Personal Luxury Goods Market size to grow by USD 33.53 billion and Accelerate at a CAGR of over 2.59%Technavio


Source: technologyforyou.org technologyforyou.org

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The convenience of using personal luxury goods will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Personal Luxury Goods Market 2021-2025: Segmentation The personal luxury goods market is segmented as below: - Product - Accessories - Apparel - Hard luxury - Cosmetics - Others The accessories segment will be significant in the growth of the personal luxury goods market during the forecast period. Accessories consist of...