Sales Of Luxury Goods In 2013 Will Reach $318 Billion.

< p > Global Market Research Company < a href= "//www.sjfzxm.com/news/index_c.asp > > Euromonitor < /a > published the 2014 edition of the survey report, involving 32 countries, including clothing, accessories, jewelry and other luxury sales forecast.

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< p > this report shows that although the economic situation in the global environment is not ideal, with the purchasing power of the middle class from Latin America, the Asia Pacific region and Africa, the sales volume of "a href=" //www.sjfzxm.com/news/index_c.asp "luxury" /a "in 2013 will reach 318 billion US dollars.

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< p > according to the existing data, the Asia Pacific region will become the largest area of luxury consumption in 2018. Besides Malaysia, Indonesia and other markets have great potential for development.

In addition, India's development potential is enormous. From 2008 -2013, India is the most dynamic luxury market, with a growth margin of 86% in the next 5 years.

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< p > from the perspective of product category, jewellery has the fastest growth rate, and Louis Vuitton and Versace brands also enter the high-end jewelry series. This is the most powerful witness. In addition, the development potential of cosmetics can not be underestimated. The Burberry brand has bought the franchise franchise of cosmetics, and many other brands are also competing to launch beauty cosmetics series.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Michael Kors, Coach, /a, the popular brand of relative price is popular in the emerging market. In recent years, the demand for affordable luxury goods is rising. This is also related to the rising price of high-end luxury brands.

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< p > but luxury brands have to mention China. Many European brands raise their prices in the hope that they can match the price of the Chinese market to increase the luxury consumption of Chinese consumers in the country, but this way can only make more people see the price prohibitive.

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