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Luxury Fashion Market Expected to Witness a Significant CAGR of 5% from 2016 to 2022

Global Luxury Fashion Market Information-by Type (Clothing, Footwear, Accessories and others), by distribution channel (Monobrand Stores, Department Stores, Specialty Stores, Multi Brand Boutiques, Airport, E-commerce), and by Region - Forecast to 2022

Luxury Fashion Market Expected to Witness a Significant CAGR of 5% from 2016 to 2022

Pune, India - June 2, 2017 /MarketersMedia/

Market Highlights:

Globally, the Market for Luxury Fashion has been increasing due to changing consumption patterns and growing demand for new designs and brands. Growing brand awareness and discounts on big brands online considerably supported the luxury fashion market. Hence, Global Luxury Fashion Market is expected to grow at CAGR over 5% from 2016 to 2022.

Key Findings:

• Secondary data reveals that among the various market segments accessories specifically watches and jewelry witnessed highest growth followed by clothing in the last few years
• Clothing and accessories dominates the luxury fashion market both in market volume
• Rise in women working population across the world has boosted the luxury fashion product sales to a greater extent, traction for branded items, rise in disposable incomes continue to support growth of the luxury fashion market

Key Players:

The Key Players profiled in Luxury Fashion Market are Louis Vuitton, Hermès, Gucci, Chanel, Rolex, Cartier, Prada, Burberry, Michael Kors, Tiffany, Zara, and Dolce & Gabbana.

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Intended Audience:

• Personal Luxury Clothing manufacturers
• Accessories manufacturers
• Retailers, wholesalers
• E-commerce companies
• Traders, Importers and exporters

Study Objectives of Report:

• Deep dive study for segments and sub-segments
• To estimate market size by type, and distribution channel
• To understand the supply and demand dynamics including supply and consumption concentration mapping
• To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
• Competitive landscaping evaluating key strategies taken by top players in the market

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Reasons to Buy this Report:

• This report includes in-depth study of luxury fashion market and its segments and sub-segments.
• It covers market segmentation by type, and distribution channel
• It helps in identifying major consumption patterns in different market segments
• The report will provide useful and premium insights that will support in investments for luxury fashion and allied companies providing details on the fast growing segments and regions
• In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report
• The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and also supported by authentic industry data from secondary sources

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact Info:
Name: Akash Anand
Email: akash.anand@marketresearchfuture.com
Organization: Market Research Future (MRFR)
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: +1 646 845 9312

Source URL: http://marketersmedia.com/luxury-fashion-market-expected-to-witness-a-significant-cagr-of-5-from-2016-to-2022/204635

For more information, please visit https://www.marketresearchfuture.com/reports/luxury-fashion-market-1770

Source: MarketersMedia

Release ID: 204635

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