Product Code: LUXIN
The luxury goods market continued to show significant growth in 2019, driven by dynamism in a number of personal luxury categories. India has one of the youngest populations in the world, and designer apparel and footwear (ready-to-wear), luxury eyewear, luxury portable consumer electronics, and super premium beauty and personal care all saw strong performances driven by manufacturers' successful efforts to target the sensibilities and lifestyles of Millennial and Gen Z consumers. In addition, l...
Euromonitor International's Luxury Goods in India 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 2024 illustrate how the market is set to change
Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.
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.
Table of Contents
Euromonitor International
February 2020
LIST OF CONTENTS AND TABLES
Executive Summary
Targeting Younger Consumers and Lower Tier Cities
Growing Focus on Sustainability Across Categories
Attracting A Growing Number of Major Foreign Players
Consumers Appreciate the Advantages of Store-based Distribution
Sensibilities of Younger Consumers Set To Exert A Growing Influence
Market Indicators
- Table 1 Number of High Net Worth Individuals (HNWI): 2014-2019
Market Data
- Table 2 Sales of Luxury Goods by Category: Value 2014-2019
- Table 3 Sales of Luxury Goods by Category: % Value Growth 2014-2019
- Table 4 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
- Table 5 NBO Company Shares of Luxury Goods: % Value 2014-2018
- Table 6 LBN Brand Shares of Luxury Goods: % Value 2015-2018
- Table 7 Distribution of Luxury Goods by Format and Category: % Value 2019
- Table 8 Forecast Sales of Luxury Goods by Category: Value 2019-2024
- Table 9 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
Sources
- Summary 1 Research Sources
Headlines
Prospects
Growing Focus on Sustainable Luxury
Increasingly Favourable Conditions for Luxury Hotels
Younger Consumers Favouring Experiences Over Possessions
Competitive Landscape
Ihcl Remains the Largest Player
Foreign Brands Targeting the Indian Market
Potential for Emergence of Luxury Foodservice
Category Data
- Table 10 Sales of Experiential Luxury by Category: Value 2014-2019
- Table 11 Sales of Experiential Luxury by Category: % Value Growth 2014-2019
- Table 12 NBO Company Shares of Experiential Luxury: % Value 2014-2018
- Table 13 LBN Brand Shares of Experiential Luxury: % Value 2015-2018
- Table 14 Forecast Sales of Experiential Luxury by Category: Value 2019-2024
- Table 15 Forecast Sales of Experiential Luxury by Category: % Value Growth 2019-2024
Headlines
Prospects
Growing Contribution From Domestic Consumers
Relaxation of VISA Regulations Set To Boost Inbound Tourism
Trend Towards Smaller, Boutique Hotels
Competitive Landscape
Category Leader, Ihcl, Enters New Segment
Gst Reduction To Boost Demand
Increasing Interest From Foreign Luxury Brands
Category Data
- Table 16 Sales in Luxury Hotels: Value 2014-2019
- Table 17 Sales in Luxury Hotels: % Value Growth 2014-2019
- Table 18 Sales in Luxury Hotels by Country of Origin: % Value 2014-2019
- Table 19 NBO Company Shares in Luxury Hotels: % Value 2014-2018
- Table 20 LBN Brand Shares in Luxury Hotels: % Value 2015-2018
- Table 21 Forecast Sales in Luxury Hotels: Value 2019-2024
- Table 22 Forecast Sales in Luxury Hotels: % Value Growth 2019-2024
Headlines
Prospects
New Retail Formats Attract Female Consumers
Development of Sustainable Wine Tourism
Rise of Single Malt Clubs
Competitive Landscape
Diageo Retains Lead, But Pernod Ricard Holds the Largest Brand
Possible Opening Up of Alcohol Retailing
Grover Zampa Winery Aims at Expansion in Fine Wines
Category Data
- Table 23 Sales of Fine Wines/Champagne and Spirits by Category: Value 2014-2019
- Table 24 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2014-2019
- Table 25 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2014-2018
- Table 26 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2015-2018
- Table 27 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2014-2019
- Table 28 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2019-2024
- Table 29 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2019-2024
