Market Overview:
The global luxury e-tailing market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing penetration of internet and smartphones, rising disposable income, and growing demand for luxury products among millennials. Based on type, the global luxury e-tailing market is segmented into shoes, handbags & wallets, clothing, jewelry, watches and others. The shoes segment is expected to account for the largest share in terms of revenue in 2018 owing to high demand for branded shoes among consumers across all age groups. Based on application, the market is divided into < 25 years old group; 25-40 years old group; 41-60 years old group; > 60 years old group segments. Among these groups, millennials are anticipated to be one of the key drivers for growth in this market as they account for a significant portion of spending on luxury products globally.
Product Definition:
Luxury e-tailing is a term used for the selling of luxury goods and services online. Luxury e-tailers offer a wide range of products, from high-end fashion to rare collectibles. The importance of luxury e-tailing is that it allows customers to buy products from the comfort of their homes, and often at lower prices than those offered by traditional brick-and-mortar stores.
Shoes:
Shoes is an online luxury e-tailing platform. It helps customers to buy and sell high end designer shoes with multiple touchpoints such as social media, search, and recommendations. The company provides a seamless shopping experience to its users by taking into account the entire supply chain of the product from manufacturer to consumer.
Handbags & Wallets:
Handbags & Wallets is a software that helps in organizing the inventory of handbags and wallets. It also helps to keep track of the sales volume, price, and other related information about each product. The data entered through this software is then transferred to an external system for further analysis.
The main objective behind introducing this software into the market was to help retailers in increasing their productivity by reducing manual work involved in managing products such as bags and wallets.
Application Insights:
The 25-40 years age group is considered as the most important consumer group for luxury e-commerce companies. The rising importance of this demographic can be attributed to the growing aging population and increasing disposable income. According to a study conducted by L2, in 2018, around 40% of millennials (born between 1980 and 2000) purchased luxury products over the internet compared with only 15% of baby boomers (born between 1946 and 1964). Furthermore, according to a study published by LVMH in 2017, it was estimated that millennials spend more than baby boomers on average do on watches. This trend is expected to continue over the next few years thus driving demand for watches which are one of the major categories sold through e-commerce platforms.
The other application segment includes beauty products such as skincare & haircare kits which are widely popular among women aged 21 - 30 years across different regions including North America and Europe.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well owing to increasing purchasing power of consumers and rising awareness about online shopping. China, Japan, Hong Kong, Singapore, South Korea are some of the prominent markets in Asia Pacific where luxury e-commerce has gained significant traction over the past few years.
North America is also anticipated to witness a steady growth rate during the forecast period owing to growing internet penetration and high disposable income among consumers especially millennials in U.S.
Growth Factors:
- Increasing disposable income of the consumers: The growth in the luxury e-tailing market is majorly attributed to the increasing disposable income of the consumers. With increase in their purchasing power, people are inclining towards buying luxury products online.
- Rising trend of online shopping: Another key factor that is driving the growth of this market is the rising trend of online shopping among consumers across all age groups. This has resulted in an increase in demand for luxury products and services through e-commerce platforms.
- Proliferation of smartphones and tablets: The proliferation of smartphones and tablets has also played a significant role in propelling the growth Luxury E-tailing market as these devices offer a convenient platform for browsing and purchasing high-end products online. In addition, with advancements being made in mobile technology, users are now able to access better quality content which is further aiding this segment’s growth prospects .
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury E-tailing Market Research Report
By Type
Shoes, Handbags & Wallets, Clothing, Jewelry, Watches
By Application
< 25 yrs, 25-40 yrs, 41-60 yrs, >60 yrs
By Companies
Neiman Marcus, Net-A-Porter, Nordstrom, Ralph Lauren, Saks Fifth Avenue, Amara, Barneys, Charms and Chain, DellOglio, Exclusively.com, Harrods, Hudson Bay, Luisa-Via-Roma, Montaigne Market, Yoox
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Luxury E-tailing Market Report Segments:
The global Luxury E-tailing market is segmented on the basis of:
Types
Shoes, Handbags & Wallets, Clothing, Jewelry, Watches
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
< 25 yrs, 25-40 yrs, 41-60 yrs, >60 yrs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Neiman Marcus
- Net-A-Porter
- Nordstrom
- Ralph Lauren
- Saks Fifth Avenue
- Amara
- Barneys
- Charms and Chain
- DellOglio
- Exclusively.com
- Harrods
- Hudson Bay
- Luisa-Via-Roma
- Montaigne Market
- Yoox
Highlights of The Luxury E-tailing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Shoes
- Handbags & Wallets
- Clothing
- Jewelry
- Watches
- By Application:
- < 25 yrs
- 25-40 yrs
- 41-60 yrs
- >60 yrs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Luxury E-tailing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Luxury e-tail is a term used to describe the sale of high-end, luxury items online. This can include items such as clothing, home goods, and accessories. Luxury e-tailers often have more extensive product offerings than traditional online retailers, and may also offer customer service that goes beyond what is typically available from brick-and-mortar stores.
