Hard Luxury Goods Market - Global Industry Analysis

Name: Hard Luxury Goods Market by Product Type (Watches, Jewelry, and Others), by Distribution Channel (Online Stores, Department Stores, Specialty Store, and Monobrand Stores), and by Gender (Male and Female): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026
Brand: Zion Market Research
SKU: ZMR-2663
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Hard Luxury Goods Market by Product Type (Watches, Jewelry, and Others), by Distribution Channel (Online Stores, Department Stores, Specialty Store, and Monobrand Stores), and by Gender (Male and Female): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Published Date: 14-Jun-2019 Category: Consumer Goods Report Format : PDF Pages: 110 Report Code: ZMR-2663 Status : Published

Global hard luxury goods market expected to reach USD 174.49 billion by 2026, at a CAGR of around 10.3% between 2019 and 2026. The world’s economy is strengthening and there has been a significant rise in the count of newly listed high net worth individuals, which are the key factors driving the hard luxury goods market globally.

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Description

The report encloses a forecast and current estimates for the hard luxury goods market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Billion). The study also provides the impact and the descriptive analysis of major drivers, restraints, and opportunities of the global hard luxury goods market.

The study also offers the market attractiveness and Porter’s Five Forces Model analysis to gauge the competitive landscape of major vendors of the global hard luxury goods market. This comprehensive study also provides a detailed analysis and overview of each segment included in the study.

Global Hard Luxury Goods Market

The report also includes a crucial view of the market based on product type, distribution channel, gender, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segment includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some key participants operating in the global hard luxury goods market are Bulgari, Bottega Veneta, Chanel, Graff Diamonds, Giorgio Armani, Hermes International, Harry Winston, Louis Vuitton, Richemont, Ralph Lauren, Swatch, and Tiffany.

This report segments the global hard luxury goods market into:

Global Hard luxury goods market: Product Type Analysis

Watches
Jewelry
Others

Global Hard luxury goods Market: Distribution Channel Analysis

Online Stores
Department Stores
Specialty Stores
Monobrand Stores

Global Hard luxury goods Market: Gender Analysis

Male
Female

Global Hard luxury goods Market: Regional Analysis

North America
- The U.S.
Europe
- UK
- France
- Germany
Asia Pacific
- China
- Japan
- India
Latin America
- Brazil
Middle East and Africa

