                                                                                                                                                                                                                                                            Competitive Landscape

                                                                                                                                                                                                                                                              Luxottica Dominates Luxury Eyewear

                                                                                                                                                                                                                                                                the Luxottica-essilor Merger Changes the Landscape

                                                                                                                                                                                                                                                                  Dior Establishes Its First Optical Shop in Paris

                                                                                                                                                                                                                                                                    Category Data

                                                                                                                                                                                                                                                                      Table 49 Sales of Luxury Eyewear by Category: Value 2013-2018

                                                                                                                                                                                                                                                                        Table 50 Sales of Luxury Eyewear by Category: % Value Growth 2013-2018

                                                                                                                                                                                                                                                                          Table 51 NBO Company Shares of Luxury Eyewear: % Value 2013-2017

                                                                                                                                                                                                                                                                            Table 52 LBN Brand Shares of Luxury Eyewear: % Value 2014-2017

                                                                                                                                                                                                                                                                              Table 53 Distribution of Luxury Eyewear by Format: % Value 2013-2018

                                                                                                                                                                                                                                                                                Table 54 Forecast Sales of Luxury Eyewear by Category: Value 2018-2023

                                                                                                                                                                                                                                                                                  Table 55 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2018-2023

                                                                                                                                                                                                                                                                                    Headlines

                                                                                                                                                                                                                                                                                      Prospects

                                                                                                                                                                                                                                                                                        Negative Impact of Ceiling of Payment and New Tax on Luxury Goods

                                                                                                                                                                                                                                                                                          Luxury Costume Jewellery Regains Fashionable Image

                                                                                                                                                                                                                                                                                            Some Niche Potential for Men's Fine Luxury Jewellery

                                                                                                                                                                                                                                                                                              Competitive Landscape

                                                                                                                                                                                                                                                                                                Cartier Maintains Its Lead in Luxury Jewellery

                                                                                                                                                                                                                                                                                                  Swarovski Continues To Attract Interest

                                                                                                                                                                                                                                                                                                    Mauboussin Records Spectacular Sales Growth in 2017

                                                                                                                                                                                                                                                                                                      Category Data

                                                                                                                                                                                                                                                                                                        Table 56 Sales of Luxury Jewellery by Category: Value 2013-2018

                                                                                                                                                                                                                                                                                                          Table 57 Sales of Luxury Jewellery by Category: % Value Growth 2013-2018

                                                                                                                                                                                                                                                                                                            Table 58 NBO Company Shares of Luxury Jewellery: % Value 2013-2017

                                                                                                                                                                                                                                                                                                              Table 59 LBN Brand Shares of Luxury Jewellery: % Value 2014-2017

                                                                                                                                                                                                                                                                                                                Table 60 Distribution of Luxury Jewellery by Format: % Value 2013-2018

                                                                                                                                                                                                                                                                                                                  Table 61 Forecast Sales of Luxury Jewellery by Category: Value 2018-2023

                                                                                                                                                                                                                                                                                                                    Table 62 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2018-2023

                                                                                                                                                                                                                                                                                                                      Headlines

                                                                                                                                                                                                                                                                                                                        Prospects

                                                                                                                                                                                                                                                                                                                          Luxury Leather Goods Sales To Recover From Severe 2016 Slide

                                                                                                                                                                                                                                                                                                                            Men's Luxury Bags To Record Higher Growth Than Women's Luxury Bags

                                                                                                                                                                                                                                                                                                                              Millennials Are the Key Target Audience All Brands Are Vying for

                                                                                                                                                                                                                                                                                                                                Competitive Landscape

                                                                                                                                                                                                                                                                                                                                  Louis Vuitton Malletier Leads Luxury Leather Goods

                                                                                                                                                                                                                                                                                                                                    French Manufacturer Longchamp's Reputation Remains Unscathed

                                                                                                                                                                                                                                                                                                                                      Lancel Sold To Piquadro

                                                                                                                                                                                                                                                                                                                                        Category Data

                                                                                                                                                                                                                                                                                                                                          Table 63 Sales of Luxury Leather Goods: Value 2013-2018

