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Experiential Luxury in France

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    Report

  • 23 Pages
  • October 2024
  • Region: France
  • Euromonitor International
  • ID: 4968469
The year 2023 saw notable growth in experiential luxury in France, despite strikes, demonstrations, and blockades affecting the country’s image abroad. All travel segments showed a significant return, including business travellers, seminars and conventions, and weddings. Leisure tourism, which was the first to resume after the COVID-19 health crisis, also contributed to growth.

The Experiential Luxury in France 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 2028 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.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • 2024 is another outstanding year for experiential luxury, mainly in Paris
  • A better performance for Parisian outlets in a fragmented competitive landscape
  • AI and sustainable development can be compatible with experiential luxury
PROSPECTS AND OPPORTUNITIES
  • Trickle-down effect from the Olympic Games, or a return to normalisation, with risks for upscale and luxury hotels
  • Ongoing development and upgrading anticipated, and lower competition expected from luxury short-term rentals
  • More AI, but also more sustainable development in luxury hotels
CATEGORY DATA
  • Table 1 Sales of Experiential Luxury by Category: Value 2019-2024
  • Table 2 Sales of Experiential Luxury by Category: % Value Growth 2019-2024
  • Table 3 NBO Company Shares of Experiential Luxury: % Value 2019-2023
  • Table 4 LBN Brand Shares of Experiential Luxury: % Value 2020-2023
  • Table 5 Forecast Sales of Experiential Luxury by Category: Value 2024-2029
  • Table 6 Forecast Sales of Experiential Luxury by Category: % Value Growth 2024-2029
LUXURY GOODS IN FRANCE
EXECUTIVE SUMMARY
  • Luxury goods in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?
MARKET DATA
  • Table 7 Sales of Luxury Goods by Category: Value 2019-2024
  • Table 8 Sales of Luxury Goods by Category: % Value Growth 2019-2024
  • Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2019-2024
  • Table 10 NBO Company Shares of Luxury Goods: % Value 2019-2023
  • Table 11 LBN Brand Shares of Luxury Goods: % Value 2020-2023
  • Table 12 Distribution of Luxury Goods by Format and Category: % Value 2024
  • Table 13 Forecast Sales of Luxury Goods by Category: Value 2024-2029
  • Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources