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Luxury Leather Goods in Malaysia

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    Report

  • 20 Pages
  • December 2021
  • Region: Malaysia
  • Euromonitor International
  • ID: 2587215
Luxury leather goods experienced a negative impact from the onset of COVID-19 since 2020. The decimation of international tourist arrivals due to the closure of borders in Malaysia negatively affected demand for luxury leather goods. High net worth individuals who visit the country tend to spend significant sums on luxury leather goods in Malaysia, especially during the holidays.

The publisher's Luxury Leather Goods in Malaysia report offers a comprehensive guide to the size and shape of the Luxury Leather Goods 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 Luxury Leather Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Luxury Bags and Small Leather Goods, Luxury Travel Goods.

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

Why buy this report?

  • Get a detailed picture of the Luxury Leather Goods 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.

Table of Contents

KEY DATA FINDINGS
2021 DEVELOPMENTS
  • Demand growth stimulated by domestic consumption but recovery remains slow in 2021
  • Price reductions, new launches and novel marketing concepts all embraced as industry players endeavour to reach out to and attract consumers
  • Recovery delayed for luxury travel goods due to the ongoing presence of COVID-19 and government measures to control its spread

PROSPECTS AND OPPORTUNITIES
  • Recovery expected to strengthen in the forecast period as government restrictions ease and the country resumes a greater degree of normality
  • Growing competitive advantage for e-commerce as more players respond to changing consumer purchasing patterns
  • Sustainability becomes more important in consumers’ buying decisions over the forecast period

CATEGORY DATA
  • Table 1 Sales of Luxury Leather Goods: Value 2016-2021
  • Table 2 Sales of Luxury Leather Goods: % Value Growth 2016-2021
  • Table 3 NBO Company Shares of Luxury Leather Goods: % Value 2016-2020
  • Table 4 LBN Brand Shares of Luxury Leather Goods: % Value 2017-2020
  • Table 5 Distribution of Luxury Leather Goods by Format: % Value 2016-2021
  • Table 6 Forecast Sales of Luxury Leather Goods: Value 2021-2026
  • Table 7 Forecast Sales of Luxury Leather Goods: % Value Growth 2021-2026

LUXURY GOODS IN MALAYSIA
EXECUTIVE SUMMARY
  • Luxury goods in 2021: The big picture
  • 2021 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?

MARKET DATA
  • Table 8 Sales of Luxury Goods by Category: Value 2016-2021
  • Table 9 Sales of Luxury Goods by Category: % Value Growth 2016-2021
  • Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
  • Table 11 NBO Company Shares of Luxury Goods: % Value 2016-2020
  • Table 12 LBN Brand Shares of Luxury Goods: % Value 2017-2020
  • Table 13 Distribution of Luxury Goods by Format and Category: % Value 2021
  • Table 14 Forecast Sales of Luxury Goods by Category: Value 2021-2026
  • Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026

DISCLAIMER
SOURCES
  • Summary 1 Research Sources