Table Of Content

Chapter 1. Preface
- 1.1. Report description
  - 1.1.1. Objective
  - 1.1.2. Target Audience
  - 1.1.3. Unique Selling Proposition (USP) & Offerings
- 1.2. Research scope
- 1.3. Market Research Methodology
  - 1.3.1. Level 1: Primary Research
  - 1.3.2. Level 2: Secondary Research
  - 1.3.3. Level 3: Data Validation and Expert Panel Assessment
Chapter 2. Executive Summary
- 2.1. Global Hard luxury goods market, 2016-2026 (USD Billion)
- 2.2. Hard luxury goods Market: Snapshot
Chapter 3. Hard luxury goods market - Industry Analysis
- 3.1. Introduction
  - 3.1.1. Classification of hard luxury goods
  - 3.1.2. Key trend analysis
- 3.2. Market Drivers
  - 3.2.1. Increasing preference for branded items and superior quality
  - 3.2.2. Huge investments in marketing by the retail industry
- 3.3. Restraints
  - 3.3.1. Volatile prices
  - 3.3.2. Lack of raw materials
- 3.4. Opportunity
  - 3.4.1. Rising count of newly listed high net worth individuals
- 3.5. Porter's Five Forces Analysis
- 3.6. PESTLE Analysis
- 3.7. SWOT Analysis
- 3.8. Attractiveness Investment Proposition
  - 3.8.1. Market Attractiveness Analysis by Product Type
  - 3.8.2. Market Attractiveness Analysis by Distribution Channel
  - 3.8.3. Market Attractiveness Analysis by Gender
  - 3.8.4. Market Attractiveness Analysis by Region
Chapter 4. Global Hard luxury goods market - Competitive Landscape
- 4.1. Company Market Share Analysis, 2018 (Subject to Data Availability)
- 4.2. Strategic Development
  - 4.2.1. Acquisitions & Mergers
  - 4.2.2. New Product Launch
  - 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
- 4.3. Research and Development and Regional Expansion
Chapter 5. Hard luxury goods market - Product Type Analysis
- 5.1. Global hard luxury goods market share, by product type, 2018 and 2026
- 5.2. Watches
  - 5.2.1. Overview
  - 5.2.2. Global hard luxury goods market by watches, 2016-2026 (USD Billion)
- 5.3. Jewelry
  - 5.3.1. Overview
  - 5.3.2. Global hard luxury goods market by jewelry, 2016-2026 (USD Billion)
- 5.4. Others
  - 5.4.1. Overview
  - 5.4.2. Global hard luxury goods market by others, 2016-2026 (USD Billion)
Chapter 6. Global Hard luxury goods market: Distribution Channel Segment Analysis
- 6.1. Global Hard luxury goods market revenue share, by distribution channel, 2018 and 2026
- 6.2. Online Stores
  - 6.2.1. Overview
  - 6.2.2. Global hard luxury goods market for online stores, 2016-2026 (USD Billion)
- 6.3. Department Stores
  - 6.3.1. Overview
  - 6.3.2. Global hard luxury goods market for department stores, 2016-2026 (USD Billion)
- 6.4. Specialty Stores
  - 6.4.1. Overview
  - 6.4.2. Global hard luxury goods market for specialty stores, 2016-2026 (USD Billion)
- 6.5. Monobrand Stores
  - 6.5.1. Overview
  - 6.5.2. Global hard luxury goods market for monobrand stores, 2016-2026 (USD Billion)
Chapter 7. Global Hard luxury goods Market - Gender Analysis
- 7.1. Global hard luxury goods market share, by product type, 2018 and 2026
- 7.2. Male
  - 7.2.1. Overview
  - 7.2.2. Global hard luxury goods market by male, 2016-2026 (USD Billion)
- 7.3. Female
  - 7.3.1. Overview
  - 7.3.2. Global hard luxury goods market by female, 2016-2026 (USD Billion)
Chapter 8. Global Hard luxury goods market - Regional Analysis
- 8.1. Global Hard luxury goods market: Regional overview
  - 8.1.1. Global Hard luxury goods market revenue share, by region, 2018 and 2026
- 8.2. North America
  - 8.2.1. Overview
  - 8.2.2. North America hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
  - 8.2.3. North America hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
  - 8.2.4. North America hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.2.5. He U.S.
    - 8.2.5.1. The U.S. hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.2.5.2. The U.S. hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.2.5.3. The U.S. hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.2.6. Canada
    - 8.2.6.1. Canada hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.2.6.2. Canada hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.2.6.3. Canada hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
- 8.3. Europe
  - 8.3.1. Overview
  - 8.3.2. Europe hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
  - 8.3.3. Europe hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
  - 8.3.4. Europe hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.3.5. UK
    - 8.3.5.1. UK hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.3.5.2. UK hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.3.5.3. UK hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.3.6. France
    - 8.3.6.1. France hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.3.6.2. France hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.3.6.3. France hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.3.7. Germany
    - 8.3.7.1. Germany hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.3.7.2. Germany hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.3.7.3. Germany hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.3.8. Spain
    - 8.3.8.1. Spain hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.3.8.2. Spain hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.3.8.3. Spain hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.3.9. Italy
    - 8.3.9.1. Italy hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.3.9.2. Italy hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.3.9.3. Italy hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.3.10. Rest of Europe
    - 8.3.10.1. Rest of Europe hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.3.10.2. Rest of Europe hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.3.10.3. Rest of Europe hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
- 8.4. Asia Pacific
  - 8.4.1. Overview
  - 8.4.2. Asia Pacific hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
  - 8.4.3. Asia Pacific hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
  - 8.4.4. Asia Pacific hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.4.5. China
    - 8.4.5.1. China hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.4.5.2. China hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.4.5.3. China hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.4.6. Japan
    - 8.4.6.1. Japan hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.4.6.2. Japan hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.4.6.3. Japan hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.4.7. India
    - 8.4.7.1. India hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.4.7.2. India hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.4.7.3. India hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.4.8. Rest of Asia Pacific
    - 8.4.8.1. Rest of Asia Pacific hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.4.8.2. Rest of Asia Pacific hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.4.8.3. Rest of Asia Pacific hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
- 8.5. Latin America
  - 8.5.1. Overview
  - 8.5.2. Latin America hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
  - 8.5.3. Latin America hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
  - 8.5.4. Latin America hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.5.5. Brazil
    - 8.5.5.1. Brazil hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.5.5.2. Brazil hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.5.5.3. Brazil hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
  - 8.5.6. Rest of Latin America
    - 8.5.6.1. Rest of Latin America hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
    - 8.5.6.2. Rest of Latin America hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
    - 8.5.6.3. Rest of Latin America hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
- 8.6. The Middle East and Africa
  - 8.6.1. Overview
  - 8.6.2. The Middle East and Africa hard luxury goods market, 2016-2026 (USD Billion)
  - 8.6.3. The Middle East and Africa hard luxury goods market revenue, by product type, 2016-2026 (USD Billion)
  - 8.6.4. The Middle East and Africa hard luxury goods market revenue, by distribution channel, 2016-2026 (USD Billion)
  - 8.6.5. The Middle East and Africa hard luxury goods market revenue, by gender, 2016-2026 (USD Billion)
Chapter 9. Company Profiles
- 9.1. Bulgari
  - 9.1.1. Overview
  - 9.1.2. Financials
  - 9.1.3. Product portfolio
  - 9.1.4. Business strategy
  - 9.1.5. Recent developments
- 9.2. Bottega Veneta
  - 9.2.1. Overview
  - 9.2.2. Financials
  - 9.2.3. Product portfolio
  - 9.2.4. Business strategy
  - 9.2.5. Recent developments
- 9.3. Chanel
  - 9.3.1. Overview
  - 9.3.2. Financials
  - 9.3.3. Product portfolio
  - 9.3.4. Business strategy
  - 9.3.5. Recent developments
- 9.4. Graff Diamonds
  - 9.4.1. Overview
  - 9.4.2. Financials
  - 9.4.3. Product portfolio
  - 9.4.4. Business strategy
  - 9.4.5. Recent developments
- 9.5. Giorgio Armani
  - 9.5.1. Overview
  - 9.5.2. Financials
  - 9.5.3. Product portfolio
  - 9.5.4. Business strategy
  - 9.5.5. Recent developments
- 9.6. Hermes International
  - 9.6.1. Overview
  - 9.6.2. Financials
  - 9.6.3. Product portfolio
  - 9.6.4. Business strategy
  - 9.6.5. Recent developments
- 9.7. Harry Winston
  - 9.7.1. Overview
  - 9.7.2. Financials
  - 9.7.3. Product portfolio
  - 9.7.4. Business strategy
  - 9.7.5. Recent developments
- 9.8. Louis Vuitton
  - 9.8.1. Overview
  - 9.8.2. Financials
  - 9.8.3. Product portfolio
  - 9.8.4. Business strategy
  - 9.8.5. Recent developments
- 9.9. Richemont
  - 9.9.1. Overview
  - 9.9.2. Financials
  - 9.9.3. Product portfolio
  - 9.9.4. Business strategy
  - 9.9.5. Recent developments
- 9.10. Ralph Lauren
  - 9.10.1. Overview
  - 9.10.2. Financials
  - 9.10.3. Product portfolio
  - 9.10.4. Business strategy
  - 9.10.5. Recent developments
- 9.11. Swatch
  - 9.11.1. Overview
  - 9.11.2. Financials
  - 9.11.3. Product portfolio
  - 9.11.4. Business strategy
  - 9.11.5. Recent developments
- 9.12. Tiffany
  - 9.12.1. Overview
  - 9.12.2. Financials
  - 9.12.3. Product portfolio
  - 9.12.4. Business strategy
  - 9.12.5. Recent developments

