United States of America (USA) Luxury Goods Market Summary, Competitive Analysis and Forecast, 2017-2026

Abstract

Summary

Luxury Goods in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The Luxury goods market presents the revenues at retail sales value from retailers specifically dealing with Luxury Jewellery & Watches, Bags & Accessories, Apparel & Footwear and Cosmetics & Fragrances. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The US luxury goods market had total revenues of $77.3 billion in 2021, representing a compound annual growth rate (CAGR) of -2.1% between 2016 and 2021.
- The jewellery & watches segment was the market's most lucrative in 2021, with total revenues of $29.6 billion, equivalent to 38.3% of the market's overall value.
- The US market accounts for 24.7% of the global market.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the luxury goods market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the luxury goods market in the United States
- Leading company profiles reveal details of key luxury goods market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States luxury goods market with five year forecasts

Reasons to Buy

- What was the size of the United States luxury goods market by value in 2021?
- What will be the size of the United States luxury goods market in 2026?
- What factors are affecting the strength of competition in the United States luxury goods market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States' luxury goods market?

Content

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do leading players in the market follow?
7.4. Are there any threats to leading players?
7.5. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. LVMH Moet Hennessy Louis Vuitton SA
8.2. PVH Corp
8.3. Tiffany & Co
8.4. Ralph Lauren Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List of Tables
Table 1: United States luxury goods market value: $ billion, 2016-21
Table 2: United States luxury goods market category segmentation: % share, by value, 2016-2021
Table 3: United States luxury goods market category segmentation: $ billion, 2016-2021
Table 4: United States luxury goods market geography segmentation: $ billion, 2021
Table 5: United States luxury goods market value forecast: $ billion, 2021-26
Table 6: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 7: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 8: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 9: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 10: PVH Corp: key facts
Table 11: PVH Corp: Annual Financial Ratios
Table 12: PVH Corp: Key Employees
Table 13: PVH Corp: Key Employees Continued
Table 14: Tiffany & Co: key facts
Table 15: Tiffany & Co: Key Employees
Table 16: Ralph Lauren Corp: key facts
Table 17: Ralph Lauren Corp: Annual Financial Ratios
Table 18: Ralph Lauren Corp: Key Employees
Table 19: United States size of population (million), 2017-21
Table 20: United States gdp (constant 2005 prices, $ billion), 2017-21
Table 21: United States gdp (current prices, $ billion), 2017-21
Table 22: United States inflation, 2017-21
Table 23: United States consumer price index (absolute), 2017-21
Table 24: United States exchange rate, 2017-21

List of Figures
Figure 1: United States luxury goods market value: $ billion, 2016-21
Figure 2: United States luxury goods market category segmentation: $ billion, 2016-2021
Figure 3: United States luxury goods market geography segmentation: % share, by value, 2021
Figure 4: United States luxury goods market value forecast: $ billion, 2021-26
Figure 5: Forces driving competition in the luxury goods market in the United States, 2021
Figure 6: Drivers of buyer power in the luxury goods market in the United States, 2021
Figure 7: Drivers of supplier power in the luxury goods market in the United States, 2021
Figure 8: Factors influencing the likelihood of new entrants in the luxury goods market in the United States, 2021
Figure 9: Factors influencing the threat of substitutes in the luxury goods market in the United States, 2021
Figure 10: Drivers of degree of rivalry in the luxury goods market in the United States, 2021