PROSPECTS AND OPPORTUNITIES
Affluent consumers drive demand for bespoke luxury experiences
Over the forecast period, experiential luxury in France is predicted to record steady growth, with a 5% current value CAGR. This performance will be underpinned by the ongoing premiumisation trend, where affluent consumers are increasingly prioritising exclusive and personalised experiences over material luxury goods.
Luxury hotels will prioritise exclusivity and wellness offerings
Looking ahead, the landscape for new luxury hotel and hospitality openings in France is set to continue its dynamic evolution. The surge in new luxury hotel openings, particularly in major cities and culturally significant regions, is expected to further solidify France’s position as a leading destination for high-end travellers.
Luxury hotels adopt eco-friendly practices for sustainable tourism
Sustainable and responsible travel options are set to become integral components of experiential luxury in France over the forecast period. Operators of luxury hotels will be at the forefront of this trend, as they increasingly invest in eco-conscious travel initiatives.
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Overview:
Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in France 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 France, 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 France 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 France?
- Which are the leading brands in Experiential Luxury in France?
- How are products distributed in Experiential Luxury in France?
- How important is tourism in evaluating demand for Experiential Luxury in France?
- 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 France - Category analysis
KEY DATA FINDINGS
Affluent travellers drive growth in luxury hospitality experiences
Luxury hotels enhance experiential travel with technology and sustainability initiatives
High-net-worth individuals drive demand for bespoke luxury experiences
Affluent consumers drive demand for bespoke luxury experiences
Luxury hotels will prioritise exclusivity and wellness offerings
Luxury hotels adopt eco-friendly practices for sustainable tourism
Luxury Goods in France - Industry Overview
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail 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?
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- 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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