                                                                                                                                                                                                                                                                                                                                            Table 64 Sales of Luxury Leather Goods: % Value Growth 2013-2018

                                                                                                                                                                                                                                                                                                                                              Table 65 NBO Company Shares of Luxury Leather Goods: % Value 2013-2017

                                                                                                                                                                                                                                                                                                                                                Table 66 LBN Brand Shares of Luxury Leather Goods: % Value 2014-2017

                                                                                                                                                                                                                                                                                                                                                  Table 67 Distribution of Luxury Leather Goods by Format: % Value 2013-2018

                                                                                                                                                                                                                                                                                                                                                    Table 68 Forecast Sales of Luxury Leather Goods: Value 2018-2023

                                                                                                                                                                                                                                                                                                                                                      Table 69 Forecast Sales of Luxury Leather Goods: % Value Growth 2018-2023

                                                                                                                                                                                                                                                                                                                                                        Headlines

                                                                                                                                                                                                                                                                                                                                                          Prospects

                                                                                                                                                                                                                                                                                                                                                            Increasing Threat To Future Growth of Luxury Mobile Phones

                                                                                                                                                                                                                                                                                                                                                              Lack of Autonomy and Planned Obsolescence

                                                                                                                                                                                                                                                                                                                                                                Luxury Wearables' Popularity Grows

                                                                                                                                                                                                                                                                                                                                                                  Competitive Landscape

                                                                                                                                                                                                                                                                                                                                                                    Luxury Mobile Phone Leader Vertu Collapses

                                                                                                                                                                                                                                                                                                                                                                      Growing Number of Players in Luxury Wearables

                                                                                                                                                                                                                                                                                                                                                                        Innovation Is the Engine That Fuels the Consumer Electronics Market

                                                                                                                                                                                                                                                                                                                                                                          Category Data

                                                                                                                                                                                                                                                                                                                                                                            Table 70 Sales of Luxury Portable Consumer Electronics by Category: Value 2013-2018

                                                                                                                                                                                                                                                                                                                                                                              Table 71 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                Table 72 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2013-2017

                                                                                                                                                                                                                                                                                                                                                                                  Table 73 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2014-2017

                                                                                                                                                                                                                                                                                                                                                                                    Table 74 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                      Table 75 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2018-2023

                                                                                                                                                                                                                                                                                                                                                                                        Table 76 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2018-2023

                                                                                                                                                                                                                                                                                                                                                                                          Headlines

                                                                                                                                                                                                                                                                                                                                                                                            Prospects

                                                                                                                                                                                                                                                                                                                                                                                              Timepieces Is Undergoing Major Changes

                                                                                                                                                                                                                                                                                                                                                                                                Category Impacted by Currency Fluctuations

                                                                                                                                                                                                                                                                                                                                                                                                  Luxury Brands Expand Product Ranges To Make Them More Affordable

                                                                                                                                                                                                                                                                                                                                                                                                    Competitive Landscape

                                                                                                                                                                                                                                                                                                                                                                                                      Rolex Remains the Undisputed Leader

                                                                                                                                                                                                                                                                                                                                                                                                        Richemont Looking To Rejuvenate Its Century-old Brands and Company Image

                                                                                                                                                                                                                                                                                                                                                                                                          Innovation Is Key for the Luxury Watch Industry

                                                                                                                                                                                                                                                                                                                                                                                                            Category Data

                                                                                                                                                                                                                                                                                                                                                                                                              Table 77 Sales of Luxury Timepieces by Category: Value 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                                                Table 78 Sales of Luxury Timepieces by Category: % Value Growth 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                                                  Table 79 NBO Company Shares of Luxury Timepieces: % Value 2013-2017

