PROSPECTS AND OPPORTUNITIES
Sustainability to drive personal luxury through eco-friendly innovations
Personal luxury in France is projected to record a 3% current value CAGR over the forecast period to reach EUR30 billion. The largest category within personal luxury is expected to be designer apparel and footwear (ready-to-wear), with sales forecast to reach EUR11.
Luxury brands likely to increasingly adopt transparent practices to build consumer trust
To meet the emerging consumer expectation for transparency, personal luxury brands are set to accelerate efforts to ensure traceability and accountability within their supply chains. This will involve greater use of certifications and ethical sourcing protocols, alongside the adoption of advanced technologies such as blockchain to provide verifiable product histories.
Luxury retailers set to adapt to changing consumer preferences and digital trends
Luxury department stores, iconic to the French luxury retail landscape, are anticipated to regain some traction, driven by a predicted 13% increase in inbound tourism over the forecast period, particularly from Asia Pacific. This resurgence is expected to bolster the appeal of landmark locations such as Place Vendôme, which remains a pivotal hub for luxury jewellery and timepieces.
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Overview:
Understand the latest market trends and future growth opportunities for the Personal 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 Personal 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 Personal 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 Personal Luxury in France?
- Which are the leading brands in Personal Luxury in France?
- How are products distributed in Personal Luxury in France?
- How important is tourism in evaluating demand for Personal 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?
Personal Luxury in France - 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
Sustainability to drive personal luxury through eco-friendly innovations
Luxury brands likely to increasingly adopt transparent practices to build consumer trust
Luxury retailers set to adapt to changing consumer preferences and digital trends
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:
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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