Published on : Sep 13, 2017
Albany, New York, September 13, 2017: As the standard of living increases across the world, the demand for luxury apparel is also increasing. Today, they can be found in all the countries of the world. But of course, their popularity differs in different countries. With a prime focus on EMEA (Europe, Middle East and Africa) market, a new study focusing on the luxury apparels market status has been broadcasted to the wide repository of Market Research Hub (MRH). The study is titled as “EMEA (Europe, Middle East and Africa) Luxury Apparels Market Report 2017” which provides in-depth analysis covering major regions, competitiveness and vital aspects related to luxury apparels market.
Luxury apparel is a term connected with the rich and the popular. It helps in creating an impression that is different altogether before the masses. Luxury apparels are usually very expensive and can be afforded only by a few. However, over the years several designers and fashion brands have started reaching out the broader range of customers through affordable products. At the beginning, the study starts with the market overview of luxury apparels along with introduction, scope and market segmentation by type and applications.
Also, the research presents a descriptive overall market performance, considering a number of factors, such as the manufacturing volume, product pricing, the dynamics of demand and supply, capacity utilization, export/import, revenue generation and the growth rate of luxury apparels market for the given forecast period of 2017 to 2022. As per the research findings, the EMEA Headlight Tester market has performed well in 2016 and is anticipated to generate substantial revenue in future till 2025. Also, the market will rapidly surge at an impressive CAGR between 2016 and 2022. Also, European countries like Italy, France, and Germany have remained major consumers of luxury apparel from the very beginning. The global economic slowdown has affected their buying decision to a certain extent. But they still lead the consumption of luxury apparel.
On the basis of product material type, the EMEA luxury apparels market is segmented into leather, cotton, denim, and silk. Of these, the preference for cotton due to its convenience in hot and humid weather in regions such as Asia Pacific and the Middle East and Africa has triggered a monumental demand. This report shows the sales volume (K Units), revenue (Million USD), production, price, market share and growth rate of each product type. Based on end-users/applications, this report focuses on the status and outlook for major applications which are man and women. As per the report, the women’s luxury apparel segment is currently dominating the market, representing over half of the market share.
Some of the widely recognized luxury brands of the world profiled in this study are Kering, Dolce and Gabbana, LVMH, Versace, Ralph Lauren, Ermenegildo Zegna, Prada, Hugo Boss, Burberry, Giorgio Armani, Chanel and Kiton.
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