Table Of Figures

List of Figures

1. Global hard luxury goods market segmentation by product type, distribution channel, gender, and geography
2. Global hard luxury goods market, 2016–2026 (USD Billion)
3. Porter’s Five Forces Analysis
4. Global hard luxury goods market attractiveness, by product type
5. Global hard luxury goods market attractiveness, by distribution channel
6. Global hard luxury goods market attractiveness, by gender
7. Global hard luxury goods market attractiveness, by region
8. Global hard luxury goods market revenue share, by product type, 2018 and 2026
9. Global hard luxury goods market by watches, 2016–2026 (USD Billion)
10. Global hard luxury goods market by jewelry, 2016–2026 (USD Billion)
11. Global hard luxury goods market by others, 2016–2026 (USD Billion)
12. Global hard luxury goods market revenue share, by distribution channel, 2018 and 2026
13. Global hard luxury goods market for online stores, 2016–2026 (USD Billion)
14. Global hard luxury goods market for department stores, 2016–2026 (USD Billion)
15. Global hard luxury goods market for specialty stores, 2016–2026 (USD Billion)
16. Global hard luxury goods market for monobrand stores, 2016–2026 (USD Billion)
17. Global hard luxury goods market revenue share, by gender, 2018 and 2026
18. Global hard luxury goods market for male, 2016–2026 (USD Billion)
19. Global hard luxury goods market for female, 2016–2026 (USD Billion)
20. Global hard luxury goods market revenue share, by region, 2018 and 2026
21. North America hard luxury goods market, 2016–2026 (USD Billion)
22. Europe hard luxury goods market, 2016–2026 (USD Billion)
23. Asia Pacific hard luxury goods market, 2016–2026 (USD Billion)
24. Latin America Hard luxury goods market, 2016–2026 (USD Billion)
25. The Middle East and Africa hard luxury goods market, 2016–2026 (USD Billion)

