PROSPECTS AND OPPORTUNITIES
More brands entering the country will boost the growth of personal luxury
Personal luxury is slated for strong growth over the forecast period. The forecast period is expected to see super premium beauty and personal care remain the largest category in personal luxury.
The online channel is gaining in relevance both for the sale of products and for communication
Although practically all personal luxury brands have an online presence, not all of them can easily sell their products through this channel because, due to their high price and the importance of aesthetics, in some categories such as fine jewellery and luxury timepieces, people prefer to physically see the product and touch it before deciding to make a purchase.
Greater customer knowledge and personalised approach are key for personal luxury buyers
Personalisation in brands’ approach to customers is a key factor in the sale of personal luxury products, especially in those higher-priced products such as luxury fine jewellery, luxury timepieces and super premium skin care. Consumers with greater purchasing power could have access to almost anything that they want to buy, so when approaching brands they are looking for experiences rather than just products.
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Overview:
Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Argentina 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 Personal Luxury industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Personal Luxury in Argentina 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 Personal Luxury in Argentina?
- Which are the leading brands in Personal Luxury in Argentina?
- How are products distributed in Personal Luxury in Argentina?
- How important is tourism in evaluating demand for Personal Luxury in Argentina?
- 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?
Personal Luxury in Argentina - Category analysis
KEY DATA FINDINGS
Designer apparel and footwear (ready-to-wear)
Luxury eyewear
Luxury jewellery
Luxury leather goods
Luxury wearables
Luxury timepieces
Luxury writing instruments and stationery
Super premium beauty and personal care
More brands entering the country will boost the growth of personal luxury
The online channel is gaining in relevance both for the sale of products and for communication
Greater customer knowledge and personalised approach are key for personal luxury buyers
Luxury Goods in Argentina - 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:
Personal Luxury
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- Men's Designer Apparel
- Women's Designer Apparel
- Designer Childrenswear
- Designer Clothing Accessories and Hosiery
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- Children's Designer Footwear
- Men's Designer Footwear
- Women's Designer Footwear
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- Luxury Spectacle Frames
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- Men's Luxury Sun Glasses
- Women's Luxury Sun Glasses
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- Luxury Costume Jewellery
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- Men's Luxury Fine Jewellery
- Women's Luxury Fine Jewellery
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- Men's Luxury Bags and Small Leather Goods
- Women's Luxury Bags and Small Leather Goods
- Luxury Travel Goods
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- Luxury Wearables Electronics
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- Men's Luxury Timepieces
- Women's Luxury Timepieces
- Luxury Writing Instruments and Stationery
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- Super Premium Colour Cosmetics
- Super Premium Fragrances
- Super Premium Skin Care
- Other Super Premium Beauty and Personal Care
Personal Luxury
This is an aggregation of Designer Clothing and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Timepieces, Luxury Leather Goods, Luxury Writing Instruments and Stationery, Luxury Portable Consumer Electronics and Super Premium Beauty and Personal Care.
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 Personal Luxury research and analysis database.
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