Luxury Apparel Market Size, Share & Trends Analysis Report By End User (Men, Women), By Distribution Channel (Offline Retail, Online Retail), By Region, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global luxury apparel market size is expected to reach USD 84.04 billion by 2025, expanding at a CAGR of 3.5% over the forecast period, according to a new report by Grand View Research, Inc. Several characteristics includingrise in the number of millionaires coupled with brand loyalty is projected to drive the growth. Consumer perception that luxury goods will contribute to greater social acceptance, is anticipated to further fuel the market. Increasing disposable income and consumer spending on luxury products are also prominent factors driving the demand.

Luxury clothes are usually fashionable, trendy, high-class, and expensive. Luxury apparel companies not only focus on providing latest looks but they also provide apparel based on cultural trends and street culture to attract vast consumer base. For instance Indian brand Raymond Group has introduced its new brand called Raymond Khadi to provide luxury khadi apparel. Such innovations and developments are anticipated to attract luxury customers and drive the market.

Asia Pacific has been witnessing strong growth over the past few years on account of increasing attraction for luxury items in the region. China, Hong Kong, and India has the largest penetration rate of luxury clothing. Number of luxury brands are exploring the untapped regional markets and are establishing their stores owing to the rising demand. Some of the companies have also examined the potential in luxury children wear market and trying to enter into such market. The above factors are driving growth of the regional luxury apparel market.

In terms of end user, men accounted for the largest market share of approximately 56.00% in 2018. Increasing sale of luxury work wear for men is propelling the segment growth. As per the survey, it was found that men spend more on luxury and are more likely to buy the products for gifting purposes. Whereas it was also found that men and women shop for luxury items at around the same rate with the difference being in the spending on per item.

Further key findings from the report suggest:

• In terms of revenue, men purchased most of the luxury apparel and the segment held the largest market share of about 55% in 2018

• Offline segment in the luxury apparel market held a revenue share of over 83.0% in 2018

• U.S., Germany, U.K., France, China, Japan, and Turkey are the major countries with largest market for luxury apparel

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definition
                    1.3. Information Procurement
                        1.3.1. Purchased Database
                        1.3.2. GVR's Internal Database
                        1.3.3. Secondary Sources & Third-Party Perspectives
                        1.3.4. Primary Research
                    1.4. Information Analysis 
                        1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights
Chapter 3. Luxury Apparel Market Variables, Trends & Scope
                    3.1. Market Introduction
                    3.2. Penetration & Growth Prospect Mapping
                    3.3. Industry Value Chain Analysis
                        3.3.1. Sales/Retail Channel Analysis
                        3.3.2. Profit Margin Analysis
                    3.4. Market Dynamics
                        3.4.1. Market Driver Analysis
                        3.4.2. Market Restraint Analysis
                        3.4.3. Industry Challenges
                        3.4.4. Industry Opportunities
                    3.5. Business Environment Analysis
                        3.5.1. Industry Analysis - Porter's
                            3.5.1.1. Supplier Power
                            3.5.1.2. Buyer Power
                            3.5.1.3. Substitution Threat
                            3.5.1.4. Threat from New Entrant 
                            3.5.1.5. Competitive Rivalry
                    3.6. Roadmap of Luxury Apparel Market
                    3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                    4.1. Consumer Trends and Preferences
                    4.2. Factors Affecting Buying Decision 
                    4.3. Consumer Type Adoption 
                    4.4. Observations & Recommendations
                    4.5. Leaders & Emerging Players 
                    4.6. Observations & Recommendations
Chapter 5. Luxury Apparel: End User Estimates & Trend Analysis
                    5.1. End User Movement Analysis & Market Share, 2018 & 2025
                    5.2. Men
                        5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    5.3. Women
                        5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 6. Luxury Apparel: Distribution Channel Estimates & Trend Analysis
                    6.1. Distribution Channel Movement Analysis & Market Share, 2015 & 2025
                    6.2. Offline Retail
                        6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    6.3. Online Retail
                        6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 7. Luxury Apparel Market: Regional Estimates & Trend Analysis
                    7.1. Regional Movement Analysis & Market Share, 2015 & 2025
                    7.2. North America
                        7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                        7.2.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                        7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                        7.2.4. U.S.
                            7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.2.4.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                            7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                    7.3. Europe
                        7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                        7.3.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                        7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion))
                        7.3.4. U.K.
                            7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.3.4.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                            7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                        7.3.5. Germany
                            7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.3.5.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                            7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                        7.3.6. France
                            7.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.3.6.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                            7.3.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                    7.4. Asia Pacific
                        7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                        7.4.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                        7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                        7.4.4. Japan 
                            7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.4.4.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                            7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                        7.4.5. China
                            7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.4.5.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                            7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                    7.5. Central & South America
                            7.5.1.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.5.1.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                            7.5.1.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                    7.6. Middle East & Africa (MEA)
                        7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                        7.6.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                        7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                        7.6.4. Turkey
                            7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.6.4.2. Market estimates and forecast, by end user, 2015 - 2025 (USD Billion)
                            7.6.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
Chapter 8. Competitive Analysis
                    8.1. Key global players, recent developments & their impact on the industry
                    8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                    8.3. Vendor Landscape
                        8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
                    9.1. Giorgio Armani
                        9.1.1. Company Overview
                        9.1.2. Financial Performance
                        9.1.3. Type Benchmarking
                        9.1.4. Strategic Initiatives
                    9.2. Burberry
                        9.2.1. Company Overview
                        9.2.2. Financial Performance
                        9.2.3. Type Benchmarking
                        9.2.4. Strategic Initiatives
                    9.3. Dolce & Gabbana
                        9.3.1. Company Overview
                        9.3.2. Financial Performance
                        9.3.3. Type Benchmarking
                        9.3.4. Strategic Initiatives
                    9.4. Prada
                        9.4.1. Company Overview
                        9.4.2. Financial Performance
                        9.4.3. Type Benchmarking
                        9.4.4. Strategic Initiatives
                    9.5. Kate Spade
                        9.5.1. Company Overview
                        9.5.2. Financial Performance
                        9.5.3. Type Benchmarking
                        9.5.4. Strategic Initiatives
                    9.6. Phillip Lim
                        9.6.1. Company Overview
                        9.6.2. Financial Performance
                        9.6.3. Type Benchmarking
                        9.6.4. Strategic Initiatives
                    9.7. PVH Corp. (Calvin Klein)
                        9.7.1. Company Overview
                        9.7.2. Financial Performance
                        9.7.3. Type Benchmarking
                        9.7.4. Strategic Initiatives
                    9.8. Valentino
                        9.8.1. Company Overview
                        9.8.2. Financial Performance
                        9.8.3. Type Benchmarking
                        9.8.4. Strategic Initiatives
                    9.9. Gucci
                        9.9.1. Company Overview
                        9.9.2. Financial Performance
                        9.9.3. Type Benchmarking
                        9.9.4. Strategic Initiatives
                    9.10. Coach
                        9.10.1. Company Overview
                        9.10.2. Financial Performance
                        9.10.3. Type Benchmarking
                        9.10.4. Strategic Initiatives