Table Of Tables

List of Tables

1. Global hard luxury goods market snapshot
2. Drivers of the hard luxury goods market: Impact analysis
3. Restraints of the hard luxury goods market: Impact analysis
4. North America hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
5. North America hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
6. North America hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
7. The U.S. hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
8. The U.S. hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
9. The U.S. hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
10. Canada hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
11. Canada hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
12. Canada hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
13. Europe hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
14. Europe hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
15. Europe hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
16. UK hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
17. UK hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
18. UK hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
19. France hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
20. France hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
21. France hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
22. Germany hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
23. Germany hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
24. Germany hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
25. Spain hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
26. Spain hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
27. Spain hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
28. Italy hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
29. Italy hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
30. Italy hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
31. Rest of Europe hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
32. Rest of Europe hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
33. Rest of Europe hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
34. Asia Pacific hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
35. Asia Pacific hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
36. Asia Pacific hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
37. China hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
38. China hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
39. China hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
40. Japan hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
41. Japan hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
42. Japan hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
43. India hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
44. India hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
45. India hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
46. Rest of Asia Pacific hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
47. Rest of Asia Pacific hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
48. Rest of Asia Pacific hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
49. Latin America hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
50. Latin America hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
51. Latin America hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
52. Brazil hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
53. Brazil hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
54. Brazil hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
55. Rest of Latin America hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
56. Rest of Latin America hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
57. Rest of Latin America hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)
58. The Middle East and Africa hard luxury goods market revenue, by product type, 2016–2026 (USD Billion)
59. The Middle East and Africa hard luxury goods market revenue, by distribution channel, 2016–2026 (USD Billion)
60. The Middle East and Africa hard luxury goods market revenue, by gender, 2016–2026 (USD Billion)

Methodology

Free Analysis

Hard luxury goods are items that are usually purchased by upper-class individuals. They individuals prefer branded items and superior quality goods that are desired by everyone. Therefore, companies invest heavily in the marketing of these products and show the superior quality of their products. The world’s economy is strengthening and there has been a significant rise in the count of newly listed high net worth individuals, which are the key factors driving the hard luxury goods market globally. Moreover, the rapid product distribution on e-commerce websites is also aiding the hard luxury goods market by fuelling the ease of convenience. The flourishing fashion industry is the major force propelling this market, as the influencers and trendsetters market and use these products. The hard luxury goods like watches, jewelry, etc. are not essential for basic human needs but are acquired to maintain one’s status and enhance self-worth. However, limited product availability, volatile product prices, and inefficient channels of distribution may restrain the global hard luxury goods market growth. Alternatively, the increasing bandwidth of the upper-class society both in developed and developing nations is expected to provide new growth opportunities for the key market players in the upcoming years.

The global hard luxury goods market is fragmented based on product type, distribution channel, and gender. By product type, the market includes watches, jewelry, and others. On the basis of distribution channel, the hard luxury goods market includes department stores, specialty stores, online stores, and monobrand stores. The influx of e-commerce websites has played a key role in the recent years to propel this market, as these online stores sell the latest products at competitive prices apart from becoming the most preferred distribution channel for buying hard luxury goods. Based on gender, the market includes female and male.

Global Hard Luxury Goods Market

North America is the leading region in the global hard luxury goods market, due to a high per capita income of the regional population. The end-users in North America prefer quality products, which is increasing the demand for premium-priced goods across the region. Moreover, the huge influence of the global fashion industry is expected to further drive the North American hard luxury goods market over the forecast time period. The Asia Pacific hard luxury goods market is expected to witness significant growth in the future, owing to the large demand of these products for the fashion-conscious upper-class youth in the region.