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Based on product type, the market is segmented into watches and jewellery, perfumes and cosmetics, clothing, and bags/purse, among others. Over the forecast period, watches and jewellery are expected to grow at a CAGR of 4.9% due to increasing fashion consciousness among consumers and the emergence of unique products by luxury brands.
Philippines Luxury Goods Market Size
Philippines Luxury Goods Market Growth
Philippines Luxury Goods Market Share
Philippines Luxury Goods Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached nearly USD 6.10 billion in 2023.
The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The market is assessed to witness healthy growth in the forecast period to reach around USD 8.83 billion in 2032.
The different product types in the market are watches and jewellery, perfumes and cosmetics, clothing, and bags/purse, among others.
The different distribution channels in the market are online and offline.
The different end users of luxury goods in the market are men and women.
The key market players are Chanel Limited, Rolex SA, Giorgio Armani S.p.A, Estee Lauder Companies Inc., Ralph Lauren Corporation, Cartier International AG, and Burberry Group plc, among others.
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Philippines
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United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124