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Luxury Goods in Germany - Market Summary, Competitive Analysis and Forecast to 2025

Luxury Goods in Germany - Market Summary, Competitive Analysis and Forecast to 2025

Summary

Luxury Goods in Germany industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). 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 is forecast to generate total revenues of $11.1bn in 2020, representing a compound annual rate of change (CARC) of -4.5% between 2016 and 2020
- Weaker consumer confidence amid slower growth of the German economy has reduced spending of local consumers in luxury goods, with sales only weakly increased from wealthy tourists' spending.

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 by both value and volume

Reasons to Buy

- What was the size of the Germany luxury goods market by value in 2020?
- What will be the size of the Germany luxury goods market in 2025?
- What factors are affecting the strength of competition in the Germany luxury goods market?
- How has the market performed over the last five years?
- Who are the top competitiors in Germany's luxury goods market?
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Luxury Goods in Germany - Market Summary, Competitive Analysis and Forecast to 2025
Published By :MarketLine
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