PROSPECTS AND OPPORTUNITIES
Growing demand for sustainable personal luxury products set to drive growth
Personal luxury in the US is expected to grow at a retail current value compound annual growth rate (CAGR) of 4% (2025 constant value CAGR of 2%) during the forecast period. Designer apparel and footwear is expected to remain the largest category within personal luxury, with sales anticipated to reach USD43 billion in 2030.
Luxury brands will prioritise the use of technology and deepening consumer engagement
The strategic deployment of technology will play a crucial role in advancing sustainable and ethical practices within personal luxury. Technologies such as blockchain, AI-driven analytics, and smart tagging solutions will enable real-time supply chain monitoring, enhanced material traceability, and optimised resource efficiency.
Luxury retailers anticipated to adopt omnichannel strategies to boost sales
The personal luxury retail landscape in the US is projected to evolve towards a more integrated and multi-channel approach between 2025 and 2030, combining physical and digital presences to effectively meet diverse consumer expectations. Luxury brands operating their own stores are expected to increasingly adopt an omnichannel strategy, leveraging innovations such as augmented reality try-on tools and enhanced customer service features to create seamless shopping experiences both online and offline.
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Overview:
Understand the latest market trends and future growth opportunities for the Personal Luxury industry in USA 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 USA, 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 USA 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 USA?
- Which are the leading brands in Personal Luxury in USA?
- How are products distributed in Personal Luxury in USA?
- How important is tourism in evaluating demand for Personal Luxury in USA?
- 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 the US - 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
Growing demand for sustainable personal luxury products set to drive growth
Luxury brands will prioritise the use of technology and deepening consumer engagement
Luxury retailers anticipated to adopt omnichannel strategies to boost sales
Luxury Goods in the US - 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:
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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