Luxury Goods Retailing in the Americas 2015-2020; Market dynamics, trends and competitive landscape REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The luxury goods market in the Americas is forecast to grow at a CAGR of 3.8% during 2015 to 2020. The US is the largest luxury goods retail market in the Americas, accounting for a 91.8% share with a sales of USD 102.1 billion in 2015. Though the US is a mature market, it is expected to observe the highest increase in value sales of USD 20 billion over the next five years driven by economic recovery and thriving demand from aspirational consumers and tourists. However, a stronger US dollar will continue taking its toll resulting in relatively slower growth than that observed in the five years to 2015. Key Findings The US is the largest luxury goods retail market in the Americas, accounting for a 91.8% share with sales of USD 102.1 billion in 2015. By 2020, the market is forecast to grow at a CAGR of 3.7% to reach USD 122.2 billion. Clothing remains to be the largest product category while communications equipment will be the fastest growing category in the region Weaker currency against the US dollar is attracting tourists to Latin America and Canada which in turn will boost the tourists spend in the luxury goods market Despite the growing UHNWI population in Brazil, Argentina and Venezuela, strict import regulations, high taxes, economic crises and inflation encourage the affluent to buy luxury goods from other countries when they are travelling to save on huge taxes. Luxury brands such as Ralph Lauren and Sephora are enhancing in-store customer experiences using digital technology Synopsis The “Luxury Goods Retailing in the Americas 2015-2020” report, published by Verdict Research, provides analysis of current and forecast market data for luxury goods retail sales in different product categories across the Americas. What else does this report offer? Current market sizes and forecasts to 2020 by country and category; Covers nine countries in the Americas-Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, US and Venezuela and 12 categories, including clothing, consumer electronics, drinks, footwear, homewares, jewelry, watches and accessories, luggage and leather goods, personal care, communication equipment, stationery, tobacco, and others Market insights based on consumer and retailer trends and changing economic and other macroeconomic factors such as tourists flows and currency fluctuations Ultra-high net worth individual (UHNWI) analysis by country, 2015 & 2025 Inbound tourists analysis in selected countries, 2010, 2015 & 2020 Luxury goods share of retail sales by category in each country, 2015 & 2020 Competitive landscape covering market share of 10 leading luxury goods retailers in the region and their five year sales and trading update analysis, store counts analysis, recent key events and outlook Reasons To Buy Get immediate access to: Get reliable luxury retail sales data on nine countries in the Americas for 2015 with forecasts for 2020, and identify the largest and fastest-growing markets to inform market expansion and to manage risk Explore an in-depth analysis of luxury goods retail sales data by country and categories to spot and target key categories in each country, and use to plan growth opportunities and develop strategies for each Learn from luxury retail trends and market drivers to customize your entry/expansion approach depending on the luxury retail landscape Make country level comparisons to effectively target new revenue streams and align marketing strategies with the crucial trends influencing luxury spending in the region Choose partners , understand the competition, with data and analysis of major luxury goods operators in the region, including market shares, trading performance, latest developments, and the outlook for each Source: https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/luxury-goods-retailing-americas/48907-95.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Americas, arrivals, biggest & fastest growing markets, clothing, communication equipment, consumer electronics, drinks, footwear, furniture, homewares, innovative retailers, International arrivals, jewelry, Luggage and Leather Goods, luxury goods, luxury retail, major luxury brands, market dynamics, Market Share, outlook, personal care, recent key events, Retail, retail innovation, revenue, stationery, tobacco, tourism, travel, watches and accessories