PROSPECTS AND OPPORTUNITIES
Slowed value sales predicted despite emerging exclusivity trend
Retail sales for experiential luxury will continue to see strong current value growth in the early years of the forecast period, before dipping into moderate declines over 2026-29. Overall, experiential luxury is expected to record a 3% current value CAGR (-0.
New hotels set for early forecast-period openings, while high-end sustainability focus allows visitors to go green in style
The early forecast period will see several new openings in luxury hotels in Brazil. Local player v3rso Hotel is a brand from the Emiliano Group.
Authentic experiences trump physical luxury for younger consumers
Luxury hotels is expected to see retail sales climb at a CAGR of 3% (-.01% CAGR at 2024 constant prices) over 2024-2029 making it the most dynamic segment within experiential luxury.
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Overview:
Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Brazil 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 Brazil, 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 Brazil 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 Brazil?
- Which are the leading brands in Experiential Luxury in Brazil?
- How are products distributed in Experiential Luxury in Brazil?
- How important is tourism in evaluating demand for Experiential Luxury in Brazil?
- 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 Brazil - Category analysis
KEY DATA FINDINGS
Experiential luxury rises in response to renewed joie de vivre
Hotel Marco Internacional as 2023 leading company
Digitalisation trends transforming booking process
Slowed value sales predicted despite emerging exclusivity trend
New hotels set for early forecast-period openings, while high-end sustainability focus allows visitors to go green in style
Authentic experiences trump physical luxury for younger consumers
Luxury Goods in Brazil - Industry Overview
Luxury goods in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
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.
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