PROSPECTS AND OPPORTUNITIES
Sustainable luxury goods to drive consumer demand and brand differentiation
Over the forecast period, personal luxury in Spain is predicted to record a current value CAGR of 3% (2025 constant value CAGR of 1%). Sustainability is poised to become a pivotal trend across many personal luxury categories.
Luxury brands to focus on craftmanship while adopting transparency initiatives
Key players in personal luxury are predicted to prioritise a multifaceted approach to attract discerning luxury shoppers over the forecast period. Emphasis will be placed on enhancing product exclusivity and craftsmanship, with a particular focus on designer apparel and footwear (ready-to-wear) and luxury leather goods, which are expected to see solid growth.
Luxury retailers to drive growth through innovation and personalisation
Over the forecast period, the distribution of personal luxury in Spain is set to be driven by evolving consumer preferences and retail innovations. There is likely to be a consolidation of luxury department stores, such as El Corte Inglés Luxe stores, which are expected to enhance their in-store experiences to attract affluent domestic and international clients.
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Overview:
Understand the latest market trends and future growth opportunities for the Personal Luxury industry in Spain 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 Spain, 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 Spain 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 Spain?
- Which are the leading brands in Personal Luxury in Spain?
- How are products distributed in Personal Luxury in Spain?
- How important is tourism in evaluating demand for Personal Luxury in Spain?
- 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 Spain - Category analysis
KEY DATA FINDINGS
Designer apparel and footwear (ready-to-wear)
Luxury eyewear
Luxury jewellery
Luxury leather goods
Luxury wearables electronics
Luxury timepieces
Luxury writing instruments and stationery
Super premium beauty and personal care
Sustainable luxury goods to drive consumer demand and brand differentiation
Luxury brands to focus on craftmanship while adopting transparency initiatives
Luxury retailers to drive growth through innovation and personalisation
Luxury Goods in Spain - 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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