Headlines
Prospects
Manufacturers Turning Their Attention To Tier 2 and Tier 3 Cities
Luxury Players Launching Electric Vehicles
Brands Seek To Generate Loyalty Through Digital Engagement
Competitive Landscape
Mercedes Benz Takes Assertive Approach To Expansion
Indian Consumers Display Faith in German Engineering
Bmw Outpacing Rivals
Category Data
- Table 30 Sales of Premium and Luxury Cars: Value 2014-2019
- Table 31 Sales of Premium and Luxury Cars: % Value Growth 2014-2019
- Table 32 NBO Company Shares of Premium and Luxury Cars: % Value 2014-2018
- Table 33 LBN Brand Shares of Premium and Luxury Cars: % Value 2015-2018
- Table 34 Forecast Sales of Premium and Luxury Cars: Value 2019-2024
- Table 35 Forecast Sales of Premium and Luxury Cars: % Value Growth 2019-2024
Headlines
Prospects
Lower Tier Cities Proving Increasingly Attractive
Sales Remain Highly Seasonal
Growing Resale Market
Competitive Landscape
LVMH Watch & Jewellery Retains Lead
More Global Brands Entering the Indian Market
Luxxuberance Highlights Rise of Multi-brand Outlets
Category Data
- Table 36 Sales of Personal Luxury by Category: Value 2014-2019
- Table 37 Sales of Personal Luxury by Category: % Value Growth 2014-2019
- Table 38 NBO Company Shares of Personal Luxury: % Value 2014-2018
- Table 39 LBN Brand Shares of Personal Luxury: % Value 2015-2018
- Table 40 Distribution of Personal Luxury by Format: % Value 2014-2019
- Table 41 Forecast Sales of Personal Luxury by Category: Value 2019-2024
- Table 42 Forecast Sales of Personal Luxury by Category: % Value Growth 2019-2024
Headlines
Prospects
Personalisation Trend
Increasing Interest in Designer Versions of Traditional Apparel
Streetwear Trend To Remain Influential
Competitive Landscape
Calvin Klein Benefits From Broad Distribution Coverage
Ralph Lauren Establishes Licensing Agreement To Open Stores in India
Licensing Agreements Key Strategy in Indian Expansion
Category Data
- Table 43 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2014-2019
- Table 44 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2014-2019
- Table 45 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2014-2018
- Table 46 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2015-2018
- Table 47 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2014-2019
- Table 48 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2019-2024
- Table 49 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2019-2024
Headlines
Prospects
Eyewear Has Increasingly Important Role To Play in Luxury Brand Development
Shift From Functional Necessity To Accessory Creates Brand Opportunities
Potential for Development of Smart Eyewear
Competitive Landscape
Louis Vuitton Extends Lead
Licensing Agreements Remain Important
First-hand Experience of Products Helps Store-based Retailing To Dominate
Category Data
- Table 50 Sales of Luxury Eyewear by Category: Value 2014-2019
- Table 51 Sales of Luxury Eyewear by Category: % Value Growth 2014-2019
- Table 52 NBO Company Shares of Luxury Eyewear: % Value 2014-2018
- Table 53 LBN Brand Shares of Luxury Eyewear: % Value 2015-2018
- Table 54 Distribution of Luxury Eyewear by Format: % Value 2014-2019
- Table 55 Forecast Sales of Luxury Eyewear by Category: Value 2019-2024
- Table 56 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2019-2024
Headlines
Prospects
Growing Interest Amongst Men
Increasing Demand for Platinum Jewellery
Persistent Demand for Traditional Jewellery
Competitive Landscape
Swarovski Maintains Lead As It Targets Locally Specific Demand
Attracting Major Foreign Brands
Pnb Fraud Case Impacts Confidence in the Industry
Category Data
- Table 57 Sales of Luxury Jewellery by Category: Value 2014-2019
- Table 58 Sales of Luxury Jewellery by Category: % Value Growth 2014-2019
- Table 59 NBO Company Shares of Luxury Jewellery: % Value 2014-2018
- Table 60 LBN Brand Shares of Luxury Jewellery: % Value 2015-2018
- Table 61 Distribution of Luxury Jewellery by Format: % Value 2014-2019
- Table 62 Forecast Sales of Luxury Jewellery by Category: Value 2019-2024
- Table 63 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2019-2024
Headlines
Prospects
Strong Role for Social Media
Luxury Brands Need To Reach Consumers in Tier 2 and Tier 3 Cities