List of Tables

TABLE 1 Luxury Apparel - Market driver analysis
TABLE 2 Luxury Apparel market restraint analysis
TABLE 3 Luxury Apparel estimates and forecasts in end user, 2015 - 2025 (USD Billion)
TABLE 4 Luxury Apparel estimates and forecasts in distribution channels, 2015 - 2025 (USD Billion)
TABLE 5 Luxury Apparel estimates and forecasts in region, 2015 - 2025 (USD Billion)
TABLE 6 North America Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 7 North America Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 8 North America Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 9 U.S. Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 10 U.S. Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 11 U.S. Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 12 Europe Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 13 Europe Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 14 Europe Luxury Apparel revenue, by distribution channels, 2015 - 2025 (USD Billion)
TABLE 15 U.K. Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 16 U.K. Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 17 U.K. Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 18 Germany Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 19 Germany Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 20 Germany Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 21 France Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 22 France Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 23 France Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 24 Asia Pacific Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 25 Asia Pacific Luxury Apparel volume, by end user, 2015 - 2025 (USD Billion)
TABLE 26 Asia Pacific Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 27 Japan Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 28 Japan Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 29 Japan Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 30 China Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 31 China Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 32 China Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 33 Central & South America Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 34 Central & South America Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 35 Central & South America Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 36 Middle East & Africa Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 37 Middle East & Africa Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 38 Middle East & Africa Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)
TABLE 39 Turkey Luxury Apparel estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 40 Turkey Luxury Apparel revenue, by end user, 2015 - 2025 (USD Billion)
TABLE 41 Turkey Luxury Apparel revenue, by distribution channel, 2015 - 2025 (USD Billion)

List of Figures

FIG. 1 Luxury Apparel Market segmentation & scope
FIG. 2 Luxury Apparel market key opportunities prioritized
FIG. 3 Value chain analysis Luxury Apparel
FIG. 4 Luxury Apparel market dynamics
FIG. 5 Luxury Apparel market Porter's analysis
FIG. 6 Luxury Apparel: end user movement analysis
FIG. 7 Luxury Apparel: distribution channel movement analysis
FIG. 8 Regional market place: Key takeaways
FIG. 9 Luxury Apparel: Regional movement analysis
FIG. 10 Strategy framework