Luxury Goods - France

  • France
  • France's Luxury Goods market is projected to generate a revenue of €17.73bn in 2024.
  • This market is expected to experience an annual growth rate of 3.51% (CAGR 2024-2028).
  • The largest segment within the Luxury Goods market is Luxury Fashion, with a market volume of €6.35bn in 2024.
  • When comparing global markets, in the United States leads in revenue generation, reaching €71,660m in 2024.
  • In terms of per capita revenues, in France is estimated to generate €273.30 per person in 2024.
  • Furthermore, online sales are predicted to contribute 17.8% of the total revenue in the Luxury Goods market by 2024.
  • France continues to be a global leader in the luxury goods market, with its rich cultural heritage and reputation for craftsmanship attracting discerning buyers from around the world.

Key regions: United States, Russia, India, Singapore, United Kingdom

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

Analyst Opinion

When marketing luxury, exclusivity constitutes the conceptual key element. This exclusivity is maintained mainly by a high price point but also by consciously limiting sales volumes and outlets. 2018 was a good year for luxury goods companies, continuing the rebound of the global luxury goods industry which started in 2017 after two relatively sluggish years. Key trends shaping the industry are a continued emphasis on manufacturer-owned retail, a more pronounced shift of sales from the established core markets in Central & Western Europe, North America, and Japan to Greater China and other emerging markets, as well as the increasing role of a fast-growing eCommerce channel.

Methodology

The Luxury Goods market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Goods industry.

Vue d’ensemble

  • Revenue
  • Analyst Opinion
  • Sales Channels
  • Key Players
  • Global Comparison
  • Methodology
  • Key Market Indicators
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