Experiential Luxury in Taiwan

Abstract
Having plunged by almost two thirds during 2020 due to COVID-19 restrictions, retail constant value sales of experiential luxury saw no more than a tepid recovery in 2021 before resuming their decline during 2022, with the largest COVID-19 outbreak in Taiwan to date during May playing a significant role in this. Although occupancy rates improved during 2022 as a whole, room rates fell. For example, the Grand Hyatt Taipei saw its occupancy rate rise from 21% to 25% in 2021, but the average daily...

Experiential Luxury in Taiwan report offers a comprehensive guide to the size and shape of the Experiential 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 Experiential Luxury retailing along with the development of consumers’ shopping patterns. Forecasts to 2026 illustrate how the market is set to change

Product coverage:Luxury Foodservice, Luxury Hotels.

Data coverage:market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Experiential 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.

Content
Experiential Luxury in Taiwan
August 2022

List Of Contents And Tables

EXPERIENTIAL LUXURY IN TAIWAN
KEY DATA FINDINGS
2022 DEVELOPMENTS
Occupancy rates at luxury hotels begin to recover, average room rates fall
Luxury hotels pivot to foodservice and events like weddings
Staycation packages target specific consumer groups
PROSPECTS AND OPPORTUNITIES
Recovery will pick up steam in 2023
Both intra- and inter-industry collaboration will deepen
Themed rooms and even hotels will proliferate
CATEGORY DATA
Table 1 Sales of Experiential Luxury by Category: Value 2017-2022
Table 2 Sales of Experiential Luxury by Category: % Value Growth 2017-2022
Table 3 NBO Company Shares of Experiential Luxury: % Value 2017-2021
Table 4 LBN Brand Shares of Experiential Luxury: % Value 2018-2021
Table 5 Forecast Sales of Experiential Luxury by Category: Value 2022-2027
Table 6 Forecast Sales of Experiential Luxury by Category: % Value Growth 2022-2027
LUXURY GOODS IN TAIWAN
EXECUTIVE SUMMARY
Luxury goods in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2017-2022
Table 8 Sales of Luxury Goods by Category: % Value Growth 2017-2022
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
Table 10 NBO Company Shares of Luxury Goods: % Value 2017-2021
Table 11 LBN Brand Shares of Luxury Goods: % Value 2018-2021
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2022
Table 13 Forecast Sales of Luxury Goods by Category: Value 2022-2027
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources