Summary

This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Luxury Goods in Singapore

Description

Singapore continues to be one of the world’s most competitive and institutionally efficient economies. However, the country has been posting sluggish economic growth in recent years, partly owing to a decline in trade volumes. The slowdown in China, reduced oil prices and lower demand for Singapore’s exports all served to dampen consumer confidence and spending to a certain extent. However, although consumers are more cautious in their spending, they still enjoy buying products that reflect thei…

Luxury Goods in Singapore 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 2021 illustrate how the market is set to change

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Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Fine Wines/Champagne and Spirits, Luxury Eyewear, Luxury Jewellery, Luxury Leather Goods, Luxury Portable Consumer Electronics, Luxury Timepieces, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.

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.

LIST OF CONTENTS AND TABLES

Executive Summary
Economic Decline and Drop in Chinese Tourists Negatively Impact Luxury Goods
Changing Consumption Patterns Impact on Luxury Goods
Luxury Goods Remains A Fragmented Market But Growing Competition From Niche Brands
Emergence of Omnichannels Despite Ongoing Preference for Bricks and Mortar Stores
Slow But Steady Growth Expected for Luxury Goods Over the Forecast Period
Key Trends and Developments
Consumers Still Spending To A Certain Extent Despite Slow Economic Growth
Growing Number of Consumers Are Accustomed To A Luxury Lifestyle
Luxury Goods Becomes A More Competitive Market in Singapore
Distribution Favours An Omnichannel Approach To Luxury Retailing
Distribution
Summary 1 Select Luxury Shopping Centres: 2016
Summary 2 Select Luxury Department Stores: 2016

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Market Data
Table 1 Sales of Luxury Goods by Category: Value 2011-2016
Table 2 Sales of Luxury Goods by Category: % Value Growth 2011-2016
Table 3 NBO Company Shares of Luxury Goods: % Value 2011-2015
Table 4 LBN Brand Shares of Luxury Goods: % Value 2012-2015
Table 5 Distribution of Luxury Goods by Format: % Value 2011-2016
Table 6 Distribution of Luxury Goods by Format and Category: % Value 2016
Table 7 Forecast Sales of Luxury Goods by Category: Value 2016-2021

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