Luxury Goods Retailing in the Americas 2015-2020; Market dynamics, trends and competitive landscape
Report Description The luxury goods market in the Americas is forecast to grow at a CAGR of 3.8% during 2015 to 2020. The US is the largest luxury goods retail market in the Americas, accounting for a 91.8% share with a sales of US$102.1 billion in 2015. Though the US is a mature market, it is expected to observe the highest increase in value sales of US$20 billion over the next five years driven by economic recovery and thriving demand from aspirational consumers and tourists. However, a stronger US dollar will continue taking its toll resulting in relatively slower growth than that observed in the five years to 2015. Synopsis The “Luxury Goods Retailing in the Americas 2015-2020� report, provides analysis of current and forecast market data for luxury goods retail sales in different product categories across the Americas.
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Key Findings - The US is the largest luxury goods retail market in the Americas, accounting for a 91.8% share with sales of US$102.1 billion in 2015. By 2020, the market is forecast to grow at a CAGR of 3.7% to reach US$122.2 billion. - Clothing remains to be the largest product category while communications equipment will be the fastest growing category in the region
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Table of Contents
Executive Summary
The Americas - regional analysis
Snippets of key luxury goods retail market trends
Other key info
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