Key Points. The authors extend their gratitude to all those who contributed to it, especially to the global Bain team, including Viktor Subbotin, Egor Fetisov, Arina Lapina, Anton Matalygin, Julia Gavrilova, Masha Shiroyan, and Bain's Mining and Luxury Goods practices. All personal luxury goods categories except apparel are back to their 2019 level At category level, shoes, accessories, and jewelry were the star performers during the pandemic. According to the results of a survey about the luxury consumption in China in 2021, around 19 percent of Chinese respondents who purchased luxury items between June 2020 and June . PDF Q2 2021 An independent report by BVA BDRC, August 2021 Global personal luxury goods market grew 0-1% in Q1 2021: Bain Luxury goods sales surpass 2019 record, led by China, US: Bain 40+ Real Consulting Presentations From McKinsey, BCG, Bain, And More ... The access to the reports is reserved to Altagamma Companies. 17 May 2021. 2019 €39K+ Average spend 12,000+ •2,000 in China •2,000 in US The Wealth Report 2022 | Knight Frank Kentucky Derby rides alongside strong luxury presence. the market was the luxury resale and rental space. About the report. 8 The State of Fashion 2021 . Fast-forward to September 2021, when we conducted our most recent research for our December 2021 Global Consumer . Bain reports that online share of sales in the luxury market nearly doubIed in 2020, rising from 12% in 2019 to 23% in 2020. Luxury market rebounds in 2021, set to return to historic growth trajectory, Press release, Bain & Co, November 2021. 4.2.2 Global Top 5 and Top 10 Largest Companies of Luxury Goods in 2021 4.2.3 Global Luxury Goods Market Share by . Estimated . - Annual reports results reports . The China Luxury Car Market report provides a holistic evaluation of the market. PDF China's Unstoppable 2020 Luxury Market - Bain China is on track to become the biggest luxury market by 2025, as wealthy Chinese consumers travel less and splurge more on their home turf, a Bain report said. The Institute has analyzed a number of metrics — including sales prices, sales volumes, number of sales, sales-price-to-list-price ratios, days on market and price-per-square-foot — to provide Institute Members with a comprehensive North American Luxury Market report, and where data is sufficient, individual luxury market report overviews including single-family homes and . Luxury NFTs could become a $56 billion market by 2030 and could see 'dramatically' increased demand thanks to the metaverse . PDF The Global Diamond Industry 2021-22 - Antwerp World Diamond Centre Market Research (Recommended) The report notes China's luxury market reached $123 billion (110 billion euros) in 2018, growing by six percent from the prior year. THE 7TH TRUE-LUXURY GLOBAL CONSUMER INSIGHT EDITION CONDUCTED IN TWO FIELD MOMENTS: PRE-COVID (JANUARY 2020) AND POST-COVID (JUNE 2020) €37K+ Average spend2 12,000+ Respondents 10 Fifth Ed. On the e-commerce front, China's annual luxury online penetration increased from about 13% in 2019 to 23% in 2020 (see Figure 8). Customers purchase bags at a duty-free shop in Haikou, Hainan province, on Oct 1, 2021. In the first quarter of 2021, revenue from luxury products grew up to 1% compared to the same period in 2019, the US management consultancy group said in its Luxury . Global Fashion & Luxury Private Equity and Investors Survey 2021Key takeaways Business Performance of F&L Industry COVID-19 impact and expected recovery from market's perspective Considering a selected panel of 81 players, operating in the Luxury industry, the global market was valued almost $633bn in 2019 in terms of sales. Bain, Altagamma Forecast Rapid Luxury Rebound | BoF Bain x Altagamma Luxury Report: Luxury Has Fully Returned Department stores declined by 8% and went from 18% SOM to 15% in 2021.. PDF LUXURY MARKET REPORT MAY 2022 - Luxury Home Marketing PDF Bain Report Global Diamond Industry Portrait of Growth The SME Finance Monitor Q2 2021 2 This survey was commissioned to provide a robust and respected independent source of information . 2. PDF The State of Fashion 2021 - McKinsey & Company A new report says sustainable luxury, especially for Gen Z, means more resale, rental, visual supply chains and inclusive "think-fluencers." By Kaley Roshitsh March 10, 2021, 3:13pm Les Arts. -12.2% 51.4% US$2.5 billion Analysts expected global wealth to contract, and perhaps severely. Though some of those stringent measures are being eased in many places, Bain predicted that there will be a full-year contraction of between 20% to 35% for the personal luxury market. China: share of luxury consumers by age 2021 - Statista