Some of the key players operating in the luxury e-tailing market are Neiman Marcus, Net-A-Porter, Nordstrom, Ralph Lauren, Saks Fifth Avenue, Amara, Barneys, Charms and Chain, DellOglio, Exclusively.com, Harrods, Hudson Bay, Luisa-Via-Roma, Montaigne Market, Yoox.
The luxury e-tailing market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Luxury E-tailing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Luxury E-tailing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Luxury E-tailing Market - Supply Chain
4.5. Global Luxury E-tailing Market Forecast
4.5.1. Luxury E-tailing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Luxury E-tailing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Luxury E-tailing Market Absolute $ Opportunity
5. Global Luxury E-tailing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Luxury E-tailing Market Size and Volume Forecast by Type
5.3.1. Shoes
5.3.2. Handbags & Wallets
5.3.3. Clothing
5.3.4. Jewelry
5.3.5. Watches
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Luxury E-tailing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Luxury E-tailing Market Size and Volume Forecast by Application
6.3.1. < 25 yrs
6.3.2. 25-40 yrs
6.3.3. 41-60 yrs
6.3.4. >60 yrs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Luxury E-tailing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Luxury E-tailing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Luxury E-tailing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Luxury E-tailing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Luxury E-tailing Demand Share Forecast, 2019-2026
9. North America Luxury E-tailing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Luxury E-tailing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Luxury E-tailing Market Size and Volume Forecast by Application
9.4.1. < 25 yrs
9.4.2. 25-40 yrs
9.4.3. 41-60 yrs
9.4.4. >60 yrs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Luxury E-tailing Market Size and Volume Forecast by Type
9.7.1. Shoes
9.7.2. Handbags & Wallets
9.7.3. Clothing
9.7.4. Jewelry
9.7.5. Watches
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Luxury E-tailing Demand Share Forecast, 2019-2026
10. Latin America Luxury E-tailing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Luxury E-tailing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Luxury E-tailing Market Size and Volume Forecast by Application
10.4.1. < 25 yrs
10.4.2. 25-40 yrs
10.4.3. 41-60 yrs
10.4.4. >60 yrs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Luxury E-tailing Market Size and Volume Forecast by Type
10.7.1. Shoes
10.7.2. Handbags & Wallets
10.7.3. Clothing
10.7.4. Jewelry
10.7.5. Watches
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Luxury E-tailing Demand Share Forecast, 2019-2026
11. Europe Luxury E-tailing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Luxury E-tailing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Luxury E-tailing Market Size and Volume Forecast by Application
11.4.1. < 25 yrs
11.4.2. 25-40 yrs
11.4.3. 41-60 yrs
11.4.4. >60 yrs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Luxury E-tailing Market Size and Volume Forecast by Type
11.7.1. Shoes
11.7.2. Handbags & Wallets
11.7.3. Clothing
11.7.4. Jewelry
11.7.5. Watches
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Luxury E-tailing Demand Share, 2019-2026
12. Asia Pacific Luxury E-tailing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Luxury E-tailing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Luxury E-tailing Market Size and Volume Forecast by Application
12.4.1. < 25 yrs
12.4.2. 25-40 yrs
12.4.3. 41-60 yrs
12.4.4. >60 yrs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Luxury E-tailing Market Size and Volume Forecast by Type
12.7.1. Shoes
12.7.2. Handbags & Wallets
12.7.3. Clothing
12.7.4. Jewelry
12.7.5. Watches
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Luxury E-tailing Demand Share, 2019-2026
13. Middle East & Africa Luxury E-tailing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Luxury E-tailing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Luxury E-tailing Market Size and Volume Forecast by Application
13.4.1. < 25 yrs
13.4.2. 25-40 yrs
13.4.3. 41-60 yrs
13.4.4. >60 yrs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Luxury E-tailing Market Size and Volume Forecast by Type
13.7.1. Shoes
13.7.2. Handbags & Wallets
13.7.3. Clothing
13.7.4. Jewelry
13.7.5. Watches
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Luxury E-tailing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Luxury E-tailing Market: Market Share Analysis
14.2. Luxury E-tailing Distributors and Customers
14.3. Luxury E-tailing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Neiman Marcus
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Net-A-Porter
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nordstrom
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ralph Lauren
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Saks Fifth Avenue
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Amara
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Barneys
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Charms and Chain
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DellOglio
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Exclusively.com
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Harrods
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hudson Bay
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Luisa-Via-Roma
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Montaigne Market
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yoox
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
