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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
NewLuxury Apparel Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
Luxury Apparel Market Report 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...
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Analyst Opinions
NewLuxury 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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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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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
NewMountain 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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Product Insights
Stratosphere Dev – The Ascent at the Oxford, Sheer Luxury – St. Andrew
Equip yourself with the essential tools needed to make informed and profitable decisions with our Stratosphere Dev – The Ascent at the Oxford, Sheer Luxury – St. Andrew report. Note: This is an on-demand report that will be delivered upon request. The report will be delivered within 2 to 3 business days of the purchase, excluding weekends and holidays. Certain sections of the report may be removed or altered based on data availability and relevance. Reasons to buy Acquire a...
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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...
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Thematic Analysis
Premiumization in Travel and Tourism – Thematic Intelligence
Premiumization in Travel and Tourism Thematic Report Overview Premiumization refers to the process of elevating products, services, or experiences to a higher quality and offering luxury and exclusivity. It is influenced by factors such as age, lifestyle, experiences, and income. To effectively implement premiumization strategies, players are focusing on the preferences of the target audience and market dynamics. Businesses need to understand the unique wants and expectations of customers to offer products or services that reflect and align with their...