Key Trends and Opportunities in the APAC Luxury Market to 2026: Circular Luxury Gains Traction as Millennials Look for Sustainable and Affordable Products – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Asia Pacific (APAC) Luxury Retailing Market Size, Consumer and Retail Trends, Competitive Landscape and Forecast, 2016-2026” report has been added to ResearchAndMarkets.com’s offering.

APAC luxury retail market has experienced a growth of 29.7% in 2021, to reach $122 billion, 10.8% above 2019 as vaccination drives helped restore consumer confidence in the region.

The report provides an overview of the APAC Luxury Retailing which includes Analysis, market forecasts, brands and trends in the APAC Luxury Retail Market 2016-2026

Report Scope

• The APAC region is forecast to be the second fastest-growing region over the next five years
• Circular luxury gains traction in luxury retail as millennial consumers look for sustainable and affordable products
• NFTs and metaverse allow luxury retailers to market products and provide an alternate source of revenue

Key Report Benefits

• Gain a comprehensive knowledge on APAC Luxury retail market and develop a competitive advantage
• Investigate current trends in APAC luxury retail market to identify the best opportunities to exploit
• Analysis of key luxury retail players operating in America
• Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the key consumer and technology trends influencing the luxury fashion market in APAC region
• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior in APAC region

Key Topics Covered:

• Executive Summary
• Key Trends in the APAC Luxury Market
• APAC Market Size and Forecasts 2016-2026
• Regional Performance & Forecasts 2016-2026
• Category Performance & Forecasts 2016-2026
• Competitive Landscape: Top 10 Brands
• Competitive Landscape: Brand Profiles

Companies Mentioned

• LVMH
• Richemont
• Kering
• Chanel
• Swatch
• Hermes
• Prada
• Burberry
• Capri Holding

For more information about this report visit https://www.researchandmarkets.com/r/hknqc9

Source: GlobalData

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