PROSPECTS AND OPPORTUNITIES
Growing demand for luxury experiences rather than goods set to drive growth
Experiential luxury in Taiwan is anticipated to witness steady growth throughout the 2025-2030 forecast period, driven by a current value compound annual growth rate (CAGR) of 7% (2025 constant value CAGR of 5%). Luxury hotels is forecast to remain the only category with notable sales, projected to reach TWD29.
Luxury hotels in Taiwan set to drive growth through wellness and culture
The outlook for new luxury hotel and foodservice openings in Taiwan during the latter half of 2025 and throughout 2026 indicates potential for sustained expansion, fuelled by a rise in inbound tourism and growing consumer demand for unique and immersive experiences. New luxury hotel developments are anticipated to incorporate local cultural elements and innovative design concepts, thereby enhancing the experiential luxury offering and reinforcing Taiwan's reputation as a premium destination.
Luxury operators adopt sustainable practices to drive eco-friendly tourism
Sustainable and responsible travel options are anticipated to become a hallmark of experiential luxury in Taiwan between 2025 and 2030, driven by heightened environmental awareness among luxury travellers. Luxury hotel operators are investing heavily in eco-conscious initiatives, integrating sustainability into their core services to align with consumer values and global environmental objectives.
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Overview:
Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Taiwan 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 Taiwan, 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 Taiwan 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 Taiwan?
- Which are the leading brands in Experiential Luxury in Taiwan?
- How are products distributed in Experiential Luxury in Taiwan?
- How important is tourism in evaluating demand for Experiential Luxury in Taiwan?
- 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 Taiwan - Category analysis
KEY DATA FINDINGS
Growth in inbound arrivals drives a dynamic increase for luxury hotels
Luxury hotels and foodservice outlets drive growth in experiential luxury through bespoke services
Growing demand for immersive luxury experiences contributes to growth
Growing demand for luxury experiences rather than goods set to drive growth
Luxury hotels in Taiwan set to drive growth through wellness and culture
Luxury operators adopt sustainable practices to drive eco-friendly tourism
Luxury Goods in Taiwan - 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?
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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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