Luxury Goods in Germany

Luxury Goods in Germany

Summary

Luxury Goods in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The luxury goods market presents the revenues at retail sales value from retailers specifically dealing with luxury jewellery & watches, bags & accessories, apparel & footwear and cosmetics & fragrances.
- The German luxury goods market had total revenues of $13.6bn in 2017, representing a compound annual growth rate (CAGR) of 2.4% between 2013 and 2017.
- The jewelry & watches segment was the market's most lucrative in 2017, with total revenues of $5.1bn, equivalent to 37.3% of the market's overall value.
- Like many western markets, Germany is experiencing the problem of new incoming generations being less interested in traditional luxury goods brands and those brands not responding well to this development.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the luxury goods market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the luxury goods market in Germany
- Leading company profiles reveal details of key luxury goods market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Germany luxury goods market with five year forecasts

Reasons to buy

- What was the size of the Germany luxury goods market by value in 2017?
- What will be the size of the Germany luxury goods market in 2022?
- What factors are affecting the strength of competition in the Germany luxury goods market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany's luxury goods market?