                                                                                                                                                                                                                                                                                                                                                                                                                    Table 80 LBN Brand Shares of Luxury Timepieces: % Value 2014-2017

                                                                                                                                                                                                                                                                                                                                                                                                                      Table 81 Distribution of Luxury Timepieces by Format: % Value 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                                                        Table 82 Forecast Sales of Luxury Timepieces by Category: Value 2018-2023

                                                                                                                                                                                                                                                                                                                                                                                                                          Table 83 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2018-2023

                                                                                                                                                                                                                                                                                                                                                                                                                            Headlines

                                                                                                                                                                                                                                                                                                                                                                                                                              Prospects

                                                                                                                                                                                                                                                                                                                                                                                                                                Positive Growth Expected Over the Forecast Period, But Digital Devices Gaining More Favour As Communication Tools

                                                                                                                                                                                                                                                                                                                                                                                                                                  Luxury Writing Instruments Fares Better Than Luxury Stationery

                                                                                                                                                                                                                                                                                                                                                                                                                                    Ongoing Cannibalisation by Internet Sales

                                                                                                                                                                                                                                                                                                                                                                                                                                      Competitive Landscape

                                                                                                                                                                                                                                                                                                                                                                                                                                        Montblanc Leads the Category

                                                                                                                                                                                                                                                                                                                                                                                                                                          Montegrappa: From Tradition To Pop Culture Designs

                                                                                                                                                                                                                                                                                                                                                                                                                                            Mauboussin Is Making Strides in the Luxury Arena

                                                                                                                                                                                                                                                                                                                                                                                                                                              Category Data

                                                                                                                                                                                                                                                                                                                                                                                                                                                Table 84 Sales of Luxury Writing Instruments and Stationery: Value 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                                                                                  Table 85 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                                                                                    Table 86 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2013-2017

                                                                                                                                                                                                                                                                                                                                                                                                                                                      Table 87 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2014-2017

                                                                                                                                                                                                                                                                                                                                                                                                                                                        Table 88 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                                                                                          Table 89 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2018-2023

                                                                                                                                                                                                                                                                                                                                                                                                                                                            Table 90 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2018-2023

                                                                                                                                                                                                                                                                                                                                                                                                                                                              Headlines

                                                                                                                                                                                                                                                                                                                                                                                                                                                                Prospects

                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Super Premium Fragrances To Record the Most Dynamic Growth Over the Forecast Period

                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Skin Care Products Trying To Catch Their Second Wind

                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Emergence of New Marketing Trends

                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Competitive Landscape

                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Christian Dior Leads in All Product Categories

                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Digital Technology Pivotal for Brand Awareness and Future Growth

                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Traditional Brands See the Importance of Naturalness

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Category Data

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Table 91 Sales of Super Premium Beauty and Personal Care by Category: Value 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Table 92 Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Table 93 NBO Company Shares of Super Premium Beauty and Personal Care: % Value 2013-2017

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Table 94 LBN Brand Shares of Super Premium Beauty and Personal Care: % Value 2014-2017

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Table 95 Distribution of Super Premium Beauty and Personal Care by Format: % Value 2013-2018

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Table 96 Forecast Sales of Super Premium Beauty and Personal Care by Category: Value 2018-2023

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Table 97 Forecast Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2018-2023

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              After a challenging past few years, marked by a drop in tourist numbers in the aftermath of the terror attacks, international tourists returned to France, which therefore saw a relative recovery in tourism in 2017 and positive developments in 2018. From the Eiffel Tower to the beaches of the Côte d’Azur, foreign tourists are back after having shunned France following the terrorist attacks. Chinese, American and Japanese tourists have returned to the country. In Nice, everything is being done to...

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Euromonitor International's Luxury Goods in France report offers a comprehensive guide to the size and shape of the Luxury Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2023 illustrate how the market is set to change

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Luxury Cars, Personal Luxury.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Why buy this report?
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              * Get a detailed picture of the Luxury Goods market;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              * Pinpoint growth sectors and identify factors driving change;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              * Understand the competitive environment, the market’s major players and leading brands;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              * Use five-year forecasts to assess how the market is predicted to develop.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

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