Authored By: Sarah
16 Jul 2021

Luxury E-tailing Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

The luxury e-tailing market is expected to grow by USD 21.65 bn, accelerating at a CAGR of almost 8% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Luxury E-tailing Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years. 

  • Market is segmented Product (Personal luxury, Food and wine, and Home accessories), Distribution Channel (Multi-brand and Mono-brand), and Geography (APAC, North America, Europe, MEA, and South America). 
  • 47% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Luxury E-tailing Market size. 

Luxury E-tailing Market Size to Grow by USD 21.65 bn through 2021-2025 | Leading Segments and Market Trends

Luxury E-tailing Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • Rise in online spending and smartphone penetration will be a significant factor in driving the growth of the Luxury E-tailing Market.
  • Growth by the personal luxury segment has been significant and is expected to provide significant growth opportunities to market vendors.
  • Dhift in consumer behavior is another factor that will influence market growth.

Luxury E-tailing Market Size to Grow by USD 21.65 bn through 2021-2025 | Leading Segments and Market TrendsLuxury E-tailing Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Amara Living Ltd., Authentic Brands Group LLC, CHANEL Ltd., Hudsons Bay Co., LVMH Moet Hennessy - Louis Vuitton, Neiman Marcus Group Ltd. LLC, Nordstrom Inc., Ralph Lauren Corp., and THE NET-A-PORTER GROUP Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 8%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 21.65 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    rise in online spending and smartphone penetration will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    47% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Amara Living Ltd., Authentic Brands Group LLC, CHANEL Ltd., Hudsons Bay Co., LVMH Moet Hennessy - Louis Vuitton, Neiman Marcus Group Ltd. LLC, Nordstrom Inc., Ralph Lauren Corp., and THE NET-A-PORTER GROUP Ltd.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Personal luxury, Food and wine, and Home accessories), Distribution Channel (Multi-brand and Mono-brand), and Geography (APAC, North America, Europe, MEA, and South America)
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