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Luxury Goods in the United Kingdom

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Luxury goods is set to experience double-digit current value growth in 2022 as the UK has lifted its pandemic-related restrictions. The return to more normal levels of lifestyles is leading to a more positive outlook which is boosting consumer confidence to make discretionary purchases again, and thereby encouraging a return to luxury stores. The lifting of travel restrictions is allowing for the slow return of foreign tourists to the UK and this is also contributing to creating greater demand f...

Euromonitor International's Luxury Goods in United Kingdom report offers a comprehensive guide to the size and shape of the Luxury Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Goods retailing along with the development of consumers' shopping patterns. Forecasts to 2026 illustrate how the market is set to change

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

Get a detailed picture of the Luxury Goods market; Pinpoint growth sectors and identify factors driving change; Understand the competitive environment, the market's major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.
Product Code: LUXGB

TABLE OF CONTENTS

List Of Contents And Tables

EXECUTIVE SUMMARY

Luxury goods in 2022: The big picture 2022 key trends: Luxury consumers demand longevity, sustainability and meaning Competitive landscape Retailing developments What next for luxury goods?

MARKET DATA

Table 1 Sales of Luxury Goods by Category: Value 2017-2022 Table 2 Sales of Luxury Goods by Category: % Value Growth 2017-2022 Table 3 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022 Table 4 NBO Company Shares of Luxury Goods: % Value 2017-2021 Table 5 LBN Brand Shares of Luxury Goods: % Value 2018-2021 Table 6 Distribution of Luxury Goods by Format and Category: % Value 2022 Table 7 Forecast Sales of Luxury Goods by Category: Value 2022-2027 Table 8 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027

DISCLAIMER

SOURCES

Summary 1 Research Sources

EXPERIENTIAL LUXURY IN THE UNITED KINGDOM

KEY DATA FINDINGS

2022 DEVELOPMENTS

Experiential luxury sales continue to recover from impact of pandemic Ongoing return of domestic and international tourism in 2022

PROSPECTS AND OPPORTUNITIES

Potential growth opportunities in luxury foodservice post-pandemic New openings and luxury hospitality trends

CATEGORY DATA

Table 9 Sales of Experiential Luxury by Category: Value 2017-2022 Table 10 Sales of Experiential Luxury by Category: % Value Growth 2017-2022 Table 11 NBO Company Shares of Experiential Luxury: % Value 2017-2021 Table 12 LBN Brand Shares of Experiential Luxury: % Value 2018-2021 Table 13 Forecast Sales of Experiential Luxury by Category: Value 2022-2027 Table 14 Forecast Sales of Experiential Luxury by Category: % Value Growth 2022-2027

FINE WINES/CHAMPAGNE AND SPIRITS IN THE UNITED KINGDOM

KEY DATA FINDINGS

2022 DEVELOPMENTS

Recovery from pandemic leads to slowing retail demand for alcoholic drinks Return of fine champagne Luxury spirits proves less resilient

PROSPECTS AND OPPORTUNITIES

Tequila is marked as the spirit to watch Lifting of trade tariffs opens door for growth of US spirits in the UK Celebrity endorsements boost traditional luxury cognac

CATEGORY DATA

Table 15 Sales of Fine Wines/Champagne and Spirits by Category: Value 2017-2022 Table 16 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2017-2022 Table 17 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2017-2021 Table 18 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2018-2021 Table 19 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2017-2022 Table 20 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2022-2027 Table 21 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2022-2027

PREMIUM AND LUXURY CARS IN THE UNITED KINGDOM

KEY DATA FINDINGS

2022 DEVELOPMENTS

Impact of pandemic on premium and luxury cars A final generation of petrol-driven supercars for some brands

PROSPECTS AND OPPORTUNITIES

Growth of electric car industry A hybrid future for supercars

CATEGORY DATA

Table 22 Sales of Premium and Luxury Cars: Value 2017-2022 Table 23 Sales of Premium and Luxury Cars: % Value Growth 2017-2022 Table 24 NBO Company Shares of Premium and Luxury Cars: % Value 2017-2021 Table 25 LBN Brand Shares of Premium and Luxury Cars: % Value 2018-2021 Table 26 Forecast Sales of Premium and Luxury Cars: Value 2022-2027 Table 27 Forecast Sales of Premium and Luxury Cars: % Value Growth 2022-2027

PERSONAL LUXURY IN THE UNITED KINGDOM

KEY DATA FINDINGS

2022 DEVELOPMENTS

Designer apparel and footwear (ready-to-wear) continues to recover with consumers celebrating a return to "normality" Luxury spectacle frames remains stronger performer in luxury eyewear Luxury jewellery sees booming demand from greater disposable income during pandemic Luxury leather goods remain key wardrobe items Luxury wearables benefits from consumer demand for smart devices Luxury timepieces appeal to investment-focused consumers Luxury writing instruments and stationery Super premium beauty and personal care

PROSPECTS AND OPPORTUNITIES

Luxury leather goods set to record strong growth as consumers search for exceptional products Designer apparel and footwear continues to benefit from revenge spending Luxury jewellery and timepieces forecast for strong growth as investments

CATEGORY DATA

Table 28 Sales of Personal Luxury by Category: Value 2017-2022 Table 29 Sales of Personal Luxury by Category: % Value Growth 2017-2022 Table 30 NBO Company Shares of Personal Luxury: % Value 2017-2021 Table 31 LBN Brand Shares of Personal Luxury: % Value 2018-2021 Table 32 Distribution of Personal Luxury by Format: % Value 2017-2022 Table 33 Forecast Sales of Personal Luxury by Category: Value 2022-2027 Table 34 Forecast Sales of Personal Luxury by Category: % Value Growth 2022-2027