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Analyst Opinions
NewLuxury Travel – Key Trends and Market Analysis by Destinations, Challenges and Opportunities, 2024 Update
Luxury Travel Market Report Overview The luxury travel market includes lodging, airlines, travel agencies, and destinations. The luxury travel industry is anticipated to benefit from the growing number of high-net-worth individuals as this will help tourists take advantage of and enjoy upmarket products and services on subsequent trips. Post the relaxation of COVID-19-induced travel restrictions, the luxury travel industry has reinforced its outlook and started prioritizing customer experiences rather than material belongings. In addition to embracing sustainability and responsible travel...
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Sector Analysis
Luxury Apparel Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
Luxury Apparel Market Overview The luxury apparel market size was $201.6 billion in 2023 and will grow at a CAGR of more than 5% during 2023-2028. In 2023, after two years of impressive growth propelled by pent-up demand post-pandemic, the global luxury apparel market began to taper as economic challenges in Europe and the US began to hit aspirational shoppers. However, the luxury apparel market demand will pick up again in 2025 as inflation rates begin to stabilize and aspirational...
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Analyst Opinions
Luxury Retailing Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
Global Luxury Retail Market Report Overview The global luxury retail market size was $462.7 billion in 2023. The market will grow at a CAGR of more than 6% during 2023-2028. Tourism numbers are set to bounce back to pre-pandemic levels, enabling higher luxury consumption at travel retailing stores as well as tourists boosting spend in key city centers. Furthermore, the continued growth in tourism is driving the global luxury retail market growth. Global Luxury Retail Market Outlook 2023 - 2028...
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Company Insights
NewDecoding American Express’s YouTube Advertising Strategy in Q1 2024
The report on American Express's advertising strategies on YouTube during the first quarter of 2024, focus on key products such as Amex Platinum Card and Amex Delta SkyMiles Platinum Card. It analyzes the core themes, messaging strategies, and product benefits portrayed in these advertisements, highlighting elements such as Exclusive Dining Experiences, Luxurious Travel Experiences and Complimentary Breakfast Benefits. Moreover, the report examines the overarching themes of Luxury, Convenience and Adventure infused into these campaigns. By synthesizing these insights, the report...
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Case Studies
NewEco Tourism Case Study – Analysing Key Trends, Destinations, Opportunities and Challenges
Eco Tourism Report Overview Eco tourism focuses on planning trips to beautiful destinations while minimizing environmental impact and promoting local economies. Eco Tourism is a sustainable travel experience that promotes responsible use of natural resources, reducing pollution and waste. It encourages responsible energy consumption, renewable energy sources, and single-use plastics. The eco-tourism case study provides an overview of the eco tourism industry. The report determines the key market drivers, and emerging trends, as well as highlights the opportunities and major...
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Consumer Insights
NewUnited Arab Emirates (UAE) Apparel Market Size, Consumer Insights, Competitive Landscape and Forecast to 2028
UAE Apparel Market Report Overview The UAE apparel market size was estimated to be AED 50.3 billion in 2023. The market will grow at a CAGR of more than 3% during 2023-2028 as the UAE presents a strong opportunity for global apparel brands, especially luxury and premium players. UAE Apparel Market Outlook 2023-2028 (AED Billion) Buy Full Report for More Insights on the UAE Apparel Market Forecast Download a Free Sample Report The UAE apparel market research report offers a...
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Case Studies
Mountain Tourism – Case Study
Mountain Tourism Report Overview The mountain tourism case study offers detailed insights into the key destinations with opportunities and challenges faced by the industry. Mountains are important tourist destinations around the world and attract visitors for their picturesque beauty, sports attractions, and rich cultural and spiritual heritage. The expansion of transportation networks and digitalization has led to an increased interest in mountain tourism both for adventure and wellness. Mountain tourism allows tourists to witness and experience the environment in a...
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Analyst Opinions
NewFactors of Influence for Purchases – Key Trends and Consumer Insights
Factors of Influence for Purchases – Key Trends and Consumer Insights Report Overview The top five factors that influence consumers’ purchases are value for money, quality, price, discounts and promotions, and range. Value for money is the most influential factor among others for most sectors. This is unsurprising given the persistent pressures on consumers’ discretionary incomes and weak consumer confidence. On the other hand, discounts and promotions are generally less influential in purchasing choices but this is relatively more important...
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Sector Analysis
Luxury Hotels Market Size and Forecast, Key Trends, Company Profiles, 2023 Update
Luxury Hotels Report Overview Luxury hotel revenue was $224.30 billion in 2022. Since the global COVID-19 pandemic impacted the tourism industry, the lodging industry was directly impacted as well, causing a decline in revenue during 2020. In 2021, travel started to ease up as the pandemic situation began to improve, and there was an increase in revenue which continues till 2022. The decrease in COVID-19 travel restrictions has led to a growing number of travelers who want to enjoy and...
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Analyst Opinions
Top Trends in the Apparel Market for 2024
Top Trends in Apparel Market Overview The Top Trends in the Apparel Market for 2024 report includes an analysis of key factors impacting the global apparel market in 2024. The major trends in the apparel market are inflation, mergers and acquisitions, the outperformance of online channels, the importance of value for money, and market polarization among others. Top Trends ·       Inflation ·       Mergers and Acquisitions ·       The Outperformance of Online Channels ·       Importance of Value for Money ·       Market Polarization...