Increasing Emphasis on Sustainability From Manufacturers and Consumers
Competitive Landscape
LVMH Watch & Jewellery Leads Through Louis Vuitton
Major Foreign Brands Maintain Their Allure
Multi-brand Stores Gaining Prominence
Category Data
- Table 64 Sales of Luxury Leather Goods: Value 2014-2019
- Table 65 Sales of Luxury Leather Goods: % Value Growth 2014-2019
- Table 66 NBO Company Shares of Luxury Leather Goods: % Value 2014-2018
- Table 67 LBN Brand Shares of Luxury Leather Goods: % Value 2015-2018
- Table 68 Distribution of Luxury Leather Goods by Format: % Value 2014-2019
- Table 69 Forecast Sales of Luxury Leather Goods: Value 2019-2024
- Table 70 Forecast Sales of Luxury Leather Goods: % Value Growth 2019-2024
Headlines
Prospects
Luxury Watch Brands Moving Into Smart Wearables
Store-based Retailing Remains Crucial
High-tech Functionality Key To Demand in Mobile Phones
Competitive Landscape
LVMH Extends Luxury Portable Consumer Electronics Offer With Tambour Horizon
Hublot Opens First Stand-alone Store in India
Multi-brand Outlets Facilitate Category Development
Category Data
- Table 71 Sales of Luxury Portable Consumer Electronics by Category: Value 2014-2019
- Table 72 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2014-2019
- Table 73 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2014-2018
- Table 74 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2015-2018
- Table 75 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2014-2019
- Table 76 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2019-2024
- Table 77 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2019-2024
Headlines
Prospects
Rise in Demand for Pre-owned Luxury Watches
High Level of Seasonality
Demand for Luxury Timepieces To Complement Accessories
Competitive Landscape
Hublot Becomes the Leading Brand
Retail Partnerships Important in Luxury Timepieces
H Moser & Cie Enters the Indian Market
Category Data
- Table 78 Sales of Luxury Timepieces by Category: Value 2014-2019
- Table 79 Sales of Luxury Timepieces by Category: % Value Growth 2014-2019
- Table 80 NBO Company Shares of Luxury Timepieces: % Value 2014-2018
- Table 81 LBN Brand Shares of Luxury Timepieces: % Value 2015-2018
- Table 82 Distribution of Luxury Timepieces by Format: % Value 2014-2019
- Table 83 Forecast Sales of Luxury Timepieces by Category: Value 2019-2024
- Table 84 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2019-2024
Headlines
Prospects
Growing Interest in Pre-owned Pens
Luxury Pen Manufacturers Diversifying Their Offer
Rise in Gifting
Competitive Landscape
Mont Blanc Uses E-commerce To Tap Into Demand in Tier 2 Cities
Important for Brands To Establish Strong Retail Agreements
Store-based Retailing Dominates
Category Data
- Table 85 Sales of Luxury Writing Instruments and Stationery: Value 2014-2019
- Table 86 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2014-2019
- Table 87 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2014-2018
- Table 88 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2015-2018
- Table 89 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2014-2019
- Table 90 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2019-2024
- Table 91 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2019-2024
Headlines
Prospects
Players Making Increasing Use of Social Media
E-commerce Helps Players To Penetrate Tier 2 and Tier 3 Cities
Growing Potential in High-end Men's Grooming
Competitive Landscape
Highly Competitive in Key Fragrances Category
Eight & Bob Makes Indian Debut in Pune
E-commerce Players Emerging
Category Data
- Table 92 Sales of Super Premium Beauty and Personal Care by Category: Value 2014-2019
- Table 93 Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2014-2019
- Table 94 NBO Company Shares of Super Premium Beauty and Personal Care: % Value 2014-2018
- Table 95 LBN Brand Shares of Super Premium Beauty and Personal Care: % Value 2015-2018
- Table 96 Distribution of Super Premium Beauty and Personal Care by Format: % Value 2014-2019
- Table 97 Forecast Sales of Super Premium Beauty and Personal Care by Category: Value 2019-2024
- Table 98 Forecast Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2019-2024
