PROSPECTS AND OPPORTUNITIES
Growth will be driven by the rise in tourism and the preference for experiences over physical goods
Experiential luxury in Australia is forecast to experience steady growth in value sales between 2025 and 2030, with a projected current value compound annual growth rate (CAGR) of 3% and a constant value CAGR of 1%. This growth will be significantly driven by the increasing demand for immersive luxury experiences among older, wealthier travellers who prioritise comfort, exclusivity, and cultural authenticity.
Luxury travellers to drive demand for wellness-oriented and sustainable experiences
Experiential luxury in Australia is on the cusp of significant growth, with one notable factor being an evolving consumer preference for responsible and purposeful luxury. Sustainability is becoming increasingly prominent, with luxury hotels differentiating themselves through advanced eco-credentials and innovative sustainable practices.
Luxury hotels to focus on Australia’s unique natural and cultural heritage
The emphasis on integrating authentic experiential elements that resonate with Australia’s unique natural and cultural heritage is expected to be a key differentiator in experiential luxury in the forecast period. Australia’s diverse natural landscapes, culture, and vibrant culinary scene will continue to bolster international domestic experiential luxury travel.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Experiential Luxury industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Experiential Luxury in Australia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Experiential Luxury in Australia?
- Which are the leading brands in Experiential Luxury in Australia?
- How are products distributed in Experiential Luxury in Australia?
- How important is tourism in evaluating demand for Experiential Luxury in Australia?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How has COVID-19 and global recession impacted demand for luxury goods? What are the opportunities amidst the adversity?
- Where is future growth expected to be most dynamic?
Experiential Luxury in Australia - Category analysis
KEY DATA FINDINGS
Luxury hotels continues to drive growth, with the rise in inbound tourists impacting sales
New hotel openings and rising demand for bespoke luxury experiences drive growth
Players in luxury hotels and foodservice aim to differentiate their offerings
Growth will be driven by the rise in tourism and the preference for experiences over physical goods
Luxury travellers to drive demand for wellness-oriented and sustainable experiences
Luxury hotels to focus on Australia’s unique natural and cultural heritage
Luxury Goods in Australia - Industry Overview
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Experiential Luxury
- Luxury Foodservice
- Luxury Hotels
Experiential Luxury
This is an aggregation of Luxury Hotels and Luxury Foodservice.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Experiential Luxury research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!