Albany, New York, USA (PRWEB) April 05, 2014
The luxury goods market is expected to grow by 7% by the end of 2012 despite the economic slowdown. The major reason behind this significant rise in the luxury goods industry is the rising concern of people over style and personal attire. Changing lifestyle and rising living standards are mainly driving the growth of this market.
Browse the full report with request TOC at http://www.transparencymarketresearch.com/luxury-goods-market.html.
China is the leading manufacturer of luxury goods and the predicted growth rate of the Chinese market is about 18% to 20%. The luxury goods industry is forecast to grow between 5% and 7% in America and 2% and 4% in Europe in 2012. Japan, which was the biggest luxury goods buyer in the past few years, holds third position in the luxury goods industry now.
In the past few years, luxury goods industry has experienced a slower growth rate because of financial crisis, but with the world economy becoming stable, this market is experiencing a significant rise in demand for luxury goods across the globe. Strong tourist flow in Europe and America, coupled with sales at the U.S. department stores is contributing to the recovery of the luxury goods industry.
Wine and Spirit
The research report analyzes this market based on major industry segments and important geographies. It includes a complete analysis of industry growth drivers, factors affecting market growth, market structure, and market projections for the coming years. The report also provides an analysis of technological developments in the luxury goods market, Porter’s five force model analysis, and complete company profiles of the top industry players. The report provides a review of the micro and macro factors significant for the new entrants and existing market players along with detailed value chain analysis.
Related Report: Specialty Films Market
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include:
Rest of the World
This report provides comprehensive analysis of:
Market growth drivers
Factors limiting market growth
Current market trends
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics.
It provides a forward looking perspective on different factors driving or restraining market growth.
It provides a technological growth map over time to understand the industry growth rate.
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow.
It helps in understanding the key product segments and their future.
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
It provides distinctive graphics and exemplified SWOT analysis of major market segments.
90 State Street,
Albany NY - 12207