E-Retailing to Dampen the Demand for Luxury Goods in the United States : Ken Research 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 report titled “Luxury Goods in the United States”, provides a comprehensive analysis of luxury goods market in the US, various luxury goods, leading vendors in luxury goods, trends in luxury goods market in the US, and future of luxury goods market in the United States. As the disposable income increases, consumers’ wealth increases and they prefer more of the luxury goods. Making a good more expensive can increase its supposed value and will be known as a luxury good such that the extent of sales go up drastically. Many manufactured products get the status of luxury goods because of their design, quality, durability and performance that are way superior to the available products. All the luxury goods are independent of qualities which are considered to be goods at the highest end of the market in terms of quality and price. Almost all the luxury goods manufacturers opt for special luxury packaging to differentiate their products from other competitors. Various Luxury Goods: Luxury is associated with exclusivity products and prestige pricing of various products. Luxury goods available in the United States are designer apparel and footwear (ready-to-wear), fine wines/champagne and spirits, luxury cars, luxury eyewear, luxury hotels (5-star plus), luxury jewellery, luxury leather goods, luxury portable consumer electronics, luxury timepieces, luxury writing instruments and stationery, super premium beauty and personal care products. US Luxury Goods Market and Leading Players: The US luxury market has mix of multiple players, both domestic and international players who are highly competitive and diverse. There are large and small producers who possess a wide range of distribution channels in the luxury market. Within a highly competitive luxury goods market, the major players aim to maintain their shares by spreading their product portfolios and covering multiple product categories. The leading companies in the US luxury goods market are LVMH Moet Hennessy Louis Vuitton SA, PVH Corp., Ralph Lauren Corporation, and Tiffany & Co. Trends in US Luxury Goods Market: The luxury goods market has faced multiple challenges because the retail landscape of the market is rapidly changing with fashion and consumer demands. Majority of luxury goods in the United States are traditionally sold through store-based retailers such as department stores and specialist retailers. It was observed that there is a severe price competition in the luxury goods marker from various other growing channels such as e-retailing and off-priced retailers. The US luxury goods market has witnessed huge revenue generation in the recent years. The jewellery and watches segment is expected to witness huge profits in the US luxury goods market. Future of US Luxury Goods Market: Millennials in the US are least interested in the luxury goods compared to the previous generations and the leading players are not making any effort to attract the millennials. E-retailing of luxury goods continue to grow at much faster pace than store based luxury goods market. The growth of e-commerce is supported by the increase in e-retailing consumers in the US. The increase in the consumers’ disposable income and improvement in the labour market will support consumer confidence and spending on luxury goods market over the next few years. To know more, click on the link below: https://www.kenresearch.com/consumer-products-and-retail/luxury-goods/luxury-goods-in-the-united-states/144056-95.html Related Reports https://www.kenresearch.com/consumer-products-and-retail/luxury-goods/luxury-goods-in-germany/144186-95.html https://www.kenresearch.com/consumer-products-and-retail/luxury-goods/luxury-goods-in-china/144055-95.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com 0124-4230204 Post Views: 3 Tags: United States Luxury Goods Market, United States Luxury Goods Market Analysis, United States Luxury Goods Market Competition, United States Luxury Goods Market Forecast, United States Luxury Goods Market Opportunities, United States Luxury Goods Market Segmentation, US Luxury Goods Market Major Players, US Luxury Handbags Market Revenue, US Luxury Watches Market Revenue, US Online Luxury Goods Market Revenue, US Precious jewellery Market Revenue