Personal Luxury in Malaysia
Personal luxury is set to see current value growth of 11% in 2023 to reach MYR8.4 billion, supported by strong performances from leading brand providers, such as Louis Vuitton Malaysia Sdn Bhd, Hermes Retail (M) Sdn Bhd and Richemont Luxury Malaysia Sdn Bhd. In 2023, value growth has been boosted by individuals deciding to invest in luxury goods such as designer apparel and footwear (ready-to-wear) and luxury leather goods as an alternative asset class. Additionally, the idea that some of these...
Euromonitor International's Personal Luxury in Malaysia report offers a comprehensive guide to the size and shape of the Personal Luxury 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 Personal Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2027 illustrate how the market is set to change
Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Leather Goods, Luxury Timepieces, Luxury Wearables Electronics, 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?
Euromonitor International's Personal Luxury in Malaysia report offers a comprehensive guide to the size and shape of the Personal Luxury 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 Personal Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2027 illustrate how the market is set to change
Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Luxury Eyewear, Luxury Jewellery, Luxury Leather Goods, Luxury Timepieces, Luxury Wearables Electronics, 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 Personal Luxury 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.
PERSONAL LUXURY IN MALAYSIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Personal luxury sees full recovery in 2023
Designer apparel and footwear (ready-to-wear) bounces back as life returns to relative normality
Luxury eyewear sees healthy growth as consumers enjoy their newfound sense of freedom
Luxury jewellery sales benefit from the return of special events and occasions
Luxury leather goods benefits from uptick in travel and the desirability of luxury handbags
Luxury wearables electronics benefits from growing focus on health and fitness in 2023
Luxury timepieces enjoys value sales increase
Luxury writing instruments and stationery on the rise in 2023 as consumers return to in-store shopping
Super premium beauty and personal care on the rise as consumers place a renewed focus on personal appearance
Louis Vuitton Malaysia Sdn Bhd leads personal luxury in 2022 while Dior hosts eye-catching pop-up event in 2023
PROSPECTS AND OPPORTUNITIES
Bright outlook for the forecast period
Designer apparel and footwear (ready-to-wear) set to benefit from consumer desire to have the latest fashions with collaborations likely to feature prominently
Luxury wearables electronics is expected to see the most dynamic growth but luxury timepieces likely to remain more popular with investors
CATEGORY DATA
Table 1 Sales of Personal Luxury by Category: Value 2018-2023
Table 2 Sales of Personal Luxury by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Personal Luxury: % Value 2018-2023
Table 4 LBN Brand Shares of Personal Luxury: % Value 2019-2023
Table 5 Distribution of Personal Luxury by Format: % Value 2018-2023
Table 6 Forecast Sales of Personal Luxury by Category: Value 2023-2028
Table 7 Forecast Sales of Personal Luxury by Category: % Value Growth 2023-2028
LUXURY GOODS IN MALAYSIA
EXECUTIVE SUMMARY
Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2018-2023
Table 9 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 11 NBO Company Shares of Luxury Goods: % Value 2018-2023
Table 12 LBN Brand Shares of Luxury Goods: % Value 2019-2023
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 14 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
KEY DATA FINDINGS
2023 DEVELOPMENTS
Personal luxury sees full recovery in 2023
Designer apparel and footwear (ready-to-wear) bounces back as life returns to relative normality
Luxury eyewear sees healthy growth as consumers enjoy their newfound sense of freedom
Luxury jewellery sales benefit from the return of special events and occasions
Luxury leather goods benefits from uptick in travel and the desirability of luxury handbags
Luxury wearables electronics benefits from growing focus on health and fitness in 2023
Luxury timepieces enjoys value sales increase
Luxury writing instruments and stationery on the rise in 2023 as consumers return to in-store shopping
Super premium beauty and personal care on the rise as consumers place a renewed focus on personal appearance
Louis Vuitton Malaysia Sdn Bhd leads personal luxury in 2022 while Dior hosts eye-catching pop-up event in 2023
PROSPECTS AND OPPORTUNITIES
Bright outlook for the forecast period
Designer apparel and footwear (ready-to-wear) set to benefit from consumer desire to have the latest fashions with collaborations likely to feature prominently
Luxury wearables electronics is expected to see the most dynamic growth but luxury timepieces likely to remain more popular with investors
CATEGORY DATA
Table 1 Sales of Personal Luxury by Category: Value 2018-2023
Table 2 Sales of Personal Luxury by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Personal Luxury: % Value 2018-2023
Table 4 LBN Brand Shares of Personal Luxury: % Value 2019-2023
Table 5 Distribution of Personal Luxury by Format: % Value 2018-2023
Table 6 Forecast Sales of Personal Luxury by Category: Value 2023-2028
Table 7 Forecast Sales of Personal Luxury by Category: % Value Growth 2023-2028
LUXURY GOODS IN MALAYSIA
EXECUTIVE SUMMARY
Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2018-2023
Table 9 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 11 NBO Company Shares of Luxury Goods: % Value 2018-2023
Table 12 LBN Brand Shares of Luxury Goods: % Value 2019-2023
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 14 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
